Team NEO Foundation
AI Summary
The Team NEO Foundation is a nonprofit organization dedicated to enhancing the economy of Northeast Ohio through collaboration with various network partners to attract new businesses and support the growth of existing ones. With an operating budget of $8 million for the 2024 filing year, the foundation seeks to accelerate innovation in the region. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. For more information, visit their website at www.teamneo.org.
Mission Statement
Team NEO Foundations mission is to enhance the economy of Northeast Ohio by collaborating with our Network Partners and others to attract new businesses, help those that are here grow and accelerate the impact of innovation in the region.
Cause Areas
1
Economic development
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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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Frequently Asked Questions
What is Team NEO Foundation’s budget?
In 2024, Team NEO Foundation reported an annual operating budget of around $8 million. More detailed financial information is available to registered users.
What causes does Team NEO Foundation support?
Team NEO Foundation supports work in Economic development.
Where does Team NEO Foundation operate?
Team NEO Foundation is headquartered in Cleveland, OH.
Who funded Team NEO Foundation recently?
In 2025, Team NEO Foundation received grants from TIMKEN FOUNDATION OF CANTON, STARK ECONOMIC DEVELOPMENT BOARD INC, and DELOITTE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Team NEO Foundation received in 2024?
The largest grant to Team NEO Foundation in 2024 exceeds $150 thousand.