The Cleveland Clinic Foundation is a nonprofit, tax-exempt academic medical center located in Cleveland, Ohio, established in 1921. It integrates clinical and hospital care with research and education, serving as the parent organization of the Cleveland Clinic health system. The organization operates a comprehensive healthcare network including a tertiary care hospital, children's hospital, medical school, research institute, outpatient clinics, and 26 specialty institutes across a 162-acre main campus near Cleveland's University Circle. The Foundation also operates 16 family health centers throughout Northeast Ohio.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.4B
+9.4% YoY
Annual Giving
$38.2M
+15.2% YoY
Grant Count
99
-3.9% YoY
Avg Grant Size
$385K
+19.9% YoY
Mission & Focus Areas
The Cleveland Clinic Foundation's mission, established at its founding in 1921, remains consistent: better care of the sick, investigation of their problems, and further education of those who serve. The organization describes its vision as "Caring for life, researching for health and educating those who serve."
Primary program services focus on:
- Patient care provided on a charitable basis
- Medical research
- Education of medical professionals and the community
The Foundation's grantmaking priorities include education, philanthropy, voluntarism, grantmaking, and human services, with particular focus on dental health, school health, wellness, and healthy living initiatives.
Grantmaking
The Cleveland Clinic Foundation makes grants across multiple focus areas. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
The Foundation's grantmaking focuses primarily on Ohio, Florida, and the District of Columbia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (Most Recent Data):
- Total assets: $17,384,365,197 (2024)
- Total revenue: $9.68 billion (2024)
- Total expenses: $9.43 billion (2024)
- Total giving: $148,655,621
Historical Financial Data:
- 2023 total revenues: $8,958,297,084
- 2023 total expenses: $8,518,490,199
- 2023 total assets: $15,892,710,603
The organization has been tax-exempt since October 1928 and maintains an unconditional exemption status. It is classified as a 501(c)(3) charitable organization and a hospital or medical research organization.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,384,365,197 | $15,892,710,603 | $15,354,669,845 |
| Revenue | $9,680,031,802 | $8,958,297,084 | $7,583,607,049 |
| Expenses | $9,434,081,551 | $8,518,490,199 | $7,671,629,275 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-16,009,595 | $95,656,390 | $29,380,610 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
237 grants across all recorded years
Open Grants
9 open opportunities from The Cleveland Clinic Foundation
Catalyst Grants
THE CLEVELAND CLINIC FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Distinguished Alumnus Award
THE CLEVELAND CLINIC FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Distinguished Emeritus Award
THE CLEVELAND CLINIC FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIHALJEVIC MD TOMISLAV | DIRECTOR, PRESIDENT & CEO | 50 | $7,650,847 |
| MALONE JR MD DONALD A | EVP, PRES NEO MKT (PART YR) | 50 | $1,610,899 |
| LARAWAY DENNIS | EVP, CFO & TREASURER | 50 | $3,127,004 |
| HANCOCK DNP RN NE-BC KELLY | EVP, CHIEF CAREGIVER OFF & CAO | 50 | $2,157,469 |
| RIDGEWAY MD BERI | DIR, EVP ENTERPRISE CHIEF OF STAFF | 50 | $1,986,502 |
| HABER MD GEORGES-PASCAL | CEO, CCAD (PART YR) | 50 | $2,538,489 |
| GUZMAN MD JORGE | EVP, PRES NEO MKT (PART YR) | 50 | $1,929,479 |
