Philanthropy & Grantmaking
(T310)
IRS Verified
DX Registered
990 on File
CLEVELAND FOUNDATION
CharityAI™ Score
Not yet evaluated
Mission Statement
The Cleveland Foundation’s mission is to 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.
Financial Overview — FY 2023
$370.4M
Total Revenue
$185.8M
Total Expenses
$2578.8M
Net Assets
107
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.7%
Fundraising Efficiency
N/A
Operating Reserve
166.51x
Liability-to-Asset
12.3%
Revenue Diversification
81.1%
Executive Compensation
$3.4M
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $370.4M | $185.8M | $2578.8M | 89.7% | 107 |
| 2022 | $234.7M | $160.6M | $2159.2M | 88.3% | 107 |
| 2021 | $179.4M | $145.0M | N/A | — | 100 |
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