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Third Federal Foundation is a private corporation based in CLEVELAND, OH. The foundation received its IRS ruling in 2007. The principal officer is Tiffani Lanier. It holds total assets of $28M. Annual income is reported at $8.3M. Total assets have decreased from $46.4M in 2011 to $29M in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Ohio and Florida. According to available records, Third Federal Foundation has made 446 grants totaling $18.8M, with a median grant of $15K. Annual giving has grown from $3.9M in 2020 to $10.4M in 2022. Individual grants have ranged from $500 to $535K, with an average award of $42K. The foundation has supported 163 unique organizations. The foundation primarily supports organizations in Ohio, Florida, New York, which account for 98% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$18K
Average Grant
$46K
Largest Grant
$502K
Based on 96 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Third Federal Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 446 grants. Its grantmaking reaches organizations primarily in OH, FL, NY.
Third Federal Foundation has distributed a total of $18.8M across 446 grants. The median grant size is $15K, with an average of $42K. Individual grants have ranged from $500 to $535K.
The application deadline is THERE ARE NO SUBMISSION DEADLINES. THE FOUNDATION WILL EVALUATE REQUESTS IN A TIMELY MANNER.. Grants are restricted to organizations operating charitable and educational programs that qualify as section 501(c)(3) organizations. The foundation generally will provide grants with respect to community development, and the foundation supports various programs for the redevelopment of economically depressed areas and neighborhoods, including the area near the offices of third federal. The second such area of emphasis is education where the foundation supports various initiatives at the primary, secondary and post secondary levels which raise the aspriations of students in the community and programs that enhance knowledge in specific areas such as economics, communications, business, and public speaking as well as initiatives that enhance the dissemination of information necessary to support education.
Third Federal Foundation is headquartered in CLEVELAND, OH. While based in OH, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Emily Thome | PRESIDENT | $295K | $56K | $351K |
| Marc A Stefanski | CHAIRMAN & DIRECTOR | $0 | $0 | N/A |
| Robert A Fiala | DIRECTOR | $0 | $0 | N/A |
| Nancy Cox | SECRETARY | $0 | $0 | N/A |
| Lisa Hamilton | DIRECTOR | $0 | $0 | N/A |
| Sarah Grosso | TREASURER | $0 | $0 | N/A |
| John Marino | DIRECTOR | $0 | $0 | N/A |
Total Giving
$5.3M
Total Assets
$29M
Fair Market Value
$36M
Net Worth
$29M
Grants Paid
$4.7M
Contributions
N/A
Net Investment Income
$2.9M
Distribution Amount
$1.6M
Total: $11.4M
Total Grants
446
Total Giving
$18.8M
Average Grant
$42K
Median Grant
$15K
Unique Recipients
163
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stella MarisCHARITABLE PURPOSE | Cleveland, OH | $100K | 2022 |
| HopewellCHARITABLE PURPOSE | Middlefield, OH | $60K | 2022 |
| University SettlementCHARITABLE PURPOSE | Cleveland, OH | $535K | 2022 |
| Cleveland Central Catholic High SchoolCHARITABLE PURPOSE | Cleveland, OH | $300K | 2022 |
| The Literacy Cooperative Of Greater ClevelandCHARITABLE PURPOSE | Cleveland, OH | $205K | 2022 |
| Boys And Girls Club Of ClevelandCHARITABLE PURPOSE | Cleveland, OH | $200K | 2022 |
| Say Yes To EducationCHARITABLE PURPOSE | Cleveland, OH | $200K | 2022 |
| Neighborhood Renaissance IncCHARITABLE PURPOSE | West Palm Beach, FL | $175K | 2022 |
| First Tee Of ClevelandCHARITABLE PURPOSE | Newburgh Heights, OH | $135K | 2022 |
| Youth Opportunities UnlimitedCHARITABLE PURPOSE | Cleveland, OH | $130K | 2022 |
| Heidelberg UniversityCHARITABLE PURPOSE | Tiffin, OH | $125K | 2022 |
| City Year ClevelandCHARITABLE PURPOSE | Cleveland, OH | $115K | 2022 |
| Gilmour AcademyCHARITABLE PURPOSE | Gates Mills, OH | $110K | 2022 |
| Tampa Bay Neighborhood Housing Services IncCHARITABLE PURPOSE | Clearwater, FL | $100K | 2022 |
| Cleveland Neighborhood ProgressCHARITABLE PURPOSE | Cleveland, OH | $100K | 2022 |
| Western Reserve Land ConservancyCHARITABLE PURPOSE | Moreland Hills, OH | $100K | 2022 |
| Legal Aid Society Of ClevelandCHARITABLE PURPOSE | Cleveland, OH | $100K | 2022 |
| Neighborhood Home SolutionsCHARITABLE PURPOSE | St Petersburg, FL | $100K | 2022 |
| America Scores ClevelandCHARITABLE PURPOSE | Cleveland, OH | $85K | 2022 |
| Chn Housing PartnersCHARITABLE PURPOSE | Cleveland, OH | $75K | 2022 |
| Slavic Village DevelopmentCHARITABLE PURPOSE | Cleveland, OH | $75K | 2022 |
| Family ConnectionsCHARITABLE PURPOSE | Shaker Hts, OH | $75K | 2022 |
| Housing Foundation Of AmericaCHARITABLE PURPOSE | Pembroke Prines, FL | $75K | 2022 |
| Hispanic Unity Of FlaCHARITABLE PURPOSE | Hollywood, FL | $65K | 2022 |
| The Haven HomeCHARITABLE PURPOSE | Cleveland, OH | $60K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH