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Nonprofiteer
← GREATER CINCINNATI FOUNDATION

Form 990 for tax year 2024

Filed by GREATER CINCINNATI FOUNDATION.

What the amendment changed

Compared with the return it replaced , filed 15 November 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$183,703,186
Total expenses
$200,558,735
Contributions and grants received
$153,837,469
Grants paid
$187,086,742
Program service revenue
$0
Investment income
$28,667,633
Other revenue
$1,198,084
Total assets, end of year
$1,028,372,436
Total liabilities, end of year
$11,335,023
Net assets or fund balances, end of year
$1,017,037,413
Program services expenses (Part IX)
$191,559,956
Management and general expenses
$6,874,059
Fundraising expenses
$2,124,720
Program service expenses (Part III)
$191,559,956

Program services were 95.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $153,837,469

  • 1g · Noncash contributions included above

    $42,583,518

  • 3 · Investment income

    total $28,732,751 · unrelated business $5,596,203 · excluded $23,136,548

  • 7a · Gross sales of assets other than inventory

    securities $171,894,409

  • 7b · Less cost or other basis and sales expenses

    securities $171,959,527

  • 7c · Gain or loss

    securities -$65,118

  • 7d · Net gain or loss

    total -$65,118 · excluded -$65,118

  • 11a · Other revenue: MANAGEMENT FEE

    total $563,044 · related or exempt $563,044

  • 11b · Other revenue: ADMINISTRATION FEES

    total $363,131 · related or exempt $363,131

  • 11c · Other revenue: MISCELLANEOUS

    total $271,909 · related or exempt $271,909

  • 11e · Other revenue, total

    $1,198,084

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $187,076,742 · program services $187,076,742

  • 3 · Grants to foreign organizations and individuals

    total $10,000 · program services $10,000

  • 5 · Compensation of officers, directors and key employees

    total $1,760,381 · program services $704,153 · management and general $721,756 · fundraising $334,472

  • 7 · Other salaries and wages

    total $4,341,869 · program services $1,736,747 · management and general $1,780,167 · fundraising $824,955

  • 8 · Pension plan contributions

    total $316,824 · program services $126,730 · management and general $129,897 · fundraising $60,197

  • 9 · Other employee benefits

    total $556,438 · program services $222,575 · management and general $228,140 · fundraising $105,723

  • 10 · Payroll taxes

    total $406,885 · program services $162,754 · management and general $166,823 · fundraising $77,308

  • 11a · Fees: management

    total $93,158 · program services $37,263 · management and general $38,195 · fundraising $17,700

  • 11b · Fees: legal

    total $51,912 · program services $20,765 · management and general $21,284 · fundraising $9,863

  • 11c · Fees: accounting

    total $66,000 · program services $26,400 · management and general $27,060 · fundraising $12,540

  • 11d · Fees: lobbying

    total $38,592 · management and general $38,592

  • 11f · Fees: investment management

    total $2,251,576 · management and general $2,251,576

  • 11g · Fees: other

    total $1,074,872 · program services $445,385 · management and general $417,929 · fundraising $211,558

  • 12 · Advertising and promotion

    total $461,968 · program services $184,787 · management and general $189,407 · fundraising $87,774

  • 13 · Office expenses

    total $114,318 · program services $45,727 · management and general $46,870 · fundraising $21,721

  • 14 · Information technology

    total $498,809 · program services $199,524 · management and general $204,512 · fundraising $94,773

  • 16 · Occupancy

    total $521,237 · program services $208,495 · management and general $213,707 · fundraising $99,035

  • 22 · Depreciation, depletion and amortization

    total $346,734 · program services $138,694 · management and general $142,160 · fundraising $65,880

  • 23 · Insurance

    total $71,035 · program services $28,414 · management and general $29,124 · fundraising $13,497

  • 24a · Other expenses: OTHER OPERATING EXPENSE

    total $461,823 · program services $184,801 · management and general $189,298 · fundraising $87,724

  • 24b · Other expenses: UNRELATED BUSINESS TAX

    total $37,562 · management and general $37,562

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $709,733 · end of year $756,900

