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EIN 27-0606927

Fund for Our Economic Future of Northeast Ohio

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Cleveland
State
Ohio
Year formed
2009
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
Fund for Our Economic Future of Northeast Ohio fosters economic growth and equitable access to opportunity in Northeast Ohio. It serves as a creative hub for philanthropic funders and civic leaders to explore effective strategies that achieve equitable economic growth through systemic and long-term changes. The Fund offers Growth and Opportunity Grants, which support organizations advancing job creation, job preparation, and job access in the region. Additionally, it provides support for shared regional economic competitiveness strategies through Regional Strategy Development.
Total revenues
$7,638,594
2022
Total expenses
$6,922,950
2022
Total assets
$9,584,992
2022
Num. employees
8
2022

Program areas at Fund for Our Economic Future of Northeast Ohio

Fund program services are as follows: 1.Growth and Opportunity Grants: Organizations advancing job creation, job preparation, and job access for Northeast Ohio. 2. Regional Strategy Development: Support for a shared regional economic competitiveness strategy that strengthens equitable growth and opportunity. 3. Civic understanding of growth and opportunity, including community engagement and measurement and research grants.

Grants made by Fund for Our Economic Future of Northeast Ohio

GranteeGrant descriptionAmount
Magnet / Manufacturing Advocacy & Growth Network IncJob Preparation$1,966,667
Youth Opportunities Unlimited (YOU)Job Preparation$1,000,000
Greater Cleveland Partnership (GCP)Job Preparation, Job Creation$686,749
...and 9 more grants made

Who funds Fund for Our Economic Future of Northeast Ohio

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
George Gund FoundationOperating Support$500,000
National Fund for Workforce SolutionsTo Support Activate Employers Program$285,000
Stark Community FoundationCivic$240,000
...and 20 more grants received totalling $2,107,666

Personnel at Fund for Our Economic Future of Northeast Ohio

NameTitleCompensation
Erskine BevelDirector of Finance$42,422
Bishara AddisonDirector of Workforce Innovation$107,444
Bradley WhiteheadSenior Advisor / Senior Advisor / Senior Advisor / Senior Advisor / President$193,852
Bethia CullisPresident$272,991
William GaryChair$0
...and 10 more key personnel

Financials for Fund for Our Economic Future of Northeast Ohio

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,637,539
Program services$0
Investment income and dividends$75
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$980
Total revenues$7,638,594

Form 990s for Fund for Our Economic Future of Northeast Ohio

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-11-15990View PDF
2020-122021-09-30990View PDF
2019-122021-02-24990View PDF
2018-122020-06-09990View PDF
...and 11 more Form 990s

Organizations like Fund for Our Economic Future of Northeast Ohio

OrganizationLocationRevenue
FocusmaineAugusta, ME$2,195,380
Center on Rural InnovationHartland, VT$3,508,095
Kohala InstituteKapaau, HI$4,002,076
WNC CommunitiesAsheville, NC$2,495,883
High Point Chamber FoundationHigh Point, NC$2,874,139
Southern Minnesota Initiative Foundation (SMIF)Owatonna, MN$22,164,085
Initiative FoundationLittle Falls, MN$18,836,412
South Carolina I-77 AllianceRichburg, SC$3,066,994
Stand Up for Salem (SUFS)Salem, NJ$2,537,533
Southwest Initiative FoundationHutchinson, MN$19,655,047
Data update history
December 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Updated personnel
Identified 5 new personnel
December 23, 2023
Used new vendors
Identified 1 new vendor, including
October 23, 2023
Received grants
Identified 2 new grant, including a grant for $50,000 from Community Foundation of Lorain County (CFLC)
August 19, 2023
Received grants
Identified 23 new grant, including a grant for $1,000,000 from George Gund Foundation
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsState / local levelTax deductible donations
General information
Address
4415 Euclid Ave Suite 203
Cleveland, OH 44103
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
thefundneo.org/ 
Phone
(216) 456-9800
Facebook page
FundforOurEconomicFuture 
Twitter profile
@thefundneo 
IRS details
EIN
27-0606927
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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