Nonprofit · EIN 31-0669700
GREATER CINCINNATI FOUNDATION
Tax-exempt · CINCINNATI, OH 45202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $183,703,186 | $200,558,735 | -$16,855,549 | $1,028,372,436 | $11,335,023 | $1,017,037,413 |
| December 31, 2023 | 990 | $263,557,773 | $157,251,596 | $106,306,177 | $981,403,459 | $10,730,517 | $970,672,942 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $153,837,469
- Program service revenue
- $0
- Investment income
- $28,667,633
- Net gain from sales of assets
- -$65,118
- Other revenue
- $1,198,084
Expenses
- Grants and similar amounts paid
- $187,086,742
- Compensation of officers, directors and key employees
- $1,760,381
- Other salaries and wages
- $4,341,869
- Salaries, compensation and benefits (total)
- $7,382,397
- Professional fundraising fees
- $0
- Legal fees
- $51,912
- Accounting fees
- $66,000
- Occupancy
- $521,237
- Depreciation
- $346,734
- Program services (functional)
- $191,559,956
- Management and general (functional)
- $6,874,059
- Fundraising (functional)
- $2,124,720
Balance sheet and other
- Total assets, start of year
- $981,403,459
- Total assets, end of year
- $1,028,372,436
- Total liabilities, end of year
- $11,335,023
- Net assets, end of year
- $1,017,037,413
- Land, buildings and equipment
- $799,202
- Publicly traded securities
- $876,347,525
- Net assets without donor restrictions
- $992,042,089
- Net assets with donor restrictions
- $24,995,324
- Gross unrelated business income
- $5,596,203
- Gross receipts
- $355,662,713
- Employees
- 66
- Volunteers
- 171
- Year formed
- 1963
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW RANDAZZO | CEO & PRESIDENT Officer | 55 | $569,719 | $67,063 |
| MELISSA KRABBE | CFO/TREASURER Officer | 50 | $201,794 | $47,739 |
| SARAH WEISS | CHIEF PHILANTHROPY OFFICER Key employee | 42 | $194,981 | $33,207 |
| FELICITY TAO | SVP OF MARKETING & INTEGRATION Key employee | 42 | $175,921 | $45,760 |
| RASHEDA CROMWELL | CHIEF IMPACT OFFICER Key employee | 42 | $177,970 | $38,739 |
| SARA BOLTON | CHIEF OF STAFF Key employee | 42 | $185,118 | $22,370 |
| RACHEL PEREZ | VP OF FINANCE Highest-paid employee | 42 | $153,034 | $9,153 |
| DENISHA PORTER | ED, ALL-IN CINCINNATI Highest-paid employee | 42 | $126,169 | $32,367 |
| COLLEEN MCCARTHY | VP OF PHILANTHROPY Highest-paid employee | 42 | $131,833 | $22,421 |
| ROBERT KILLINS | VP OF COMMUNITY INVESTMENTS Highest-paid employee | 42 | $132,718 | $11,157 |
| ADISON NELSON | SENIOR DIRECTOR OF COMM. INVEST. Highest-paid employee | 42 | $123,958 | $12,088 |
| DIGI SCHUELER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ERNEST MCADAMS JR ESQ | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JEN STEIN | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JOEL STONE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN DOMASCHKO | BOARD MEMBER Trustee or director | 3 | $0 |
| KEITH DAILEY | BOARD MEMBER Trustee or director | 3 | $0 |
| MARIBETH S RAHE | BOARD MEMBER Trustee or director | 3 | $0 |
| NIRVANI HEAD | BOARD MEMBER Trustee or director | 3 | $0 |
| NITA WALKER MD | BOARD MEMBER Trustee or director | 3 | $0 |
| ROBYN F CHATMAN MD | BOARD MEMBER Trustee or director | 3 | $0 |
| SALLIE WESTHEIMER | BOARD MEMBER Trustee or director | 3 | $0 |
| SHEILA COHEN PHD | BOARD MEMBER Trustee or director | 3 | $0 |
| STEVE HIGHTOWER | BOARD MEMBER Trustee or director | 3 | $0 |
| STEVE JEMISON | BOARD MEMBER Trustee or director | 3 | $0 |
| VADA HILL | BOARD MEMBER Trustee or director | 3 | $0 |
| MATT BARNEY | BOARD MEMBER Trustee or director | 3 | $0 |
| BRIAN HODGETT | BOARD MEMBER Trustee or director | 3 | $0 |
| HERB ROBINSON | BOARD MEMBER Trustee or director | 3 | $0 |
| GEORGE H VINCENT ESQ | BOARD IMMEDIATE PAST CHAIR Trustee or director, Officer | 3 | $0 |
| ELLEN VAN DER HORST | BOARD CHAIR Trustee or director, Officer | 3 | $0 |
| DAVID OSBORN CFA | BOARD VICE CHAIR Trustee or director, Officer | 3 | $0 |
990 for the year ended December 31, 2023: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW RANDAZZO | CEO & PRESIDENT Officer | 55 | $316,787 | $25,548 |
| ELLEN KATZ | CEO & PRESIDENT (UNTIL JUNE 2023) Officer | 55 | $280,051 | $44,842 |
| WILL WOODWARD | CFO/TREASURER (UNTIL AUGUST 2023) Officer | 50 | $201,011 | $35,425 |
| FELICITY TAO | VP OF MARKETING & INTEGRATION Highest-paid employee | 42 | $178,952 | $44,026 |
| MELISSA KRABBE | CFO/TREASURER Officer | 50 | $156,741 | $43,623 |
| ERIC DEWALD | HEALTHPATH/PHFO, PRESIDENT Highest-paid employee | 1 | $171,282 | $27,079 |
| RASHEDA CROMWELL | VP OF COMMUNITY STRATEGY Highest-paid employee | 42 | $155,163 | $36,511 |
| DENISHA PORTER | EXEC. DIR. - ALL IN CINCIN Highest-paid employee | 42 | $153,793 | $35,482 |
| MEGHAN CUMMINGS | VP OF CIVIC ADVANCEMENT Highest-paid employee | 42 | $162,158 | $12,618 |
