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FAQ's (Frequently Asked Questions)

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FAQ's

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How long has the foundation been in operation? 

The Saint Luke’s Board of Trustees has been in place since 1997.

How is the foundation managed?

The foundation is managed by the President/CEO, who reports to the Board of Trustees.

Who sits on the board?

The Board of Trustees is made up of a highly dedicated, diverse group of community volunteers. Please click on the Meet the Board link within the Who We Are section for a complete listing of all active and honorary trustees.

How often does the board meet? 

The board meets quarterly in March, June, September and December.

How much does the foundation give in grants annually? 

The Foundation awards a minimum of five percent (5%) of the average value of its assets annually.  Our asset value at the end of 2006 was $224 million.

What are the funding priorities? 

The Saint Luke’s Foundation’s funding priorities are health and healthcare, human services and neighborhood empowerment.

How do I get a copy of the annual report? 

You can obtain the current (or past) annual report(s) on the website or contact our office at 216/431-8010 to have a copy mailed.

How are funding decisions made? 

The Grant Committee of the Board of Trustees meets three times a year to approve requests between $20,000 and $150,000.  They make recommendations to the Board of Trustees for requests over $150,000.  Staff discretionary requests are awarded on a rolling basis for requests up to $20,000.

When are funding decisions made? 

The Grant Committee meets three times a year, in March, July, and November.