The George Gund Foundation
The George Gund Foundation is a nonprofit institution established in 1952 and headquartered in Cleveland, Ohio. The foundation contributes to human well-being and the progress of society through strategic philanthropic investments. The organization employs 9 people and maintains an annual revenue of $25.0M-$50.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$555.9M
+9.7% YoY
Annual Giving
$29.8M
+0.6% YoY
Grant Count
334
+2.1% YoY
Avg Grant Size
$89K
-1.5% YoY
Mission & Focus Areas
The foundation's sole purpose, as indicated in its formation documents, is contributing to human well-being and the progress of society. The foundation operates with a deep commitment to place-based philanthropy, centering its work in Cleveland while recognizing that the city's solutions can benefit communities far beyond its boundaries.
The foundation identifies three interrelated central challenges that propel its work:
- Climate change and environmental degradation
- Entrenched and accelerating inequality
- Threats to democracy
Primary funding areas include:
- Culture and Arts
- Climate Justice
- Public Education
- Social Justice
- Vibrant Neighborhoods
- Human Services — with emphasis on meeting basic needs, health care, and promoting child and family stability
- Reproductive Health Services — access to comprehensive reproductive health services and education
- Children's Behavioral Health Services — protecting and expanding these services
- Medicaid Defense
Grantmaking
The foundation prioritizes education projects with emphasis on new concepts. Recent grant activity demonstrates significant annual giving:
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Geographic Focus
Where this funder awards grants
The George Gund Foundation maintains a place-based focus centered on Cleveland, Ohio, a city of close to 400,000 residents and the heart of a metropolitan region of over 2 million people. The foundation's commitment to Cleveland derives from both its history and the belief that Cleveland can develop original responses to issues that benefit people everywhere.
The foundation views Cleveland as offering important leverage to affect issues beyond the city's boundaries, including its roles as a place for innovation, an example and leader in Ohio (a politically important state with outsized national and global influence), and as part of the urban emphasis of its work—stemming from the belief that thriving cities are one of the nation's best hopes for addressing essential problems.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
The Geoffrey Gund Foundation (a related entity) reported the following financial data for fiscal year 2023:
- Revenue: $7.71 million
- Expenses: $8.47 million
- Total Assets: $17.1 million
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $555,923,023 | $506,606,604 | $502,367,168 |
| Revenue | $89,790,877 | $51,521,913 | $21,210,048 |
| Expenses | $40,572,226 | $39,701,112 | $51,185,973 |
| Qualifying Distributions | $33,484,227 | $33,073,925 | $44,436,358 |
| Net Investment Income | $83,328,911 | $44,968,249 | $14,805,360 |
| Distributable Amount | $28,028,069 | $24,607,710 | $26,600,476 |
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
250 grants across all recorded years
Open Grants
1 open opportunity from The George Gund Foundation
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 |
|---|---|---|---|
| ANTHONY RICHARDSON | PRESIDENT | 40 | $369,065 |
| ANN MULLIN | EXECUTIVE VICE PRESIDENT | 40 | $270,744 |
| NANCY MENDEZ | VICE CHAIR, TRUSTEE | 2 | $6,000 |
| MARGARET BERNSTEIN | TRUSTEE | 2 | $6,000 |
| MARVIN HAYES | TRUSTEE | 2 | $6,000 |
| ZACHARY GUND | TREASURER, TRUSTEE | 2 | — |
| CATHERINE GUND | CHAIR, TRUSTEE | 2 | — |
| ANNA TRAGGIO | TRUSTEE | 2 | — |
| LARA GUND | SECRETARY, TRUSTEE | 2 | — |
| GEOFFREY GUND | TRUSTEE | 2 | — |
| TYLER GUND | TRUSTEE | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation announced the Ohio Climate Justice Fund, reflecting its commitment to addressing climate change and environmental degradation as a central challenge.
Announcing The Ohio Climate Justice FundThe foundation has supported initiatives including the Cleveland Water Alliance, a network of leading corporations, regional universities and research institutions, public agencies, and utilities in Northeast Ohio focused on water innovation and freshwater preservation.
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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