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Nonprofit · EIN 34-6520254

TIMKEN FOUNDATION OF CANTON

Tax-exempt · CANTON, OH 44702

Financials

$82.8M$17.6M2022$9.5M$19.9M2023$15.4M$21M2024
Revenue Expenses · by fiscal year end
Financials of TIMKEN FOUNDATION OF CANTON by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$15,444,573$20,994,654-$5,550,081$145,159,205$2,178$145,157,027
September 30, 2024990-PF$9,495,316$19,915,341-$10,420,025$147,282,142$0$147,282,142
September 30, 2023990-PF$82,798,453$17,640,599$65,157,854$153,798,169$58,617$153,739,552
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$4,091,217
Interest
$3,924,724
Net gain from sales of assets
$7,348,632
Other income
$80,000

Expenses

Grants and similar amounts paid
$19,480,546
Compensation of officers, directors and key employees
$374,246
Salaries, compensation and benefits (total)
$93,341
Disbursements for charitable purposes
$20,460,585
Excise tax on investment income
$208,008

Balance sheet and other

Total assets, start of year
$147,282,142
Total assets, end of year
$145,159,205
Total liabilities, end of year
$2,178
Net assets, end of year
$145,157,027
Fair market value of assets
$380,325,638
Qualifying distributions
$20,460,585
Net investment income
$15,364,573

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARK A SCHEFFLER
200 MARKET AVENUE N, CANTON, OH 44702
EXECUTIVE DIRECTOR40$254,600$38,869
ROBERT R TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
PRESIDENT/TRUSTEE25$119,646$31,191
ROSE A COLTON
200 MARKET AVENUE N, CANTON, OH 44702
OPERATIONS & GRANT C
Highest-paid employee
40$56,319$11,517
WARD J TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
WARD J TIMKEN JR
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
WR TIMKEN JR
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
JOY A TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
HH KURT TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
990-PF for the year ended September 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
MARK A SCHEFFLER
200 MARKET AVENUE N, CANTON, OH 44702
EXECUTIVE DIRECTOR40$245,506$34,383
ROBERT R TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
PRESIDENT/TRUSTEE25$115,889$26,978
ROSE A COLTON
200 MARKET AVENUE N, CANTON, OH 44702
OPERATIONS & GRANT C
Highest-paid employee
40$56,895$10,212
WARD J TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
WARD J TIMKEN JR
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
WR TIMKEN JR
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
JOY A TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
HH KURT TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
990-PF for the year ended September 30, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
MARK A SCHEFFLER
200 MARKET AVENUE N, CANTON, OH 44702
EXECUTIVE DIRECTOR40$234,189$32,570
ROBERT R TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
PRESIDENT/TRUSTEE25$115,896$21,799
ROSE A COLTON
200 MARKET AVENUE N, CANTON, OH 44702
OPERATIONS & GRANT C
Highest-paid employee
40$57,508$9,768
WARD J TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
WARD J TIMKEN JR
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
WR TIMKEN JR
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
JOY A TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0
HH KURT TIMKEN
200 MARKET AVENUE N, CANTON, OH 44702
TRUSTEE1$0$0

Address and contacts

Address (IRS master file)
200 MARKET AVE N STE 210, CANTON, OH 44702-1437
In care of
% JEFFREY HALM
Signed the 990-PF
MARK A SCHEFFLER, SECRETARY
Phone
(330) 452-1144
Return prepared by
CLIFTONLARSONALLEN LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990-PF on file
2023September 30, 2024February 18, 2025990-PF on file

IRS record

EIN
34-6520254
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1938
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$145,159,205
Income (IRS master file)
$112,620,058

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$15,444,573$20,994,654$145,159,205XML
990-PFSeptember 2024$9,495,316$19,915,341$147,282,142XML
990-PFSeptember 2023$82,798,453$17,640,599$153,798,169XML
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-6520254).

Questions about TIMKEN FOUNDATION OF CANTON

What is the EIN of TIMKEN FOUNDATION OF CANTON?
The employer identification number (EIN) of TIMKEN FOUNDATION OF CANTON is 34-6520254.
Is TIMKEN FOUNDATION OF CANTON tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
Are donations to TIMKEN FOUNDATION OF CANTON tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TIMKEN FOUNDATION OF CANTON file?
Form 990-PF. Private foundations file every year.
When is the next return of TIMKEN FOUNDATION OF CANTON due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TIMKEN FOUNDATION OF CANTON last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of TIMKEN FOUNDATION OF CANTON?
The 990-PF for the year ended September 30, 2025 lists 8 people; 3 received compensation from the organization, the highest $254,600 (MARK A SCHEFFLER, EXECUTIVE DIRECTOR).
How much revenue does TIMKEN FOUNDATION OF CANTON have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $15,444,573, expenses of $20,994,654 and total assets of $145,159,205 at year end.

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