| DAVID OSBORN CFA | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DIGI SCHUELER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ERNEST MCADAMS JR ESQ | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JEN STEIN | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JOEL STONE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JOHN DOMASCHKO | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| KEITH DAILEY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MARIBETH S RAHE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MIKE KEATING | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| NIRVANI HEAD | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| NITA WALKER MD | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ROBYN F CHATMAN MD | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| SALLIE WESTHEIMER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| SHEILA COHEN PHD | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| STEVE HIGHTOWER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| STEVE JEMISON | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| UMA R KOTAGAL MD | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| VADA HILL | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DELORES HARGROVE-YOUNG | BOARD IMMEDIATE PAST CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| GEORGE H VINCENT ESQ | BOARD CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| ELLEN VAN DER HORST | BOARD VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 720 E PETE ROSE WAY STE 120, CINCINNATI, OH 45202-3576
- In care of
- % STAR BANK CENTER
- Principal officer (990 for 2024)
- MATTHEW RANDAZZO, 720 E PETE ROSE WAY 120, CINCINNATI, OH 45202
- Signed the 990
- MATTHEW RANDAZZO, PRESIDENT & CEO
- Phone
- (513) 241-2880
- Website
- HTTPS://WWW.GCFDN.ORG
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
AS A TRUSTED AND CONNECTED PARTNER, WE INSPIRE GENEROUS PEOPLE TO INVEST IN A MORE EQUITABLE AND VIBRANT REGION NOW AND FOR GENERATIONS TO COME.
Program accomplishments
- 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.Expenses $161,688,860 · grants $160,346,896
- 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.Expenses $17,413,668 · grants $16,966,347
- 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.Expenses $5,165,191 · grants $3,823,227
- COMMUNITY LEADERSHIP INITIATIVES, SCHOLARSHIP FUND GRANTS AND VARIOUS MISC. GRANTS.Expenses $7,292,237 · grants $5,950,272
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-0669700
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $1,028,372,436
- Income (IRS master file)
- $355,662,713
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $183,703,186 | $200,558,735 | $1,028,372,436 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $263,557,773 | $157,251,596 | $981,403,459 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $105,394,343 | $121,589,479 | $820,405,582 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-0669700).
Questions about GREATER CINCINNATI FOUNDATION
- What is the EIN of GREATER CINCINNATI FOUNDATION?
- The employer identification number (EIN) of GREATER CINCINNATI FOUNDATION is 31-0669700.
- Is GREATER CINCINNATI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to GREATER CINCINNATI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREATER CINCINNATI FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREATER CINCINNATI FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER CINCINNATI FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GREATER CINCINNATI FOUNDATION?
- The 990 for the year ended December 31, 2024 names MATTHEW RANDAZZO.
- Who are the officers and directors of GREATER CINCINNATI FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 32 people; 11 received compensation from the organization, the highest $569,719 (MATTHEW RANDAZZO, CEO & PRESIDENT).
- How much revenue does GREATER CINCINNATI FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $183,703,186, expenses of $200,558,735 and total assets of $1,028,372,436 at year end.
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- UNIVERSITY OF CINCINNATI FOUNDATION EIN 31-0896555 · last filed 990 for 2025
- JOHNSON CHARITABLE GIFT FUND EIN 30-0233491 · last filed 990 for 2025
- MILLSTONE FUND EIN 83-4320073 · last filed 990-PF for 2025
- STRIVETOGETHER INC EIN 81-3380647 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER CINCINNATI EIN 31-0537178 · last filed 990 for 2025
- UNITED WAY OF GREATER CINCINNATI EIN 31-0537502 · last filed 990 for 2025
- JEWISH FOUNDATION OF CINCINNATI EIN 31-1451489 · last filed 990-PF for 2025
- JEWISH FEDERATION OF CINCINNATI EIN 31-0537174 · last filed 990 for 2024
All nonprofits in CINCINNATI · Ohio · Philanthropy, voluntarism and grantmaking foundations