Three Arches Foundation is located in Lakewood, OH. The organization was established in 2018. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Arches 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, Three Arches Foundation generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 13.1% 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 2020, Three Arches Foundation has awarded 50 individual grants totaling $3,750,590. 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
ADVANCING THE HEALTH & WELL-BEING OF THE PEOPLE OF LAKEWOOD & SURROUNDING COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O FOR LIST OF PROGRAM SERVICE ACCOMPLISHMENTS. 2021 MARKED THE END OF THREE ARCHES FOUNDATION'S (TAF) FOURTH YEAR. DURING THAT TIME, OVER $5.6 MILLION IN FUNDING HAS BEEN CONVEYED TO 36 NONPROFIT ORGANIZATIONS THAT WORK TO MAKE IT EASIER FOR PEOPLE TO NAVIGATE, UNDERSTAND, AND USE INFORMATION AND SERVICES TO TAKE CARE OF THEIR BEHAVIORAL AND PHYSICAL HEALTH. WHETHER CONTINUING ESTABLISHED SERVICES OR LAUNCHING NEW PROGRAMS, TAF IS HUMBLED BY THE PERSEVERANCE, FOCUS AND FLEXIBILITY OF ITS GRANT PARTNERS PAST AND PRESENT, AS THEY STRIVE TO CARRY OUT THEIR MISSIONS IN AN EVER-CHANGING PANDEMIC ENVIRONMENT. WITH INPUT FROM GRANT PARTNERS, THE FOUNDATION'S GRANT MAKING PROCESS CONTINUES TO EVOLVE. LISTENING TO GRANTEES BROADENS TAF'S KNOWLEDGE OF ISSUES IMPACTING ACCESS TO CARE, DEEPENS THE FOUNDATION'S UNDERSTANDING OF SYSTEMIC CAUSES FOR HEALTH OUTCOME DISPARITIES AND BUILDS TRUSTING, DYNAMIC RELATIONSHIPS. THESE CONVERSATIONS HAVE LED TO GREATER INSIGHT AS TO HOW TAF CAN INCREASE ITS VALUE TO GRANTEES AND IN TURN, MAKE IT EASIER FOR TAF'S GRANT PARTNERS TO SERVE THE COMMUNITY. FROM CREATING HEALTHY ENVIRONMENTS FOR SAFE AGING IN PLACE TO OFFERING SPECIALIZED PROGRAMS FOR VICTIMS OF TRAUMA AND ABUSE, TAF GRANTEES WORK EVERY DAY TO IMPROVE HEALTH AND WELL-BEING IN THE COMMUNITY. TAF GRANTS FUND PILOT PROJECTS, NEW INITIATIVE LAUNCHES, SUSTAINMENT OF EXISTING PROGRAMS AND SERVICES, AND JOINT COLLABORATIONS. NOTEWORTHY HIGHLIGHTS FROM THE 21 GRANTS MADE IN 2021: $2.0 MILLION IN ANNUAL GRANT FUNDING. 2021 MARKED TAF'S SECOND CONSECUTIVE YEAR OF INCREASED PHILANTHROPIC INVESTMENT TOWARDS PURPOSEFUL EFFORTS THAT ADDRESS ACCESS TO CARE 7 MULTI-YEAR GRANTS, REPRESENTING 52% OF ANNUAL GRANT CYCLE FUNDING, EXTEND TAF'S COMMITMENT TO AMPLIFY AND SUSTAIN THE HEALTH, GROWTH AND EFFECTIVENESS OF GRANTEE INITIATIVES 8 FIRST-TIME GRANT RECIPIENTS EXPAND TAF'S ABILITY TO IMPACT HEALTHCARE ACCESS TO DIVERSE POPULATIONS 2 GRANTS FOR GENERAL OPERATING SUPPORT PROVIDE AUTONOMY, THROUGH UNRESTRICTED FUNDING, FOR THESE GRANT PARTNERS TO ADVANCE THEIR MISSION 20% INCREASE IN FUNDING FOR YOUTH-FOCUSED BEHAVIORAL HEALTH RESPONDS TO THE ESCALATING NEED FOR ACCESS TO MENTAL HEALTH SERVICES AND PROGRAMS, SCHOOL-BASED CARE COORDINATION AND CAREGIVER SUPPORT DUE TO INCREASED TRAUMA AND DISTRESS RELATED TO THE PANDEMIC 4 GRANTS SUPPORTING HEALTHY AGING IN PLACE WILL HELP REDUCE HEALTH INEQUITIES, PROVIDE AFFORDABLE CARE, CREATE SAFE ENVIRONMENTS