Gar Foundation logo

Gar Foundation

North America, Ohio, United States, Akron

Description

Gar Foundation is a private grant-making foundation based in Akron, Ohio, established in 1953 by John and Mary Garber. Its core mission is to enhance the quality of life in Summit County by supporting non-profit organizations that address critical community needs. The Foundation operates with a strategic focus on four key areas: Education, Economic and Workforce Development, Arts and Culture, and Civic and Community initiatives. It plays a vital role in fostering innovation and sustainability within the local non-profit sector, aiming to create lasting positive change.

The Foundation's commitment to education spans from early childhood learning to K-12 and higher education, supporting programs that improve educational outcomes and access. In economic and workforce development, Gar Foundation invests in initiatives that strengthen the local economy and prepare individuals for successful careers. Its support for arts and culture enriches the community's cultural landscape, while civic and community grants address broader societal challenges and promote community well-being.

Unlike venture capital firms that make equity investments, Gar Foundation primarily provides philanthropic grants to eligible non-profit organizations. These grants fund a diverse range of projects, from capacity building and program support to significant capital campaigns. For instance, in 2023 alone, Gar Foundation awarded over $8 million in grants to various non-profit organizations across its focus areas. Since its inception in 1953, the Foundation has distributed more than $190 million in grants, demonstrating a long-standing dedication to its community. The typical grant sizes vary widely, reflecting the diverse needs and scales of the projects it supports.

Investor Profile

Gar Foundation has backed more than 33 startups, with 0 new investments in the last 12 months alone. The firm has led 32 rounds, about 97% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Non Profit, Communities, Performing Arts.
  • Typical check size: $5K – $1M.

Stage Focus

  • Grant (100%)

Country Focus

  • United States (100%)

Industry Focus

  • Non Profit
  • Communities
  • Performing Arts
  • Art
  • Health Care
  • Charity
  • Education
  • Events
  • Nursing And Residential Care
  • News
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Gar Foundation frequently co-invest with?

Knight Foundation
North America, Florida, United States, Miami
Co-Investments: 1
Akron Community Foundation
North America, Ohio, United States, Akron
Co-Investments: 1
WB
North America, Ohio, United States, Fairlawn
Co-Investments: 1
Goodyear
Europe, Birmingham, United Kingdom, Birmingham
Co-Investments: 1
United Way of Summit and Medina
North America, Ohio, United States, Akron
Co-Investments: 1
​University of Akron ​Research ​Foundation​
North America, Ohio, United States, Akron
Co-Investments: 1
GA
North America, Ohio, United States, Akron
Co-Investments: 1
Huntington National Bank
North America, Ohio, United States, Columbus
Co-Investments: 1

What are some of recent deals done by Gar Foundation?

ArtsNow

Akron, Ohio, United States

ArtsNow is an innovative non-profit connecting arts, culture, community events & artists thru collaboration.

ArtEvents
GrantMay 23, 2023
Amount Raised: $125,000
Signal Akron

Akron, Ohio, United States

Signal Akron operates as a new non-profit news source.

NewsNon Profit
GrantFeb 22, 2023
Amount Raised: $5,000,000
Magical Theatre Company

Barberton, Ohio, United States

Magical Theatre Company is dedicated to making memorable experiences for kids, families, and schools.

Non Profit
GrantMar 2, 2018
Amount Raised: $25,000
Akron Soul Train

Akron, Ohio, United States

Akron Soul Train An artist residence programme in Akron, Ohio.

Non Profit
GrantMar 2, 2018
Amount Raised: $50,000
Akron Area YMCA

Akron, Ohio, United States

The Akron Area YMCA is a charitable organization.

Child CareNon Profit
GrantMar 2, 2018
Amount Raised: $15,000
United Way of Summit and Medina

Akron, Ohio, United States

United Way of Summit and Medina is a non-profit organization that provides education, financial stability, and health care to the community.

CommunitiesEducationFamilyHealth CareNon ProfitSocial AssistanceSocial Impact
GrantMar 2, 2018
Amount Raised: $450,000
Bechdel Fest

Akron, Ohio, United States

The Bechdel Film Festival is taking place in Akron.

Non Profit
GrantMar 2, 2018
Amount Raised: $18,000
Rubber City Theatre

Akron, Ohio, United States

Rubber City Theatre formerly Rubber City Shakespeare Company, is to bring affordable Shakespeare and classical drama to Akron, Ohio.

Performing Arts
GrantMar 2, 2018
Amount Raised: $3,000
Community Support Services

Akron, Ohio, United States

Community Support Services provides preventive care, disease management, and wellness services.

Health CareNursing and Residential CareWellness
GrantMar 2, 2018
Amount Raised: $12,000
Akron Children’s Hospital

Akron, Ohio, United States

Akron Children’s Hospital is a pediatric hospital and offers a number of pediatric subspecialty fellowship programs.

Health Care
GrantMar 2, 2018
Amount Raised: $50,000