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The Cleveland Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 340714588 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

Overview

What is The Cleveland Foundation?

The Cleveland Foundation is a grant-making organization based in Cleveland, Ohio. With approximately 107 employees, they dedicate their efforts to enhancing the lives of Greater Cleveland residents both now and in future generations. Through collaborative work with donors, they build community endowment and address pressing needs through grantmaking. In 2022, around half of their grants were allocated to strategic initiatives and community responsive requests, focusing on vital areas like human services, education, neighborhoods, housing, health, arts and culture, environment, philanthropic sector, and economic development. The other half of the grants were directed by donors to various trusts and funds, furthering the foundation's charitable purposes and benefiting other charitable organizations. Notable initiatives include The Cleveland Black Futures Fund, Friends of The Bail Project, and The Greater Cleveland Digital Equity Fund.


Official website here: www.clevelandfoundation.org

Is The Cleveland Foundation legitimate?

The Cleveland Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cleveland Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,493,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,429,523

For more financial information, click here


Official website here: www.clevelandfoundation.org

What is the mission statement of The Cleveland Foundation?

The Cleveland Foundation strives to improve the lives of all residents in the community, now and for future generations. It achieves this by collaborating with donors to establish a community endowment, addressing essential needs through grantmaking, and providing leadership on key community issues. In 2022, approximately half of the grants were directed by the board towards strategic initiatives and community responsive requests, focusing on vital areas such as arts and culture, economic development, education, environment, health, neighborhoods, and youth and human services. The other half of the grants were donor-designated to various trusts and funds, supporting charitable purposes that align with the foundation's mission. Notable programs include the Cleveland Black Futures Fund, Friends of the Bail Project, and the Greater Cleveland Digital Equity Fund. The largest areas of grantmaking were human services (23%), education and scholarship (20%), neighborhoods and housing (11%), health (16%), arts and culture (12%), environment (4%), philanthropic sector (12%), and economic development (2%).


Official website here: www.clevelandfoundation.org

Who is the CEO of The Cleveland Foundation?

Lillian Kuri is the Executive Vice President & Coo of The Cleveland Foundation. The CEO's salary of The Cleveland Foundation is $746,199 and their total compensation is $814,960.


Official website here: www.clevelandfoundation.org

What is the revenue of The Cleveland Foundation?

The Cleveland Foundation's revenue in 2022 was $234,720,202.


Official website here: www.clevelandfoundation.org

Who are the executives of The Cleveland Foundation and what are their salaries?

The average compensation at The Cleveland Foundation during 2022 was $92,737. There are 107 employees and 90 volunteers at The Cleveland Foundation.

Here are 37 key members and their salaries (The Cleveland Foundation's CEO's salary is $746,199 and their total compensation is $814,960):

    Ronald Richard (President & Ceo)
  • Compensation: $746,199
  • Related: $0
  • Other: $68,761

    • Lillian Kuri (Executive Vice President & Coo)
  • Compensation: $347,277
  • Related: $0
  • Other: $48,072

    • Rosanne Potter (Senior Vice President/Cfo/Treasurer)
  • Compensation: $339,171
  • Related: $0
  • Other: $42,150

    • India Lee (Senior Vice President)
  • Compensation: $291,381
  • Related: $0
  • Other: $58,684

    • Helen Williams (Program Director)
  • Compensation: $217,386
  • Related: $0
  • Other: $40,772

    • Leon Wilson (Chief Technology&Information Officer)
  • Compensation: $213,865
  • Related: $0
  • Other: $43,670

    • Monica Brown (Vice President)
  • Compensation: $213,206
  • Related: $0
  • Other: $38,363

    • Ginger Mlakar (General Counsel/Sr.Director)
  • Compensation: $195,844
  • Related: $0
  • Other: $45,763

    • Dale Anglin (Vice President-Program)
  • Compensation: $203,508
  • Related: $0
  • Other: $30,804

    • Colette Jones (Chief Marketing Officer)
  • Compensation: $210,210
  • Related: $0
  • Other: $8,696

    • Leslie A Dunford (Vice President)
  • Compensation: $177,456
  • Related: $0
  • Other: $37,856

    • Kathy Parker (Controller)
  • Compensation: $174,774
  • Related: $0
  • Other: $39,380

