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PRINCIPAL FUNDS

 

YOUR community foundation is dedicated to connecting people who care with causes that matter for future generations. Together we will continue making the Salem Community Foundation even stronger and more vibrant through the power of philanthropy.

Salem Community Foundation provides a variety of fund types to match our donor’s desires.

Please call our office for additional information, 330-332-4021.

 

 

PRINCIPAL FUNDS

Fund Types Offered by the Salem Community Foundation:

  • Unrestricted Funds - Use is in no way specified by the donor. Such gifts are useful to the Foundation since they afford the Board of Directors the greatest flexibility in meeting needs of the community.
  • Restricted Funds - The income is specified for general causes such as educational or cultural programs.
  • Designated Funds - A specific charitable organization is designated as beneficiary.
  • Donor Directed Funds - The income and/or principal is distributed each year as directed by the donor.
  • Memorial Gifts - In order to establish a Fixed Memorial Fund on behalf of, or in the name of individual(s), it is necessary to have one or more contributions aggregating $5,000. When a $25 memorial contribution is made, the name of the deceased, year of birth and death are inscribed in the Book of Memory in the Salem Public Library. 

McKeown Fund

During 1977, the Salem Community Foundation was designated the recipient of the income from the Ruth Harkins McKeown estate, for which PNC Bank is trustee and executor. Since then approximately $26,000,000 has been received from the trust. This past year alone the Foundation received $802,912 from the Trust, which has been distributed for the benefit of local citizens. The market value of the fund December 31, 2018, was $25,269,357. The Salem Community Foundation is grateful for the support of the Ruth Harkins McKeown Fund and the important work it makes possible in our community.


Salem Community Foundation Funds (112 total)

SHOW: All Funds Unrestricted Scholarship
  Agency / Organization Donor Advised Foundation Directed
 