AND ASSIST OLDER ADULTS IN CONTROLLING AND IMPROVING THEIR MENTAL AND PHYSICAL HEALTH AT HOME 4 GRANT PARTNERS ADDRESS SUBSTANCE USE AND ADDICTION BY REMOVING BARRIERS, PROVIDING TRAUMA-INFORMED PROGRAMS AND SERVICES, AND FOSTERING A CLIMATE OF SAFE RECOVERY IN RESPONSE TO AN EXISTING CRISIS EXPOSED AND WORSENED BY THE COVID-19 PANDEMIC TO FURTHER COMPLEMENT ANNUAL GRANT CYCLE FUNDING AND INCREASE VALUE ACROSS THE COMMUNITY, TAF CONTINUED TO PARTICIPATE IN THE GREATER CLEVELAND COVID-19 RAPID RESPONSE FUND PHASE II COALITION. IN ADDITION, EXPANDED FUNDING ALLOCATIONS NOW INCLUDE STRATEGIC GRANT MAKING FOR INNOVATIVE INITIATIVES THAT SERVE TO INCUBATE IDEAS AND POTENTIAL CATALYSTS FOR SYSTEMIC CHANGE TO ADVANCE COMMUNITY HEALTH AND WELL-BEING. ALSO NEWLY ESTABLISHED IN 2021, IMMEDIATE FUNDING IS NOW AVAILABLE TO SUPPORT AN UNBUDGETED AND/OR UNFORESEEN EMERGENT NEED EXPERIENCED BY A NONPROFIT ORGANIZATION. TAF'S DEDICATED BOARD OF DIRECTORS AND TALENTED STAFF GUIDE THE FOUNDATION THROUGH BOTH LONG-TERM STRATEGIC ISSUES AND DAY-TO-DAY OPERATIONS. IN ORDER TO ENHANCE TAF'S ABILITY TO SERVE THE COMMUNITY BETTER, THE FOUNDATION CONTINUE TO DELIBERATELY EXPAND ITS UNDERSTANDING AND AWARENESS OF EQUITY IN PHILANTHROPY AND HEALTHCARE, AND THE IMPORTANCE OF DIVERSE VOICES AND INCLUSIVE BEHAVIOR TO THE TAF MISSION. TAF CARRIES A GREAT SENSE OF RESPONSIBILITY TO THESE LEARNINGS, PRINCIPLES, AND PRACTICES. WHILE DEEPENING ITS KNOWLEDGE OF THE MANY LIFE FACTORS THAT IMPACT ACCESS TO CARE, TAF ASPIRES TO APPLY AN EQUITY LENS TO EVERY ASPECT OF ITS WORK. IT IS TIMELY TO UNDERTAKE A PERIOD OF INTROSPECTION TO AFFIRM TAF'S FUNDAMENTAL VALUES, BUILD ON ITS STRENGTHS AND CLARIFY PROGRAMMATIC DIRECTION ALL WHILE CONSIDERING WHAT THE FOUNDATION BRINGS INTO PRACTICE AS A PHILANTHROPIC PARTNER. TO THIS END, TAF'S GOAL IS TO COMPLETE AN ORGANIZATIONAL ASSESSMENT & VISIONING EXERCISE BY MID-2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristin Broadbent President & CEO | 50 | $153,638 | |
Doug E Spiker Vice Chair | OfficerTrustee | 2 | $0 |
Mary Anne Crampton Chair | OfficerTrustee | 2 | $0 |
Richard K Smith Treasurer | OfficerTrustee | 2 | $0 |
Jean Polster Secretary | OfficerTrustee | 1 | $0 |
Michael A Carlin Trustee | Trustee | 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 | $351,539 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $351,539 |
Total Program Service Revenue | $0 |
Investment income | $494,496 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,101,521 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,947,556 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,013,158 |
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. | $155,129 |
Compensation of current officers, directors, key employees. | $31,026 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $37,531 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,767 |
Fees for services: Accounting | $30,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $70,810 |
Fees for services: Other | $43,707 |
Advertising and promotion | $0 |
