AI Summary
JOHN L SEVERANCE is a 501(c)(3) grantmaker that reported $4.2M in grants paid to 1 grantee in filing year 2025. It does not accept unsolicited proposals and makes grants by invitation only; nonprofits can explore warm-introduction pathways via Impala's Funder Prospecting.
Mission Statement
GRANTS ARE MADE ACCORDING TO THE LAST WILL AND TESTAMENT OFJOHN L SEVERENCE DATED JANUARY 31, 1935 IN CONJUNCTION WITH THE TRUST AGREEMENT DATED DECEMBER 23, 1915 AND THE OPERATING AGREEMENT DATED APRIL 30, 2009. IN COMPLIANCE WITH THE TRUST DOCUMENT, KEYBANK AS TRUSTEE, MAKES GRANTS TO THE CLEVELAND MUSEUM OF ART TO BE USED TO PURCHASE WORKS OF ART. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF THEBENEFICIARIES ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. PLEASE NOTE THE CHARITY HAS A RIGHT TO DIRECT OR APPROVE INVESTMENTS AND THETRUSTEE HAS THE AUTHORITY TO AMEND THE DOCUMENT TO INSURE THECONTINUATION TO QUALIFY AS A 509(A)(3).
Cause Areas
1
Arts and culture
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Grantee
Total Funding
Funding Share
Cleveland Museum of Art
CLEVELAND, OH
$22.1M
100%
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- 1 grantees
- 4 board & team members
- 8 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
Can I submit an unsolicited grant proposal to JOHN L SEVERANCE?
No. JOHN L SEVERANCE does not accept unsolicited proposals. Funding is by invitation only.
Where does JOHN L SEVERANCE give?
JOHN L SEVERANCE primarily gives to organizations located in Ohio. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are JOHN L SEVERANCE’s grants?
The largest share of grants from JOHN L SEVERANCE fall in the $1 million to $5 million range. The median first-year grant is about $3.5 million. More detailed grant size data is available to registered users.
How many grants does JOHN L SEVERANCE make each year?
In 2024, JOHN L SEVERANCE awarded about 1 grants, totaling nearly $3.7 million. More detailed grant metrics are available to registered users.
Who did JOHN L SEVERANCE fund recently?
In 2024, JOHN L SEVERANCE awarded grants to about 1 grantees. Recent grantees include Cleveland Museum of Art. More detailed information on all recent recipients is available to registered users.
How do we apply to JOHN L SEVERANCE?
JOHN L SEVERANCE does not accept unsolicited proposals. Funding is by invitation only.