SAY YES CLEVELAND SCHOLARSHIP INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SAY YES CLEVELAND SCHOLARSHIP INC (EIN 83-3463932)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-03-27
IRS object ID
202620869349300342
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-03-27T15:44:11-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN340677006PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MALONEY NOVOTNY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11111 SUPERIOR AVE SUITE 700AddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP441142540ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN833463932EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SAY YES CLEVELAND SCHOLARSHIP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSAYYBusinessNameControlTxt
Phone2164545400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16601 EUCLID AVEAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT MARTENSPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2164545400PhoneNum
Signature2026-03-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER B ANDERSONPreparerPersonNm
PTINP00226559PTIN
Phone2163630100PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROBERT MARTENSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16601 EUCLID AVEAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$706,444GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SAYYESCLEVELAND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateOHLegalDomicileStateCd
Activity Or MissionTO PROVIDE POST-SECONDARY TUITION SCHOLARSHIPS TO ELIGIBLE STUDENTS GRADUATING FROM THE CLEVELAND METROPOLITAN SCHOOL DISTRICT AND ITS PARTNERING CHARTER HIGH SCHOOLS. THE ORGANIZATION IS CHARGED WITH OVERSIGHT AND APPROVAL OF POLICIES AND PROCEDURES FOR THIS PROGRAM TO ENSURE THE PROVISION OF SCHOLARSHIPS IS UNIVERSAL, EQUITABLE, AND SUSTAINABLE. THE ORGANIZATION WORKS COLLABORATIVELY WITH THE SAY YES CLEVELAND OPERATING COMMITTEE. THE OPERATING COMMITTEE IS RESPONSIBLE FOR EFFECTIVE IMPLEMENTATION AND SUPPORT FOR THE STUDENT SERVICES COMPONENT OF THE OVERALL SAY YES MISSION.OBJECTIVES OF THE MISSION INCLUDE INCREASING THE EDUCATIONAL LEVEL OF CLEVELAND RESIDENTS, IMPROVING COLLEGE ACCESS FOR MIDDLE AND LOW INCOME FAMILIES IN CLEVELAND, INCREASING THE POPULATION IN THE CITY OF CLEVELAND, AND SPURRING ECONOMIC GROWTH AND EXPANSION IN CLEVELAND THROUGH DEVELOPMENT AND RETENTION OF A HIGH-SKILLED FUTURE WORKFORCE.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$11,616,456PYContributionsGrantsAmt
CY Contributions Grants$706,444CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$11,616,456PYTotalRevenueAmt
CY Total Revenue$706,444CYTotalRevenueAmt
PY Grants And Similar Paid$3,457,683PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,940,064CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,789,528PYOtherExpensesAmt
CY Other Expenses$1,156,254CYOtherExpensesAmt
PY Total Expenses$5,247,211PYTotalExpensesAmt
CY Total Expenses$6,096,318CYTotalExpensesAmt
PY Revenues Less Expenses$6,369,245PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,389,874CYRevenuesLessExpensesAmt
Total Assets BOY$119,339,975TotalAssetsBOYAmt
Total Assets EOY$126,054,780TotalAssetsEOYAmt
Total Liabilities BOY$55,260TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,002TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$119,284,715NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$126,052,778NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF SAY YES CLEVELAND IS TO PARTNER WITH THE CLEVELAND METROPOLITAN SCHOOL DISTRICT (CMSD) TO IMPROVE CLEVELAND'S ECONOMY, NEIGHBORHOODS, AND WORKFORCE OVER THE COMING GENERATIONS BY BRINGING TOGETHER, MOBILIZING, AND TARGETING COMMUNITY RESOURCES TO ADDRESS TWO BARRIERS:- SAY YES CLEVELAND ADDRESSES POST-SECONDARY AFFORDABILITY BY A TUITION SCHOLARSHIP AVAILABLE TO EVERY ELIGIBLE CMSD HIGH SCHOOL GRADUATE TO ATTEND A PUBLIC FOUR-YEAR OR TWO-YEAR INSTITUTION OR ACCREDITED TRAINING PROGRAM.- TO HELP STUDENTS OVERCOME THE SIGNIFICANT CHALLENGES ASSOCIATED WITH MULTI-GENERATIONAL POVERTY - CHALLENGES THAT LEAVE NO ROOM FOR SETBACKS AND OFTEN HINDER POST-SECONDARY PURSUIT OR PERFORMANCE. SAY YES CLEVELAND PROVIDES SUPPORT SERVICES TO STUDENTS FROM PRE-K THROUGH HIGH SCHOOL GRADUATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,875,712ExpenseAmt