  • 2 · Savings and temporary cash investments

    beginning of year $100,613,169 · end of year $105,388,368

  • 3 · Pledges and grants receivable

    beginning of year $14,499,244 · end of year $12,136,144

  • 4 · Accounts receivable

    beginning of year $505,804 · end of year $743,778

  • 10a · Land, buildings and equipment: cost or other basis

    $2,670,028

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,870,826

  • 10c · Land, buildings and equipment, net

    beginning of year $1,081,364 · end of year $799,202

  • 11 · Investments: publicly traded securities

    beginning of year $832,941,302 · end of year $876,347,525

  • 12 · Investments: other securities

    beginning of year $7,967,951 · end of year $8,463,515

  • 13 · Investments: program-related

    beginning of year $13,672,620 · end of year $15,653,339

  • 15 · Other assets

    beginning of year $9,412,272 · end of year $8,083,665

  • 17 · Accounts payable and accrued expenses

    beginning of year $464,171 · end of year $491,992

  • 18 · Grants payable

    beginning of year $1,795,000 · end of year $2,023,860

  • 25 · Other liabilities

    beginning of year $8,471,346 · end of year $8,819,171

  • 27 · Net assets without donor restrictions

    beginning of year $943,022,033 · end of year $992,042,089

  • 28 · Net assets with donor restrictions

    beginning of year $27,650,909 · end of year $24,995,324

Mission and programs · 2024

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.

  • 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

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Digi Schueler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Ernest McAdams Jr Esq

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Jen Stein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Joel Stone

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • John Domaschko

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Keith Dailey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Maribeth S Rahe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Nirvani Head

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Nita Walker MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Robyn F Chatman MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Sallie Westheimer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Sheila Cohen PhD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Steve Hightower

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Steve Jemison

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Vada Hill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Matt Barney

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Brian Hodgett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Herb Robinson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • George H Vincent Esq

    BOARD IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Ellen Van Der Horst

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3
  • David Osborn CFA

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Matthew Randazzo

    CEO & PRESIDENT

    Total calculated
    $636,782
    From this org
    $569,719
    From related orgs
    $0
    Other
    $67,063
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $494,719
    Bonus
    $75,000
    Other
    $0
    Deferred
    $41,163
    Nontaxable benefits
    $25,900
    Filer's total
    $636,782
  • Melissa Krabbe

    CFO/TREASURER

    Total calculated
    $249,533
    From this org
    $201,794
    From related orgs
    $0
    Other
    $47,739
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $201,794
    Bonus
    $0
    Other
    $0
    Deferred
    $17,155
    Nontaxable benefits
    $30,584
    Filer's total
    $249,533
  • Sarah Weiss

    CHIEF PHILANTHROPY OFFICER

    Total calculated
    $228,188
    From this org
    $194,981
    From related orgs
    $0
    Other
    $33,207
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $194,981
    Bonus
    $0
    Other
    $0
    Deferred
    $10,667
    Nontaxable benefits
    $22,540
    Filer's total
    $228,188
  • Felicity Tao

    SVP OF MARKETING & INTEGRATION

    Total calculated
    $221,681
    From this org
    $175,921
    From related orgs
    $0
    Other
    $45,760
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $175,921
    Bonus
    $0
    Other
    $0
    Deferred
    $14,920
    Nontaxable benefits
    $30,840
    Filer's total
    $221,681
  • Rasheda Cromwell

    CHIEF IMPACT OFFICER

    Total calculated
    $216,709
    From this org
    $177,970
    From related orgs
    $0
    Other
    $38,739
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $167,970
    Bonus
    $10,000
    Other
    $0
    Deferred
    $12,950
    Nontaxable benefits
    $25,789
    Filer's total
    $216,709
  • Sara Bolton

    CHIEF OF STAFF

    Total calculated
    $207,488
    From this org
    $185,118
    From related orgs
    $0
    Other
    $22,370
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $185,118
    Bonus
    $0
    Other
    $0
    Deferred
    $10,667
    Nontaxable benefits
    $11,703
    Filer's total
    $207,488
  • Rachel Perez

