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Ohio · Public charity

Fund for Our Economic Future of Northeast Ohio

The fund for our economic future is a creative space for philanthropic funders and civic leaders to explore what matters and implement what works to achieve equitable economic growth, emphasizing systemic, long-term change.

$4.6M
Granted FY2024(still arriving)
6
Itemized grants FY2024
7
Organizations funded FY2023
29%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$321k
The rest is grants the schedule does not break out
Median grant, FY2024
$30,000
Largest grant, FY2024
$150,000
Organizations funded a year
7 to 18
FY2017 to FY2023
States reached, FY2024
1
Total assets, FY2024
$6.1M

How open it is to new grantees

In FY2023, 29% of the organizations Fund for Our Economic Future of Northeast Ohio funded were first-time grantees, receiving 4% of its grant dollars.

New vs renewed · share of each year

In FY2023, 96% of grant dollars renewed an existing relationship; $38k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
Community ImprovementEmploymentHuman ServicesEducationArts & CultureEnvironmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving6$321k17%
FY20237$1.1M29%
FY202212$4.4M58%
FY20219$1.7M33%
FY202018$964k33%
FY201910$990k70%
FY20188$947k75%
FY20179$2.1Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Employment$12MCommunity Improvement$650kEnvironment$140kHuman Services$88kScience & Tech$85k

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 41 grantees
All grantees of Fund for Our Economic Future of Northeast Ohio by total granted
GranteeTotal grantedYearsShare of their budget
Manufacturing Advocacy & Growth Network Inc$2,901,71168%
Team NEO Foundation$1,530,00074%
Burten Bell Carr Development Inc$1,150,000329%
Greater Cleveland Partnership$1,021,95735%
Youth Opportunities Unlimited$1,000,00018%
Conxusneo$788,000535%
Cleveland Center for Arts and Technology$700,960213%
Bioenterprise Corporation$400,00019%
Economic Growth Foundation$343,20925%
Cuyahoga Community College Foundation$306,98421%
Summit Workforce Solutions$224,0002n/a
Manufacturing Works$175,00025%
Cleveland Culinary Launch Inc$170,000332%
Center for Neighborhood Technology$140,00022%
Stark Economic Development Board Inc$135,00025%
Ohio Aerospace Institute$135,00031%
Community Action Waynemedina$125,00021%
Urban League of Greater Cleveland$120,00014%
Cleveland Citywide Development Corporation$100,00015%
Laketran$100,0002n/a
Akron Metro Regional Transit Authority$100,0002n/a
Northeast Ohio Alliance for Hope$88,040116%
Towards Employment Inc$87,00021%
Akron Development Corporation$80,7941n/a
W E Upjohn Unemployment Trustee Corporation$71,00010%
Child Care Resource Center of Cuyahoga County$60,00020%
The McGregor Foundation$58,00020%
The Youngstown Edison Business Incubator$50,00011%
Policy Matters Ohio$50,00014%
Funders Together to End Homelessnes$40,00012%
Deaconess Foundation$39,90031%
Northeast Ohio Hispanic Chamber of Commerce$30,0001n/a
The Metrohealth Foundation Inc$25,00010%
The Centers for Families and Children$25,00010%
Policybridge Inc$24,00016%
Neighborhood Progress Inc$24,00011%
Greater Akron Chamber$17,50010%
Redbud Software Inc$16,0001n/a
Jumpstart Inc$10,00010%
Downtown Akron Partnership$9,00011%
Brite Energy Innovators$7,50010%

