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EIN 34-6519769

George Gund Foundation

IRS 501(c) type
501(c)(3)
Num. employees
10
City
Cleveland
State
Ohio
Year formed
1953
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The George Gund Foundation was established in 1952 as a private, institution with the sole purpose of contributing to human well-being and the progress of society.
Total revenues
$51,521,913
2023
Total expenses
$39,701,112
2023
Total assets
$506,606,604
2023
Num. employees
10
2023

Program areas at George Gund Foundation

Interest income from program related loans used by 501 (c) (3) organizations to accomplish their exempt purposes. See statement 21.

Grants made by George Gund Foundation

GranteeGrant descriptionAmount
Foundation Fighting Blindness (FFB)Retinal Degenerative Disease Research.$2,000,000
Cleveland Neighborhood ProgressOperating Support.$1,200,000
College Now Greater ClevelandPostsecondary Success Coaches for Say Yes Scholars.$1,021,500
...and 294 more grants made totalling $27,788,192

Financials for George Gund Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$9,407,611
Net rental income$0
Net gain from sale of non-inventory assets$42,009,665
Gross sales of inventory$0
Miscellaneous revenues$104,637
Total revenues$51,521,913

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Data update history
February 20, 2025
Updated personnel
Identified 1 new personnel
January 20, 2025
Posted financials
Added Form 990PF for fiscal year 2023
October 31, 2024
Updated personnel
Identified 3 new personnel
December 25, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 24, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
45 Prospect Ave W Guildhall 1845
Cleveland, OH 44115
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
gundfoundation.org/ 
Phone
(216) 241-3114
IRS details
EIN
34-6519769
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1953
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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