The Union Home Foundation Inc
The Union Home Foundation is a 501(c)(3) private foundation and the charitable arm of Union Home Mortgage. Based in Strongsville, Ohio, the Foundation was established in 2015 with a mission to equip families with the tools and resources needed to achieve economic self-sufficiency. The Foundation operates as a corporate foundation supporting nonprofit organizations within Union Home Mortgage's operational footprint.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$763K
-13.7% YoY
Annual Giving
$279K
-20.0% YoY
Grant Count
57
+32.6% YoY
Avg Grant Size
$5K
-39.6% YoY
Mission & Focus Areas
The Foundation's mission is to equip families with the tools and resources needed to achieve economic self-sufficiency. Primary funding areas include:
- Financial literacy initiatives
- Housing access and homeownership support
- Community development programs
Grantmaking
Grant Range
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Geographic Focus
Where this funder awards grants
The Foundation operates within the operational footprint of Union Home Mortgage, with a current presence in 22 states. Recent grant recipients have been located in Alabama, Indiana, Kansas, Minnesota, Ohio, North Carolina, and Texas. The Foundation also has notable activity in Florida and South Carolina.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2024):
- Total assets: $763,376
- Total giving: $279,428
Prior Year Data (2023):
- Total assets: $884,723
- Total revenues: $468,577
- Total expenses: $510,551
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $763,376 | $884,723 | $914,197 |
| Revenue | $215,968 | $468,577 | $234,242 |
| Expenses | $356,447 | $510,551 | $380,420 |
| Qualifying Distributions | $279,428 | $349,182 | $391,180 |
| Net Investment Income | $37,167 | $34,468 | $15,162 |
| Distributable Amount | $40,734 | $40,314 | $45,888 |
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
228 grants across all recorded years
Open Grants
1 open opportunity from The Union Home Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Bill Cosgrove – CEO of Union Home Mortgage and Board Chairman of the Union Home Foundation
- Ashley Ali – Director of Corporate Communications
- Courtney Cook – Marketing Specialist
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C WILLIAM COSGROVE JR | CHAIRMAN | 2 | — |
| PAULA COSGROVE | VICE-CHAIRMAN | 2 | — |
| DONALD GRIFFITHS | SECRETARY | 2 | — |
| SCOTT SCHADEN | TREASURER | 2 | — |
Recent News & Activity
Recent developments and announcements
The Foundation marked its tenth year of operation in 2025, distributing over $200,000 through grantmaking and programming. In addition to the $175,500 in grants to nonprofits, the Foundation supported community initiatives including:
Union Home Foundation Shares 2025 Giving RecapPartner Impact Award program: $12,000 donated to employee-selected organizations
Partner Up for Plates food drive: Over 4,000 lbs. of non-perishable food items donated to the Greater Cleveland Food Bank and $10,000 to Feeding Tampa Bay
**Fourth Quarter 2025 Grant Awards (February 2026):**
Union Home Mortgage Foundation Announces Fourth Quarter 2025 Grant RecipientsThe Foundation announced grants totaling $53,500 to 10 nonprofits across multiple states, supporting organizations advancing financial literacy and housing access within its operational footprint.
Contact Information
Headquarters: 8241 Dow Circle West Strongsville, OH 44136
Phone: (833) 426-UHMF / (833) 426-8463 Fax: (440) 826-0100 Email: contact@uhmfoundation.org
EIN: 46-3696382
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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