A. Franklin Huber Fund (2007): Foundation directed.
Albert and Ethel Parker Memorial Fund (1983): Unrestricted Fund.
Albert Morris Family Fund (2006): Foundation directed.
Anderson Family Fund (2001): Income to provide scholarships to college students.
Anonymous Fund (2012): Donor directed.
Avanell E. Beck Scholarship Fund (1992): Income to be used to assist college students in the pursuit of higher education.
Betty R. Ulicny Scholarship Fund (1999): Income to provide scholarships to college students pursuing a career in teaching or journalism.
Bonnie Lee Burson - George Ursu Jr. Memorial Fund Income (1971): To be awarded annually to a Salem High School senior girl and who demonstrate the most responsible citizenship, courtesy and safety.
Boy Scout Troop #2 (2004): For the support of Boy Scout Troop #2 sponsored by the First United Methodist Church.
Boy Scout Troop #3 (2003): For the support of Boy Scout Troop #3 sponsored by the First Presbyterian Church.
Bruce P. and Eileen J. Gordon Scholarship Fund (2010): Income to provide scholarships to Kent State Salem Campus students.
Butech Bliss Technology Endowment Fund (2018): Donor directed.
Caplan / Bloomberg Fund (1983): Unrestricted Fund.
Charles Burchfield Art Scholarship Fund (1982): Income to provide scholarships to talented students pursuing an education in the art field.
Charles E. Williams Memorial Fund (1983): Income to be awarded by the Salem Community Theatre to a student who has shown strong interest in performing arts.
Charles F. Fox Memorial Fund (1972): Twenty percent of income to designated concert programs in Salem, twenty percent to be unrestricted, sixty percent to the Salem High School Alumni Assoc. Scholarship Fund.
Charles Mattevi Memorial Fund (1971): Income to be awarded to an exceptional senior boy on the Salem High School basketball team and recognize a Salem citizen supporting athletics, primarily in the area of basketball.
Charles Philipp Wirsching Jr. Endowment Fund (2019): Donor Advised
Cindy Maher Scholarship Fund (2002): Income to be directed to student teachers in Salem's elementary schools.
Clarence P. Trotter Memorial Fund (1990): Unrestricted Fund.
Corinne Mackall Scholarship Fund (2008): Income to be awarded by the Salem Music Study Club for students deserving of further music training.
Deming Memorial Fund (1979): Unrestricted Fund.
Don and Helen Vincent Memorial Fund (2008): Unrestricted Fund.
Doris Tetlow Memorial Fund (1983): Unrestricted Fund.
Dorothy Vaughan Scholarship Fund (2005): Income to be awarded by the Salem Music Study Club for students deserving of further music training.
Dr. and Mrs. C. J. Lehwald Scholarship Fund (1975): Unrestricted Fund.
Dr. Harold F. Hoprich Scholarship Fund (1977): Income to be awarded annually to the Salem High School valedictorian.
Dr. Thomas B. Johnson Legacy Fund for Caregivers (2015): Donor directed.
Dr. Thomas B. Johnson Memorial Fund (2016): Foundation directed.
E. M. Stephenson Memorial Fund (1968): Unrestricted Fund.
Elizabeth and Raymond Pearce Memorial Fund (1968): Unrestricted Fund.
Elizabeth Y. Johnson Memorial Fund (2019): Foundation Directed
Elsie Fernangel Smith Memorial Fund (1975): Unrestricted Fund.
Ernst P. Schaefer Scholarship Fund (2002): Income to provide wellness scholarships to the Salem Community Center.
Evelyn Lease Fund (1969): Foundation directed.
Florence C. Shafer Memorial Fund (2014): Foundation directed.
Floyd W. McKee Memorial Fund (1973): Unrestricted Fund.
Frank M. and Dorothy M. Faulk Memorial Fund #1 (2017): Foundation directed.
Frank M. and Dorothy M. Faulk Memorial Fund #2 (2017): Foundation directed.
Friends of the Children (1996): Income to be directed to the Salem Parks Department for upkeep of playgrounds.
General and Memorial Fund (1966): Unrestricted Fund.
George and Jeannette Emeny Endowment Fund (1995): Foundation directed.
Gingerbread Day Fund (2011): For the support of Gingerbread Day.
Gladys M. Early Memorial Fund (1998): Unrestricted Fund.
Gordon - Stanley Preserve Salem Endowment Fund (2015): Donor directed.
Guns and Hoses Benefit Fund (2018): For the support of those serving with local police and fire departments.
H. W. and B. L. Young Memorial Fund (1985): Income designated to the Salem High School Alumni Assoc. Scholarship Fund.
Hansell Family Fund (1977): Donor directed.
Hart / Litty Scholarship Fund (2001): Income to provide scholarships to college students.
Hauptkorn / Salem Rotary Club Children's Fund (1988): Income to be used by the Salem Rotary Club to benefit their children's programs
Herbert J. Hansell Scholarship Fund for Public Service (2015): Income to provide scholarships to college students pursuing a career in public service.
Howard Jesko Memorial Fund (1983): Donor directed.
Humane Society of Columbiana County Fund (2016): To fulfill the mission of the Humane Society of Columbiana County.
J. Robert Sebo Fund (1999): Donor directed.
Jacqueline E. Troll Memorial Fund (2016): Foundation directed.
James H. Wilson Memorial Fund (1967): Income to be awarded annually to the "Highest Academic" and "Best All Around" nursing students at the Hannah E. Mullins School of Practical Nursing.
Jonathan Gamble Memorial Scholarship Fund (2017): Income to be awarded by the Winona Fire Department to a high school senior or college student.
