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Brentwood Foundation
The Brentwood Foundation was established in 1994 by Richard Barone. Its stated purpose centers on medical education, research, and patient care in osteopathic...
Brentwood Foundation
The Brentwood Foundation was established in 1994 by Richard Barone. Its stated purpose centers on medical education, research, and patient care in osteopathic medicine, with primary activity in Northeast Ohio. The foundation deploys capital through grants and property holdings. Confirmed recipients include Cleveland Clinic South Pointe Hospital and Ohio University Heritage College of Osteopathic Medicine. It also maintains commercial real estate assets in Lyndhurst and Cleveland, Ohio, alongside an Ancora Mutual Funds portfolio. The foundation lists Richard Barone as key trustee. It maintains membership in Grantmakers In Health and separate philanthropic vehicles including the Arch Eagle Foundation and Cleveland State University Foundation. No operational events from the last 24 months appear in available records. The foundation's architecture ties investment decisions directly to a single trustee with ties to Ancora Group, creating a concentrated governance model without external fund commitments or co-investor clubs.
General information
Firm type
Endowment / Foundation
Year founded
1994
Location
Region
North America
Country
United States
City
Cleveland
Corporate office
Cleveland, OH, United States
Principals
Richard Barone
Key trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Brentwood Foundation?
Richard Barone serves as key trustee and shapes the investment approach. He is also founder of Ancora Group.
What asset classes does Brentwood Foundation hold?
The foundation maintains commercial real estate through Grand River Property Investments and Grand River Property Holdings plus an Ancora Mutual Funds portfolio.
Which organizations receive grants from Brentwood Foundation?
Primary grant recipients include Cleveland Clinic South Pointe Hospital and Ohio University Heritage College of Osteopathic Medicine.
Is Brentwood Foundation a single-family office?
No. It operates as a private not-for-profit foundation with a medical-education mandate.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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