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The Cleveland Foundation

Full company profile

uuid0002on1

Namestring
The Cleveland Foundation
Legal namestring
The Cleveland Foundation
Company typeenum
Private
Founded yearint
1914
Descriptiontext

The Cleveland Foundation is a 501(c)(3) public charity established in 1914 in Cleveland, Ohio, recognized as the world's first community foundation and among the largest today. It operates a community philanthropy model that channels donor contributions and endowment investment returns into grantmaking, organizational endowment management, and professional advisory services across Cuyahoga, Lake, and Geauga counties in Northeast Ohio. In 2025, the foundation granted over $195 million to more than 120 nonprofit organizations per quarter, supporting initiatives spanning food insecurity, maternal and child health, education, housing, workforce development, and the arts.

The foundation's core offerings include donor advised funds, affinity funds (Black Philanthropy Fund, LGBTQ+ Opportunity Fund with $3 million endowment, Latino Impacto Fund with $3 million endowment, Lake Geauga Fund), organizational endowment services for nonprofits, scholarship administration through College Now Greater Cleveland, and the Impact Cleveland Investment Pool — a $37 million vehicle allowing donors to invest in 20+ Cleveland-based companies while directing returns to local nonprofits. Leadership development programs include the 12-month paid Public Service Fellowship ($48,000 salary, 117 fellows since 2016), an 11-week paid Summer Internship Program ($18/hour, 388 interns since 1999), and Encore Cleveland for retirees.

Revenue derives from donor contributions, endowment investment returns, and philanthropic co-investment partnerships such as the Rockefeller Foundation's Big Bets for America convening (June 2026), which produced over $350 million in commitments at the Cleveland event including a $13 million Cleveland Foundation commitment to the Site Readiness for Good Jobs Endowment Fund. The foundation distributes resources through a grants gateway, donor portal, owned physical infrastructure (the Warren E. Anderson MidTown Collaboration Center housing nonprofits, businesses, and a NEOMED healthcare innovation hub), and direct engagement with professional advisors. The Anisfield-Wolf Book Awards, administered since 1935, provide national brand visibility through the nation's only endowed juried literary prize addressing race and cultural diversity.

Short descriptiontext

The Cleveland Foundation, founded in 1914, is the world's first community foundation and a 501(c)(3) public charity managing over $195 million in annual grantmaking to nonprofits across Cuyahoga, Lake, and Geauga counties in Northeast Ohio, serving individual donors, professional advisors, and community organizations.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersCleveland, United States
HQ citystring
Cleveland
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
community foundation, grantmaking services, donor advised funds, endowment management, nonprofit philanthropy
Industry3 codes
1Community Foundations
CodeBPAGAKABPrimaryYes
2Capacity Building & Nonprofit Infrastructure Funders
CodeBPAGAKAOPrimaryNo
3Family Offices & Philanthropic Advisors (Grantmaking)
CodeBPAGAKADPrimaryNo
NAICS code2 codes
  • Grantmaking Foundations813211
  • Grantmaking and Giving Services81321
SIC code1 code
  • Services-Membership Organizations8600
Product category
Community Foundation and Philanthropic Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Donor Contributions and Endowments
TypeSubscription Recurring
Description

The foundation receives charitable contributions and manages endowed funds for donors who wish to support community causes. Donors establish funds that provide ongoing support for charitable purposes.

clevelandfoundation.org
2Investment Returns
TypeManaged Services
Description

The foundation invests its endowment portfolio and uses investment returns to fund grantmaking and operations. They offer vehicles like the Impact Cleveland Investment Pool allowing donors to invest in Cleveland companies.

clevelandfoundation.org
3Philanthropic Partnerships
TypeManaged Services
Description

The foundation co-invests with other philanthropies and public sector partners on major initiatives, such as the $13 million Site Readiness for Good Jobs Endowment Fund commitment.

aijourn.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Others, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 8 records shown
1Anisfield-Wolf Book Awards
Description

The nation's only endowed juried prize dedicated to literature that contributes to our understanding of race and appreciation of cultural diversity, established in 1935 by Edith Anisfield Wolf and administered by the Cleveland Foundation.

