#415 of 500 · Foundation / Grantmaker / DAF

Cleveland Foundation

EIN 34-0714588 · OH · NTEE T310 · Form 990, fiscal 2023

The world's first community foundation, established in 1914 by Frederick Goff. It manages a permanent charitable endowment built from donor gifts and makes grants to improve quality of life for residents of Cuyahoga, Lake and Geauga counties, providing leadership and funding across areas such as education, economic development, health, arts and culture, and social services.

Financials, fiscal 2023

Revenue

$370.4M

Expenses

$185.8M

Total assets

$2.94B

Net assets

$2.58B

Operating margin

49.8%

1-year growth

57.8%

5-year growth (CAGR)

32.5%

Reserve (years of spending)

166.5

Contributions share

81.1%

Programme spending

0.1%

Fundraising cost

0.0%

Executive pay share

1.81%

Employees

107

Revenue per employee

$3.5M

Grants paid

$157.2M

Years filing

78

NFP Health Score: 72 / 100

Financial 63 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To enhance the quality of life for all residents of Greater Cleveland, now and for generations to come, by building community endowment, addressing needs through grantmaking, and providing leadership on key community issues.

Revenue history