George Gund Foundation

Organization Overview

George Gund Foundation is located in Cleveland, OH. The organization was established in 1953. 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.

For the year ending 12/2019, George Gund Foundation generated $60.4m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $37.8m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, George Gund Foundation has awarded 1,310 individual grants totaling $138,184,811. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Goldman Sachs & Co
$3,061,178
Keybank National Association
$91,713
Koya Leadership Partners
$57,140
Nesnadny & Schwartz
$239,865
Rea & Associates Inc
$212,700
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $12,533,839
Net Rental Income$0
Net Gain on Sale of Assets $47,457,715
Capital Gain Net Income $47,362,854
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $447,592
Total Revenue $60,439,146

Grants Awarded

Over the last fiscal year, George Gund Foundation has awarded $48,068,327 in support to 437 organizations.

Grant RecipientAmount

CLEVELAND FOUNDATION

Org PageRecipient Profile

Cleveland, OH

PURPOSE: SAY YES TO EDUCATION CLEVELAND SCHOLARSHIP FUND.

$2,000,000

FOUNDATION FIGHTING BLINDNESS INC

PURPOSE: RETINAL DEGENERATIVE DISEASE RESEARCH.

$2,000,000

CLEVELAND FOUNDATION

Org PageRecipient Profile

Cleveland, OH

PURPOSE: SAY YES TO EDUCATION CLEVELAND SCHOLARSHIP FUND.

$2,000,000

CLEVELAND FOUNDATION

Org PageRecipient Profile

Cleveland, OH

PURPOSE: SAY YES TO EDUCATION CLEVELAND SCHOLARSHIP FUND.

$2,000,000

CLEVELAND FOUNDATION

Org PageRecipient Profile

Cleveland, OH

PURPOSE: SAY YES TO EDUCATION CLEVELAND SCHOLARSHIP FUND.

$1,500,000

CLEVELAND FOUNDATION

Org PageRecipient Profile

Cleveland, OH

PURPOSE: SAY YES TO EDUCATION CLEVELAND SCHOLARSHIP FUND.

$1,000,000
View Grant Profile

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