    VP OF FINANCE

    Total calculated
    $162,187
    From this org
    $153,034
    From related orgs
    $0
    Other
    $9,153
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $152,034
    Bonus
    $1,000
    Other
    $0
    Deferred
    $8,613
    Nontaxable benefits
    $540
    Filer's total
    $162,187
  • Denisha Porter

    ED, ALL-IN CINCINNATI

    Total calculated
    $158,536
    From this org
    $126,169
    From related orgs
    $0
    Other
    $32,367
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $125,169
    Bonus
    $1,000
    Other
    $0
    Deferred
    $10,376
    Nontaxable benefits
    $21,991
    Filer's total
    $158,536
  • Colleen McCarthy

    VP OF PHILANTHROPY

    Total calculated
    $154,254
    From this org
    $131,833
    From related orgs
    $0
    Other
    $22,421
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $131,833
    Bonus
    $0
    Other
    $0
    Deferred
    $10,868
    Nontaxable benefits
    $11,553
    Filer's total
    $154,254
  • Robert Killins

    VP OF COMMUNITY INVESTMENTS

    Total calculated
    $143,875
    From this org
    $132,718
    From related orgs
    $0
    Other
    $11,157
    Hours/week
    42
  • Adison Nelson

    SENIOR DIRECTOR OF COMM. INVEST.

    Total calculated
    $136,046
    From this org
    $123,958
    From related orgs
    $0
    Other
    $12,088
    Hours/week
    42

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • HEALTHPATH FOUNDATION OF OHIO

    501(C)(3) · SUPPORTING ORGANIZATION · OH · controlled entity

    Directly controlled by THE GREATER CINCINNATI FOUNDATION

  • PUBLIC HEALTH FUND OF OHIO

    501(C)(3) · SUPPORTING ORGANIZATION · OH · controlled entity

    Directly controlled by THE GREATER CINCINNATI FOUNDATION

  • GCF AMPLIFIED GIVING II

    501(C)(3) · SUPPORTING ORGANIZATION · OH · controlled entity

    Directly controlled by THE GREATER CINCINNATI FOUNDATION

  • GCF AMPLIFIED GIVING III

    501(C)(3) · SUPPORTING ORGANIZATION · OH · controlled entity

    Directly controlled by THE GREATER CINCINNATI FOUNDATION

  • GCF AMPLIFIED GIVING IV

    501(C)(3) · SUPPORTING ORGANIZATION · OH · controlled entity

    Directly controlled by THE GREATER CINCINNATI FOUNDATION

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GCF GIFT 1 LLC

    GIFTS · OH · income $490,000 · assets $0

    Directly controlled by GREATER CINCINNATI FOUNDATION

  • GCF GIFT 2 LLC

    GIFTS · OH · income $0 · assets $0

    Directly controlled by GREATER CINCINNATI FOUNDATION

  • GCF GIFT 3 LLC

    GIFTS · OH · income $275,000 · assets $0

    Directly controlled by GREATER CINCINNATI FOUNDATION

  • GCF GIFT 4 LLC

    GIFTS · OH · income $225,000 · assets $0

    Directly controlled by GREATER CINCINNATI FOUNDATION

  • GCF GIFT 5 LLC

    GIFTS · OH · income $360,000 · assets $0

    Directly controlled by GREATER CINCINNATI FOUNDATION

  • GCF GIFT 6 LLC

    GIFTS · OH · income $0 · assets $0

    Directly controlled by GREATER CINCINNATI FOUNDATION

  • GCF GIFT 7 LLC

    GIFTS · OH · income $0 · assets $0

    Directly controlled by GREATER CINCINNATI FOUNDATION

  • GCF GIFT 8 LLC

    GIFTS · OH · income $0 · assets $0

    Directly controlled by GREATER CINCINNATI FOUNDATION

  • GCF GIFT 9 LLC

    GIFTS · OH · income $0 · assets $0

    Directly controlled by GREATER CINCINNATI FOUNDATION

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202513159349300411

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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