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Catholic Community Foundation
The Catholic Community Foundation was established to support the Diocese of Cleveland. Most Reverend Edward C. Malesic serves as sole member.
Catholic Community Foundation
The Catholic Community Foundation was established to support the Diocese of Cleveland. Most Reverend Edward C. Malesic serves as sole member. Patrick Grace leads day-to-day operations. The foundation receives and deploys gifts in real estate, life insurance policies, and charitable gift annuities. Proceeds fund Catholic Charities Corporation of Cleveland and related education and formation programs. Geographic focus remains Northeast Ohio with limited activity outside the diocese footprint. Board members include Andrew J. Rebholz as chair and Chris Gorman of KeyCorp. Patrick Grace also serves on the board of the International Catholic Stewardship Council. No investment professionals or external fund commitments appear in available records. The foundation operates as a supporting organization under the diocese rather than an independent endowment. Governance flows through the bishop and appointed board with no separate succession vehicle disclosed.
General information
Firm type
Endowment
Year founded
2000
Location
Region
North America
Country
United States
City
Cleveland
Corporate office
San Jose, OH, United States
Principals
Most Reverend Edward C. Malesic
Bishop of Cleveland and Sole Member
Patrick Grace
Executive Director
Andrew J. Rebholz
Board Chair
Chris Gorman
Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at Catholic Community Foundation?
Patrick Grace serves as Executive Director. The bishop acts as sole member with final authority over major decisions.
How does Catholic Community Foundation source proprietary deal flow?
Gifts arrive through diocesan parishes, Catholic Charities, and professional advisors in Northeast Ohio.
Is Catholic Community Foundation structured as a single family office or does it operate more like a venture firm?
It functions as a supporting organization for the Diocese of Cleveland with no venture-style deployment.
Does Catholic Community Foundation participate in fund commitments or only direct deals?
Available records show only direct receipt of real estate, insurance policies, and gift annuities.
Where does the underlying wealth come from?
Assets originate from donors supporting the Diocese of Cleveland and its ministries.
Does Catholic Community Foundation maintain philanthropic structures, and how are they separated?
It coordinates with Catholic Charities Corporation of Cleveland and named funds such as the Tabor Fund and Women's Giving Circle.
What is Catholic Community Foundation's known posture on co-investments alongside external GPs?
No participation in external fund commitments or co-investments is recorded.
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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