THE CLEVELAND FOUNDATION

EIN 340714588 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$408.36M
at fiscal year end
Grants out
$36.17M
from DAF accounts
Contributions in
$82.44M
received into DAFs
Payout rate
8.9%
median is 12.5%
Accounts
674
funds held at year end
Average account
$606K
assets per fund

At 8.9%, this sponsor paid out below the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$260.6M
FY2019
$301.4M
FY2020
$351.5M
FY2021
$329.9M
FY2022
$408.4M
FY2023

Grants paid by year

$75.7M
FY2019
$24.3M
FY2020
$31.1M
FY2021
$33.3M
FY2022
$36.2M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 4,400 grant lines totalling $664.5M across 2019–2024 — $151K per line.

$9.2M of this sponsor’s grants went to other DAF sponsors — 1% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Say Yes Cleveland Scholarship IncEIN 833463932 OH$61.7M
Case Western Reserve UniversityEIN 341018992 OH$24.4M
University Hospitals Cleveland Medical CenterEIN 340714775 OH$24.1M
Jumpstart IncEIN 341398522 OH$15.8M
College Now Greater Cleveland Inc runs a DAF programEIN 346580096 OH$14.4M
Famicos Foundation IncEIN 341053534 OH$13.3M
Cleveland Metropolitan School DistrictEIN 346000662 OH$12.4M
Cleveland Clinic FoundationEIN 340714585 OH$11.4M
Neighborhood Progress Inc Dba Cleveland Neighborhood ProgressEIN 341611055 OH$10.5M
Suite 1300 Services IncEIN 300096415 OH$9.5M
University Hospitals Case Medical CenterEIN 341567805 OH$9.0M
United Way Of Greater Cleveland FundEIN 346516654 OH$8.6M
Greater Cleveland Food BankEIN 341292848 OH$6.1M
Cuyahoga CountyEIN 346000817 OH$6.0M
Youth Opportunities UnlimitedEIN 341381135 OH$5.7M

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.