2021-11-14T22:14:57-06:00 2020-12-31 990 2020-01-01 341784955 HIGLEY FUND OF THE CLEVELAND FOUNDATION HIGL 2168613810 1422 EUCLID AVE NO 1300 CLEVELAND OH 441152063 ROSANNE POTTER TREASURER 2168613810 2021-11-14 0 ROSANNE POTTER 999009999 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z SHARON HIGLEY WATTS 1422 EUCLID AVE NO 1300 CLEVELAND OH 441152063 24113126 0 X N/A X 1994 OH THE ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, AND TO CARRY OUT THE CHARITABLE AND EDUCATIONAL FUNCTIONS OF THE CLEVELAND FOUNDATION. 5 5 0 5 0 0 0 0 0 0 1495590 999042 0 0 1495590 999042 1774977 2098569 0 0 0 0 0 0 0 366267 380579 2141244 2479148 -645654 -1480106 38823267 42268433 0 0 38823267 42268433 THE ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, AND TO CARRY OUT THE CHARITABLE AND EDUCATIONAL FUNCTIONS OF THE CLEVELAND FOUNDATION. 0 0 2098569 2098569 GRANTMAKING FOR OR ON BEHALF OF THE CLEVELAND FOUNDATION TO SUPPORT THE CLEVELAND FOUNDATION OR TO CARRY OUT THE CHARITABLE AND EDUCATIONAL FUNCTIONS OF THE CLEVELAND FOUNDATION. 2098569 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 1 1 0 0 0 OH X X ROSANNE POTTER 2168613810 1422 EUCLID AVE SUITE 1300 CLEVELAND OH 441152001 X SHARON HIGLEY WATTS PRESIDENT 1.00 X 0 0 0 DOUG WANG FIRST VICE PRESIDENT & TRUSTEE 0.50 X 0 0 0 PATRICIA NOBILI VICE PRESIDENT & TRUSTEE 0.50 X 0 0 0 JEFF LINTON VICE PRESIDENT & TRUSTEE 0.50 X 0 0 0 BRIAN BROADBENT EFF 51120 VICE PRESIDENT & TRUSTEE 0.50 X 0 0 0 GINGER F MLAKAR SECRETARY 0.50 X 0 167863 43920 ROSANNE POTTER TREASURER 0.50 X 0 283234 40474 0 451097 84394 0 0 1 0 0 836491 836491 23276635 23114084 162551 162551 162551 999042 0 0 999042 X 2098569 2098569 196488 196488 SEE SCHEDULE O 183891 183891 200 200 2479148 2098569 380579 0 312136 1334888 18308056 16416439 20203075 24517106 38823267 42268433 0 0 X 38823267 42268433 38823267 42268433 38823267 42268433 -1480106 4925272 0 X X 0 1 X 1 0 X X 1 CLEVELAND FOUNDATION 340714588 8 1 283891 0 1 283891 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 6 THE HIGLEY FUND OF THE CLEVELAND MAKES GRANTS FOR OR ON BEHALF OF THE CLEVELAND FOUNDATION THAT BENEFIT OR CARRY OUT THE PUBLIC CHARITABLE AND EDUCATIONAL USES AND PURPOSES OF THE CLEVELAND FOUNDATION. THE HIGLEY FUND SUPPORTS THE SAME CHARITABLE ORGANIZATIONS SUPPORTED BY THE CLEVELAND FOUNDATION. ALL GRANTS MUST BE MADE TO ORGANIZATIONS DESCRIBED IN SECTION 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE. DURING 2020, THE HIGLEY FUND MADE GRANTS TOTALING $2,098,569 TO CHARITABLE ORGANIZATIONS. POTENTIAL GRANTEE ORGANIZATIONS CAN REQUEST FUNDING FROM THE HIGLEY FUND BY USING THE APPLICATION PROCESS ON THE CLEVELAND FOUNDATION'S WEBSITE. DECISIONS AS TO THE GRANTEES, AMOUNTS, AND PURPOSES OF GRANTS ARE DETERMINED BY THE BOARD OF THE HIGLEY FUND, A MAJORITY OF WHOM ARE APPOINTED BY THE CLEVELAND FOUNDATION. 