clevelandfoundation.org
+7 more records
Core offering1 text field

The Cleveland Foundation is a community foundation that administers charitable funds for individual donors and deploys competitive grants and community leadership programs to nonprofits serving Northeast Ohio. Its core activities include donor-advised fund management, scholarship administration, place-based equity funds (Black Philanthropy, LGBTQ+ Opportunity, Latino Impacto, Lake Geauga), workforce and economic development initiatives, and fellowships that develop civic leadership in the Cleveland region.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • Over $195 million in grants awarded in 2025
+5 more records
Product overview1 text field

The Cleveland Foundation is the world's first community foundation, offering a portfolio of philanthropy and giving programs centered around grantmaking, leadership development, and affinity funds. Its core programs include the Public Service Fellowship (12-month paid placement), Summer Internship Program (11-week paid internships), and Encore Cleveland (retiree volunteer program), alongside 60+ scholarship opportunities. The foundation administers specialized affinity funds including the Black Philanthropy Fund, LGBTQ+ Opportunity Fund ($3M endowment), and Latino Impacto Fund ($3M endowment). Its economic development initiatives include the Site Readiness for Good Jobs Fund ($13M commitment) and the Impact Cleveland Investment Pool ($37M+). The foundation also owns and operates the MidTown Collaboration Center, a mixed-use community hub. The Anisfield-Wolf Book Awards, the nation's only endowed juried literary prize on race and diversity, is administered by the foundation. Organizational Funds provide nonprofit partners with endowment and administrative support services.

Product and service15 records
1Donor-Advised Funds
CategoryDonor Services
Description

Personalized charitable giving vehicles that allow individual donors and families to contribute assets, receive an immediate tax benefit, and recommend grants to nonprofits over time. For individual donors, families, and their professional advisors across the United States, with a regional focus on Northeast Ohio.

2Competitive Grants Program
CategoryGrantmaking
Description

Structured, application-based grantmaking program that awards funding to 501(c)(3) nonprofits serving Northeast Ohio across multiple priority areas including education, health, economic development, arts, and neighborhoods.

3Scholarships
CategoryScholarship Administration
Description

Scholarship funds administered by the foundation for students pursuing higher education, established by donor contributions and awarded based on defined criteria.

4Public Service Fellowship
CategoryLeadership Development
Description

Fellowship program placing emerging leaders in public service roles within Cleveland-area institutions to develop civic leadership capacity.

5Summer Internship Program
CategoryLeadership Development
Description

Paid summer internship program providing college students with experiential learning opportunities at Cleveland-area nonprofits and civic organizations.

6Encore Cleveland
CategoryVolunteer Engagement
Description

Program engaging adults in the encore stage of their careers to apply professional expertise as volunteers with Cleveland-area nonprofits.

7Anisfield-Wolf Book Awards
CategoryLiterary Awards
Description

Annual literary prize administered by The Cleveland Foundation recognizing books that address racism and diversity; among the oldest U.S. literary awards.

8Black Philanthropy Fund
CategoryPlace-Based Equity Funds
Description

Place-based fund pooling contributions from donors to support Black-led and Black-serving nonprofits in Greater Cleveland.

9LGBTQ+ Opportunity Fund
CategoryPlace-Based Equity Funds
Description

Place-based fund supporting LGBTQ+ organizations and initiatives across Northeast Ohio through pooled donor contributions.

10Latino Impacto Fund
CategoryPlace-Based Equity Funds
Description

Place-based fund channeling donor contributions to support Latino-led and Latino-serving nonprofits in Greater Cleveland.

11Lake Geauga Fund
CategoryPlace-Based Equity Funds
Description

Regional fund focused on supporting nonprofits and community initiatives in Lake and Geauga counties in Northeast Ohio.

12Site Readiness for Good Jobs Fund
CategoryEconomic Development
Description

Economic development fund supporting site preparation and infrastructure investments to enable quality job creation in Greater Cleveland.

13MidTown Collaboration Center
CategoryCapacity Building
Description

Physical co-working and collaboration hub operated by the foundation in MidTown Cleveland, providing grantees and community partners with workspace and capacity-building resources.

