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Report to the Community 2009Community the to Report Bigpicture T H E We See The THE CLEVELAND FOUNDATION Report to the Community 2009 THE CLEVELAND FOUNDATION 1422 Euclid Avenue Suite 1300 Cleveland, Ohio 44115 216.861.3810 www.ClevelandFoundation.org Report to the Community We see the 2009 big picture CONTENTS 2 CEO and Chairman’s Letter 2 8 Grantmaking Highlights 7 CEO Perspective 3 0 New Gifts Vital Issues 3 4 Donor Societies and Funds 8 Economic Development 3 8 Financial Summary Staff 1 2 Education 3 9 Committees and Banks 1 6 Human Services and Youth Development 4 0 Board of Directors and Staff 95 Cleveland Foundation Ciba Jones Linda Puffenberger Suite 1300 2 0 Neighborhoods PROGRAM ASSISTANT FINANCIAL ANALYST 1914 – 2009 Suite 1300 Services is an 2 4 Arts and Culture Executive Office Mary J. Clink Sarah L. King affiliate of the Cleveland Ronald B. Richard 1,2 PROGRAM ASSISTANT ASSISTANT CONTROLLER PRESIDENT & CEO Foundation that provides Harold J. Garling Jr. Tammi Amata Jennifer A. Teeter PROJECT AccESS ASSISTANT AccoUNTING MaNAGER support services to emerging EXECUTIVE ASSISTANT nonprofits. Charlotte J. Morosko Dorothy M. Highsmith Program, Grants GRANTS ADMINISTRATOR SENIOR AccoUNTANT Leslie A. Dunford Management, and Records Karen Bartrum-Jansen Ya-Mei Chen EXECUTIVE DIRECTOR FUND AccoUNTANT Robert E. Eckardt 1,2 GRANTS ASSISTANT Jean A. Lang SENIOR VICE PRESIDENT FOR Judith A. Corey Carol A. Hellyar STAFF AccoUNTANT PROGRAMS AND EVALUATION FUND AccoUNTANT GRANTS ASSISTANT Lisa L. Bottoms Christine M. Lawson Civic Innovation Lab ENDOWMENT GRANTMAKING PROGRAM DIRECTOR FOR HUMAN Denise G. Ulloa FINANCE ASSocIATE SERVICES AND CHILD AND YOUTH GRANTS ASSISTANT Jennifer Thomas Total Assets (dollars in billions) Total Grants (dollars in millions) MISSION DEVELopMENT Carmela Beltrante PROGRAM DIRECTOR Patty A. Takacs $2.5 $100 FINANCIAL ASSISTANT The mission of the Lillian A. Kuri REcoRDS TEchNICIAN Andradia Scovil Cleveland Foundation is to PROGRAM DIRECTOR FOR PROGRAM CooRDINATOR 2.0 80 ARchITECTURE, URBAN DESIGN AND Joyce R. Wilson Public Affairs enhance the lives of all SUSTAINABLE DEVELopMENT REcoRDS TEchNICIAN Cynthia V. Schulz 1,2 Neighborhood Connections 1.5 60 residents of Greater Cleveland, India Pierce Lee DIRECTOR OF PUBLIC AFFAIRS Thomas E. O’Brien now and for generations to Gift Planning and Donor AND STRATEGY 1.0 40 PROGRAM DIRECTOR FOR PROGRAM DIRECTOR come, by building community NEIGHBORhooDS, HOUSING AND Relations James G. Lubetkin Cynthia A. Lewis COMMUNITY DEVELopMENT 1,2 SENIOR COMMUNIcaTIONS EDITOR 0.5 20 endowment, addressing needs Caprice H. Bragg PROGRAM ASSISTANT through grantmaking, and Helen W. Williams VICE PRESIDENT FOR GIFT PLANNING Jennifer A. Cimperman 04 05 06 07 08 04 05 06 07 08 PROGRAM DIRECTOR FOR EDUcaTION AND DoNOR RELATIONS providing leadership on PUBLIC RELATIONS OFFICER Fund for Our Economic Kathleen A. Cerveny Terri Eason Future Though foundation assets have fluctuated with the upheaval in the financial markets, our grantmaking key community Scott P. Tennant DIRECTOR OF EVALUATION AND DIRECTOR OF GIFT PLANNING PUBLIC RELATIONS OFFICER Brad Whitehead has remained fairly level as a result of our spending policy and the financial management of the board. issues. INSTITUTIONAL LEARNING Ginger Mlakar Tara P. Jefferson PRESIDENT Jorge E. Delgado DIRECTOR OF DoNOR RELATIONS PUBLIC AFFAIRS ASSocIATE Chris C. Thompson DIRECTOR OF INTERNATIONAL RELATIONS Ann Fairhurst DIRECTOR OF MaRKETING, Debra A. Thornsberry COMMUNIcaTIONS AND CIVIC LaKE-GEAUGA OFFICER Richard T. Stuebi PUBLIC AFFAIRS ASSISTANT OUTREach FELLOW FOR ENERGY AND Marie L. Monago ENVIRONMENTAL ADVANCEMENT Human Resources Michael Shafarenko GIFT PLANNING OFFICER MaNAGER OF OPERATIONS 2 Shilpa Kedar Kathleen L. Stecky AND FINANCE Holly Selvaggi DIRECTOR OF HUMAN RESOURCES ASSocIATE PROGRAM DIRECTOR FOR GIFT PLANNING OFFICER EcoNOMIC DEVELopMENT Ashley Basile Monica K. Brown FUND FELLOW Kathleen A. Hallissey Karen M. Sayre HUMAN RESOURCES MaNAGER DoNOR RELATIONS OFFICER Angela Maldonado DIRECTOR OF COMMUNITY RESpoNSIVE Danielle Obloy GRANTMAKING FUND ADMINISTRATIVE ASSISTANT The Cleveland Foundation: At a Glance Marvelous R. Baker HUMAN RESOURCES GENERALIST SchoLARSHIP OFFICER Nelson Beckford Denise R. Campbell Literacy Cooperative PROGRAM OFFICER HISTORY Established in 1914, the Cleveland FOR 20 08 economic transformation, including advanced energy Jennifer R. Rudolph ADMINISTRATIVE ASSISTANT Robert Paponetti Foundation is the world’s first community foundation, Assets at year-end: $1.6 billion and globalization; public education reform; human Kevin L. McDaniel GIFT PLANNING ASSocIATE EXECUTIVE DIRECTOR PROGRAM OFFICER Administration the vision of Cleveland banker and lawyer Frederick H. Total return on endowment investments: –26.41% services and youth