0 ABSOLUTE RETURN 1111197 F HEDGED EQUITY 9794578 F PRIVATE EQUITY 3388148 F REAL ASSETS 605479 F COMMON TRUST FUNDS 7454403 F OTHER 2163301 F 24517106 1 ACHIEVEMENT CENTERS FOR CHILDREN 4255 NORTHFIELD ROAD HIGHLAND HILLS OH 44128 340714766 501 C 3 17500 N/A GENERAL SUPPORT AMERICAN RED CROSS NORTHEAST OHIO CHAPTER 3747 EUCLID AVE CLEVELAND OH 441152596 530196605 501 C 3 20000 N/A GENERAL SUPPORT BELIEVE IN DREAMS 23245B MERCANTILE ROAD CLEVELAND OH 44122 471382653 501 C 3 15000 N/A GROWING THE DREAM BOYS AND GIRLS CLUBS OF NORTHEAST OHIO 6114 BROADWAY AVE CLEVELAND OH 44127 341856214 501 C 3 17500 N/A HEALTHY LIFESTYLES FOR CLEVELAND YOUTH BOYS HOPE GIRLS HOPE NORTHEASTERN OHIO 9619 GARFIELD BLVD GARFIELD HTS OH 44125 341534921 501 C 3 20000 N/A RENEWED SUPPORT OF THE FOOD AND NUTRITION NEEDS OF BOYS HOPE GIRLS HOPE SCHOLARS BUILDING HOPE IN THE CITY PO BOX 93568 CLEVELAND OH 441015568 331072830 501 C 3 15000 N/A THE HOPE CENTER FOR REFUGEES AND IMMIGRANTS BUSINESS VOLUNTEERS UNLIMITED 1300 E 9TH ST STE 1220 CLEVELAND OH 44114 341724581 501 C 3 15000 N/A GENERAL SUPPORT CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVE ADELBERT HALL RM 216 CLEVELAND OH 441067008 341018992 501 C 3 135000 N/A MILDRED S. HIGLEY SCHOLARSHIP FUND CHILDREN'S MUSEUM OF CLEVELAND 3813 EUCLID AVE CLEVELAND OH 44115 341360267 501 C 3 10000 N/A MUSEUM FOR ALL CHN HOUSING PARTNERS 2999 PAYNE AVE CLEVELAND OH 44114 341346763 501 C 3 20000 N/A CATALYSTS FOR COMMUNITY IMPACT: EXPANDING ACCESS TO HOMEOWNERSHIP OPPORTUNITIES CITY MISSION 5310 CARNEGIE AVE CLEVELAND OH 44103 340760586 501 C 3 30000 N/A LAURA'S HOME WOMEN'S CRISIS CENTER, THE CITY MISSION'S (TCM'S) WOMEN AND CHILDREN'S CRISIS CENTER, ON CLEVELAND'S WEST SIDE. CITY YEAR INC 3615 SUPERIOR AVE BLDG 44 STE 44-2B 44-2B CLEVELAND OH 44114 222882549 501 C 3 20000 N/A WHOLE SCHOOL WHOLE CHILD AND RECONNECTING STUDENTS CLEVELAND CHRISTIAN HOME 4614 PROSPECT AVE E RM 240 CLEVELAND OH 44103 340733131 501 C 3 15000 N/A INTENSIVE RESIDENTIAL TREATMENT CLEVELAND INSTITUTE OF MUSIC 11021 E BLVD CLEVELAND OH 44106 340714600 501 C 3 10000 N/A GENERAL SUPPORT