14Impact Cleveland Investment Pool
CategoryImpact Investing
Description

Pooled impact investing vehicle enabling nonprofits and donors to deploy capital for measurable social and environmental returns alongside financial returns.

15Organizational Funds
CategoryNonprofit Endowment Services
Description

Endowment-building service for nonprofit organizations that allows nonprofits to establish long-term invested funds under the foundation's stewardship to support their institutional sustainability.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-06-09
Description

Partnership for Big Bets for America convenings. Rockefeller Foundation has committed over $450 million across three convenings, with over $350 million at the Cleveland event including a $13 million commitment to the Site Readiness for Good Jobs Endowment Fund from The Cleveland Foundation.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-09
Description

JobsOhio Experiential Learning Initiative - a $300 million workforce development program announced at the Cleveland Big Bets for America convening.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-21
Description

NEOMED is opening a healthcare innovation hub at the MidTown Collaboration Center with $1.58 million allocated for renovation. Partnership includes AI in healthcare work with University Hospitals.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership with NEOMED for AI in healthcare and maternal and child health programs at the MidTown Collaboration Center.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership for Greater Cleveland LGBTQ+ Community Needs Assessment including insights from over 2,000 community members.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership to provide free RTA transportation on Election Day to ensure equitable voter access. Ridership increased 19% on November 5.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership with Cleveland VOTES and foundation funding to cover bus, rail, and paratransit fares on Election Day.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership for administration of 60+ Cleveland Foundation scholarships for higher education and vocational training.

9Divine Nine (HBCU Fraternities and Sororities)
Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Historic partnerships with all nine local chapters of the Divine Nine for Black philanthropy initiatives. First U.S. community foundation to establish such partnerships.

clevelandfoundation.org
Strategic tierMinorTypeGTM or Marketing Partner
Description

Partnership for 2026 community games at Progressive Field celebrating Greater Cleveland communities.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Major community foundation serving the NYC metro area with permanent endowment funds, competitive grantmaking cycles, and a wide range of affinity funds. Highly comparable operating model and donor service offerings.

TypeRegional player
Description

Largest community foundation in Ohio, headquartered in Columbus. Operates the same state regulatory environment and competes for Ohio-based donors, with overlapping affinity fund structures.

TypeDirect peer
Description

One of the oldest and largest community foundations in the U.S., serving the Chicago region with a comparable mix of donor-advised funds, affinity funds, and place-based grantmaking. Closest functional analog in scale and program breadth.

TypeDirect peer
Description

Major community foundation serving Greater Boston with permanent funds, donor services, and a focus on racial equity and economic mobility. Strong program overlap including leadership development pipelines.

TypeDirect peer
Description

Cleveland-based private foundation with a parallel mission to The Cleveland Foundation and overlapping geographic focus. Co-funds community needs assessments and shares donor ecosystem in Northeast Ohio.

TypeDirect peer
Description

Rust Belt community foundation serving the Pittsburgh region with donor-advised funds, competitive grantmaking, and community leadership programs. Closely comparable geography, history, and operating model.

TypeDirect peer
Description

Cleveland-based private health foundation with overlapping geographic focus and shared partnership history (LGBTQ+ community needs assessment). Smaller and more specialized but operates in the same donor and grantee ecosystem.

TypeBroad incumbent
Description

Large health-focused private foundation with place-based grantmaking and mission-related investments. Comparable on MRI strategy and health equity programming, though state rather than city-focused.

TypeDirect peer
Description

Mid-size community foundation with a strong regional grantmaking focus and donor-advised fund platform. Comparable to Cleveland in structure and target donor segments.

TypeBroad incumbent
Description

Largest community foundation in the U.S. by assets, with national and international DAF reach. Competes directly with Cleveland Foundation for high-net-worth donors but operates at a vastly larger scale and broader geographic mandate.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds7 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment42 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The Cleveland Foundation

Community Foundation and Philanthropic Servicesclevelandfoundation.org

The Cleveland Foundation, founded in 1914, is the world's first community foundation and a 501(c)(3) public charity managing over $195 million in annual grantmaking to nonprofits across Cuyahoga, Lake, and Geauga counties in Northeast Ohio, serving individual donors, professional advisors, and community organizations.

