Ridgecliff Foundation
- Assets
- $8.5m
- Revenue
- $539.7k
- Investments
- $8.5m
- Employees
- 0
- Location
- Fairview Park, OH
- Founding
- 03/1991
- Data as of
- 12/2021
- EIN
- 34-1671405
Organization Overview
Ridgecliff Foundation is located in Fairview Park, OH. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ridgecliff Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ridgecliff Foundation generated $539.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $582.0k during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ridgecliff Foundation has awarded 338 individual grants totaling $4,204,312. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Lidrbauch 1st Vice Pre | 0 | $0 | |
Catherine Rutti Treasurer | 0 | $0 | |
Roberta Taliaferro Trustee | 0 | $0 | |
J David Ingersoll Secretary | 0 | $0 | |
Paul Mchugh President | 0 | $0 | |
Mary Terese Matousek Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $524,938 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,626 |
| Capital Gain Net Income | $12,626 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,139 |
| Total Revenue | $539,703 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,099 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $4,422 |
| Other expenses | $15,720 |
| Total operating and administrative expenses | $44,592 |
| Contributions, gifts, grants paid | $537,406 |
| Total expenses and disbursements | $581,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,097 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,379 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,516,817 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,541,293 |
| Accounts payable and accrued expenses | $3,630 |
| Grants payable | $148,726 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $152,356 |
Grants Awarded
Over the last fiscal year, Ridgecliff Foundation has awarded $764,729 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
THE SALVATION ARMY PURPOSE: LIGHT SUBSTANCE ABUSE RECOVERY PROG | $25,000 |
THE SALVATION ARMY PURPOSE: LIGHT SUBSTAND ABUSE RECOVERY PROG | $25,000 |
Kent, OH PURPOSE: SCHOOL BASED INTERVENTIONS | $18,984 |
CLEVELAND RAPE CRISIS CENTER PURPOSE: TRAUMA AND ADDICTION PROGRAM | $18,500 |
Independence, OH PURPOSE: GREIVING CHILDREN AND TEENS | $17,500 |
Independence, OH PURPOSE: GREIVING CHILDREN AND TEENS | $17,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Dietrich Foundation Pittsburgh, PA | $1,425,693,584 | $93,476,192 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |