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Grantmaking
Since 2004, philanthropy has united in Northeast Ohio to raise more than $55 million to strengthen the region’s economic competitiveness.
The Fund has awarded more than $32 million in charitable grants to organizations and initiatives that are working to build a brighter future for the region. (Download a graphic that illustrates the Fund's grantmaking and fundraising.)
The grants fall into three general categories:
Economic Development Organizations – Operating grants to nonprofits that focus on specific issues related to strengthening the region’s economic competitiveness.
Structural Change and Design – Planning and research grants that help the region redesign the way it addresses fundamental issues related to economic competitiveness.
Research and Measurement – Grants that measure the region’s economic performance and increase awareness and support for regional economic development initiatives.
The following is a compilation of all charitable grants awarded by the Fund through April 2008.
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Economic Development Organization Grants |
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NEOSO |
$1,300,000 |
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MAGNET |
$1,700,000 |
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NorTech |
$5,900,000 |
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BioEnterprise |
$5,300,000 |
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JumpStart |
$6,750,000 |
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Team NEO |
$5,600,000 |
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Minority Business Accelerator 2.5+ |
$1,000,000 |
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Total |
$27,550,000 |
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Research and Measurement Grants |
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Voices and Choices |
$3,077,017 |
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Dashboard of Economic Indicators |
$387,000 |
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Ohio Venture Capital Report |
$15,000 |
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Regional Competitiveness Labor Study |
$51,350 |
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Barometer of Economic Attitudes |
$154,084 |
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Fund Performance Evaluation |
$275,000 |
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Total |
$3,959,451 |
-Updated as of April 2008
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