SEEING OPPORTUNITIES AMONG THE CHALLENGES

FINANCIAL
STATEMENT

Saint Luke’s Foundation of Cleveland, Ohio reinvests
its resources to provide leadership and support for the improvement and transformation of the health and
well-being of individuals, families and communities
of Greater Cleveland.

2014 FINANCIAL STATEMENT

Respect.

Leadership.

Partnership.

Courage.

Results.

Transparency.

NET ASSETS

Cash, Investments and Other Assets | $178,886,801

Less Accrued Expenses | -$301,623

Net Assets | $178,585,178

 

REVENUES

Investment income, including unrealized gains

Net gains | $10,142,358

Total Revenue | $10,142,358

 

GRANTS AND EXPENSES

Healthy People Grants | $4,344,900

Strong Communities Grants | $3,708,093

Resilient Families Grants | $2,106,500

Other Grants | $981,324

Program Expenses | $430,075

Operating Expenses and Taxes | $1,747,481

 

Total Grants and Expenses | $13,318,373