| SVENSSON MD LARS | INSTITUTE CHIEF - HVTI | 50 | $2,433,081 |
| DELANEY MD PHD CONOR | EVP, PRESIDENT OF FL MKT | — | — |
| ROWAN DAVID W | SEC, EVP, CHIEF LEGAL OFF (PART YR) | 50 | $2,224,430 |
| STREIN STEFAN | VP, CHIEF INVESTMENT OFFICER | 50 | $2,173,858 |
| GILLINOV MD A MARC | DEPT CHAIR, THORACIC & CARDIOVAS SURGERY | 50 | $2,141,240 |
| LORENZ MD ROBERT | PRESIDENT, CLEVELAND CLINIC LONDON | — | — |
| CHANDRA PHD ROHIT | EVP, CHIEF DIGITAL OFFICER | 50 | $2,133,862 |
| PEACOCK WILLIAM M | EVP, CHIEF OF OPERATIONS | 50 | $2,107,674 |
| NAJM MD HANI | CHAIR, PED & CONGENITAL HEART SURGERY | 50 | $2,082,568 |
| HULL MD TRACY | PHYSICIAN (RETIREE 2024) | 50 | $2,081,704 |
| ERZURUM MD SERPIL | EVP, CHIEF RESEARCH & ACADEMIC OFF | 50 | $1,706,633 |
| GORDON DEBORAH | EVP, CLO, SEC (PART YR) | 50 | $1,118,264 |
| FALCONE MD TOMMASO | EVP, PRES INTL EMERG MKTS (PT YR) | 50 | $1,065,510 |
| DAVIS MARLEINA | ASST. SECRETARY (PART YR) | 50 | $866,687 |
| EATON JOHNSON VICKIE | EVP, CHIEF COMMUNITY OFF (PART YR) | 50 | $745,853 |
| YERIAN MD LISA | EVP CHIEF CLINICIAL OP IMP OFF (PART YR) | 50 | $731,946 |
| LONGVILLE TIMOTHY | VP, CHIEF ACCOUNTING OFFICER | 50 | $639,567 |
| DONLEY MD BRIAN | FORMER CEO CC LONDON | — | — |
| OBLANDER JASON | DEPUTY CHIEF GOV & ASST SEC | 50 | $277,914 |
| WIEDEMANN MD HERBERT | FORMER OFFICER (RETIRED) | — | $210,113 |
| AULETTA PATRICK V | DIRECTOR (PART YR) | 5 | — |
| BENZ K MICHAEL | DIRECTOR (PART YR) | 5 | — |
| CRAWFORD DEBORAH A | DIRECTOR | 5 | — |
| FEDELI UMBERTO P | DIRECTOR | 5 | — |
| GORSKY ALEX | DIRECTOR (PART YR) | 5 | — |
| GWIN BONNIE W | DIRECTOR | 5 | — |
| HOOVER CAROLE F | DIRECTOR | 5 | — |
| ISHRAK PHD OMAR | DIRECTOR | 5 | — |
| KEMPER RN BETTY J | DIRECTOR (PART YR) | 5 | — |
| KILBANE ESQ CATHERINE M | DIRECTOR | 5 | — |
| KOHL STEWART A | DIRECTOR | 5 | — |
| KRAMER RICHARD J | DIRECTOR | 5 | — |
| MAROONE MICHAEL E | DIRECTOR | 5 | — |
| MITTAL LAKSHMI N | DIRECTOR (PART YR) | 5 | — |
| MORINO MARIO M | DIRECTOR (PART YR) | 5 | — |
| NANCE ESQ FREDERICK R | DIRECTOR | 5 | — |
| RICH MELINDA R | DIRECTOR | 5 | — |
| ROSS MARK | DIRECTOR | 5 | — |
| SCHULMAN DAN | DIRECTOR | 5 | — |
| SCOTT JR HAROLD LEE | DIRECTOR (PART YR) | 5 | — |
| VEGA LORRAINE | DIRECTOR (PART YR) | 5 | — |
| WALDRON JOHN | DIRECTOR | 5 | — |
| WEINBERG RONALD E | DIRECTOR | 5 | — |
| MOONEY BETH E | DIRECTOR, BOARD CHAIR | 5 | — |
| PETRAS JR MICHAEL B | DIR, V CHAIR, FINANCE & BUS DEV | 5 | — |
| POLLOCK LARRY | DIR, V CHAIR, PHILANTHROPY STEWARDSHP | 5 | — |
Recent News & Activity
Recent developments and announcements
The Mandel Foundation donated $50 million to improve access to care at Cleveland Clinic (2026)
Mandel Foundation Donates $50 Million to Improve Access to Care at ClevelandCleveland Clinic was awarded more than $7 million from the Patient-Centered Outcomes Research Institute to advance treatment of multiple sclerosis and hypertension (2025)
Mandel Foundation Donates $50 Million to Improve Access to Care at ClevelandA $5 million grant supported research in cystic fibrosis lung transplant complications
$5M grant to support research in cystic fibrosis lung transplantsContact Information
Main Address: 9500 Euclid Avenue RK 15 Cleveland, OH 44195
Administrative Address: 6801 Brecksville Road RK1-85 Independence, OH 44131-5032
Phone: 216-444-2200
Website: www.clevelandclinic.org
EIN: 34-0714585
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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