Office expenses | $3,930 |
Information technology | $8,023 |
Royalties | $0 |
Occupancy | $8,400 |
Travel | $54 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,072 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,326 |
All other expenses | $2,078 |
Total functional expenses | $2,390,385 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $95 |
Savings and temporary cash investments | $257,857 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $452 |
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 | $8,408 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $14,551,902 |
Investments—other securities | $25,159,713 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,756,807 |
Total assets | $42,735,234 |
Accounts payable and accrued expenses | $51,240 |
Grants payable | $587,960 |
Deferred revenue | $0 |
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 | $9,691 |
Total liabilities | $648,891 |
Net assets without donor restrictions | $29,966,111 |
Net assets with donor restrictions | $12,120,232 |
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 | $42,735,234 |
Over the last fiscal year, Three Arches Foundation has awarded $1,988,697 in support to 21 organizations.
Grant Recipient | Amount |
---|---|
Shaker Heights, OH PURPOSE: PROGRAM SUPPORT (OVER TWO YEARS) | $217,582 |
Cleveland, OH PURPOSE: PROGRAM SUPPORT (OVER TWO YEARS) | $200,000 |
Cleveland, OH PURPOSE: OPERATING SUPPORT (OVER TWO YEARS) | $200,000 |
Fairview Park, OH PURPOSE: PROGRAM SERVICE (OVER TWO YEARS) | $134,000 |
Cleveland, OH PURPOSE: PROGRAM SUPPORT (OVER TWO YEARS) | $125,524 |
Independence, OH PURPOSE: PROGRAM SUPPORT (OVER TWO YEARS) | $122,000 |
Over the last fiscal year, we have identified 1 grants that Three Arches Foundation has recieved totaling $20,923.
Awarding Organization | Amount |
---|---|
Barton Center Inc Lakewood, OH PURPOSE: TO ASSIST THREE ARCHES WITH PROVIDING SUPPORT TO THE COMMUNITIES OF GREATER CLEVELAND | $20,923 |
Beg. Balance | $11,154,974 |
Earnings | $1,430,655 |
Other Expense | $465,397 |
Ending Balance | $12,120,232 |
Organization Name | Assets | Revenue |
---|---|---|
Hancock County Schools Health Benefit Fund And Trust Findlay, OH | $800,339 | $11,750,938 |
Indiana Comprehensive Health Insurance Assoc Indianapolis, IN | $0 | $0 |
Phila Hospital And Health Care District Philadelphia, PA | $10,467,230 | $11,116,555 |
Pennsylvania Life And Health Insurance Guaranty Association Bala Cynwyd, PA | $31,198,315 | $342,282 |
Mount Carmel Health Insurance Company Columbus, OH | $8,651,290 | $7,576,267 |
Gold Medal Products Co Employee Health Benefit Plan Trust Cincinnati, OH | $0 | $5,634,917 |
Living Beyond Breast Cancer Bala Cynwyd, PA | $18,803,445 | $5,732,376 |
Caring Foundation Pittsburgh, PA | $29,532,775 | $1,366,323 |
Muskegon Community Health Project Muskegon, MI | $19,396,856 | $3,559,926 |
Health Net Of West Michigan Grand Rapids, MI | $1,418,200 | $3,407,263 |
Outdoor Venture Corporation Health Benefit Trust Stearns, KY | $0 | $3,017,686 |
Family Trust Pittsburgh, PA | $183,881,195 | $3,226,626 |