David And Inez Myers Foundation

Organization Overview

David And Inez Myers Foundation is located in Cleveland, OH. The organization was established in 1956. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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, David And Inez Myers Foundation generated $10.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $6.0m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, David And Inez Myers Foundation has awarded 65 individual grants totaling $10,093,306. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

FURTHER THE CHARITABLE, EDUC.& RELIGIOUS PURPOSES OF THE JEWISH FEDERATION OF CLEVELAND

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO 501(C)(3) ORGANIZATIONS MADE TO SUPPORT THE CHARITABLE, EDUCATIONAL & RELIGIOUS PURPOSES OF THE JEWISH FEDERATION OF CLEVELAND INCLUDING GRANT PROGRAM DESIGN, OVERSIGHT AND EXECUTION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Monticello Associates Inc
Investment Advisors
$150,000
Wellington Management Company Llp
Investment Advisors
$134,945
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $2,644,249
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,024,451
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,668,700

Grants Awarded

Over the last fiscal year, David And Inez Myers Foundation has awarded $4,954,000 in support to 34 organizations.

Grant RecipientAmount

JEWISH FEDERATION OF CLEVELAND

Org PageRecipient Profile

Cleveland, OH

PURPOSE: BIRTHRIGHT ISRAEL; CEMETERY PRESERVATION; COMMUNITY SECURITY INITIATIVE; FOUNDATION DEPARTMENT; JHUB; MOISHE HOUSE; ONWARD ISRAEL; PHILANTHROPIC FUND SUPPORT; WEXNER HERITAGE PROGRAM: CLEVELAND COHORT; 2020 CAMPAIGN; FUND FOR THE JEWISH FUTURE

$2,301,000

JEWISH EDUCATION CENTER OF CLEVELAND

Org PageRecipient Profile

Cleveland Hts, OH

PURPOSE: 2019 MYERS JEWISH CAMPING SCHOLARSHIPS; 2020 MYERS CAMPING SCHOLARSHIPS; CAMP LEADERSHIP SCHOLARSHIPS

$671,000

JEWISH FAMILY SERVICE ASSOCIATION OF CLEVELAND OHIO

Org PageRecipient Profile

Pepper Pike, OH

PURPOSE: CAPITAL CAMPAIGN

$500,000

JEWISH FEDERATIONS OF NORTH AMERICA INC

Org PageRecipient Profile

New York, NY

PURPOSE: RECOMMENDATIONS: COUNSELING CENTER FOR WOMEN, ISRAEL: GENERAL SUPPORT, KVUTZAT REUT, HADASSAH ACADEMIC COLLEGE, SCHOLARSHIP SUPPORT; YEZREEL VALLEY COLLEGE, OPPORTUNITY FOR SUCCESS; HADIN ISRAEL LAW CENTER, TEL AVIV

$221,000

HILLEL THE FOUNDATION FOR JEWISH CAMPUS LIFE

Org PageRecipient Profile

Kent, OH

PURPOSE: GENERAL SUPPORT; HILLEL IN THE FSU

$160,000

BNAI BRITH YOUTH ORGANIZATION INC

Org PageRecipient Profile

Washington, DC

PURPOSE: 2019 INTERNATIONAL CONVENTION SCHOLARSHIPS

$100,000
View Grant Profile

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