CLEVELAND RAPE CRISIS CENTER 1228 EUCLID AVE STE 200 CLEVELAND OH 44115 510164315 501 C 3 184025 N/A THERE'S AN APP FOR THAT: PREVENTING SEXUAL ASSAULT THROUGH EDUCATION AND OUTREACH DOMESTIC VIOLENCE & CHILD ADVOCACY CENTER DBA JOURNEY CENTER FOR SAFETY AND PO BOX 5466 CLEVELAND OH 44101 341278377 501 C 3 20000 N/A EMERGENCY DOMESTIC VIOLENCE SHELTER DOWNTOWN CLEVELAND ALLIANCE 1010 EUCLID AVE STE 300 CLEVELAND OH 44115 341775903 501 C 3 10000 N/A DOWNTOWN CLEVELAND HOMELESS FUND THE EDNA HOUSE FOR WOMEN INC 2007 W 65TH ST CLEVELAND OH 44102 141912872 501 C 3 10000 N/A STRUCTURED SOBER LIVING FOR WOMEN RECOVERING FROM ADDICTION TO ALCOHOL AND DRUGS ELIZA BRYANT VILLAGE 7201 WADE PARK AVE CLEVELAND OH 44103 340715816 501 C 3 25000 N/A SAFETY FOR SENIORS: ELIZA BRYANT VILLAGE EDUCATIONAL SERVICE CENTER OF NORTHEAST OHIO 6393 OAK TREE BLVD STE 300 INDEPENDENCE OH 44131 346000814 GOVERNMENT 10000 N/A PRE4CLE ESPERANZA INC 3104 W 25TH ST 4TH FLOOR CLEVELAND OH 44109 341403492 501 C 3 20000 N/A ACADEMIC ENRICHMENT AND SUPPORT PROGRAMS FOR HISPANIC YOUTH FAMICOS FOUNDATION INC 1325 ANSEL ROAD CLEVELAND OH 44106 341053534 501 C 3 15000 N/A EVICTION PREVENTION PROGRAM FOR GLENVILLE, HOUGH, AND ST. CLAIR SUPERIOR FAMILY PROMISE OF GREATER CLEVELAND 3470 E 152ND ST CLEVELAND OH 44120 341598710 501 C 3 28000 N/A GENERAL SUPPORT FOCUS NORTH AMERICA PO BOX 932612 CLEVELAND OH 44193 264427803 501 C 3 10000 N/A SUPPORT FOR MEN'S HOMELESS SHELTER & COMMUNITY BASIC NEEDS GARFIELD HUMAN DEVELOPMENT CORPORATION 9403 GARFIELD BLVD GARFIELD HTS OH 44125 474881829 501 C 3 20000 N/A COVID-19 REQUEST FOR FUNDS GREATER CLEVELAND FOOD BANK INC 15500 S WATERLOO ROAD CLEVELAND OH 44110 341292848 501 C 3 30000 N/A EXPANSION OF SENIOR NUTRITION INITIATIVES HANNA PERKINS SCHOOL 19910 MALVERN ROAD SHAKER HTS OH 441222823 341269765 501 C 3 10000 N/A HANNA PERKINS CENTER HADDEN CLINIC FOR FAMILIES AND CHILDREN ACCESS TO CARE JOSEPH'S HOME 2412 COMMUNITY COLLEGE AVE CLEVELAND OH 44115 341901676 501 C 3 12544 N/A BEHAVIORAL HEALTH SUPPORT - BRIDGE FUNDING LAKE VIEW CEMETERY FOUNDATION 12316 EUCLID AVE CLEVELAND OH 441064393 341429875 501 C 3 10000 N/A GENERAL SUPPORT LESBIAN GAY BISEXUAL TRANSGENDER COMMUNITY CENTER 6705 DETROIT AVE CLEVELAND OH 44102 341190920 501 C 3 15000 N/A LGBT CENTER: NUTRITION PROGRAM FOR VULNERABLE POPULATIONS LIFEACT 210 BELL ST CHAGRIN FALLS OH 44022 341724365 501 C 3 7500 N/A SUICIDE PREVENTION CLASSROOM PROGRAMS -GRADES 6-12 LITTLEST HEROES INC PO BOX 470188 