Y M C A Of Canton District Permanent Endowment Fund

Organization Overview

Y M C A Of Canton District Permanent Endowment Fund is located in Brooklyn, OH. The organization was established in 1971. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Y M C A Of Canton District Permanent Endowment Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Y M C A Of Canton District Permanent Endowment Fund generated $157.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $96.1k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GRANTS ARE MADE ACCORDING TO TRUST AGREEMENT DATED DECEMBER 27, 1962. KEYBANK, AS TRUSTEE MAKES DISTRIBUTIONS TO THE Y.M.C.A. OF CANTON UPON WRITTEN DEMAND. KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS MADE TO Y.M.C.A.-CANTON AREA TO BENEFIT THE PROGRAM AND FACILITIES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $36,986
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $120,782
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $157,768

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