Joseph P. and Donna J. Sedzmak Fund (2007): Donor directed
Karen Wendling Sebo Fund (2016): Donor directed.
Kenneth and Ruth H. Wirtz Memorial Fund (1987): Income to be directed to Centennial Park, Salem Worlds War Memorial Building and Salem Community Center
L. Raymond Maurer Fund (2007): Foundation directed.
LeAnne E. Zimmann and Family Memorial Fund (1992): Unrestricted Fund.
Lou Slaby Scholarship Fund (2018): Income to provide scholarships to students enrolled in the Salem City School District.
Loudon Memorial Fund (1989): Donor directed.
Louis H. and Maude S. Brush Memorial Fund (1968): Unrestricted Fund.
Louis Mattevi Memorial Fund (1975): Foundation Directed.
Lyle and Mary Biehler Scholarship Fund (1993): Income to be used to assist college students in the pursuit of higher education.
Mary Byers Howett Memorial Fund (): Unrestricted Fund.
Matt A. and Bernice E. Melitschka Fund (2008): Foundation directed.
Matt and Debbie Butts Service Fund (2018): Donor directed.
Ministerial Scholarship Fund (2008): Income to provide scholarships to college students pursuing a career in ministry.
Mona McArtor SAFCO Fund (1978): Income to benefit the SAFCO program, providing food for Salem's children.
NEW Scholarship Fund (2018): Donor directed.
Olive Tetlow Memorial Fund (1983): Unrestricted Fund.
Pearce Mobile Meals Fund (1983): Income to support the Pearce Mobile Meals for elderly and shut-ins program.
Ralph P. Smith Memorial Fund (2010): Foundation directed.
Raymond J. Reasbeck Memorial Fund (1982): Income to be used to promote amateur sports and/or construction and maintenance of public recreation facilities.
Rebecca H. Knowlton Memorial Fund (1968): Unrestricted Fund.
Richard Washinko Memorial Scholarship Fund (2018): Income to provide scholarships to students enrolled in the Salem City School District.
Sal and Alma Apicella Fund (2000): Donor directed.
Salem City Schools Scholarship Fund (2015): Income to provide scholarships to students enrolled in the Salem City School DIstrict.
Salem Community Center Endowment Fund (2000): To support operation and maintenance of Salem Community Center.
Salem Community Center Operating Fund (2001): For the support of the Salem Community Center.
Salem Community Foundation Operating Fund (2019): Foundation Directed
Salem Community Foundation Scholarship Fund (1991): Scholarships are awarded to college students who meet requirements. Established from the combined funds of George Theiss, Paul and Olive Astry, J.G. Smith, Zella Litty, Louise Bunn, Salem Scholarship Fund, Freda Sweitzer Legacy, R.B. McArtor, C. Harold Musser, Ethel Beall, Anna Thomas, F.R. Mathews, Mary Ellen Pizzino, and the Corso funds.
Salem Community Theatre Endowment Fund (2001): For the support of the Salem Community Theatre.
Salem Elks Caring and Sharing Fund (2018): Donor directed.
Salem Garden Club Fund (2004): Income to be directed to the Salem Parks Department for annual planting to beautify Salem's parks.
Salem Girls Basketball Fund (1996): Income to be awarded to an exceptional senior girl on the Salem High School basketball team.
Salem Hall of Fame Fund (2002): Income to be directed to wellness programs at the Salem Community Center.
Salem High School Alumni Association - Max M. Fisher Athletic Scholarship Fund (2016): Income designated to the Max M. Fisher Athletic Scholarship awarded by the Salem High School Alumni Association.
Salem Label / Menegos Fund (1994): Donor directed.
Salem Police Department K-9 Fund (2016): For the support of the Salem Police Department K-9 program.
Salem Youth Soccer League Endowment Fund (2014): For the support of Youth Soccer League.
Sam and Bernice Keener Scholarship Fund (1991): Income to be used to assist college students in the pursuit of higher education.
Summer Concert Fund (2013): Foundation directed.
T. Emerson Smith Memorial Fund (1975): Unrestricted Fund.
Teddy Lease Keen Memorial Fund (1997): Income to be directed to the Banquet in Salem to purchase books for children.
The Banquet in Salem Fund (2016): To fulfill the mission of the Banquet in Salem.
The ROC of Salem Fund (2012): To fulfill the mission of the ROC in Salem.
The Salem Rotary Endowment Fund (2017): To fulfill the mission of the Salem Rotary Foundation.
Thomas E. and Doris I. Miller Memorial Fund (): Unrestricted Fund.
United Community Scholarship Fund (2017): To fulfill the mission of the United Community Scholarship Foundation.
V. Esther Odoran Memorial Music Fund (1974): Income to be awarded by the Salem Music Study Club and Salem Schools for students deserving of further vocal training.
Vange Firestone Memorial Fund (2016): Foundation directed.
Walter B. Null Memorial Fund (1986): Unrestricted Fund.
Wayne T. Darling Fund (2005): Foundation directed.
Winona Area Historical Society Restricted Fund (2016): To fulfill the mission of the Winona Area Historical Society.
Winona Flax Scutching Festival Association Inc. Fund (2017): For the support of the Winona Flax Scutching Festival.
Winona Ruritan Club Fund (2016): To fulfill the mission of the Winona Ruritan Club.
YMG Charity Fund (2014): Donor directed.
YWCA Endowment Fund (1996): Donor directed.

Salem Community Foundation  ·  Serving the Salem area since 1966