    • Kathleen Hallissey (Program Director)
  • Compensation: $165,483
  • Related: $0
  • Other: $46,636

    • Terri Eason (Sr. Director-Adv.Equity Initiatives)
  • Compensation: $165,143
  • Related: $0
  • Other: $45,105

    • Kaye Ridolfi (Senior Vice President)
  • Compensation: $113,370
  • Related: $0
  • Other: $20,233

    • Megan Wilson (Chief Of Staff/Corporate Secretary)
  • Compensation: $112,983
  • Related: $0
  • Other: $18,782

    • Leta Obertacz (Senior Vice President)
  • Compensation: $96,819
  • Related: $0
  • Other: $4,500

    • Sally Gries (Chairman And Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie Hill-Johnson (Chairman (Eff. 4/1/22) & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carrie Carpenter (Vice Chair (Eff 4/1/22) & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Adrine (Director (Eff 4/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Bidwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aparna Bole (Director (Eff 4/1/22 Thru 7/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margot Copeland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Ferry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hiroyuki Fujita (Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert A Glick (Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Revdrrobin Hedgeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Heller (Director (Eff 10/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carey Jaros (Director (Eff 4/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stewart Kohl (Director (Eff 4/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randell Mcshepard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Ratner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Spangler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Stovsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Graham Veysey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Walsh (Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.clevelandfoundation.org

    Where can I find the form 990 for The Cleveland Foundation?

    The The Cleveland Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.clevelandfoundation.org

    Learn more at the official website: www.clevelandfoundation.org

    Mission Statement of The Cleveland Foundation

    The Cleveland Foundation, a leading grantmaking organization, is dedicated to enhancing the lives of all residents in Greater Cleveland, now and for generations to come. By collaborating with donors, the Foundation builds community endowment, addresses pressing needs through grantmaking, and provides leadership on critical community issues.

    Approximately half of the grants authorized by the Board in 2022 were directed towards strategic initiatives and community responsive requests, focusing on essential needs in Greater Cleveland and emerging charitable requirements. Program areas include Arts and Culture, Economic Development, Education, Environment, Health, Neighborhoods, and Youth & Human Services. Additionally, the Foundation supports initiatives in Leadership Development, Digital Excellence, Racial Equity & Justice, and Democracy & Access to Information.

    The other half of the grants authorized by the Board in 2022 were designated or advised by donors to The Cleveland Foundation in various trusts, designated funds, donor advised funds, or supporting organizations. These grants further the charitable purposes of the Foundation and benefit other charitable organizations and programs for the advantage of the Foundation and its charitable objectives. Important programs of the Foundation include The Cleveland Black Futures Fund, Friends of The Bail Project, and The Greater Cleveland Digital Equity Fund.

    In summary, The Cleveland Foundation is a dynamic organization committed to improving the lives of Greater Cleveland's residents by working together with donors, addressing community needs, and providing leadership on key issues. Their grantmaking efforts span various sectors such as Arts and Culture, Economic Development, Education, Environment, Health, Neighborhoods, and Youth & Human Services, as well as Leadership Development, Digital Excellence, Racial Equity & Justice, and Democracy & Access to Information.

    Impact

    This information is meant to be a general summary of The Cleveland Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Cleveland Foundation's impact can be seen in its efforts to enhance the lives of all residents of Greater Cleveland. Through strategic grantmaking in various program areas such as arts and culture, economic development, education, health, and more, the foundation addresses vital community needs and responds to emerging charitable needs. Additionally, the foundation provides leadership on key community issues such as racial equity and justice, digital excellence, and democracy and access to information. By working together with donors to build community endowment and provide grants that benefit the community, The Cleveland Foundation plays a significant role in improving the quality of life for current and future generations in Greater Cleveland.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $75,346,645
  • Program Service Revenue: $403,370
  • Gross Receipts: $921,753,041

    • Assets and Liabilities:
  • Total Assets: $2,479,675,814
  • Total Liabilities: $320,476,773
  • Net Assets: $2,159,199,041
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM-RELATED INVESTMENTS

    Revenue

    $403,370

    Organization Details

    Founding Year

    1914

    Principal Officer

    Lillian Kuri

    Main Address

    6601 EUCLID AVENUE, CLEVELAND, OH, 44103

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of The Cleveland Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.