Sports Event Development Fund
The Sports Event Development Fund supports the greater cleveland sports commission and its mission to measurably improve the economy of greater cleveland and enrich the community by attracting, creating, managing and enhancing significant sporting and competitive events.
Sports Event Development Fund at a glance
In short: Sports Event Development Fund gave $652K across 1 grant in 2024 (avg $652K), mostly in Ohio. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $651,795
- +2507.6% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $651,795
- +2507.6% vs 2023
- Median grant
- $651,795
- Total assets
- $4,337,530
- +25.5% vs 2023
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Sports Event Development Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Greater Cleveland Sports Commission ($652K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Sports Event Development Fund gives
- Giving held roughly steady from 2021 to 2024 (−4%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $12K (2020) to $679K (2021). In 2024 it made 1 grant totaling $652K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Cleveland Sports Commission Cleveland, OH | General Support | $651,795 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $4,337,530 | $1,472,791 | $654,495 | $651,795 | 1 | $167,791 |
| 2023 | $3,456,636 | $460,447 | $27,696 | $24,996 | 1 | $123,447 |
| 2022 | $2,904,562 | $1,024,585 | $527,653 | $524,950 | 1 | $65,835 |
| 2021 | $2,638,721 | $130,599 | $681,587 | $679,362 | 1 | $130,599 |
| 2020 | $3,187,709 | $139,032 | $14,050 | $11,850 | 1 | $139,032 |
About Sports Event Development Fund
Based on IRS filings
Sports Event Development Fund is a public charity focused on Community Improvement & Capacity Building, based in Cleveland, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 1 grant totaling $652K. Net investment income was $168K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Sports Event Development Fund is led by David Gilbert, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
David Gilbert
President
On filings since 2020
1 hr/week
No compensation reported
Fred Disanto
Board Chair
Treasurer → Board Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Mike Gibbons
Vice Chair
On filings since 2020
1 hr/week
No compensation reported
Doug Neary
Secretary
On filings since 2023
1 hr/week
No compensation reported
Bob Klonk
Treasurer
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Jeff Friedman (2020–2023) — Board Chair
- Former: Carl Grassi (2020–2022) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Sports Event Development Fund
How much does Sports Event Development Fund give each year?
Sports Event Development Fund gave $652K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $25K across 1 grant.
How large is Sports Event Development Fund?
Sports Event Development Fund reported $4.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.5M.
What is Sports Event Development Fund?
Sports Event Development Fund is a public charity focused on Community Improvement & Capacity Building, based in Cleveland, OH. It holds $4.3M in total assets as of 2024.
Where does Sports Event Development Fund operate?
Sports Event Development Fund has awarded grants in Ohio.
What is Sports Event Development Fund's EIN?
Sports Event Development Fund's EIN (Employer Identification Number) is 27-0531612. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 3, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
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