CLEVELAND FOUNDATION

CLEVELAND, OH, 44103-3905 (216) 861-3810 Est. 1914 EIN 34-0714588
T310 - Philanthropy & Grantmaking 990 - Public charity return 501(c)(3)
www.clevelandfoundation.org

Mission

ENHANCE THE LIVES OF ALL RESIDENTS OF GREATER CLEVELAND, NOW AND FOR GENERATIONS TO COME, BY WORKING TOGETHER WITH OUR DONORS TO BUILD COMMUNITY ENDOWMENT, ADDRESS NEEDS THROUGH GRANTMAKING, AND PROVIDE LEADERSHIP ON KEY COMMUNITY ISSUES.

Giving Portfolio

Total Grants
4,653
Total Giving
$675.5M
Recipients
4,546
Years Active
2018 - 2024
Avg grant: $143,760 Median: $30,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241016$184.2M $181K210800
2023964$150.2M $156K209738
2022965$125.9M $130K327616
2020907$119.4M $132K329548
2018801$95.7M $120K7690

Sectors Funded

Education
656
Arts, Culture & Humanities
468
Human Services
463
Community Improvement
222
Health Care
221
Philanthropy & Grantmaking
188
Environment
170
Youth Development
131
and 17 more sectors

Top States

Ohio
3476
New York
199
District of Columbia
106
Florida
99
California
98
Massachusetts
87
Illinois
84
Colorado
44
and 37 more states

Grantee Size Profile

$1M - $5M
933
$10M - $50M
661
Over $50M
661
$100K - $500K
546
$500K - $1M
377
$5M - $10M
359
Under $100K
227

Top Grantees

Page 1 of 3
$30.1M
CLEVELAND METROPOLITAN SCHOOL DISTRICT
OH - 5 grants
$28.4M
OH - 5 grants
$19.0M
OH - 5 grants
$13.4M
$11.7M
$10.5M

Grants Awarded · 4226 grants

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Financials

Total Revenue
$302,815,178
Total Expenses
$222,320,279
Net Assets
$2,869,828,718
109 employees 80 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 18.2%
Expenses ↑ 19.6%
Revenue Sources
Contributions 57.7% Earned revenue 0.1% Investment 41.9%
Expense Breakdown
Program 90.2% Management 6.7% Fundraising 3.1%

Officers & Trustees (33)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$302,815,178 ↓$222,320,279$2,869,828,718
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$370,353,894 ↑$185,847,869$2,578,819,894
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$234,720,202 ↑$160,647,426$2,159,199,041
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$116,704,950 ↓$147,398,382$2,202,063,379
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$142,432,596 $120,523,232$1,874,943,484

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EIN: 34-0714588 · Source: IRS Form 990 e-file data