CLEVELAND OH 44147 341902565 501 C 3 7500 N/A FINANCIAL ASSISTANCE FOR FAMILIES BATTLING CHILDHOOD CANCER MANUFACTURING ADVOCACY & GROWTH NETWORK INC (MAGNET) 1768 E 25 ST CLEVELAND OH 441144420 341455043 501 C 3 10000 N/A ENSURING A SUCCESSFUL FUTURE FOR CMSD STUDENTS AFTER THE PANDEMIC MALACHI HOUSE INC 2810 CLINTON AVE CLEVELAND OH 44113 341598707 501 C 3 25000 N/A RESIDENTIAL CARE FOR TERMINALLY ILL LOW-INCOME AND HOMELESS POPULATIONS NEAR WEST SIDE MULTI-SERVICE CORPORATION DBA THE MAY DUGAN CENTER 4115 BRIDGE AVE CLEVELAND OH 44113 237061949 501 C 3 265000 N/A FOOD, CLOTHING, AND FRESH PRODUCE 2020 METANOIA PROJECT INC PO BOX 93453 CLEVELAND OH 44101 262788076 501 C 3 12000 N/A SUPPORT AND HOPE FOR CLEVELAND'S UNSHELTERED HOMELESS METROHEALTH FOUNDATION INC 2500 METROHEALTH DR TOWERS 135A CLEVELAND OH 44109 346607695 501 C 3 112500 N/A METROHEALTH TRANSFORMATION INITIATIVES NAMI GREATER CLEVELAND 2012 W 25 ST 7TH FLOOR 705 CLEVELAND OH 44113 202254268 501 C 3 10000 N/A PEER AND FAMILY SERVICES - MENTAL HEALTH NEIGHBORHOOD HEALTH CARE INCORPORATED DBA NEIGHBORHOOD FAMILY PRACTICE 4115 BRIDGE AVE STE 200 CLEVELAND OH 44113 341300581 501 C 3 10000 N/A REMOVING LANGUAGE BARRIERS TO IMPROVE OUTCOMES FOR PREGNANT WOMEN AND BABIES OGLEBAY FOUNDATION INC ROUTE 88 NORTH OGLEBAY PARK WHEELING WV 26003 550750128 501 C 3 7500 N/A GENERAL SUPPORT OPEN DOORS INC DBA OPEN DOORS ACADEMY BLDG 42 6TH FLOOR 1427 E 36 ST STE 4206A CLEVELAND OH 44114 043697716 501 C 3 10000 N/A GENERAL SUPPORT PASSAGES CONNECTING FATHERS AND SONS INC 4600 CARNEGIE AVE CLEVELAND OH 44103 510455278 501 C 3 25000 N/A FAMILY RESILIENCY PROGRAMMING PLANNED PARENTHOOD OF GREATER OHIO 206 E STATE ST COLUMBUS OH 43215 341015976 501 C 3 25000 N/A PROMOTING HEALTH CARE ACCESS FOR UNINSURED AND UNDERINSURED PATIENTS AT CUYAHOGA COUNTY HEALTH CENTERS PRETERM CLEVELAND INC 12000 SHAKER BLVD CLEVELAND OH 441201926 237314836 501 C 3 15000 N/A KEEPING REPRODUCTIVE HEALTHCARE ACCESSIBLE AMID A NATIONAL HEALTH CRISIS PROVIDENCE HOUSE INC 2050 W 32 ST CLEVELAND OH 44113 341336325 501 C 3 29000 N/A SUPPORT FOR THE PROVIDENCE HOUSE PEDIATRIC CRISIS NURSERY RECOVERY RESOURCES 3950 CHESTER AVE CLEVELAND OH 44114 341211116 501 C 3 30000 N/A CAPITAL IMPROVEMENTS TO PROVIDE SAFE SUPPORTIVE HOUSING SAINT MARTIN DE PORRES HIGH SCHOOL 6202 ST CLAIR AVE CLEVELAND OH 44103 522401852 501 C 3 20000 N/A TUITION ASSISTANCE TO SUPPORT OUR STUDENTS SALVATION ARMY 2507 E 22ND ST CLEVELAND OH 44115 135562351 501 C 