Grant$4,940,064GrantAmt
DescSCHOLARSHIP PROGRAM: PROVISION OF POST-SECONDARY TUITION SCHOLARSHIPS TO ELIGIBLE STUDENTS GRADUATING FROM THE CLEVELAND METROPOLITAN SCHOOL DISTRICT AND ITS PARTNERING CHARTER HIGH SCHOOLS.Desc
Total Program Service Expenses$5,875,712TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROBERT MARTENSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2164545400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16601 EUCLD AVEAddressLine1Txt
CityCLEVELANDCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44113ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
LONNIE COLEMAN
BOARD MEMBER2.00Yes (X)$0$0$0
ANDREW CONNORS
BOARD MEMBER2.00Yes (X)$0$0$0
DIANE DOWNING
BOARD MEMBER2.00Yes (X)$0$0$0
TERRI EASON
BOARD MEMBER2.00Yes (X)$0$0$0
DOLORES GARCIA
BOARD MEMBER2.00Yes (X)$0$0$0
MARK HANNA
BOARD MEMBER2.00Yes (X)$0$0$0
ROBERT MARTENS
TREASURER2.00Yes (X)$0$0$0Yes (X)
DREW MARTIN
BOARD MEMBER2.00Yes (X)$0$0$0
ANN MULLIN
BOARD CHAIR2.00Yes (X)$0$0$0Yes (X)
VICTOR RUIZ
SECRETARY2.00Yes (X)$0$0$0Yes (X)
EDDIE TAYLOR JR
BOARD VICE CHAIR2.00Yes (X)$0$0$0Yes (X)
HELEN WILLIAMS
BOARD MEMBER2.00Yes (X)$0$0$0
SHAKORIE DAVIS
BOARD MEMBER2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
COLLEGE NOW OF GREATER CLEVELAND
1500 W 3RD ST STE 125CLEVELANDOH44113PROGRAMMING$826,333
THE CLEVELAND FOUNDATION
6601 EUCLID AVECLEVELANDOH44103INVESTMENT MANAGEMENT$195,989
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$706,444AllOtherContributionsAmt
Total Contributions$706,444TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$706,444TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$4,940,064TotalAmt
Program Services$4,940,064ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$336,250TotalAmt
Program Services$336,250ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,296TotalAmt
Management And General$10,296ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$195,989TotalAmt
Management And General$195,989ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$88,000TotalAmt
Program Services$88,000ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$13,901TotalAmt
Management And General$13,901ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MENTORING PROGRAM$490,083$490,083
ANNUAL DUES$21,315$21,315
BANK FEES$420$420

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,096,318TotalAmt
Program Services$5,875,712ProgramServicesAmt
Management And General$220,606ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,211BOYAmt
EOY$147,733EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,366,296BOYAmt
EOY$1,082,260EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$67,333BOYAmt
EOY$81,210EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$109,904,135BOYAmt
EOY$124,743,577EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$119,339,975BOYAmt
EOY$126,054,780EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$55,260BOYAmt
EOY$2,002EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$55,260BOYAmt
EOY$2,002EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$109,918,419BOYAmt
EOY$124,970,518EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,366,296BOYAmt
EOY$1,082,260EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$119,284,715BOYAmt
