OVERVIEW: The Timken Foundation of Canton supports education, economic development, community, human services and basic needs in Ohio and other places where the Timken company has interests.
IP TAKE: Although this company has a global presence and international philanthropy interests, many grants stay close to Canton, Ohio, where it is based.
PROFILE: Established in 1934, the Timken Foundation of Canton is a corporate foundation based in Canton, Ohio. This is the corporate citizenship extension of the Timken company, which designs and manufactures engineered bearings and power transmission products. A German immigrant named Henry Timken founded Timken Roller Bearing Company, now simply known as Timken, and his son and two daughters started this foundation. The foundation aims to "support global communities where we operate through volunteerism, community leadership and financial support.” It funds local efforts for education, economic development, community, human services and basic needs
The Timken Foundation of Canton’s education grants promote lifelong learning through scholarships and collaborations with engineering schools and Junior Achievement efforts. Timken has a global scholars program that supports dependent children of global associates to pursue higher education. Since 1958, The Timken Company Charitable and Educational Fund, Inc. has invested tens of millions of dollars in scholarships to benefit hundreds of associates’ children. Economic development and community grants support quality of life enhancements where employees live and work, and human services and basic needs grants fund Habitat for Humanity, the United Way and regional food banks.
Grants range between about $500 and $10,000. Grantmaking often focuses on the company’s home state of Ohio, as well as other places where Timken has operations. Past local grantees include Children’s Hospital and Medical Center of Akron, Crawford County Chapter of the American Red Cross in Bucyrus, and the Greater Canton Chamber of Commerce. Learn more about this funder’s local giving by examining its recent tax records.
This foundation accepts unsolicited grant applications for its Timken Company Charitable and Educational Fund grant program, and that application process is conducted by online form. There are not usually any submission deadlines. Direct general questions to the staff at grants@timken.com or 330-452-1144.
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