What The Cleveland Foundation does

The Cleveland Foundation is a 501(c)(3) public charity established in 1914 in Cleveland, Ohio, recognized as the world's first community foundation and among the largest today. It operates a community philanthropy model that channels donor contributions and endowment investment returns into grantmaking, organizational endowment management, and professional advisory services across Cuyahoga, Lake, and Geauga counties in Northeast Ohio. In 2025, the foundation granted over $195 million to more than 120 nonprofit organizations per quarter, supporting initiatives spanning food insecurity, maternal and child health, education, housing, workforce development, and the arts.

The foundation's core offerings include donor advised funds, affinity funds (Black Philanthropy Fund, LGBTQ+ Opportunity Fund with $3 million endowment, Latino Impacto Fund with $3 million endowment, Lake Geauga Fund), organizational endowment services for nonprofits, scholarship administration through College Now Greater Cleveland, and the Impact Cleveland Investment Pool — a $37 million vehicle allowing donors to invest in 20+ Cleveland-based companies while directing returns to local nonprofits. Leadership development programs include the 12-month paid Public Service Fellowship ($48,000 salary, 117 fellows since 2016), an 11-week paid Summer Internship Program ($18/hour, 388 interns since 1999), and Encore Cleveland for retirees.

Revenue derives from donor contributions, endowment investment returns, and philanthropic co-investment partnerships such as the Rockefeller Foundation's Big Bets for America convening (June 2026), which produced over $350 million in commitments at the Cleveland event including a $13 million Cleveland Foundation commitment to the Site Readiness for Good Jobs Endowment Fund. The foundation distributes resources through a grants gateway, donor portal, owned physical infrastructure (the Warren E. Anderson MidTown Collaboration Center housing nonprofits, businesses, and a NEOMED healthcare innovation hub), and direct engagement with professional advisors. The Anisfield-Wolf Book Awards, administered since 1935, provide national brand visibility through the nation's only endowed juried literary prize addressing race and cultural diversity.

The Cleveland Foundation firmographics

Firmographics
Name
The Cleveland Foundation
Legal name
The Cleveland Foundation
Website
https://clevelandfoundation.org
Company type
Private
Founded year
1914
Operating status
Operating
Headcount range
51–100 employees
Short description
The Cleveland Foundation, founded in 1914, is the world's first community foundation and a 501(c)(3) public charity managing over $195 million in annual grantmaking to nonprofits across Cuyahoga, Lake, and Geauga counties in Northeast Ohio, serving individual donors, professional advisors, and community organizations.
Ownership category
akta.pro rank

The Cleveland Foundation industry classification

Industry
Product category
Community Foundation and Philanthropic Services
NAICS
Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)
SIC
Services-Membership Organizations (8600)
akta.pro primary industry
Community Foundations (BPAGAKAB)
akta.pro secondary industries
Capacity Building & Nonprofit Infrastructure Funders (BPAGAKAO), Family Offices & Philanthropic Advisors (Grantmaking) (BPAGAKAD)

Keywords

  • Community foundation
  • Grantmaking services
  • Donor advised funds
  • Endowment management
  • Nonprofit philanthropy

Where The Cleveland Foundation is headquartered

Location

Headquarters

HQ city
Cleveland
HQ country
United States
HQ region
North America

Offices2 records

Markets served

The Cleveland Foundation business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Others, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Donor Contributions and Endowments: The foundation receives charitable contributions and manages endowed funds for donors who wish to support community causes. Donors establish funds that provide ongoing support for charitable purposes.
  2. Investment Returns: The foundation invests its endowment portfolio and uses investment returns to fund grantmaking and operations. They offer vehicles like the Impact Cleveland Investment Pool allowing donors to invest in Cleveland companies.
  3. Philanthropic Partnerships: The foundation co-invests with other philanthropies and public sector partners on major initiatives, such as the $13 million Site Readiness for Good Jobs Endowment Fund commitment.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

The Cleveland Foundation product offering

Product offering

Core offering

The Cleveland Foundation is a community foundation that administers charitable funds for individual donors and deploys competitive grants and community leadership programs to nonprofits serving Northeast Ohio. Its core activities include donor-advised fund management, scholarship administration, place-based equity funds (Black Philanthropy, LGBTQ+ Opportunity, Latino Impacto, Lake Geauga), workforce and economic development initiatives, and fellowships that develop civic leadership in the Cleveland region.

