Cglr Foundation
- Assets
- $1.6m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Cleveland, OH
- Founding
- 02/2019
- Data as of
- 03/2023
- EIN
- 82-4736237
Organization Overview
Cglr Foundation is located in Cleveland, OH. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 03/2023, Cglr Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cglr 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 03/2023, Cglr Foundation generated $2.0m in total revenue. All expenses for the organization totaled $727.8k during the year ending 03/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CGLR FOUNDATION BRINGS TOGETHER GREAT LAKES LEADERS FROM GOVERNMENT, BUSINESS, ACADEMIA, AND THE NONPROFIT SECTOR TOGETHER TO FIND NEW WAYS OF HARNESSING THE REGION'S ECONOMIC STRENGTHS, IMPROVING THE WELL-BEING OF THE REGION'S CITIZENS, AND PROTECTING THE ENVIRONMENT FOR FUTURE GENERATIONS THROUGH EDUCATIONAL EVENTS, PUBLIC POLICY RESEARCH AND PROGRAMS, AND AWARENESS BUILDING ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND MEETINGSAFTER A TWO-YEAR DELAY, THE CGLR FOUNDATION HOSTED THE GREAT LAKES ECONOMIC FORUM IN CHICAGO FROM JUNE 26-28TH. HUNDREDS OF BUSINESS EXECUTIVES, GOVERNMENT OFFICIALS, THOUGHT-LEADERS, AND SUBJECT MATTER EXPERTS FROM THE BINATIONAL GREAT LAKES ECONOMIC REGION ATTENDED THE TICKETED EVENT AND DISCUSSED THE MOST PRESSING SOCIO-ECONOMIC AND ENVIRONMENTAL CHALLENGES FACING THE GREAT LAKES REGION. IN ADDITION TO THE FORUM, A SERIES OF BUSINESS AND SUSTAINABILITY FREE WEBINARS AND MEETINGS WERE ALSO HOSTED ON A VARIETY OF TOPICS, FROM WATER STEWARDSHIP AND REGIONAL DECARBONIZATION, TO SUSTAINABLE FOOD SYSTEMS AND PLASTICS POLLUTION AND THE CIRCULAR ECONOMY.
POLICY, RESEARCH AND PROGRAMSDURING FISCAL YEAR 2022-23, THE CGLR FOUNDATION CONTINUED DEVELOPING THE CIRCULAR GREAT LAKES INITIATIVE. THE INITIATIVE BRINGS COMPANIES TOGETHER WITH GOVERNMENT, ACADEMIC, AND NONPROFIT LEADERS TO FORGE A FUTURE WITHOUT MATERIAL WASTE AND POLLUTION, STARTING WITH PLASTIC, BY CLOSING THE LOOP AND CREATING CIRCULAR CITIES, SECTORS AND SUPPLY CHAINS. THE FOCUS OF THIS WORK IN THE 2022-23 TIMEFRAME WAS ON IMPLEMENTING THE STRATEGY AND ACTION PLAN FOR A CIRCULAR ECONOMY FOR CONSUMER PLASTICS IN THE GREAT LAKES RELEASED AT THE JUNE 2022 GREAT LAKES ECONOMIC FORUM. KEY ELEMENTS OF THE ACTION PLAN WILL CONSIDER POLICY CHANGES REQUIRED TO ENABLE A CIRCULAR ECONOMY, INFRASTRUCTURE MODERNIZATION AND TECHNOLOGY ADVANCEMENTS, PRODUCT DESIGN RECOMMENDATIONS, CONSUMER ENGAGEMENT AND EDUCATION, AND PLASTIC CLEANUP THROUGH THE GREAT LAKES PLASTIC CLEAN-UP, A JOINT INITIATIVE BETWEEN THE CGLR FOUNDATION AND CGLR CANADA, A RELATED PARTY, AS WELL AS POLLUTION PROBE IN TORONTO, CANADA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Fisher President & C.e.o. | OfficerTrustee | 2 | $0 |
Brian Ames Chair | OfficerTrustee | 2 | $0 |
Steve Petras Vice Chair | OfficerTrustee | 2 | $0 |
Marie-Helene Sicard Vice Chair | OfficerTrustee | 2 | $0 |
Matt Mccurdy Treasurer | OfficerTrustee | 2 | $0 |
Jeffrey Weiss Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| 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 | $1,976,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,976,289 |
| Total Program Service Revenue | $39,299 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,015,588 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $234,059 |
| Pension plan accruals and contributions | $656 |
| Other employee benefits | $9,728 |
| Payroll taxes | $19,199 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,321 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $188,007 |
| Advertising and promotion | $0 |
| Office expenses | $23,674 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,127 |
| Insurance | $1,435 |
| All other expenses | $0 |
| Total functional expenses | $727,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $536,432 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $608,731 |
| 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 | $270 |
| Net Land, buildings, and equipment | $456,347 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,601,780 |
| Accounts payable and accrued expenses | $126,676 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $126,676 |
| Net assets without donor restrictions | $347,266 |
| Net assets with donor restrictions | $1,127,838 |
| 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 | $1,601,780 |