Cleveland Foundation
90% goes to programs $4 to raise $100 Strong reserves Growing revenue
Cleveland Foundation is a 501(c)(3) organization based in Cleveland, Ohio, registered in 1945, with $302,815,178 in FY2024 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
6601 Euclid Ave, Cleveland, OH, 44103 EIN 34-0714588 Since 1945
Revenue (FY2024)
$302.8M
▼ 18.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$222.3M
Net assets
$2.9B
Employees
109
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating90% to programs · $4 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Cleveland Foundation: 90% to programs · $4 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating155 mo reserves · +27% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cleveland Foundation: 155 mo reserves · +27% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Cleveland Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cleveland Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
The cleveland foundation exists to make the lives of clevelanders better, now and for generations to come.
Contact & location
- Address
- 6601 Euclid Ave, Cleveland, OH, 44103
- City
- Cleveland
- State
- Ohio
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $90.7M (FY2013) to $302.8M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $415.7MNet assets $2.9B
Operating margin
26.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3B
Total liabilities
$415.7M
Net assets
$2.9B
Salaries & benefits
$14.4M
6% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $302,815,178▼18.2% | $222,320,279▲19.6% | $2,869,828,718▲11.3% | $3,285,560,340▲11.7% | 990 |
| 2023 | $370,353,894▲57.8% | $185,847,869▲15.7% | $2,578,819,894▲19.4% | $2,940,696,456▲18.6% | 990 |
| 2022 | $234,720,202▲30.9% | $160,647,426▲10.8% | $2,159,199,041▼12.9% | $2,479,675,814▼11.7% | 990 |
| 2021 | $179,374,020▲53.7% | $144,962,005▼1.7% | $2,478,853,907▲12.6% | $2,806,690,965▲14.0% | 990 |
| 2020 | $116,704,950▼2.8% | $147,398,382▼16.3% | $2,202,063,379▲7.4% | $2,462,394,752▲8.7% | 990 |
| 2019 | $120,009,767▼15.7% | $176,182,289▲46.2% | $2,049,649,541▲9.3% | $2,266,165,971▲12.8% | 990 |
| 2018 | $142,432,596▲62.8% | $120,523,232▲15.5% | $1,874,943,484▲6.7% | $2,008,984,578▲9.7% | 990 |
| 2016 | $87,489,777▼29.0% | $104,350,367▼8.9% | $1,756,440,907▲3.6% | $1,831,355,436▲1.7% | 990 |
| 2015 | $123,231,914▲41.5% | $114,600,877▼0.7% | $1,695,979,382▼3.0% | $1,800,067,216▼2.8% | 990 |
| 2014 | $87,102,997▼4.0% | $115,359,074▲16.7% | $1,748,123,009▲1.7% | $1,852,111,449▲2.1% | 990 |
| 2013 | $90,734,443 | $98,827,499▲4.5% | $1,718,898,297▲12.4% | $1,813,423,102▲13.4% | 990 |
| 2012 | — | $94,576,253▲5.3% | $1,529,250,512▲8.0% | $1,599,236,848▲6.9% | 990 |
| 2011 | — | $89,845,636▼19.3% | $1,416,403,840▼3.3% | $1,496,182,265▼3.2% | 990 |
| 2010 | — | $111,322,839 | $1,465,061,100 | $1,545,496,123 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Lillian Kuri — $595,261 (0.27% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lillian Kuri | President & Ceo | 60 | $595,261 |
| Rosanne Potter | Chief Growth Officer/cfo | 50 | $406,589 |
| Leta Obertacz | Senior Vice President | 50 | $279,803 |
| Ginger Mlakar | Senior Vice Present/general Counsel | 50 | $247,853 |
| Colette Jones | Chief Marketing Officer | 50 | $234,197 |
| Helen Williams | Vice President | 50 | $227,783 |
| Leon Wilson | Chief Technology&information Officer | 50 | $222,863 |
| Kathleen Hallissey | Vice President | 50 | $194,354 |
| Kathy Parker | Vice President (eff.10/1/24) | 50 | $187,870 |
| Leslie A Dunford | Vice President | 50 | $180,832 |
| Anthony Gattuso | Vice President/treasurer(eff.10/1/24) | 50 | $179,587 |
| Terri Eason | Sr.director-philanthropy Equity Initiatives | 50 | $170,255 |
| Keisha Gonzalez | Senior Program Director | 50 | $169,502 |
| Kevin Scanlon | Director, It Systems and Information | 50 | $163,407 |
| Victor Barbalato | Vice President (eff.4/1/24) | 50 | $156,428 |
| Danielle Hanna | Vice President (4/1-10/4/24) | 50 | $128,064 |
| Monica Brown | Vice President (former Officer) | 50 | $116,978 |
| Courtney Lehmann | Corporate Secretary | 50 | $77,574 |
| Carey Jaros | Director | 2 | — |
| Carrie Carpenter | Director (vice Chair Until 3/31/24) | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Monticello Associates | Investment Advisor | $600,000 |
| Sangfroid Strategy LLC | Program Related Consulting | $503,002 |
| Thompson Hine LLP | Legal | $440,804 |
| Stellar Technology Solutions | Hosting & Customizations - Software Lice | $416,391 |
| Root Integrated Systems LLC | Technology Consulting | $408,022 |
Grants received · $49.0M total
