Sisters Of Charity Foundation Of Cleveland is located in Cleveland, OH. The organization was established in 1946. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sisters Of Charity Foundation Of Cleveland 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, Sisters Of Charity Foundation Of Cleveland generated $3.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $4.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Sisters Of Charity Foundation Of Cleveland has awarded 303 individual grants totaling $9,253,352. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE MISSION AND MINISTRY OF THE SISTERS OF CHARITY OF ST. AUGUSTINE BY ADDRESSING THE NEEDS OF THE POOR AND UNDERSERVED THROUGH PROGRAMS THAT PROMOTE HEALTH, EDUCATION, AND SOCIAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH GRANTMAKING, COLLABORATION, ADVOCACY AND MORE, THE SISTERS OF CHARITY FOUNDATION OF CLEVELAND WORKS TO IMPROVE THE LIVES OF THOSE MOST IN NEED WITH SPECIAL ATTENTION TO FAMILIES, WOMEN AND CHILDREN LIVING IN POVERTY. THE FOUNDATION WORKS TO END HEALTH DISPARITIES AND IMPROVE EDUCATIONAL OPPORTUNITIES IN CUYAHOGA COUNTY. AS A CATHOLIC ORGANIZATION, THE FOUNDATION EXTENDS THE VALUES OF JESUS CHRIST THROUGH THE MISSION OF ITS FOUNDERS - THE SISTERS OF CHARITY OF ST. AUGUSTINE - AND ALSO WORKS TO SUSTAIN THE MINISTRIES OF WOMEN RELIGIOUS.
THE WORK OF SCFC CONTINUES TO FOCUS ON ENDING HOMELESSNESS IN CUYAHOGA COUNTY. SINCE THE FIRST HOUSING FIRST PROJECT OPENED IN 2006, CUYAHOGA COUNTY HAS SEEN A 80% DECREASE IN THE RATE OF CHRONIC HOMELESSNESS. THE INITIATIVE OPENED THE 13TH PERMANENT SUPPORTIVE HOUSING BUILDING IN OCTOBER 2020. IN 2014, THE FOUNDATION CONVENED A NEW INITIATIVE, A PLACE 4 ME, TO COORDINATE A COMMUNITY RESPONSE FOR PREVENTING AND ENDING HOMELESSNESS AMONG YOUTH AND YOUNG ADULTS. THE INITIATIVE INCLUDES PUBLIC AND PRIVATE PARTNERS AND COLLABORATES WITH YOUNG PEOPLE WITH LIVED EXPERIENCE OF HOMELESSNESS TO DEVELOP NEW APPROACHES TO BETTER SERVE HOMELESS YOUTH.
THE SCFC WORKS TO IMPROVE EDUCATIONAL OPPORTUNITIES IN CLEVELAND'S CENTRAL NEIGHBORHOOD. SCFC IS THE LEAD CONVENER OF THE CLEVELAND CENTRAL PROMISE NEIGHBORHOOD WHICH IS A COLLECTIVE IMPACT INITIATIVE THAT WORKS TO TRANSFORM THE EDUCATIONAL AND DEVELOPMENTAL OUTCOMES OF CHILDREN AND FAMILIES IN THE CENTRAL NEIGHBORHOOD. PROMISE DEVELOPS AN ENVIRONMENT AND CULTURE WHERE FAMILIES FEEL SUPPORTED SO THEIR CHILDREN CAN ACHIEVE ACADEMIC, AND ULTIMATELY, CAREER SUCCESS. PROMISE OPERATES WITH CENTRAL RESIDENTS AT THE FOREFRONT, BELIEVING THEY ARE THE ONES WHO HAVE THE BIGGEST IMPACT IN LEADING THEIR NEIGHBORHOOD. PROMISE ENGAGES RESIDENTS BY PROVIDING LEADERSHIP TRAINING, RESOURCE INFORMATION, AND TOOLS TO SUPPORT THEM IN CONNECTING AND SHARING WITH THEIR NEIGHBORS THOSE OPPORTUNITIES THAT PROVIDE QUALITY LEARNING FOR THEIR CHILDREN. PROMISE ALSO PARTNERS WITH THE NONPROFITS, EARLY CHILDHOOD CARE PROVIDERS, SCHOOLS, PUBLIC HOUSING, LIBRARIES, AND BUSINESSES THAT PROVIDE DIRECT RESOURCES TO FAMILIES TO ENSURE THEIR EFFECTIVENESS THROUGH COMMUNICATION AND COLLABORATION. IT ALSO SEEKS TO IDENTIFY GAPS THAT CAN BE FILLED BY THESE PARTNERS OR OTHERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Judge Michael John Ryan Chair | OfficerTrustee | 1 | $0 |
Woodrow Whitlow PHD First Vice Chair | OfficerTrustee | 1 | $0 |
Joseph Gibbons Treasurer | OfficerTrustee | 1 | $0 |
Sean Hennessy Second Vice Chair | OfficerTrustee | 1 | $0 |
Christy Bykowski Secretary | OfficerTrustee | 1 | $0 |
Melissa J Rogers Assistant Treasurer | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $291,821 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $291,821 |
Total Program Service Revenue | $0 |
Investment income | $826,341 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,582,153 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,700,315 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,094,317 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $148,698 |
