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The Needmor Fund

Profile

Last Updated: 2016-07-28

At A Glance

The Needmor Fund

42 S. St. Clair St.

Toledo, OH United States 43604-8736

Telephone: (419) 255-5560

URL: www.needmorfund.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $26,690,448

Total giving: $1,459,500

EIN

346504812

BRIDGE Number

7191406300

Additional Contact Information

Additional e-mail: moreinfo@needmorfund.org

Background

Trust established in 1956 in OH - The grantmaker is a signatory to Philanthropy’s Promise, an initiative of the National Committee for Responsive Philanthropy (NCRP). By signing on, the grantmaker has committed to allocating the majority of its grantmaking dollars to marginalized communities and at least 25 percent to social justice strategies, such as advocacy, community organizing, and civic engagement

Purpose and Activities

The mission of The Needmor Fund is to work with others to bring about social justice. It supports groups that work together to change the social, economic, or political conditions that bar access to participation in a democratic society. Needmor has identified grassroots community organizing as the most effective process by which low- and moderate-income people can build power, address the systemic barriers to the practice of democracy, hold public and corporate officials accountable for their actions, and begin to participate in shaping public policy. Its grantmaking is focused exclusively on providing support for multi-issue, democratically controlled, membership-based community organizations.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

Historically, the fund has made PRIs for socially responsible funding and community organizing.

Fields of Interest

Subjects
  • Civic participation
  • Community organizing
  • Democracy
  • Elections
  • Public affairs
  • Voter education and registration
Population Groups
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $26,690,448 (market value)

Gifts received: $746,000

Expenditures: $2,287,977

Total giving: $1,459,500

Qualifying distributions: $2,027,845