Funder DirectoryEVERGREEN COOPERATIVE CORPORATION
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Grantmaking public charityEIN 452743815

EVERGREEN COOPERATIVE CORPORATION

Cleveland, OH 44103

Total Assets

$11.3M

FY 2024

Annual Giving

FY 2024

Grants Made

0

FY 2024

Avg Grant

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$401K

Compensation for key management with respect to Evergreen Business Services, Inc., Evergreen Cooperative Development Fund, LLC and other start-up cooperative ventures. Key management is charged with the responsibility to share their knowledge regarding cooperative ownership, capital planning and budgets, strategic planning, the importance and roles of company board of directors and committees, and other important business concepts with the board, staff, and employees of the cooperative companies. Former workers had the opportunity to apply for the jobs. The workers are eligible to become members of the cooperative association after 12 months employment and share in the profits of the company.

Program 2

THE FUND FOR EMPLOYEE OWNERSHIP During 2019, The Kendeda Fund granted ECC $8 million over 4 years to capitalize the Fund for Employee Ownership. Restricted use of $6.5 million waas for ECC to acquire and convert existing small businesses to employee owned businesses. These restricted funds have been invested through Evergreen Cooperative Development Fund (ECDF), which is the fund for employee ownership.

Program 3

Employee training

Focus Areas

Community Improvement & Capacity Building

Financial Snapshot

2024 filing

Total Revenue

$1.7M

Total Expenses

$1.1M

Giving Over Time

2 years

Giving over time from 2020 to 2022. Peak — in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

6 grants

Evergreen Business Services
2 grants
Evergreen Energy Solutions
2 grants
Green City Growers Cooperative
2 grants

Geographic Focus

1 states

Ohio
0% of total

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