About Third Federal Foundation
Third Federal Foundation concentrates its philanthropic resources on a single Cleveland-based community organization, providing substantial, recurring support to University Settlement. The foundation appears focused on neighborhood-level human services and community development delivered through a long-established settlement house model. Its giving suggests a strategy of strengthening trusted local service providers rather than diversifying across many causes or geographies.
Focus Areas
Settlement house/community center operations in ClevelandNeighborhood social services (family support, youth programs, basic needs)Local community development and capacity building
Who They Fund
unspecified/unknown
Giving Approach
Highly concentrated: few, relatively large grants exclusively to a single repeat grantee, indicating core operating or multi-year support for one longstanding local partner.
Funding Style
unspecified/undesignated charitable support
Notable grantees: University Settlement
About Third Federal Foundation
Third Federal Foundation’s recent giving is anchored by a long-running relationship with University Settlement in Cleveland, including grants of $535,000 in 2023 and $430,000 in both 2024 and 2025. That pattern points to a funder that supports a small set of organizations over multiple years rather than spreading attention broadly. The foundation’s priorities center on Cleveland neighborhood institutions that deliver human services, youth programming, literacy support, and community development. Recent grants also show sustained support for Cleveland Central Catholic High School, Boys and Girls Club of Cleveland, Say Yes to Education, and City Year Cleveland, all of which sit within a local network of educational and youth-serving organizations. Third Federal Foundation’s overall profile suggests a grantmaker that uses charitable support to reinforce trusted, place-based nonprofits serving low- and moderate-income communities. Its largest recent awards are paired with repeated gifts, indicating an ongoing funding relationship rather than one-time project support. The result is a giving pattern built around continuity, local presence, and a narrow circle of recipients with established community roles.
What Third Federal Foundation Funds
Education and youth development appear prominently in the foundation’s grant list. It gave $300,000 to Cleveland Central Catholic High School in 2025, $200,000 to Boys and Girls Club of Cleveland in 2024, and $200,000 to Say Yes to Education in 2024, all in Cleveland. Literacy is another clear thread: The Literacy Cooperative of Greater Cleveland received $205,000 in 2023 and $140,000 in 2025. The foundation also supports service-oriented community organizations, including $130,000 to Youth Opportunities Unlimited in 2024 and $115,000 to City Year Cleveland in 2024. Outside the Cleveland core, it made a $100,000 grant in 2025 to Western Reserve Land Conservancy in Moreland Hills, showing some support for broader community capacity and land-related work.
How Third Federal Foundation Gives
Third Federal Foundation’s grant sizes cluster around mid-sized and larger awards, with a p25 of $10,000, a median of $20,000, and a p75 of $50,000. The recent record shows repeated support to the same organizations across 2023, 2024, and 2025, especially in Cleveland. That suggests a renewal-oriented pattern rather than many one-off awards. The foundation does not make grants to individuals and does not make program-related investments. Its active community giving program is framed around sponsorships, events, and charitable giving, and it accepts no unsolicited applications.
Financial Snapshot
Annual Giving
$3.9M
Total Assets
$28M
Total Revenue
$3.1M
Total Expenses
$4.2M
Typical Grant Size
Most grants fall between $10K and $50K, with a median of $20K.
25th Percentile
$10K
Median
$20K
75th Percentile
$50K
Geographic Reach
Regional8 states funded
Funding intensity
LowHigh
Headquarters
Unlock Deep Analysis
Sign up for a free Kindora account to access AI-generated insights into this funder's giving patterns, decision-makers, and fit signals.
Get Started FreeSee Similar Funders
Free Kindora accounts unlock side-by-side comparisons with foundations that share this funder's focus areas and giving profile.
Get Started FreeExplore related grant guides
Want a Personalized Pitch for Third Federal Foundation?
Sign up free to see how well your nonprofit fits this funder, get an AI-generated pitch, and unlock similar foundations.
Free plan available
No contracts
Cancel anytime