The Cleveland Foundation
The Cleveland Foundation, a public charity dedicated to improving the quality of life in Greater Cleveland, is the oldest and third-largest community foundation in the nation. Its establishment in 1914 is cited as one of ten events that most heavily influenced the development of the nonprofit sector in the 20th Century and it continues to be a leader in its field.
The Foundation has assets of approximately $1.9 billion and last year awarded more than $70 million in grants and low-cost loans to Cleveland area nonprofit organizations. In 2005, the Foundation received nearly $30 million in new funds and it is currently made up of more than 800 funds created by individuals, families, organizations and corporations. It offers donors of all means the opportunity to have a lasting impact on their community while maximizing income, gift and estate tax benefits.