CHURCH OF THE SAVIOUR FOUNDATION

EIN: 346521549 501(c)(3)

CLEVELAND, OH

Total Revenue
$1,367,612
Total Expenses
$783,337
Total Assets
$17,230,537
Net Assets
$17,230,537
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
OH
Principal Officer
CATHY BELK
Phone
2163818880
Tax Period
2025-01-01 to 2025-12-31

CHURCH OF THE SAVIOUR FOUNDATION, founded in 1955, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2025. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $584K, a strong 43% operating margin.

Mission

CHURCH OF THE SAVIOUR FOUNDATION PROVIDES PERMANENT SUPPORT TO CHURCH OF THE SAVIOUR BY UNDERWRITING MAJOR MAINTENANCE OF THE CHURCH'S GRAND FACILITIES, PROVIDING START-UP FUNDS FOR NEW MINISTRY INITIATIVES AND CHURCH PROGRAMS, AND SUPPORTING LOCAL AND WORLDWIDE MISSION WORK. PROPERTY OF THE CHURCH OF THE SAVIOUR FOUNDATION SHALL BE USED SOLELY AND EXCLUSIVELY FOR THE BENEFIT OF CHURCH OF THE SAVIOUR, UNITED METHODIST, OR ITS SUCCESSOR, AND THE CONDUCT, MAINTENANCE, PROMOTION, DEVELOPMENT OF SUPPORT OF ANY EXCLUSIVELY PUBLIC RELIGIOUS, CHARITABLE OR EDUCATIONAL WORKS OR ACTIVITIES IN WHICH SAID CHURCH NOW IS, OR MAY HEREAFTER BE ENGAGED, EITHER DIRECTLY OR INDIRECTLY, ALONE OR IN CONJUCTION WITH ONE OR MORE OTHER INSTITUTIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR PUBLIC RELIGIOUS, CHARITABLE OR EDUCTIONAL PURPOSES, PROVIDED NO PART OF THE NET EARNINGS OF SUCH OTHER INSTITUIONS INURE TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL.

Program Service Accomplishments

Program 1
Expenses: $718,413

IN 2024, THE CHURCH OF THE SAVIOUR FOUNDATION AWARDED GRANTS TOTALING 494,068, BOTH DIRECTLY TO THE CHURCH AND TO THIRD PARTIES ON ITS BEHALF, TO SUPPORT CAPITAL IMPROVEMENTS, NEW MINISTRY...