EOY$126,052,778EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$119,339,975BOYAmt
EOY$126,054,780EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$5,389,874ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$12,157,937NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,584,149CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,775,644CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,083,564CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,616,456CurrentTaxYearMinus1YearAmt
Current Tax Year$706,444CurrentTaxYearAmt
Total$24,766,257TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,584,149CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,775,644CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,083,564CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,616,456CurrentTaxYearMinus1YearAmt
Current Tax Year$706,444CurrentTaxYearAmt
Total$24,766,257TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,755,675SubstantialContributorsTotAmt
Public Support Total170$20,010,582PublicSupportTotal170Amt
Total Support$24,766,257TotalSupportAmt
Public Support CY1700.80800PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescBENEFICIAL INTEREST IN ASSETS HELD BY THE CLEVELAND FOUNDATIONDesc
Book Value$124,743,577BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$124,743,577TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$12,864,381TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$12,157,937NetUnrealizedGainsInvstAmt
Revenue Not Reported$12,157,937RevenueNotReportedAmt
Revenue Subtotal$706,444RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$706,444TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,096,318TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$6,096,318ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,096,318TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient1508RecipientCnt
Cash Grant$4,940,064CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationMONITORING USE OF GRANT FUNDS - STUDENTS ELIGIBLE FOR SCHOLARSHIP AWARDS MUST BE CONTINUOUSLY ENROLLED IN THE CLEVELAND METROPOLITAN SCHOOL DISTRICT (OR A PARTNER CHARTER HIGH SCHOOL) FROM GRADE NINE THROUGH HIGH SCHOOL GRADUATION. STUDENTS MUST ALSO LIVE CONTINUOUSLY WITHIN THE CITY OF CLEVELAND (OR ONE OF THE AREAS SERVED BY THE CLEVELAND METROPOLITAN SCHOOL DISTRICT) FROM GRADE NINE THROUGH HIGH SCHOOL GRADUATION TO BE ELIGIBLE. FOR STUDENTS WHO ARE AWARDED A SCHOLARSHIP, A REQUEST IS SENT TO THE ELIGIBLE POST-SECONDARY EDUCATIONAL INSTITUTION THE STUDENT HAS CHOSEN TO ATTEND CONFIRMING ENROLLMENT ALONG WITH TUITION AND FEE INFORMATION. SAY YES AWARDS ARE THEN CONFIRMED WITH THE EDUCATIONAL INSTITUTION. AN INVOICE IS DRAFTED AND SENT TO THE SCHOLARSHIP BOARD FOR REVIEW AND APPROVAL. ONCE APPROVED, THE FUNDS ARE RELEASED TO COLLEGE NOW FOR PAYMENT DIRECTLY TO THE SCHOLARSHIP RECIPIENT'S ACCOUNT WITH THE EDUCATIONAL INSTITUTION. COLLEGE NOW KEEPS RECORDS OF ALL STUDENT ENROLLMENT INFORMATION RECEIVED FROM INSTITUTIONS AND PAYMENTS MADE FOR A PERIOD OF SEVEN YEARS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BREVIEW OF FORM 990 - THE BOARD REVIEWS FORM 990 WITH THE ASSISTANCE OF THE OUTSIDE PUBLIC ACCOUNTING FIRM THAT PREPARES THE FILING.
FORM 990, PART VI, SECTION B, LINE 12CMONITORING AND ENFORCEMENT OF CONFLICT POLICY - BOARD MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS ANNUALLY. IF A POTENTIAL CONFLICT ARISES, THE PERSON WITH THE CONFLICT IS NOT PERMITTED TO PARTICIPATE IN THE DISCUSSION OR TO VOTE ON THE TRANSACTION. THE DECISION ON THE TRANSACTION IS MADE IN THE BEST INTEREST OF THE ORGANIZATION BY BOARD MEMBERS WHO ARE INDEPENDENT OF THE PERSON WITH THE CONFLICT.
FORM 990, PART VI, SECTION C, LINE 19AVAILABILITY OF DOCUMENTS - THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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