2023-11-10T11:02:56-06:00 2022-12-31 HW&CO 28601 Chagrin Blvd 210 Woodmere OH 44122 990 2022-01-01 270606927 Fund for Our Economic Future of Northeast Ohio % BETHIA CULLIS BURKE FUND 2164569800 4415 Euclid Ave Suite 203 Cleveland OH 44103 Bethia Cullis President 2164569800 2023-11-07 true Bethia Cullis 999009999 David M Reape CPA P00068117 2168311200 2023-11-07 3 2022 2023-04-26 12:10:37Z Bethia Cullis 4415 Euclid Ave Suite 203 Cleveland OH 44103 7638594 false X www.thefundneo.org X 2009 OH DEDICATED TO ADVANCING ECONOMIC GROWTH AND EQUITABLE ACCESS TO OPPORTUNITY FOR THE PEOPLE OF NORTHEAST OHIO. 39 39 8 39 0 3743382 7637539 0 0 79 75 1500 980 3744961 7638594 2240107 5445333 0 0 1175973 787312 0 0 153739 593593 690305 4009673 6922950 -264712 715644 9063861 9584992 894909 700396 8168952 8884596 THE FUND FOR OUR ECONOMIC FUTURE IS A CREATIVE SPACE FOR PHILANTHROPIC FUNDERS AND CIVIC LEADERS TO EXPLORE WHAT MATTERS AND IMPLEMENT WHAT WORKS TO ACHIEVE EQUITABLE ECONOMIC GROWTH, EMPHASIZING SYSTEMIC, LONG-TERM CHANGE. false false 6369151 5445333 Fund program services are as follows: 1.Growth and Opportunity Grants: Organizations advancing job creation, job preparation, and job access for Northeast Ohio. 2. Regional Strategy Development: Support for a shared regional economic competitiveness strategy that strengthens equitable growth and opportunity. 3. Civic understanding of growth and opportunity, including community engagement and measurement and research grants. 6369151 true true false false false false false false false false false false false false false false true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 23 0 true 8 true false false false false false false false false false false false false X 39 39 false false false false false false false true true false false true true true true true true true true false OH X X BETHIA CULLIS BURKE 2164569800 4415 EUCLID AVE SUITE 203 Cleveland OH 44103 X BETHIA BURKE CULLIS PRESIDENT 37.5 0.0 X 272991 0 17464 Bishara Addison Dir of workforce innovation 37.5 0.0 X 107444 0 1920 Erskine Bevel DIRECTOR OF FINANCE 37.5 0.0 X 42422 0 2599 JONATHAN FLOYD DIRECTOR OF FINANCE 37.5 0.0 X 15194 0 415 CYNTHIA ANDREWS TRUSTEE 1.0 0.0 X 0 0 0 EMILY THOME TRUSTEE 1.0 0.0 X 0 0 0 JOHN PETURES JR TRUSTEE 1.0 0.0 X 0 0 0 VIKKI BROER TRUSTEE 1.0 0.0 X 0 0 0 DANIEL HAMPU TRUSTEE 1.0 0.0 X 0 0 0 PAUL HERDEG TRUSTEE 1.0 0.0 X 0 0 0 MARK J SAMOLCZYK CHAIR EMERITUS 1.0 0.0 X X 0 0 0 WILLIAM GARY CHAIR 1.0 0.0 X X 0 0 0 BAIJU SHAH TRUSTEE 1.0 0.0 X 0 0 0 ADAM A BRIGGS FIRST VICE CHAIR 1.0 0.0 X X 0 0 0 DENISE GRIGGS TREASURER & FINANCE CHAIR 1.0 0.0 X X 0 0 0 DAVID FORD TRUSTEE 1.0 0.0 X 0 0 0 PATRICK KELLY TRUSTEE 1.0 0.0 X 0 0 0 JENNIFER ROLLER TRUSTEE 1.0 0.0 X 0 0 0 DR MARCIA BALLINGER TRUSTEE 1.0 0.0 X 0 0 0 KAREN L HOOSER TRUSTEE 1.0 0.0 X 0 0 0 SUSANNA KREY TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM SEELBACH TRUSTEE 1.0 0.0 X 0 0 0 JANI GROZA TRUSTEE 1.0 0.0 X 0 0 0 RAY LEACH TRUSTEE 1.0 0.0 X 0 0 0 CHRISTINE MAYER