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The
Ashtabula Foundation was established in 1922 by Mr. R.H. Pfaff,
a prominent Ashtabula Entrepreneur and philanthropist. With
the help of contributions and bequests, Mr. Pfaff's original
$5000 investment has become almost Twenty-Million Dollars strong.
We are required to distribute 5% of our asset value annually
to not-for-profit, 501(c) (3) organizations. All grant requests
are investigated and reviewed by a volunteer board of trustees
comprised of long time Ashtabula County residents. The
primary prerequisite for granting any request is that the residents
of Ashtabula County are the ultimate beneficiaries. |