Fund for Our Economic Future of Northeast Ohio
ActiveCommunity Improvement
About Fund for Our Economic Future of Northeast Ohio
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.
Focus Areas
regional economic developmentworkforce developmenttransportation and mobility accessracial & economic inclusionjob creation and employer engagementresearch, analysis and policysustainable growth and environmental assets
Who They Fund
job seekers / unemployed adultsunderemployed or entry-level workerslocal workforce populations
Funding Style
About Fund for Our Economic Future of Northeast Ohio
The Fund for Our Economic Future of Northeast Ohio uses pooled, member-led grantmaking to back projects and collaborations that aim to advance equitable economic growth across Northeast Ohio. Its recent grants show a strong emphasis on job preparation, job access, and job creation, with larger awards supporting organizations that connect residents to workforce pathways and regional economic activity. Several grants point to that strategy in practice. Magnet received $1,966,667 in 2023 for job preparation, and Youth Opportunities Unlimited received $1,000,000 in 2023 for the same broad area. The Fund also supported Economic Growth Foundation with a $686,749 grant in 2023 tied to job preparation and job creation, and New Bridge with a $385,000 grant in 2024 for job preparation. Other awards went to Cleveland Citywide Development Corporation, Cuyahoga Community College Foundation, and Team Neo, showing a pattern of working through regional intermediaries and place-based organizations. The foundation’s grantmaking also connects workforce work to broader regional goals. Its active programs describe support for initiatives that produce actionable insights, replicable practices, and region-wide influence, including inclusive economic development, sustainable growth, and wealth-building approaches. That framing makes the funder more than a job-training grantmaker: it is a collaborative regional funder focused on economic systems change in Northeast Ohio.
What Fund for Our Economic Future of Northeast Ohio Funds
Workforce development is one of the clearest through lines in the Fund for Our Economic Future of Northeast Ohio’s recent grants. Magnet received $1,966,667 in 2023 for job preparation, and New Bridge Cleveland received $315,960 in 2023 for the same area. The larger pattern matches the fund’s stated interest in pathways to opportunity and career-track jobs. The foundation also supports job access and placement work. Team Neo received $250,000 in 2024 for job access and another $150,000 in 2025 for job access, while Starting Point received $30,000 in 2024 for job preparation and $30,000 in 2025 for job access. Research and policy appear alongside direct workforce work. Policybridge received $24,000 in 2023 for job preparation and research, and Team Neo received $30,000 in 2023 for job preparation and research. The grant list also includes job creation awards, such as the $50,000 grant to Ohio Aerospace Institute in 2024.
Financial Snapshot
Annual Giving
$321K
Total Assets
$6.1M
Total Revenue
$4.9M
Total Expenses
$6.4M
Typical Grant Size
Most grants fall between $30K and $266K, with a median of $75K.
25th Percentile
$30K
Median
$75K
75th Percentile
$266K
Geographic Reach
Local3 states funded
Funding intensity
LowHigh
Headquarters
Leadership
BETHIA CULLIS AKA BURKE
Accepts unsolicited proposals
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