3 25000 N/A EMERGENCY FOOD PROGRAM SCRANTON ROAD MINISTRIES COMMUNITY DEVELOPMENT CORPORATION 3095 SCRANTON ROAD CLEVELAND OH 44113 341973348 501 C 3 12500 N/A YOUTH JOBS PARTNERSHIP SEMACH SEDEK RIAS KOSHER FOOD PANTRY 2004 S GREEN RD SOUTH EUCLID OH 44121 341754767 501 C 3 10000 N/A EMERGENCY FOOD RELIEF FOR FAMILIES AND CHILDREN SHOES AND CLOTHES FOR KIDS INC 3500 LORAIN AVE STE 301 CLEVELAND OH 44113 341554285 501 C 3 100000 N/A SC4K/FRENCH TOAST CLASSROOM GUARANTEE PILOT PROGRAM SPANISH AMERICAN COMMITTEE FOR A BETTER COMMUNITY 4407 LORAIN AVE CLEVELAND OH 44113 341028559 501 C 3 25000 N/A LATINO CONSTRUCTION PROGRAM SUPPORT STELLA MARIS INC 1320 WASHINGTON AVE CLEVELAND OH 441132384 340896181 501 C 3 200000 N/A THE BUILDING CAMPAIGN TO REBUILD MORE LIVES TOWARDS EMPLOYMENT INCORPORATED 1255 EUCLID AVE STE 300 CLEVELAND OH 441151807 341578831 501 C 3 25000 N/A CAREER PATHWAYS: INCREASING SKILLS AND INCOME CUYAHOGA COMMUNITY COLLEGE FOUNDATION 700 CARNEGIE AVE CLEVELAND OH 44115 237320719 501 C 3 20000 N/A TRI-C YOUTH TECHNOLOGY ACADEMY UNIVERSITY SETTLEMENT INC 4800 BROADWAY AVE CLEVELAND OH 441271012 340714776 501 C 3 25000 N/A HIGLEY HUNGER CENTER PROPOSAL 2020 URSULINE PIAZZA 7801 DETROIT AVE CLEVELAND OH 44102 371655740 501 C 3 10000 N/A FOOD & OVER-THE-COUNTER MEDICATION FOR LOW-INCOME HIV-POSITIVE INDIVIDUALS WEST SIDE CATHOLIC CENTER 3135 LORAIN AVE CLEVELAND OH 44113 341244687 501 C 3 15000 N/A RESOURCE CENTER BASIC NEEDS SERVICES YOUTH OPPORTUNITIES UNLIMITED 1228 EUCLID AVE STE 200 CLEVELAND OH 44115 341381135 501 C 3 25000 N/A JOBS FOR OHIO'S GRADUATES (JOG) YWCA OF CLEVELAND OHIO 4019 PROSPECT AVE CLEVELAND OH 44103 340714800 501 C 3 20000 N/A HIGLEY FUND NURTURING INDEPENDENCE IN FORMER FOSTER YOUTH DURING COVID-19 THE CLEVELAND FOUNDATION (INC) 1422 EUCLID AVENUE SUITE 1300 CLEVELAND OH 44115 340714588 501 C 3 100000 N/A I/A GRANT TO 332470 - GREATER CLEVELAND COVID-19 RAPID RESPONSE FUND; PURPOSE: GENERAL SUPPORT 60 1 FORM 990, SCHEDULE I, PART I THE FUND REQUIRES GRANT RECIPIENTS TO SUBMIT SCHEDULED NARRATIVE AND FINANCIAL PROGRESS REPORTS ON ACTIVITY RELATED TO THE GRANT ON THE FUND'S GRANT REPORTING FORMS, AS SCHEDULED IN THEIR GRANT AWARD LETTER. GRANT REPORTS ARE AN INTEGRAL PART OF OUR MONITORING AND EVALUATION PROCESS. THE REPORTS ARE REVIEWED BY THE CLEVELAND FOUNDATION STAFF WHO FOLLOW-UP WITH THE FUND'S DIRECTORS IF THERE ARE QUESTIONS OR ISSUES IDENTIFIED BY THIS REVIEW. WE HAVE FOUND THESE FORMS SERVE AS A VALUABLE LEARNING TOOL FOR THE CLEVELAND FOUNDATION STAFF AND THE GRANTEE ORGANIZATION. A CLOSING EVALUATION IS PERFORMED ONCE THE FINAL REPORT IS COMPLETE. 