Where it is load-bearing

Fund for Our Economic Future of Northeast Ohio supplied at least a quarter of the budget for 3 of its grantees at some point. The chart plots its 35 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetManufacturing Advocacy & Growth Network Inc: $2,901,711 over 6y, 8.1% of budgetTeam NEO Foundation: $1,530,000 over 7y, 3.5% of budgetBurten Bell Carr Development Inc: $1,150,000 over 3y, 29% of budgetGreater Cleveland Partnership: $1,021,957 over 3y, 4.9% of budgetYouth Opportunities Unlimited: $1,000,000 over 1y, 7.7% of budgetConxusneo: $788,000 over 5y, 35% of budgetCleveland Center for Arts and Technology: $700,960 over 2y, 13% of budgetBioenterprise Corporation: $400,000 over 1y, 9.4% of budgetEconomic Growth Foundation: $343,209 over 2y, 4.5% of budgetCuyahoga Community College Foundation: $306,984 over 2y, 1.0% of budgetManufacturing Works: $175,000 over 2y, 4.8% of budgetCleveland Culinary Launch Inc: $170,000 over 3y, 32% of budgetCenter for Neighborhood Technology: $140,000 over 2y, 2.3% of budgetStark Economic Development Board Inc: $135,000 over 2y, 5.0% of budgetOhio Aerospace Institute: $135,000 over 3y, 0.6% of budgetCommunity Action Waynemedina: $125,000 over 2y, 1.0% of budgetUrban League of Greater Cleveland: $120,000 over 1y, 4.0% of budgetCleveland Citywide Development Corporation: $100,000 over 1y, 4.6% of budgetNortheast Ohio Alliance for Hope: $88,040 over 1y, 16% of budgetTowards Employment Inc: $87,000 over 2y, 1.3% of budgetW E Upjohn Unemployment Trustee Corporation: $71,000 over 1y, 0.4% of budgetChild Care Resource Center of Cuyahoga County: $60,000 over 2y, 0.2% of budgetThe McGregor Foundation: $58,000 over 2y, 0.2% of budgetThe Youngstown Edison Business Incubator: $50,000 over 1y, 1.1% of budgetPolicy Matters Ohio: $50,000 over 1y, 4.1% of budgetFunders Together to End Homelessnes: $40,000 over 1y, 1.6% of budgetDeaconess Foundation: $39,900 over 3y, 0.6% of budgetThe Metrohealth Foundation Inc: $25,000 over 1y, 0.2% of budgetThe Centers for Families and Children: $25,000 over 1y, 0.1% of budgetPolicybridge Inc: $24,000 over 1y, 6.5% of budgetNeighborhood Progress Inc: $24,000 over 1y, 1.3% of budgetGreater Akron Chamber: $17,500 over 1y, 0.3% of budgetJumpstart Inc: $10,000 over 1y, 0.1% of budgetDowntown Akron Partnership: $9,000 over 1y, 0.5% of budgetBrite Energy Innovators: $7,500 over 1y, 0.3% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 35.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Cleveland FoundationOH34× affinity15 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Cleveland Foundation · The George Gund Foundation · Deaconess Foundation · The Swagelok Foundation · Treu Mart Fund · United Way of Greater Cleveland · Higley Fund of the Cleveland Foundation · Sisters of Charity Foundation of Cleveland · The Cleveland Clinic Foundation · The Cleveland Clinic Foundation Group Return · The Char and Chuck Fowler Family Foundation · The Reinberger Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Fund for Our Economic Future of Northeast Ohio with peer funders

About Fund for Our Economic Future of Northeast Ohio

How much does Fund for Our Economic Future of Northeast Ohio give?
Fund for Our Economic Future of Northeast Ohio reported 6 itemized grants totaling $320,500, out of $4,570,927 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 7 and 18 organizations a year over FY2017 to FY2023.
What does Fund for Our Economic Future of Northeast Ohio fund?
By grant dollars over FY2017 to FY2024, its largest causes are Employment (92%), Community Improvement (5%), Environment (1%).
Who are Fund for Our Economic Future of Northeast Ohio's largest grantees?
By total granted over FY2017 to FY2024: Manufacturing Advocacy & Growth Network Inc ($2.9M), Team NEO Foundation ($1.5M), Burten Bell Carr Development Inc ($1.1M).
Does Fund for Our Economic Future of Northeast Ohio fund new organizations?
In FY2023, 29% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Fund for Our Economic Future of Northeast Ohio?
Its strongest co-funders, measured against what their size predicts, include The Cleveland Foundation, The George Gund Foundation, Deaconess Foundation.
Where is Fund for Our Economic Future of Northeast Ohio based?
Fund for Our Economic Future of Northeast Ohio is based in OH.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 43 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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