Compensation of current officers, directors, key employees. | $37,175 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $933,960 |
Pension plan accruals and contributions | $78,077 |
Other employee benefits | $93,158 |
Payroll taxes | $73,865 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,112 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $356,175 |
Fees for services: Other | $91,767 |
Advertising and promotion | $0 |
Office expenses | $7,468 |
Information technology | $29,712 |
Royalties | $0 |
Occupancy | $70,921 |
Travel | $620 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $18,008 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,451 |
Insurance | $2,129 |
All other expenses | $23,377 |
Total functional expenses | $4,832,926 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $244,500 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $56,394 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $9,027 |
Net Land, buildings, and equipment | $21,777 |
Investments—publicly traded securities | $103,949,721 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $104,281,419 |
Accounts payable and accrued expenses | $140,050 |
Grants payable | $269,958 |
Deferred revenue | $114,500 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $524,508 |
Net assets without donor restrictions | $103,254,912 |
Net assets with donor restrictions | $501,999 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $104,281,419 |
Over the last fiscal year, Sisters Of Charity Foundation Of Cleveland has awarded $1,935,227 in support to 63 organizations.
Grant Recipient | Amount |
---|---|
Columbia, MD PURPOSE: Housing First | $140,000 |
Cleveland, OH PURPOSE: Youth Homelessness | $131,500 |
Cleveland, OH PURPOSE: New Opportunities | $128,000 |
Cleveland, OH PURPOSE: Collaborative Relationship & Community Efforts | $124,800 |
Cleveland, OH PURPOSE: Collaborative Relationship & Community Efforts | $77,600 |
Washington, DC PURPOSE: New Opportunities | $70,000 |
Over the last fiscal year, we have identified 5 grants that Sisters Of Charity Foundation Of Cleveland has recieved totaling $235,447.
Awarding Organization | Amount |
---|---|
William J & Dorothy K Oneill Foundation Inc Cleveland, OH PURPOSE: FAMILY PARTNERS | $125,000 |
Annie E Casey Foundation Baltimore, MD PURPOSE: SUPPORT CUYAHOGA COUNTY JIM CASEY INITIATIVE SITE LEAD | $75,000 |
Medical Mutual Of Ohio Charitable Foundation Cleveland, OH PURPOSE: REACHING THE FINISH LINE 2021: CREATING A VISION FOR CHILDREN'S HEALTH IN OHIO | $25,000 |
Cleveland Foundation Cleveland, OH PURPOSE: SAINT ANN FUND | $5,447 |
William J & Dorothy K Oneill Foundation Inc Cleveland, OH PURPOSE: TO ADVANCE 2GEN CAPACITY ALIGNED WITH A GUIDING PRINCIPLE | $5,000 |
Beg. Balance | $191,781 |
Earnings | $10,071 |
Grants | $7,873 |
Ending Balance | $193,979 |
Organization Name | Assets | Revenue |
---|---|---|
Association Of Community Ministries Inc Louisville, KY | $445,495 | $6,215,911 |
Youngstown Area Jewish Foundation Youngstown, OH | $57,003,895 | $4,586,174 |
Sisters Of Charity Foundation Of Cleveland Cleveland, OH | $104,281,419 | $3,700,315 |
Catholic Foundation Of Michigan Bloomfield Hills, MI | $29,975,322 | $12,618,743 |
Stone Table Inc Plainfield, IN | $3,350,339 | $2,332,694 |
Catholic Community Foundation Ofmid Michigan Saginaw, MI | $39,952,577 | $3,035,436 |
Cpps Heritage Mission Fund Dayton, OH | $17,862,945 | $6,205,362 |
Amish Mutual Mortgage Fund Nappanee, IN | $84,844,116 | $2,126,511 |
Brightmoor Christian Church Endowment Fund Novi, MI | $509,422 | $1,829,016 |
Our Daily Bread Ministries Foundation Grand Rapids, MI | $34,200,268 | $7,896,868 |
John Barnes Trustees Inc Jenkintown, PA | $25,392,688 | $605,311 |
West Michigan Christian Foundation Ada, MI | $4,282,532 | $1,262,702 |