Private company

Malone University

Christian university in Canton, Ohio, US

Malone University is a private Christian university in Canton, Ohio, United States. It was founded in 1892 by Walter and Emma Malone as a small, co-educational Bible institute called Cleveland Bible College. The institution has always maintained a close relationship with an evangelical branch of Quakerism, the Evangelical Friends Church – Eastern Region.2 It employed 309 people in 2020.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1892Founded1
  • Industryhigher education1
  • HeadquartersCanton, United States1
  • Websitewww.malone.edu
  • Legal formCorporation (For-Profit)3
  • LEI549300FNHPM3EQNQEX563
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressC/O KATIE ROBBINS, 44709 Canton, United States3
  • Registered withCorporation Database (Ohio Secretary of State), 277253
Blossom Mitchell
Photo: Shtaylor1, CC BY-SA 3.0, via Wikimedia Commons5

Malone University is a private Christian university in Canton, Ohio, United States. It was founded in 1892 by Walter and Emma Malone as a small, co-educational Bible institute called Cleveland Bible College. The institution has always maintained a close relationship with an evangelical branch of Quakerism, the Evangelical Friends Church – Eastern Region.2

The story

Malone University was founded in 1892, in Cleveland, Ohio, as Cleveland Bible College by Quaker religious leaders J. Walter and Emma Malone. It was established to train young people for inner-city ministry and social service in the Quaker tradition. After beginning with small gains, the school eventually became synonymous with service to the Cleveland community at beginning of the 20th century, growing substantially with every new year. It was originally located at 3201 Euclid Avenue in downtown Cleveland but was eventually forced to relocate in 1956 after the state took the property for constructing Interstate 90.

Faced with the decision to stay in Cleveland or move, the board of trustees finally decided on Canton, Ohio as a good location where the school could become a leader in higher education. A thriving industrial metropolitan city at the time, Canton was the only city in the country with a population over 100,000 to not have an institution of higher education. It was this fact, among others, that played a key role in the decision to move the school to Canton on a 150-acre (0.61 km2) property between 30th and 25th streets from north to south, and Cleveland Avenue and Harvard from west to east. At the time of relocation the board also chose to change the name of the school to Malone College, in honor of the school's founders, J. Walter and Emma Brown Malone.

It was also at the time of the move that the school began expanding its academic programs. After only a short time, Malone had gone from a small Bible college in downtown Cleveland to a growing undergraduate college in the liberal arts tradition in Canton, Ohio offering degrees in education, political science, history, music and psychology. This was all a part of the overall mission of the board to use the forced move as an opportunity to grow the institution and become a regional leader in broader fields of professional and academic studies.

In February 2008, the Malone College board of trustees voted unanimously to rebrand as Malone University. The move to a university reflected a transition that had capped off in 1999, when Malone adopted a university structure on which to operate. According to the institutional press release, the transition to Malone University reflected the institution's "mission and emphasized the potential for enhanced educational opportunities within the liberal arts context for the growing number of undergraduate students already studying in 90 different academic programs". The rebranding process took place under the leadership of then-president Gary Streit.

Since becoming a university in 2008, Malone has experienced growth not only in academic offerings, but also in student enrollment and campus property. In 2009, the university completed construction on its newest residential hall, Blossom Hall. The building was named in honor of long-time philanthropist and former president of the Cleveland Orchestra, Dudley S. Blossom. The university currently sits on 96 acres (390,000 m2).

From Wikipedia’s article on Malone University, shared under CC BY-SA 4.0.4

Employees over time

  • 20203091

Timeline

  1. 1892Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$3.1M 2020–2020
Money received by yearMoney received by year, 2020–2020: $3.1M in all. PPP loans $3.1M.$0$1M$2M$3M$4M2020 · PPP loans: $3.1M2020
Figures by year
YearPPP loansTotal
2020$3.1M$3.1M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA6. Matched to this company by name and state.

  1. Apr 9, 2020$3.1M PPP loan (first draw) from Premier Bank6To MALONE UNIVERSITY, Canton OH; $3.1M forgiven Jun 9, 2021