Ridgecliff Foundation
- Assets
- $7.8m
- Revenue
- $165.0k
- Investments
- $7.8m
- Employees
- 0
- Location
- Fairview Park, OH
- Founding
- 03/1991
- Data as of
- 12/2023
- EIN
- 34-1671405
Organization Overview
Ridgecliff Foundation is located in Fairview Park, OH. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ridgecliff Foundation 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 12/2023, Ridgecliff Foundation generated $165.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $461.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ridgecliff Foundation has awarded 456 individual grants totaling $5,545,358. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberta Taliaferro Trustee | 0 | $0 | |
Catherine Rutti Treasurer | 0 | $0 | |
Elena Lidrbauch 1st Vice Pre | 0 | $0 | |
J David Ingersoll Secretary | 0 | $0 | |
Mary Terese Matousek Trustee | 0 | $0 | |
Paul Mchugh President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $381,784 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$216,818 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $18,393 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $164,966 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,025 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,106 |
| Printing and publications | $0 |
| Other expenses | $13,557 |
| Total operating and administrative expenses | $47,555 |
| Contributions, gifts, grants paid | $414,182 |
| Total expenses and disbursements | $461,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,445 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,241 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,750,962 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,788,648 |
| Accounts payable and accrued expenses | $5,420 |
| Grants payable | $110,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,750 |
| Total liabilities | $117,170 |
Grants Awarded
Over the last fiscal year, Ridgecliff Foundation has awarded $553,307 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVEMENT CENTER FOR CHILDREN PURPOSE: PROGRAM SERVICES | $7,500 |
CLEVELAND PUBLIC THEATRE PURPOSE: Y HAVEN THEATRE PROJECT | $11,000 |
COLEMAN PROFESSIONAL SERV PURPOSE: SCHOOL BASED INTERVENTIONS | $8,784 |
CLEVELAND RAPE CRISIS CENTER PURPOSE: TRAUMA AND ADDICTION PROGRAM | $7,500 |
ECUMENICAL SHELTER NETWORK PURPOSE: TO RESPOND TO HUMAN HURTS AND HOPES | $5,544 |
COLEMAN PROFESSIONAL SERV PURPOSE: SCHOOL BASED INTERVENTIONS | $8,784 |