Product overview

The Cleveland Foundation is the world's first community foundation, offering a portfolio of philanthropy and giving programs centered around grantmaking, leadership development, and affinity funds. Its core programs include the Public Service Fellowship (12-month paid placement), Summer Internship Program (11-week paid internships), and Encore Cleveland (retiree volunteer program), alongside 60+ scholarship opportunities. The foundation administers specialized affinity funds including the Black Philanthropy Fund, LGBTQ+ Opportunity Fund ($3M endowment), and Latino Impacto Fund ($3M endowment). Its economic development initiatives include the Site Readiness for Good Jobs Fund ($13M commitment) and the Impact Cleveland Investment Pool ($37M+). The foundation also owns and operates the MidTown Collaboration Center, a mixed-use community hub. The Anisfield-Wolf Book Awards, the nation's only endowed juried literary prize on race and diversity, is administered by the foundation. Organizational Funds provide nonprofit partners with endowment and administrative support services.

Differentiator

Problem solved

Functional benefit

Brands

  • Anisfield-Wolf Book Awards: The nation's only endowed juried prize dedicated to literature that contributes to our understanding of race and appreciation of cultural diversity, established in 1935 by Edith Anisfield Wolf and administered by the Cleveland Foundation.
  • African American Philanthropy Committee (AAPC)
  • Black Philanthropy Fund
  • LGBTQ+ Opportunity Fund
  • Latino Impacto Fund
  • Public Service Fellowship
  • Summer Internship Program
  • Encore Cleveland

Products and services

  • Donor-Advised Funds Personalized charitable giving vehicles that allow individual donors and families to contribute assets, receive an immediate tax benefit, and recommend grants to nonprofits over time. For individual donors, families, and their professional advisors across the United States, with a regional focus on Northeast Ohio.
  • Competitive Grants Program Structured, application-based grantmaking program that awards funding to 501(c)(3) nonprofits serving Northeast Ohio across multiple priority areas including education, health, economic development, arts, and neighborhoods.
  • Scholarships Scholarship funds administered by the foundation for students pursuing higher education, established by donor contributions and awarded based on defined criteria.
  • Public Service Fellowship Fellowship program placing emerging leaders in public service roles within Cleveland-area institutions to develop civic leadership capacity.
  • Summer Internship Program Paid summer internship program providing college students with experiential learning opportunities at Cleveland-area nonprofits and civic organizations.
  • Encore Cleveland Program engaging adults in the encore stage of their careers to apply professional expertise as volunteers with Cleveland-area nonprofits.
  • Anisfield-Wolf Book Awards Annual literary prize administered by The Cleveland Foundation recognizing books that address racism and diversity; among the oldest U.S. literary awards.
  • Black Philanthropy Fund Place-based fund pooling contributions from donors to support Black-led and Black-serving nonprofits in Greater Cleveland.
  • LGBTQ+ Opportunity Fund Place-based fund supporting LGBTQ+ organizations and initiatives across Northeast Ohio through pooled donor contributions.
  • Latino Impacto Fund Place-based fund channeling donor contributions to support Latino-led and Latino-serving nonprofits in Greater Cleveland.
  • Lake Geauga Fund Regional fund focused on supporting nonprofits and community initiatives in Lake and Geauga counties in Northeast Ohio.
  • Site Readiness for Good Jobs Fund Economic development fund supporting site preparation and infrastructure investments to enable quality job creation in Greater Cleveland.
  • MidTown Collaboration Center Physical co-working and collaboration hub operated by the foundation in MidTown Cleveland, providing grantees and community partners with workspace and capacity-building resources.
  • Impact Cleveland Investment Pool Pooled impact investing vehicle enabling nonprofits and donors to deploy capital for measurable social and environmental returns alongside financial returns.
  • Organizational Funds Endowment-building service for nonprofit organizations that allows nonprofits to establish long-term invested funds under the foundation's stewardship to support their institutional sustainability.

