Skip to content
Nonprofiteer
← HARVARD BUSINESS SCHOOL CLUB OF CLEVELAND FUND

Form 990 for tax year 2024

Filed by HARVARD BUSINESS SCHOOL CLUB OF CLEVELAND FUND.

Totals

Total revenue
$357,917
Total expenses
$279,679
Contributions and grants received
$0
Grants paid
$249,235
Program service revenue
$0
Investment income
$368,980
Other revenue
-$11,063
Total assets, end of year
$4,423,816
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,423,816
Program services expenses (Part IX)
$255,216
Management and general expenses
$24,463
Fundraising expenses
$0
Program service expenses (Part III)
$255,216

Program services were 91.3% 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.

  • 3 · Investment income

    total $81,652 · excluded $81,652

  • 7a · Gross sales of assets other than inventory

    securities $1,487,949

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

    securities $1,200,621

  • 7c · Gain or loss

    securities $287,328

  • 7d · Net gain or loss

    total $287,328 · excluded $287,328

  • 11a · Other revenue: COMMONFUND CAPITAL PARTNERS VIII

    total -$11,063 · unrelated business -$5,232 · excluded -$5,831

  • 11e · Other revenue, total

    -$11,063

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $249,235 · program services $249,235

  • 5 · Compensation of officers, directors and key employees

    total $28,904 · program services $5,781 · management and general $23,123

  • 24a · Other expenses: State Filing Fees

    total $200 · program services $200

  • 24b · Other expenses: Foreign Taxes

    total $1,340 · management and general $1,340

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $846,984 · end of year $536,307

  • 11 · Investments: publicly traded securities

    beginning of year $3,486,930 · end of year $3,887,509

  • 29 · Capital stock, trust principal or current funds

    beginning of year $4,333,914 · end of year $4,423,817

  • 31 · Retained earnings, endowment or other funds

    end of year -$1

Mission and programs · 2024

Mission

PROVIDING SCHOLARSHIPS; FURTHERING BUSINESS EDUCATION; PROMOTING EDUCATIONAL MEEETINGS

  • FURTHERING BUSINESS EDUCATION AT HARVARD SCHOOL OF BUSINESS

    Expenses $42,813 · Grants $41,810

  • GENERAL SUPPORT OF JUNIOR ACHIEVEMENT OF GENERAL OH

    Expenses $25,600 · Grants $25,000

  • GENERAL SUPPORT OF YOUTH OPPORTUNITIES UNLIMITED

    Expenses $25,600 · Grants $25,000

  • Expenses $161,203 · Grants $157,425

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

Listed in Part VII

  • Pnc Bank Na

    TRUSTEE

    Total calculated
    $28,904
    From this org
    $28,904
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

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.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202523179349304682

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

The source document this was parsed from is served over the API, which is where bulk and document access live.