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EIN 34-1943092

Presidents Council Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Cleveland
State
Ohio
Year formed
2000
Most recent tax filings
2023-12-01
NTEE code, primary
S40: Business and Industry
Description
The Presidents Council Foundation acts as a catalyst for inclusion in support of the development and advocacy for current and future generations of African American entrepreneurs and leaders in the Cleveland, OH region. The foundation provides training, resources, and networks to minority enterprises with over 120 graduates from the program since its inception. Additionally, they work with Cleveland area high school students through the PC Scholars program to prepare them for graduation with tactical skills like personal finance, interviewing tips, and entrepreneurship.
Total revenues
$693,263
2023
Total expenses
$594,094
2023
Total assets
$1,057,028
2023
Num. employees
6
2023

Program areas at Presidents Council Foundation

Acting as a catalyst for inclusion, the Presidents Council supports develops and advocates for our regions current and future generations of african american entreprenuers and leaders

Who funds Presidents Council Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Burton D Morgan FoundationTo Grow the Organizations Staff, Including the Role of Chief Executive Officer and Other High-Level Staffing Positions Critical To Organizational Growth$135,000
Local Initiatives Support CorporationSee Part Iv$68,750
Cleveland Neighborhood ProgressSmall Business Grant Support$10,000

Financials for Presidents Council Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$693,263
Program services$0
Investment income and dividends$0
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$0
Total revenues$693,263
Data update history
February 16, 2025
Updated personnel
Identified 2 new personnel
February 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Received grants
Identified 1 new grant, including a grant for $68,750 from Local Initiatives Support Corporation
November 24, 2024
Received grants
Identified 2 new grant, including a grant for $135,000 from Burton D Morgan Foundation
June 29, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsCharities
Issues
EducationHuman servicesAfrican AmericansJobs and employmentBusiness and industry
Characteristics
State / local levelReceives government fundingFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
2814 Detroit Ave
Cleveland, OH 44113
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
thepresidentscouncil.com/ 
Phone
(216) 771-8702
IRS details
EIN
34-1943092
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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