Quantifiable outcome

  • Over $195 million in grants awarded in 2025
  • +5 more outcomes

Companies that use The Cleveland Foundation

Customer profile

Named customers3 records

Segments7 records

Ideal customer profiles3 records

The Cleveland Foundation technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

The Cleveland Foundation partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered flagship, core and minor.

  • Rockefeller FoundationflagshipStrategic or Co-development Partner · 9 June 2026Partnership for Big Bets for America convenings. Rockefeller Foundation has committed over $450 million across three convenings, with over $350 million at the Cleveland event including a $13 million commitment to the Site Readiness for Good Jobs Endowment Fund from The Cleveland Foundation.
  • JobsOhiocoreStrategic or Co-development Partner · 9 June 2026JobsOhio Experiential Learning Initiative - a $300 million workforce development program announced at the Cleveland Big Bets for America convening.
  • NEOMED (Northeast Ohio Medical University)coreStrategic or Co-development Partner · 21 February 2026NEOMED is opening a healthcare innovation hub at the MidTown Collaboration Center with $1.58 million allocated for renovation. Partnership includes AI in healthcare work with University Hospitals.
  • University HospitalsminorStrategic or Co-development PartnerPartnership with NEOMED for AI in healthcare and maternal and child health programs at the MidTown Collaboration Center.
  • Kent State UniversityminorStrategic or Co-development PartnerPartnership for Greater Cleveland LGBTQ+ Community Needs Assessment including insights from over 2,000 community members.
  • Cleveland VOTESminorStrategic or Co-development PartnerPartnership to provide free RTA transportation on Election Day to ensure equitable voter access. Ridership increased 19% on November 5.
  • Greater Cleveland RTAminorStrategic or Co-development PartnerPartnership with Cleveland VOTES and foundation funding to cover bus, rail, and paratransit fares on Election Day.
  • College Now Greater ClevelandminorStrategic or Co-development PartnerPartnership for administration of 60+ Cleveland Foundation scholarships for higher education and vocational training.
  • Divine Nine (HBCU Fraternities and Sororities)flagshipStrategic or Co-development PartnerHistoric partnerships with all nine local chapters of the Divine Nine for Black philanthropy initiatives. First U.S. community foundation to establish such partnerships.
  • Cleveland GuardiansminorGTM or Marketing PartnerPartnership for 2026 community games at Progressive Field celebrating Greater Cleveland communities.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

The Cleveland Foundation competitors and assessment

Company assessment

Direct peers

  • The New York Community Trust: Major community foundation serving the NYC metro area with permanent endowment funds, competitive grantmaking cycles, and a wide range of affinity funds. Highly comparable operating model and donor service offerings.
  • The Chicago Community Trust: One of the oldest and largest community foundations in the U.S., serving the Chicago region with a comparable mix of donor-advised funds, affinity funds, and place-based grantmaking. Closest functional analog in scale and program breadth.
  • The Boston Foundation: Major community foundation serving Greater Boston with permanent funds, donor services, and a focus on racial equity and economic mobility. Strong program overlap including leadership development pipelines.
  • The George Gund Foundation: Cleveland-based private foundation with a parallel mission to The Cleveland Foundation and overlapping geographic focus. Co-funds community needs assessments and shares donor ecosystem in Northeast Ohio.
  • The Pittsburgh Foundation: Rust Belt community foundation serving the Pittsburgh region with donor-advised funds, competitive grantmaking, and community leadership programs. Closely comparable geography, history, and operating model.
  • Mt. Sinai Health Care Foundation: Cleveland-based private health foundation with overlapping geographic focus and shared partnership history (LGBTQ+ community needs assessment). Smaller and more specialized but operates in the same donor and grantee ecosystem.
  • Greater Kansas City Community Foundation: Mid-size community foundation with a strong regional grantmaking focus and donor-advised fund platform. Comparable to Cleveland in structure and target donor segments.

Regional players

  • The Columbus Foundation: Largest community foundation in Ohio, headquartered in Columbus. Operates the same state regulatory environment and competes for Ohio-based donors, with overlapping affinity fund structures.

