Overview

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Est.

1921

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

The Cleveland Clinic Foundation is a large nonprofit focused on hospital care and community health care, with a mission of “caring for life, researching for health and educating those who serve.” In filing year 2024, it reported an operating budget of $9.3B and total revenue of $9.7B, with top funders including JACK JOSEPH & MORTON MANDEL FOUNDATION, JOBSOHIO, and TIMKEN FOUNDATION OF CANTON.

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Mission Statement

CARING FOR LIFE, RESEARCHING FOR HEALTH AND EDUCATING THOSE WHO SERVE.

Cause Areas

2
Hospital care
Community health care
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Financials

2024
Revenues
$9.7B
Expenses
$9.4B
Net Income:
+$246M
Assets
$17.4B
Liabilities
$8.6B
Net Assets:
+$8.8B

Financial Trends

2024
Operating Budget
$9.3B
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Logo for "JACK JOSEPH & MORTON MANDEL FOUNDATION"
JACK JOSEPH & MORTON MANDEL FOUNDATION
CLEVELAND, OH, US
$54.9M
11%
Logo for "FIDELITY INVESTMENTS CHARITABLE GIFT FUND"
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
BOSTON, MA, US
$33.3M
< 1%
JOBSOHIO
Columbus, OH, US
$21.9M
13%

Grants Received

2024
Total No. of Grants
379
Median grant size
$40K
Largest grant received
$21.9M

Board & Team

L
Larry Ruvo
Board Member
R
Richard C. Fedorovich
Board Member
V
Victor Alexander
Board Member
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  • 940 funders
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  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is THE CLEVELAND CLINIC FOUNDATION.’s budget?
In 2024, THE CLEVELAND CLINIC FOUNDATION. reported an annual operating budget of around $9.3 billion. More detailed financial information is available to registered users.
What causes does THE CLEVELAND CLINIC FOUNDATION. support?
THE CLEVELAND CLINIC FOUNDATION. supports work in Hospital care and Community health care.
Where does THE CLEVELAND CLINIC FOUNDATION. operate?
THE CLEVELAND CLINIC FOUNDATION. is headquartered in Cleveland, OH.
Who funded THE CLEVELAND CLINIC FOUNDATION. recently?
In 2025, THE CLEVELAND CLINIC FOUNDATION. received grants from THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST, GUND GEOFFREY FDN, and THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant THE CLEVELAND CLINIC FOUNDATION. received in 2024?
The largest grant to THE CLEVELAND CLINIC FOUNDATION. in 2024 exceeds $21.9 million.
What is THE CLEVELAND CLINIC FOUNDATION.’s reliance on government grants?
THE CLEVELAND CLINIC FOUNDATION. relied on government grants for less than 5% of their total revenue in 2024.