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The George Gund Foundation

Profile

Last profile update: 04/19/2017
Last grant data update: 05/06/2017

At A Glance

The George Gund Foundation

1845 Guildhall Bldg., 45 Prospect Ave. W.

Cleveland, OH United States 44115-1018

Telephone: (216) 241-3114

URL: gundfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

EIN

346519769

BRIDGE Number

4341629008

Background

Incorporated in 1952 in OH - Founded by the late George Gund, who was a businessman and philanthropist. Mr. Gund's early career included banking and real estate in Seattle, WA, serving in Army intelligence during World War I, developing the Kaffee-Hag Corporation in Cleveland, OH. His interest in banking culminated in his becoming President of The Cleveland Trust Company in 1941. At his death in 1966, he was Chairman of the Board. The George Gund Foundation was established in 1952 as a private, nonprofit institution with the sole purpose of contributing to human well-being and the progress of society. Over the years, program objectives and priorities have been modified to meet the changing opportunities and challenges of our society, but the foundation's basic goal of advancing human welfare remains constant.

Purpose and Activities

Priority to education projects, with emphasis on new concepts and methods of teaching and learning, and on increasing educational opportunities for the disadvantaged; programs advancing economic revitalization and job creation; projects promoting neighborhood development; projects for improving human services, employment opportunities, housing for minority and low-income groups; support also for ecology, civic affairs, and the arts. Preference is given to pilot projects and innovative programs which present prospects for broad replication.