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IN 2024, THE CHURCH OF THE SAVIOUR FOUNDATION AWARDED GRANTS TOTALING 494,068, BOTH DIRECTLY TO THE CHURCH AND TO THIRD PARTIES ON ITS BEHALF, TO SUPPORT CAPITAL IMPROVEMENTS, NEW MINISTRY INITIATIVES, AND A CAPITAL CAMPAIGN. ADDITIONALLY, THE CHURCH CELEBRATED LEGACY GIFTS DIRECTED TOWARD SPECIFIC MINISTRIES. ALSO IN 2023, THE FOUNDATION RECEIVED A SUBSTANTIAL BEQUEST AND CREATED THE "SUSTAINING FUND" TO HELP SUPPORT ITS ANNUAL OPERATING BUDGET. THERE ARE FIVE BASIC TYPES OF FUNDS ESTABLISHED AND UTILIZED BY THE FOUNDATION: GENERAL MEMORIAL - UNRESTRICTED MAINTENANCE - SUPPORTS MAINTENANCE OF THE CHURCH FACILITIES SPECIAL PURPOSE - SUPPORTS PROGRAMS AND MISSION OF THE CHURCH SUSTAINING - SUPPORTS THE CHURCH'S ANNUAL OPERATING BUDGET POLICIES CONCERNING THE ESTABLISHMENT AND USE OF THE FUNDS: GENERAL MEMORIAL FUNDS - COMPRISED OF UNDESIGNATED GIFTS AND BEQUESTS IN THE ORIGINAL AMOUNT OF 5,000 OR MORE, NAMED BY THE DONOR OR FOR THE DECEDENT AND GENERAL INCOME- UNNAMED GIFTS LESS THAN 5,000. MAINTENANCE ENDOWMENT FUNDS - COMPRISED OF DESIGNATED GIFTS AND BEQUESTS IN THE MINIMUM AMOUNT OF 5,000 SPECIAL PURPOSE ENDOWMENT FUNDS - COMPRISED OF DESIGNATED GIFTS AND BEQUESTS IN THE MINIMUM AMOUNT OF 25,000 - THE PURPOSE OF THE SPECIAL PURPOSE FUND MUST BE CONSISTENT WITH THE PURPOSE OF THE FOUNDATION AND IN ACCORDANCE WITH THE GIFT ACCEPTANCE POLICY. IF THE ORIGINAL GIFT IS LESS THAN 25,000, THE DONOR AND FAMILY COMMIT TO BUILD THE FUND TO ITS MINIMUM VALUE WITHIN THREE YEARS OF THE ORIGINAL GIFT. IF THAT IS NOT ACHIEVED, THE FUNDS WILL BE TRANSFERRED TO THE GENERAL MEMORIAL FUND. THE FOUNDATION TRUSTEES MUST FORMALLY ACCEPT THE GIFT OR A BEQUEST FOR SUCH A PURPOSE. SUSTAINING ENDOWMENT FUND - COMPRISED OF DESIGNATED GIFTS AND BEQUESTS IN THE MINIMUM AMOUNT OF 100,000. IF THE ORIGINAL GIFT IS LESS THAN 100,000, THE DONOR AND FAMILY COMMIT TO BUILD THE FUND TO ITS MINIMUM VALUE WITHIN THREE YEARS OF THE ORIGINAL GIFT. IF THAT IS NOT ACHIEVED, THE FUNDS WILL BE TRANSFERRED TO THE GENERAL MEMORIAL FUND. DISTRIBUTION POLICY: THE FOUNDATION DISTRIBUTES UP TO 4.75% OF THE AVERAGE THREE-YEAR OF TOTAL ASSETS AS OF 12/31 FROM OF THE GENERAL MEMORIAL FUND, THE MAINTENANCE ENDOWMENT FUND, AND THE SUSTAINING ENDOWMENT FUND. SPECIAL PURPOSE ENDOWMENT FUNDS DISTRIBUTE INCOME ONLY. FOR ALLOCATION PURPOSES, TWO THIRDS OF THE DOLLARS FROM THE COMBINED GENERAL MEMORIAL AND MAINTENANCE FUNDS ARE TO BE USED FOR BUILDING AND CAPITAL IMPROVEMENTS AND ONE THIRD FOR PROGRAMMING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $122,745
Program Service Revenue $0
Investment Income $1,244,867
Other Revenue $0
TOTAL REVENUE $1,367,612

Expense Breakdown

Grants Paid $654,013
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $718,413
Other Expenses $129,324
TOTAL EXPENSES $783,337

Year-over-Year Comparison

2025 2024 Change
Revenue $1,367,612 $915,228 +0.5%
Expenses $783,337 $577,766 +0.4%
Net Income $584,275 $337,462 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHY BELK CHAIR 2.00
Officer Director
$0 $0 $0
REV ANDY CALL TRUSTEE 1.00
Director
$0 $0 $0
MARTY KOLB TRUSTEE 1.00
Director
$0 $0 $0
MARK DUFFY TRUSTEE 1.00
Director
$0 $0 $0
VALENTA WARD-GRAVELY TRUSTEE 1.00
Director
$0 $0 $0
MATT GRABAN TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY PERSONS TRUSTEE 1.00
Director
$0 $0 $0
SANDRA KIELY KOLB SECRETARY/TR 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,367,612 $783,337 $17,230,537 $584,275
2024 No data No data No data No data
2023 $841,672 $587,183 $14,326,906 $254,489
2022 $632,141 $477,585 $12,610,545 $154,556
2021 $607,949 $535,475 $15,200,260 $72,474
2020 $462,792 $507,984 $13,738,709 $-45,192
2019 $346,986 $496,366 $12,325,232 $-149,380
2018 $510,294 $482,675 $10,612,925 $27,619
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