# Brentwood Foundation

Brentwood Foundation is an Endowment / Foundation based in Cleveland, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Cleveland, United States
- **Region:** North America
- **Address:** Cleveland, OH, United States
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** www.brentwood-foundation.org

## Regulatory record

- **Reports private funds:** No

## About

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. 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.

## Sectors

- Healthcare Services

## People

- Richard Barone — Key trustee

## 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.

## Related profiles

- [Brentwood Capital Advisors](https://altss.com/profile/brentwood-capital-advisors)
- [Brera Partners](https://altss.com/profile/brera-partners)

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Updated: 2026-06-03T20:00:00.000Z

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