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Cleveland Avenue Fund is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2022. It holds total assets of $39M. Annual income is reported at $15.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cleveland Avenue Fund has made 3 grants totaling $5.5M, with a median grant of $2.3M. Annual giving has grown from $840K in 2021 to $4.7M in 2022. Individual grants have ranged from $840K to $2.3M, with an average award of $1.8M. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Cleveland Avenue Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NJ.
Cleveland Avenue Fund has distributed a total of $5.5M across 3 grants. The median grant size is $2.3M, with an average of $1.8M. Individual grants have ranged from $840K to $2.3M.
The application deadline is September 30.
Cleveland Avenue Fund is headquartered in HOUSTON, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hudson Beard Md | Vice President | $0 | $0 | $0 |
| Jane Varner Beard | President | $0 | $0 | $0 |
| Sterling C Beard | Vice President | $0 | $0 | $0 |
| Russell C Beard | Secretary, Treasurer | $0 | $0 | $0 |
Total Giving
$2.2M
Total Assets
$38.6M
Fair Market Value
$42M
Net Worth
$38.6M
Grants Paid
$2.1M
Contributions
$300
Net Investment Income
$536K
Distribution Amount
$2M
Total: $36.7M
Total Grants
3
Total Giving
$5.5M
Average Grant
$1.8M
Median Grant
$2.3M
Unique Recipients
1
Most Common Grant
$2.3M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Bessemer Giving FundGeneral support | Woodbridge, NJ | $2.3M | 2022 |
HOUSTON, TX
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