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Established in 1914, the Cleveland Foundation is the world's first community foundation and the nation's second-largest today, with assets of $1.8 billion and annual grants of $80 million to $85 million. The foundation improves the lives of Greater Clevelanders now and for generations to come by building community endowment, addressing needs through grantmaking, and providing leadership on vital issues. We make Cleveland better, one grant at a time.