0 0 0 0 0 0 0 0 0 ROSANNE POTTER TREASURER 0 279670 0 0 0 3564 0 33845 0 6629 0 323708 0 0 GINGER F MLAKAR SECRETARY 0 166315 0 0 0 1548 0 17876 0 26044 0 211783 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE HIGLEY FUND IS AN OHIO NONPROFIT CORPORATION. AS SUCH, IT HAS MEMBERS WHO HAVE THE RIGHT UNDER OHIO STATE LAW AND THE ORGANIZING INSTRUMENTS OF THE CORPORATION TO PARTICIPATE IN ITS GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A THE HIGLEY FUND HAS TWO CLASSES OF MEMBERS, PUBLIC MEMBERS, AND DONOR MEMBERS, WHO APPOINT THE ORGANIZATION'S BOARD OF TRUSTEES. THE PUBLIC MEMBER OF THE HIGLEY FUND IS THE CLEVELAND FOUNDATION. THE PUBLIC MEMBER IS ENTITLED TO ELECT THREE (3) TRUSTEES, WHICH CONSTITUTES A MAJORITY OF THE ORGANIZATION'S TOTAL NUMBER OF FIVE (5) TRUSTEES. THE DONOR MEMBER OR AN INDIVIDUAL APPOINTED BY THE DONOR MEMBER IS ENTITLED TO ELECT TWO (2) TRUSTEES, OR A MINORITY OF THE ORGANIZATION'S TOTAL NUMBER OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 8A: UNDER THE OHIO NONPROFIT CORPORATION LAW, MEMBERS HAVE THE ABILITY TO APPROVE CERTAIN KEY ACTIONS UNDERTAKEN BY A NONPROFIT CORPORATION INCLUDING MERGER OF THE CORPORATION, SALE, TRANSFER, OR OTHER DISPOSITION OF SUBSTANTIALLY ALL THE ASSETS OF THE CORPORATION, AMENDMENT OF THE CORPORATION'S ARTICLES OF INCORPORATION OR CODE OF REGULATIONS AND DISSOLUTION OF THE CORPORATION, AMONG OTHERS. THE MEMBERS OF THE HIGLEY FUND HAVE NO ADDITIONAL SPECIAL RIGHTS OF APPROVAL OF THE ACTIONS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 8B THE HIGLEY FUND HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B STAFF OF THE CLEVELAND FOUNDATION PREPARES THE FORM 990. THE FORM 990 IS REVIEWED BY AN OFFICER OF THE CLEVELAND FOUNDATION AND ONE OR MORE OFFICERS AND TRUSTEES OF THE HIGLEY FUND. FORM 990, PART VI, SECTION B, LINE 12C LINE 12A, 12B, 12C, 13 AND 14: THE HIGLEY FUND IS A SUPPORTING ORGANIZATION OF THE CLEVELAND FOUNDATION. ACTIVITIES OF THE CLEVELAND FOUNDATION'S SUPPORTING ORGANIZATIONS ARE SUBJECT TO POLICIES FOR SUPPORTING ORGANIZATIONS THE CLEVELAND FOUNDATION HAS IN EFFECT FROM TIME TO TIME TO ENSURE ITS SUPPORTING ORGANIZATIONS OPERATE IN A MANNER CONSISTENT WITH GOVERNING TAX EXEMPTION PRINCIPLES. