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The Greater Cincinnati Foundation

Cincinnati, OH · EIN 31-0669700 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Greater Cincinnati Foundation reported $183.7 million in revenue and $200.6 million in expenses for calendar year 2024. Of every $100 it spent, $95.51 went to program services, $3.43 to management and general costs and $1.06 to fundraising. Its largest source of revenue was contributions and grants: 83.7% of the total. The highest compensation it reported for one person was $636,782 (CEO & PRESIDENT). 11 people received more than $100,000 in reportable compensation. Revenue rose 34% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $201M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $184M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
95.5%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
3.4%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.1%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
83.7%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$636,782$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.32%1.56%
People paid over $100,000
Part VII, line 2
113
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
60.956.6
Independent voting board members
Part VI 1a–1b
21 of 21100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$162M expenses · 84.4% of program spending · grants $160M

Donor advised grantmaking: donor advised funds allow donors to recommend grants to nonprofit organizations of their choice over time. The Greater Cincinnati Foundation has approximately 1,122 donor advised funds with a combined market value of more than $431 million. The foundation encourages philanthropy by providing this flexible vehicle for donors to achieve their individual charitable objectives. Gcf welcomes the opportunity to partner with people who want to be actively involved in grantmaking

$17M expenses · 9.1% of program spending · grants $17M

Total designated funds:gcf donors can establish a "designated fund" where they specify that all future grants go to (1) one or more specific organizations, or (2) for a specific purpose. This enables ongoing funding for a museum, house of worship, or virtually any public charity or impact area in the nation

$5.2M expenses · 2.7% of program spending · grants $3.8M

Responsive grants: gcf responds to proposals submitted by nonprofit organizations in our eight-county service area. Grants are made to support projects in the following issue areas: vibrant arts & culture, educational success, environmental beautification, disabilities and basic needs

$7.3M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO & PRESIDENT
Officer, 55.00 hrs/week
$569,719$0$67,063$636,782
CFO/TREASURER
Officer, 50.00 hrs/week
$201,794$0$47,739$249,533
CHIEF PHILANTHROPY OFFICER
Key employee, 42.00 hrs/week
$194,981$0$33,207$228,188
SVP OF MARKETING & INTEGRATION
Key employee, 42.00 hrs/week
$175,921$0$45,760$221,681
CHIEF IMPACT OFFICER
Key employee, 42.00 hrs/week
$177,970$0$38,739$216,709
CHIEF OF STAFF
Key employee, 42.00 hrs/week
$185,118$0$22,370$207,488
VP OF FINANCE
Highest compensated employee, 42.00 hrs/week
$153,034$0$9,153$162,187
ED, ALL-IN CINCINNATI
Highest compensated employee, 42.00 hrs/week
$126,169$0$32,367$158,536

11 people received more than $100,000 in reportable compensation from The Greater Cincinnati Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400M201920202021202220232024$184M$201M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 (amended) ⓘ$184M$201M95.5%$1.02B$636,782
2023 ⓘ$264M$157M94.4%$971M$342,335
2022 ⓘ$105M$122M93.8%$807M$547,956
2021 ⓘ$157M$134M94.7%$916M$511,220
2020 ⓘ$173M$131M94.9%$809M$570,730
2019 ⓘ$137M$89M93.4%$726M$486,984

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 566
  • Volunteers Part I, line 6171

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
CICERO HOLDING COMPANY LLC DBA CICERO RE
Consulting
$375,416
RSM US LLP
Consulting
$273,084
FUND EVALUATION GROUP INC
Investment management
$229,569
AVIVAR CAPITAL LLC
Investment management
$128,750

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

25 private foundations reported grants to The Greater Cincinnati Foundation totaling $9.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Greater Cincinnati Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Greater Cincinnati Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in Ohio

Questions people ask

How much of The Greater Cincinnati Foundation's spending goes to programs?

In calendar year 2024, The Greater Cincinnati Foundation reported that 95.5% of its $200.6 million in expenses went to program services, 3.4% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does The Greater Cincinnati Foundation pay its top executive?

The largest total compensation The Greater Cincinnati Foundation reported for one person in calendar year 2024 was $636,782, for the role of CEO & PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Greater Cincinnati Foundation get its money?

Of $183.7 million in revenue in calendar year 2024, 83.7% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is The Greater Cincinnati Foundation a registered charity?

The IRS lists EIN 31-0669700 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024 (amended), object 202513159349300411 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443129349303319 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323079349302872 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243149349303234 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133089349302248 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033179349302803 · read the filing

All filings for EIN 31-0669700: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.