SECRETARY 1.0 0.0 X X 0 0 0 JIM PETRAS TRUSTEE 1.0 0.0 X 0 0 0 CATHY BELK TRUSTEE 1.0 0.0 X 0 0 0 ERIC CLARK TRUSTEE 1.0 0.0 X 0 0 0 LISA CAMP TRUSTEE 1.0 0.0 X 0 0 0 MEREDITH GADSBY TRUSTEE 1.0 0.0 X 0 0 0 PHOEBE LEE SECOND VICE CHAIR 1.0 0.0 X X 0 0 0 RICARDO LEON TRUSTEE 1.0 0.0 X 0 0 0 SHARI HARRELL TRUSTEE 1.0 0.0 X 0 0 0 TERESA LEGRAIR TRUSTEE 1.0 0.0 X 0 0 0 TIM TRAMBLE TRUSTEE 1.0 0.0 X 0 0 0 TREVELLE HARP TRUSTEE 1.0 0.0 X 0 0 0 HORACE JOHNSON III TRUSTEE 1.0 0.0 X 0 0 0 VICTOR RUIZ TRUSTEE 1.0 0.0 X 0 0 0 YENTIL RAWLINSON TRUSTEE 1.0 0.0 X 0 0 0 DEBORAH HOOVER TRUSTEE 1.0 0.0 X 0 0 0 TANIA MENESSE TRUSTEE 1.0 0.0 X 0 0 0 ALESHA WASHINGTON TRUSTEE 1.0 0.0 X 0 0 0 438051 0 22398 2 false true false Compass Policy Strategies LLC 2971 Berkshire Road CLEVELAND HTS OH 44118 Project consultant 180000 sean waterson 1012 parkside drive LAKEWOOD OH 44107 Agency staffing 125000 2 7637539 7637539 0 75 75 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 980 980 980 7638594 980 75 5445333 5445333 0 0 0 351084 222561 99478 29045 0 355341 259608 82371 13362 0 34645 24378 8746 1521 46242 31608 11893 2741 0 7217 4388 2323 506 38216 20664 11619 5933 0 0 0 365404 175409 105223 84772 0 5851 3557 1883 411 22931 12036 6876 4019 0 63941 38874 20580 4487 8032 4883 2585 564 0 4617 2807 1486 324 0 0 0 9138 5556 2941 641 COMMUNICATIONS 128896 97843 31053 PROFESSIONAL DEVELOPMENT 22221 11231 6548 4442 MEALS & ENTERTAINMENT 5718 3477 1840 401 MISCELLANEOUS 2649 1610 853 186 5474 3328 1762 384 6922950 6369151 400060 153739 7749176 6193340 250000 1256318 1053984 2124818 0 0 0 0 0 0 0 0 0 0 6462 6277 0 0 0 0 0 0 0 0 0 0 4239 4239 9063861 9584992 76861 189348 818048 511048 0 0 0 0 0 0 0 0 0 0 0 0 0 0 894909 700396 X 6098120 5528995 2070832 3355601 8168952 8884596 9063861 9584992 715644 X false true X true false X 5879876 4328688 1466345 3743382 7637539 23055830 0 0 5879876 4328688 1466345 3743382 7637539 23055830 7334725 15721105 748 410 271 79 75 1583 0 17062 800 20000 1500 980 40342 23097755 0.68063 0.54837 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7638594 7638594 7638594 6922950 6922950 6922950 true ECONOMIC GROWTH FOUNDATION 1240 HURON ROAD EAST SUITE 300 CLEVELAND OH 44115 340149250 501(c)(3) 686749 BOOK job preparation, JOB CREATION MAGNET 1768 EAST 25TH STREET CLEVELAND OH 44114 341455043 501(c)(3) 1966667 BOOK JOB PREPARATION CONXUS NEO 277 E MILL STREET AKRON OH 44308 342019627 501(c)(3) 40000 BOOK JOB PREPARATION TEAM NEO 1111 SUPERIOR AVENUE SUITE 1600 CLEVELAND OH 44114 341885407 501(c)(3) 30000 BOOK job preparation, research CUYAHOGA COMMUNITY COLLEGE FOUNDATION 700 CARNEGIE AVENUE CLEVELAND OH 44115 237320719 501(c)(3) 154068 BOOK JOB PREPARATION CLEVELAND CITYWIDE DEVELOPMENT CORPORATION 601 LAKESIDE AVENUE ROOM 210 CLEVELAND OH 44114 341344474 501(C)(3) 100000 BOOK JOB CREATION, JOB ACCESS CENTER FOR NEIGHBORHOOD TECHNOLOGY 17 NORTH STATE STREET STE 1400 CHICAGO IL 60602 362967283 501(C)(3) 15000 BOOK JOB ACCESS YOUTH OPPORTUNITIES UNLIMITED 1228 EUCLID AVENUE STE 200 CLEVELAND OH 44115 341381135 501(C)(3) 1000000 BOOK JOB PREPARATION POLICYBRIDGE 2930 PROSPECT AVENUE E STE 113 CLEVELAND OH 44115 202069251 501(C)(3) 24000 BOOK JOB PREPARATION, RESEARCH FUNDERS TOGETHER TO END HOMELESSNESS 89 SOUTH STREET STE 603 BOSTON MA 02111 273033048 501(C)(3) 40000 BOOK JOB PREPARATION NEW BRIDGE CLEVELAND 3634 EUCLID AVENUE STE 100 CLEVELAND OH 44115 271193704 501(C)(3) 315960 BOOK JOB PREPARATION MCGREGOR FOUNDATION 14900 PRIVATE DRIVE EAST CLEVELAND OH 44112 340714356 501(C)(3) 33000 BOOK JOB PREPARATION 11 1 Form 990, Schedule I, Part I PROPOSALS ARE CONSIDERED ON AN INVITATION BASIS. RECEIVED PROPOSALS ARE REVIEWED BY A COMBINATION OF FUND FOR OUR ECONOMIC FUTURE ("FUND") STAFF, BOARD MEMBERS, AND, FROM TIME TO TIME, INVITED EXPERTS. AWARDS ARE APPROVED BASED ON AUTHORITY OUTLINED IN FUND CODE OF REGULATIONS, WITH LEVEL OF FUND BOARD APPROVAL REQUIRED INCREASING WITH INCREASED MAGNITUDE OF AWARD (E.G., AWARDS OF $100,000 OR MORE ARE APPROVED BY THE FULL BOARD). MONITORING OF ACTIVE GRANTS INCLUDES: REGULAR REPORTING TO FUND STAFF AND A COMMITTEE OF FUND BOARD MEMBERS AND/OR BOARD PARTICIPANTS. FUNDING RELEASE IS TIED TO PROGRESS AGAINST STATED GOALS. FUND MEMBERS AND/OR FUND STAFF SERVE AS BOARD OBSERVERS ON THE BOARDS OF LARGE GRANTEE ORGANIZATIONS ON BEHALF OF THE FUND. IN SPECIAL CASES, FUND BOARD MEMBERS SERVE AS VOTING MEMBERS OF GRANTEE ORGANIZATION BOARDS ON BEHALF OF THE FUND; IN THIS CIRCUMSTANCE, THESE FUND MEMBERS DO NOT PARTICIPATE IN FUNDING DECISIONS FOR THESE ORGANIZATIONS. X X X true false false false false false false false false BETHIA BURKE CULLIS PRESIDENT 259666 0 13325 0 0 0 0 0 17464 0 290455 0 0 0 Sch J, Part I, Line 4a Jonathan Floyd received severance pay of $10,250 in 2022. Form 990, Part VI, Line 11b- Form 990 Review Process The Form 990 is prepared by the Fund's independent accountant and reviewed by Fund management. After this review, the Form 990 is reviewed with the Fund's Finance committee. Any modifications as a result of this review are made and a Form 990 is made available to the Board members for their review. Any questions from the board members are resolved and the Form 990 is finalized and filed. Form 990, Part VI, line 12c-Explanation of Monitoring/Enforcement Officers, trustees and key employees disclose all possible conflict relationships when entering the position and annually disclose any new possible conflict relationships. Form 990, Part VI, Line 15b-Compensation Review & Approval Process The Board members approve the salary based on the recommendations and due diligence from the Nominating and Personnel committee which incorporates surveys of non profit organizations of similar size. Form 990, Part VI, Line 19-Other Organizations Documents Publicly Such documents are made available for review upon request to Fund management. Form 990, Part VI, Line 17 A copy of the Form 990 is not required to be filed with the state of Ohio. A separate filing has been filed with Ohio.