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, SUPPORTING ORGANIZATIONS ARE REQUIRED TO FOLLOW EACH OF THE CONFLICT OF INTEREST, DOCUMENT RENTENTION, AND WHISTLEBLOWER POLICIES MAINTAINED BY THE CLEVELAND FOUNDATION, UNLESS THE BOARD OF THE SUPPORTING ORGANIZATION (WHICH IN ALL CASES IS CONTROLLED BY THE CLEVELAND FOUNDATION) ADOPTS A FUNCTIONALLY EQUIVALENT POLICY EXPRESSLY IN PLACE IN ONE OF THE FOREGOING POLICIES. THE HIGLEY FUND FOLLOWS THESE POLICIES OF THE CLEVELAND FOUNDATION. EXCEPT IN THE LIMITED CASES NOTED BELOW, TRUSTEES AND OFFICERS WITH A CONFLICT OF INTEREST UNDER THE POLICY, MUST (I) DISCLOSE THEIR POTENTIAL CONFLICT OF INTEREST AT THE MEETING; (II) PRESENT ANY RELEVANT INFORMATION CONCERNING THE MATTER INVOLVING THE CONFLICT, IF REQUESTED; AND (III) RECUSE THEMSELVES FROM THE MEETING FOR THE DISCUSSION AND VOTE ON THE MATTER PRESENTING THE CONFLICT. IN LIMITED CASES INVOLVING THE APPROVAL OF GRANT DISTRIBUTIONS WHERE TRUSTEES OR OFFICERS HAVE CERTAIN LIMITED POTENTIAL CONFLICTS OF INTEREST WITH A PROPOSED GRANT RECIPIENT, THE TRUSTEE OR OFFICERS MUST: (I) DISCLOSE THEIR POTENTIAL CONFLICT OF INTEREST AT THE MEETING; AND (II) ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 A AND B: THE HIGLEY FUND HAS NO EMPLOYEES AND DOES NOT COMPENSATE ITS TRUSTEES AND THEREFORE DOES NOT MAINTAIN A PROCESS FOR DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE HIGLEY FUND IS A SUPPORTING ORGANIZATION OF THE CLEVELAND FOUNDATION. PER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE CLEVELAND FOUNDATION FINANCIAL STATEMENTS ARE PREPARED AND AUDITED ON A CONSOLIDATED BASIS AND INCLUDE THE SUPPORTING ORGANIZATIONS. THE SUPPORTING ORGANIZATIONS ARE RECOGNIZED IN THE FOOTNOTES DISCLOSURE IN THE STATEMENTS. THE CLEVELAND FOUNDATION CONSOLIDATED FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW ON THE FOUNDATION'S WEBSITE. THE HIGLEY FUND FORM 990 IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART VII, LINE 1A, COLUMNS (E) & (F) THE HIGLEY FUND IS A SUPPORTING ORGANIZATION OF THE CLEVELAND FOUNDATION. CONSEQUENTLY, SOME OF ITS OFFICERS ARE EMPLOYEES OF THE CLEVELAND FOUNDATION, COMPENSATED BY THE CLEVELAND FOUNDATION. FORM 990, PART IX, LINE 24A PAYMENT TO DEFRAY OPERATIONAL COSTS PAID BY SUPPORTING ORGANIZATIONS: BACK OFFICE SUPPORT, SUCH AS, ACCOUNTING, FINANCIAL, AND TAX REPORTING. THE CLEVELAND FOUNDATION 1422 EUCLID AVE SUITE 1300 CLEVELAND OH 44115 340714588 COMMUNITY GRANTMAKING OH 501(C)(3) 8 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 THE CLEVELAND FOUNDATION B 100000 CASH THE CLEVELAND FOUNDATION P 183891 CASH