Troy Foundation
/OVERVIEW: The Troy Foundation supports arts and culture, education and youth, recreation and health and human services in Ohio.
FUNDING AREAS: Arts and culture, education, youth, recreation, health, human services
IP TAKE: Look into this well-established community funder’s easily accessible mini-grant program for equipment needs and small projects.
PROFILE: Established in 1924, the Troy Foundation is a community foundation based in Troy, Ohio. The foundation began with Augustus G. Stouder, the president of the Hobart Electric Manufacturing Company, and his friend John K. DeFrees with the First National Bank & Trust Company. The foundation has grown from its original bequest of $151,640 to assets exceeding $100 million. Today, the foundation manages over 400 funds to serve thousands of people who share the goal of making this community a better place. It funds local efforts for arts and culture, education and youth, recreation and health and human services.
The Troy Foundation supports many different types of nonprofits at the local level. It typically awards a couple dozen grants per cycle from its general fund. Meanwhile, the foundation distributes additional grants from the Lafferty Family Fund, Clyde and Kathryn Marr Fund, Kathryn Marr Fund and Richard Shellenbarger Music Fund. Past funding has gone to public libraries, schools, recreation associations, food pantries, abuse shelters and nature centers.
Grants range between about $500 and $50,000. Learn more about this funder’s local giving on the grants awarded page of the funder’s website. Grantmaking focuses on the city of Troy, Ohio. Past local grantees include the Troy-Miami County Public Library, Brukner Nature Center and Troy City Schools.
This foundation accepts unsolicited grant applications from nonprofits. It has a distribution committee that reviews new requests in March, June, September and December. Application deadlines are the 15th of the months of February, May, August and November. Applicants must submit six copies of their application materials to the foundation by mail. There is an expedited process available for requests under $2,000. Direct general questions to the staff at info@thetroyfoundation.org or 937-339-8935.
PEOPLE:
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