Foundation Awards $7.9 Million in December
CLEVELAND OH — The George Gund Foundation re-affirmed its commitment to revitalizing Cleveland’s neighborhoods with a three-year $3.6 million grant to Neighborhood Progress, Inc. and a $300,000 grant to Shorebank Enterprise Group Cleveland.
NPI, which is the principal intermediary between funders and community development corporations in Cleveland, has played a key role in the development of new housing and the revitalization of neighborhood Neighborhood Dec 06 Grantscommercial districts, resulting in a rise in residential property values and slowing of the city’s population decline.
Shorebank and its related subsidiaries, which have provided financing for a number of housing projects and business start-ups in Cleveland, also operate a business incubator and a program to link businesses with the neighborhood workforce.
The grants were among 86 totaling $7,863,026 that were made by Gund Trustees at the Foundation’s fourth quarterly meeting of 2006. Grantmaking for the year totaled $27,551,038.
Trustees also approved a five-year $1,000,000 grant to the Cleveland Zoological Society to incorporate green building standards into design and construction of the new African Elephant Crossing exhibit facility.
Other grants of interest include:
- $125,000 for the 2007 Ingenuity Festival which will take place in Playhouse Square.
- $300,000 over two years to the Washington D.C. based Center on Budget and Policy Priorities for analysis on federal fiscal policy.
- $75,000 in continued support to the University of Cincinnati for the Teacher Quality Partnership project, a longitudinal study of teacher preparation, in-school support and effectiveness in Ohio.
- $50,000 to the Detroit Shoreway Community Development Organization to staff the fundraising effort for the Gordon Square Arts District.
- $25,000 to the Catholic Diocese of Cleveland Foundation for the Resource Mothers and Doulas of Cleveland project.
- $40,000 to Ideastream for the FIRST (For Inspiration and Recognition of Science and Technology) Buckeye High School Robotics Competition.
- $31,320 to the Ohio Citizen Action Fund to purchase air toxic monitoring equipment for use by citizen groups throughout Ohio.
The George Gund Foundation was established in 1952 by George Gund, former chairman of the Cleveland Trust Company. The Foundation funds programs that enhance our understanding of the physical and social environment in which we live and increase our ability to cope with its changing requirements. Grants are made quarterly in the areas of education, human services, economic and community development, environment and arts. Foundation commitments to date have totaled more than $483 million.
For Further Information Contact:
Deena M. Epstein (216)241.3114