development; neighborhoods, Donna C. Johnson 1,2 Omobola Lana Jill M. Paulsen OPERATIONS ADMINISTRATOR Leslie A. Dunford Goff. He wanted to pool the charitable resources of 3,100 housing, and community development; and arts PROGRAM DIRECTOR Grants authorized: PROGRAM OFFICER VICE PRESIDENT FOR CORpoRATE Cleveland’s philanthropists into a single, great, and Value of grants authorized: $84 million and culture. Linda F. Gersten GoVERNANCE AND ADMINISTRATION Sarah Upperman Paul Putman GIFT PLANNING ASSISTANT PROGRAM ASSISTANT permanent endowment for the betterment of current New gifts received: $71.7 million PROGRAM OFFICER Janet M. Carpenter Joan R. Cerne ADMINISTRATIVE SERVICES MaNAGER and future residents. His revolutionary idea has grown Administrative expenses: $11.8 million PhILANTHROPY The foundation exists Diane C. Kaszei Suite 1300 DoNOR RELATIONS ASSISTANT Darlene A. Eden into an organization that has benefited millions of Number of employees (as of July 1, 2009): 75 because of the extraordinary generosity and vision of GRANTS MaNAGER Board of Directors Traci M. Douglas ADMINISTRATIVE SERVICES MaNAGER lives over the past 95 years and forever reshaped the our donors. We offer numerous creative and reward- Janice M. Cutright James V. Patton DoNOR RELATIONS ASSISTANT Pamela F. Jaffe ChaIR way community members come together to care for ing ways to donate to the community, some with REcoRDS AND KNOWLEDGE MaNAGER STEWARDSHIP We are the stewards of Shari Pachinger ASSISTANT CORpoRATE SECRETARY significant tax advantages. Currently, the foundation Margaret McGrath Armour Leslie A. Dunford one another. Today the Cleveland Foundation is the donor dollars, ensuring that the wishes of our donors LaKE-GEAUGA ASSISTANT Laura Lash PROGRAM ASSocIATE Ann C. Lutz third-largest community foundation in America in are met. Our diversified investment strategy is includes more than 1,300 separate funds representing Maureen F. Forrest ADMINISTRATIVE SERVICES ASSISTANT Angeline E. Brlas terms of assets. individuals, families, organizations, and corporations. SchoLARSHIP ASSISTANT Quentin L. McCorvey Sr. guided by our board and our investment advisors. PROGRAM ASSISTANT Gail Stachnik We are the center for charitable investment in the RECEPTIONIST Candace S. McGraw W H AT IS A COM MU N I T Y Annabel P. Bryan Finance GRANTMAKING We are Greater Cleve- Greater Cleveland community. PROGRAM ASSISTANT Information Systems Brian Vulpitta FOUNDATION? A community foundation J.T. Mullen 1,2 land’s largest grantmaking organization. The foun- Rennae M. Coe SENIOR VICE PRESIDENT AND James T. Bickel 2 is a charitable organization created by and for a dation awards most grants to 501(c)(3) nonprofit PARTNERSHIP AND PROGRAM ASSISTANT CHIEF FINANCIAL OFFICER DIRECTOR OF TEchNOLOGY community of people. It is supported by local donors As of July 1, 2009 organizations that support projects and programs LEADERSHIP The foundation leverages its Mary Clare Donnelly Kathy S. Parker Jamie A. McGuire 1 OFFICER and governed by a board of private citizens who work PROGRAM ASSISTANT CONTROLLER PROGRAMMER/ANALYST 2 MaNAGEMENT coMMITTEE that benefit Greater Cleveland’s citizens, meet com- resources and magnifies its impact on important toward the greater good of the citizens in the commu- causes in the community by working in partnership munity needs, and test new ideas. We annually nity. Funds come from a variety of sources, including with many organizations. We focus our attention and bequests and living trusts, and are invested in perpe- award some 3,000 grants, ranging from a few hun- This publication was printed at an FSC-certified printer (Certification No. SW-COC-002546). The FSC Logo efforts on vital issues and often serve as collaborator identifies products that contain wood from well-managed forests certified in accordance with the rules tuity. The earnings on investments are then distributed dred dollars to several million dollars. Some two- and convener as well as grantmaker. of the Forest Stewardship Council. Soy-based inks, and recycled and recyclable papers were employed to worthy organizations or causes. Today, more than thirds of our discretionary dollars are directed to throughout this publication. 1,000 community foundations exist around the world. areas identified as thecommunity’s greatest needs: www.ClevelandFoundation.org Cert no. SW-COC-002546 question, these are extraordinary Withouttimes. Without hesitation, the Cleveland Foundation has stepped up. We are meeting urgent needs today, and we are investing in a brighter future. Always, we are keeping in focus the big picture – our mission – to better life for people here, now and for generations. We’ve been serving Greater Cleveland through ups and downs for 95 years, with considerable and lasting impact. On these pages, you will
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