Broad incumbents

  • The California Endowment: Large health-focused private foundation with place-based grantmaking and mission-related investments. Comparable on MRI strategy and health equity programming, though state rather than city-focused.
  • Silicon Valley Community Foundation: Largest community foundation in the U.S. by assets, with national and international DAF reach. Competes directly with Cleveland Foundation for high-net-worth donors but operates at a vastly larger scale and broader geographic mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

The Cleveland Foundation social profiles

Digital presence

The Cleveland Foundation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The Cleveland Foundation leadership team

Management profile

Number of profiles

Profiles12 records

The Cleveland Foundation funding detail

Funding detail

Funding overview

Funding rounds7 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The Cleveland Foundation M&A and investment

M&A and investment

M&A

Investments42 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Cleveland Foundation

What does The Cleveland Foundation do?

The Cleveland Foundation is a community foundation that administers charitable funds for individual donors and deploys competitive grants and community leadership programs to nonprofits serving Northeast Ohio. Its core activities include donor-advised fund management, scholarship administration, place-based equity funds (Black Philanthropy, LGBTQ+ Opportunity, Latino Impacto, Lake Geauga), workforce and economic development initiatives, and fellowships that develop civic leadership in the Cleveland region.

Is The Cleveland Foundation a public or private company?

The Cleveland Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was The Cleveland Foundation founded?

The Cleveland Foundation was founded in 1914. It employs 51 to 100 people.

Where is The Cleveland Foundation based?

The Cleveland Foundation is headquartered in Cleveland, United States, in the North America region.

How does The Cleveland Foundation make money?

Three revenue lines are on record. Donor Contributions and Endowments are the primary driver. The others are investment Returns and philanthropic Partnerships.

Who are The Cleveland Foundation's main competitors?

Direct peers on record are The New York Community Trust, The Chicago Community Trust, The Boston Foundation, The George Gund Foundation, The Pittsburgh Foundation, Mt. Sinai Health Care Foundation and Greater Kansas City Community Foundation. The Columbus Foundation is listed as a regional player. Broad incumbents are The California Endowment and Silicon Valley Community Foundation.

Does The Cleveland Foundation have an API?

No public API is recorded for The Cleveland Foundation.

What industry is The Cleveland Foundation in?

The Cleveland Foundation's product category is Community Foundation and Philanthropic Services. Its primary akta.pro industry code is BPAGAKAB, Community Foundations, with a secondary code of BPAGAKAO, Capacity Building & Nonprofit Infrastructure Funders. Its NAICS code is 813211 and its SIC code is 8600.

