The End of the Stretch IRA: Charitable Solutions After the SECURE Act

Baby boomers are reported to have the largest retirement savings of any American generation, and IRAs – or Individual Retirement Accounts – are one of the most common retirement savings vehicles. These taxwise tools come in many forms and grow either tax-free or tax-deferred. Whether Traditional, Roth, Simple or SEP, IRAs are also inheritable assets that owners can leave behind to their spouses, children and other beneficiaries.

Cleveland Foundation announces $8 million in September grants

Cleveland Foundation announces $8 million in September grants Board approval brings 2018 total to more than $65 million for Cuyahoga, Lake and Geauga nonprofits Release Date: 9.26.2018  CLEVELAND – The Cleveland Foundation board of directors approved on Tuesday (Sept. 25) $8 million in grants for the month of September. With a...

Building community endowment with our organizational fund partners

Nonprofit organizations across Greater Cleveland are working hard, day in and day out, to serve our community across nearly every field and area of interest. What they have in common is a need for the financial resources and stability that allow them to focus on their mission and make their greatest possible impact. Through our...

Cleveland Foundation approves $17 million in Q3 grants

Cleveland Foundation approves $17 million in Q3 grants Foundation, donors grant more than $72 million in 2019 year-to-date RELEASE DATE: 9.27.2019 CLEVELAND – The Cleveland Foundation board of directors today announced $17 million in grants approved in the third quarter of 2019. Supporting residents in Cuyahoga, Lake and Geauga...

Sally Gries elected Chairperson of the Cleveland Foundation Board of Directors

Sally Gries elected Chairperson of the Cleveland Foundation Board of Directors Kathleen Ferry and Rev. Dr. Robin E. Hedgeman appointed as new board members Release Date: 4.8.2019 CLEVELAND – The Cleveland Foundation today announced the election of a new chairperson and the appointment of two new members to its Board of Directors. A...

Homer C. Wadsworth Award

Creativity, Ingenuity, Risk-Taking, and Good Humor Homer Wadsworth - Executive Director 1974–1983 Homer Wadsworth was executive director of the Cleveland Foundation from 1974 to 1983. He was known as an innovative, visionary, and energetic leader, overseeing the foundation's work not only as a community grantmaker, but also as...

Customized Planning Strategies

Situations Where We Can Help Professional Advisors The Cleveland Foundation will work closely with you to tailor solutions for your clients that meet their charitable giving needs, offer the maximum charitable tax deductions, and provide many ways to incorporate charitable giving into their estate plans. Here are examples of how we...

MidTown Collaboration Center

MidTown Collaboration Center Located in the historic Hough neighborhood, a place where partnership and innovation center around place and community   Positioned to bridge Cleveland’s thriving downtown business center with its University Circle academic hub, the project is halfway between two of Cleveland’s most important...