91 grants to Cleveland Foundation totaling $49.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Philanthropy | 2024 | $1,877,873 |
| Ayco Charitable Foundation | Community & human services | 2024 | $15,000 |
| American Online Giving Foundation Inc | General support | 2024 | $12,949 |
| Charities Aid Foundation America | Charitable donation | 2024 | $5,698 |
| American Endowment Foundation | Philanthropy | 2023 | $1,896,260 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $204,700 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $198,989 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $132,026 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $52,700 |
| American Online Giving Foundation Inc | General support | 2023 | $18,709 |
| Columbus Foundation | Advancing philanthropy | 2023 | $6,191 |
| National Philanthropic Tr | Public, societal benefit | 2022 | $20,002,500 |
| Columbus Foundation | Advancing philanthropy | 2022 | $511,957 |
| Independent Charitable Gift Fund | General support | 2022 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $87,712 |
Grants made · $184.2M in FY2024
1,016 grants totaling $184.2M in FY2024 — showing the 15 largest. All grants made by Cleveland Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Cleveland Metropolitan School District | General support for the tremont montessori school | $17,457,798 |
| Case Western Reserve University | Oglebay fellowship program in the school of medicine | $10,931,225 |
| Cleveland Foundation Midtown Collaboration Center Project | Construct & hold property for cleveland foundation (supported organization) | $8,500,000 |
| University Hospitals Health System Inc | Cardiac surgery fund | $6,260,501 |
| Say Yes Cleveland Scholarship Inc | Financial model; summer tuition implementation and for fall 2023, spring 2024 and summer 2024 scholarships | $4,645,041 |
| Jumpstart Inc | General support | $4,604,000 |
| College Now Greater Cleveland Inc | Scholarship fund | $4,118,681 |
| Angels For Animals Inc | General support | $3,748,822 |
| The Cleveland Clinic Foundation | Taussig cancer research | $2,689,013 |
| Lake Erie College | Provide scholarships for students in the painesville community to attend lake erie college | $2,593,232 |
| University Impact | General support | $2,567,966 |
| Famicos Foundation Inc | Mycom community development, youth engagement, systems and partner integration project | $2,561,516 |
| Center For Families and Children | General support of the capital campaign for the centers | $2,533,867 |
| United Way of Greater Cleveland Fund | General support | $2,279,626 |
| Greater Cleveland Food Bank Inc | General support | $2,247,762 |
Similar organizations in Philanthropy
Philanthropy
Independent Charitable Gift Fund
Hudson, OH
$198.3M
Aannual revenue
Philanthropy
Columbus Foundation
Columbus, OH
$411.6M
Aannual revenue
- Philanthropy
Greater Cincinnati Foundation
Cincinnati, OH
$183.7M
Aannual revenue
- Philanthropy
Jack Joseph and Morton Mandel Supporting Foundation
Cleveland, OH
$161.6M
B+annual revenue
- Philanthropy
University of Cincinnati Foundation
Cincinnati, OH
$147.5M
B+annual revenue
Philanthropy
Jewish Federation of Cleveland
Cleveland, OH
$138.7M
Aannual revenue
Philanthropy
Johnson Charitable Gift Fund
Cincinnati, OH
$94.5M
Aannual revenue
Philanthropy
Dayton Foundation
Dayton, OH
$65.6M
Aannual revenue
- Philanthropy
Siemer Family Foundation
Columbus, OH
$59.7M
C+annual revenue
Philanthropy
Young Mens Christian Association of Greater Cincinnati
Cincinnati, OH
$45.8M
Bannual revenue
Compare Cleveland Foundation
Frequently asked questions
- Is Cleveland Foundation a legitimate nonprofit?
- Yes. Cleveland Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-0714588, based in Cleveland, Ohio. Donations are tax-deductible.
- What is Cleveland Foundation's EIN?
- Cleveland Foundation's Employer Identification Number (EIN) is 34-0714588.
- How much revenue does Cleveland Foundation report?
- Cleveland Foundation reported $302,815,178 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Cleveland Foundation's spending goes to programs?
- Cleveland Foundation spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cleveland Foundation have?
- CharityIndex grades Cleveland Foundation A, based on program efficiency and fundraising cost.
- How much does Cleveland Foundation's highest-paid employee make?
- The highest reported compensation on Cleveland Foundation's latest Form 990 is $595,261, paid to Lillian Kuri (President & Ceo).
More nonprofits in Cleveland
Explore more
Data for Cleveland Foundation (EIN 34-0714588) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.