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Neo-TransNEOMED opens Cleveland innovation hub – NEOtransNortheast Ohio Medical University (NEOMED) and University Hospitals opened the NEOMED-UH Cleveland Health Innovation Center in Cleveland, marking their first physical presence in the city. The initiative involves a $2.5 million investment to renovate an 8,000-square-foot space within the Cleveland Foundation’s MidTown Collaboration Center. This hub is designed to advance medical innovation, specifically focusing on artificial intelligence in healthcare and maternal and child health outcomes through strategic partnerships.UliCan Public/Private/Philanthropic Partnerships Unlock the Next Generation of Urban Industrial Development?Cleveland has announced The Midline, a 350-acre industrial redevelopment initiative along the historic Norfolk Southern rail corridor that brings together public, private, and philanthropic capital to transform disinvested brownfield sites into a unified district for advanced manufacturing and R&D. Central to the project is the Site Readiness for Good Jobs Fund (SRF), a nonprofit seeded with $50 million from the city's ARPA allocation and approximately $25 million from The Cleveland Foundation, designed to be self-sustaining through recovered investments that recycle into future projects. The initiative highlights a new model for district-scale industrial redevelopment that addresses fragmented ownership, environmental remediation, and jurisdictional barriers that traditionally impede brownfield projects, with implications for legacy industrial cities nationwide.San Diego Union-TribuneFoundations are emphasizing their community services to counter narratives of fraud and partisanshipThe Council on Foundations, an advocacy group representing about 1,000 nonprofits, launched the "Generosity Builds" campaign on Monday to counter what CEO Kathleen Enright calls the sector's "perception gap" amid heightened scrutiny from the federal government and populist movements. The campaign responds to political attacks including proposed taxes on private foundations, DOJ fraud charges against the Southern Poverty Law Center, and Vice President JD Vance's description of major foundations as "cancers on American society." The initiative aims to emphasize philanthropy as community-driven work rather than wealthy elites' partisan projects, highlighting examples like the Gulf Coast Community Foundation's veteran housing project and the Cleveland Foundation's efforts to expand everyday philanthropists' participation.AP NewsFoundations are emphasizing their community services to counter narratives of fraud and partisanshipThe Council on Foundations launched its 'Generosity Builds' campaign to counter political attacks on nonprofits, urging members to highlight community services. The campaign addresses scrutiny from the Trump administration and populist movements, citing a 2023 report that only 1 in 20 adults received nonprofit services. It also promotes examples of ordinary philanthropists to broaden the sector's appeal.Providence Business NewsFoundations are emphasizing their community services to counter narratives of fraud and partisanshipThe Council on Foundations launched its 'Generosity Builds' campaign to counter political attacks on nonprofits, urging members to highlight community contributions. The campaign addresses scrutiny from the Trump administration and populist movements, citing a 2023 report that only 1 in 20 adults received nonprofit services. It also promotes everyday philanthropists and local projects like affordable housing.Ideastream Public Media'Amazing neighborhoods' that deserve investment. Cleveland proposes East Side improvement districtCleveland is proposing a Housing Innovation District covering three historically redlined East Side neighborhoods—Hough, Central, and St. Clair-Superior—that would use a new tax increment financing district, waived permit fees, and zoning reforms to attract an estimated $90–245 million in investment over 30 years. The city, in partnership with the Jack, Joseph and Morton Mandel and Cleveland Foundations, plans to invest $750,000 toward building 20 new homes and repairing 10 existing ones, while addressing high poverty rates ranging from 38% to 70% in the targeted areas. Some residents have raised displacement concerns, and at least one council member has expressed skepticism about the partnership with philanthropic foundations, though city officials maintain the plan will not force anyone out.Neo-TransNEOMED to open Cleveland location – NEOtransThe Northeast Ohio Medical University (NEOMED) announced it is opening a healthcare innovation hub at the Midtown Collaboration Center in Cleveland's Hough neighborhood this summer, with $1.58 million allocated to renovate and retrofit an 8,000-square-foot space in the three-story, 95,000-square-foot building that opened in May 2025. The hub will host NEOMED's medical innovation and commercialization program, partnership initiatives with University Hospitals focused on artificial intelligence in healthcare and maternal and child health, and executive education offerings. The Cleveland Foundation built and owns the MCC, with Vocon Partners LLC providing architectural and design services for NEOMED's improvements.CjrSolutions OrientedThe Cleveland Foundation has begun funding local media initiatives like the Cleveland Documenters project to improve community engagement and information dissemination in Greater Cleveland, particularly in areas often underserved by traditional media. The initiative compensates local citizens to attend government meetings and share insights online, reflecting a shift in funding priorities as prominent philanthropies increasingly support local news solutions amid declining traditional media resources. This movement indicates a broader trend of community-focused journalism blending with grassroots efforts to address local information needs.Wayback MachineCleveland Black Futures Fund announces nearly $1.6 million in grantsThe Cleveland Foundation awarded $1.575 million in grants to 43 nonprofits through the second round of its Cleveland Black Futures Fund. Since late 2020, the fund has distributed nearly $4.6 million to support Black-led and Black-serving organizations in Greater Cleveland, with a third round planned for this summer.PR NewswireGreater Cleveland unites to bridge the digital divideMore than 70 local organizations in Cleveland launched the Greater Cleveland Digital Equity Coalition in 2020 to address the city's high rate of broadband access gaps, with nearly 53,000 households—31% of the city's total—lacking broadband subscriptions. Brokaw Inc. has now launched an awareness advertising campaign utilizing video, digital, social media, out-of-home, and direct mail tactics to direct impacted residents to Digital Navigators services and available resources. The Digital Navigators program, led by organizations including Cleveland Public Library, Cuyahoga County Public Library, and Metro West Community Development Organization, with support from the Cleveland Foundation, aims to make Cleveland a more equitable community by helping residents access internet connectivity, devices, and digital skills training.