United Black Fund Of Greater Cleveland Inc

Organization Overview

United Black Fund Of Greater Cleveland Inc is located in Cleveland, OH. The organization was established in 1982. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, United Black Fund Of Greater Cleveland Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Black Fund Of Greater Cleveland Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, United Black Fund Of Greater Cleveland Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, United Black Fund Of Greater Cleveland Inc has awarded 117 individual grants totaling $817,934. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FUNDING AND TECHNICAL ASSISTANCE TO SMALL AND MINORITY DISADVANTAGE BUSINESSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BASIC NEEDSFUNDING FOR PROGRAMS/PROJECTS THAT PROVIDE ASSISTANCE TO THOSE WHO HAVE SOME EMERGENCY NEED(S) GROWING OUT OF A CRISIS SITUATION. PROGRAMMING SHOULD BE FOCUSED ON RESTORING THE PERSON/FAMILY TO AN ACCEPTABLE LEVEL OF FUNCTIONING BY ASSISTING WITH FOOD, SHELTER, CLOTHING, PERSONAL ITEMS, HEALTH NEEDS, OR TRANSPORTATION. FUNDING IS NOT LIMITED TO THOSE ITEMS LISTED, THEY ARE PROVIDED AS A GUIDE.


EDUCATION FUNDING FOR PROGRAMS/PROJECTS SHOULD EMPHASIZE EARLY CHILDHOOD DEVELOPMENT PROGRAMS, MIDDLE SCHOOL AND HIGH SCHOOL PROGRAM, COLLEGE PREPARATION/ACADEMIC MENTOR PROGRAMS. PROGRAMS SHOULD REFLECT A STRONG COMMITMENT TO EDUCATION AND ACCESS FOR LOW INCOME AND UNDER-SERVED POPULATIONS. EDUCATIONAL PROGRAMS SHOULD ENRICH PARTICIAPNTS LIVES BY INCLUDING ACTIVITIES THAT LEAD TO A CHANGE IN KNOWLEDGE, SKILL OR LEVEL OF APPRECIATION RATHER THAN ONE-TIME EVENTS SUCH AS ATTENDING A SHOW OR VISITING A CULTURAL INSTITUTION. ARTS EDUCATION SHOULD PROVIDE PROGRAMMING THAT PROVIDES PARTICIPANTS WITH THE EXPERTISE THAT FURTHERS THEIR TRAINING AND ENHANCES THEIR EDUCATION AND SELF-DEVELOPMENT.


WORKFORCE DEVELOPMENTFUNDING FOR PROGRAMS/PROJECTS THAT ASSIST INDIVIDUALS TO RETURN OR ENTER THE WORKFORCE. SPECIAL EMPHASIS IS GIVEN TO PROGRAMS THAT SERVE THOSE WHO HAVE LITTLE OR NO CONNECTION TO THE JOB MARKET, INCLUDING THOSE WHO HAVE BEEN PREVIOUSLY INCARCERATED. JOB READINESS TRAINING, RECORD EXPUNGEMENT, TRANSPORTATION, AND SKILL SPECIFIC TRAINING/PLACEMENT, INCLUDING SOFT SKILL DEVELOPMENT, ARE AMOUNG THE SERVICES THAT WILL BE CONSIDERED FOR SUPPORT.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $860,324
All other contributions, gifts, grants, and similar amounts not included above$151,098
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,011,422
Total Program Service Revenue$0
Investment income $322,418
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,333,840

Grants Awarded

Over the last fiscal year, United Black Fund Of Greater Cleveland Inc has awarded $125,900 in support to 18 organizations.

Grant RecipientAmount

ELIZA BRYANT VILLAGE

Org PageRecipient Profile

Cleveland, OH

PURPOSE: Meet diverse needs

$15,000

PREGNANT WITH POSSIBILITIES

Org PageRecipient Profile

Maple Heights, OH

PURPOSE: Meet diverse needs

$10,000

WESTERN RESERVE HISTORICAL

Org PageRecipient Profile

Moreland Hills, OH

PURPOSE: Meet diverse needs

$8,500

PHOEBE FOUNDATION

Org PageRecipient Profile

Beachwood, OH

PURPOSE: Meet diverse needs

$7,000

CLEVELAND BAPTIST ASSOCIATION

Org PageRecipient Profile

Cleveland, OH

PURPOSE: Meet diverse needs

$6,500

LEADING LADIES

PURPOSE: Meet diverse needs

$6,100
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 15 grants that United Black Fund Of Greater Cleveland Inc has recieved totaling $943,809.

Awarding OrganizationAmount
Cleveland Foundation

Cleveland, OH

PURPOSE: OUT-OF-SCHOOL-TIME COLLABORATIVE

$334,000
George Gund Foundation

Cleveland, OH

PURPOSE: CHOCOLATE CITY CLEVELAND.

$300,000
Saint Lukes Foundation Of Cleveland Ohio

Cleveland, OH

PURPOSE: CENTER FOR THRIVING ORGANIZATIONS (CTO)

$200,000
Westfield Insurance Foundation

Westfield Center, OH

PURPOSE: FAMILY STABILITY

$30,000
Jumpstart Inc

Cleveland, OH

PURPOSE: ECONOMIC DEVELOPMENT

$20,000
Saint Lukes Foundation Of Cleveland Ohio

Cleveland, OH

PURPOSE: NAACP FREEDOM FUND SPONSORSHIP REQUEST

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$295,655
Earnings$44,767
Ending Balance$340,422

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