Akron Development Corporation
THE AKRON DEVELOPMENT CORPORATION WAS ORGANIZED TO SUPPORT ECONOMIC DEVELOPMENT INITIATIVES IN THE CITY OF AKRON, PARTICULARLY THROUGH THE FORMER AKRON GLOBAL BUSINESS ACCELERATOR AND TO SECURE STATE OF OHIO FUNDING FOR TECHNOLOGY-BASED BUSINESSES. (THE FORMER AKRON GLOBAL BUSINESS ACCELERATOR SPUN OFF FROM THE CITY OF AKRON AND IS NOW AN INDEPENDENT ENTITY KNOWN AS THE BOUNCE INNOVATION HUB, WHICH COMMENCED OPERATIONS ON JANUARY 1, 2018.)
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$4.7M
-3.8% YoY
Annual Giving
$45K
+156.8% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$23K
+28.4% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,658,584 | $4,840,222 | $5,370,661 |
| Revenue | $489,718 | $284,160 | $492,572 |
| Expenses | $481,356 | $552,493 | $524,420 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-21,925 | $-66,776 | $27 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Akron Development Corporation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JASON DODSON | PRESIDENT | 4 | — |
| JOE DANCY | SECRETARY | 4 | — |
| KEN BURNS | TREASURER | 4 | — |
| ADELE ROTH | TRUSTEE | 4 | — |
| SEAN VOLLMAN | TRUSTEE | 4 | — |
| SUZIE GRAHAM-MOORE | TRUSTEE | 4 | — |
| ISAIAH YOUNG | TRUSTEE | 4 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Akron Development Corporation on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry