Higley Fund of the Cleveland Foundation

Higley Fund of the Cleveland Foundation

The Higley Fund was created in 1994 by Beverly and Albert M. Higley Jr. The founders built the vehicle from proceeds of The Albert M. Higley Co., a construction firm. It operates as a supporting organization of the Cleveland Foundation, with its own board and grantmaking strategies. Grantmaking targets food, shelter, clothing, and medical care providers in Greater Cleveland. The fund also supports scholarships and research programs. Confirmed grantees include the Greater Cleveland Food Bank, which received support sufficient for more than 800,000 meals. Capital deployment stays within the United States and focuses on direct grants rather than fund commitments or co-investments. The operating team consists of family members Bruce G. Higley and Sharon Higley Watts, both of whom serve on the board. No additional offices exist beyond Cleveland. No recent operational events from the last 24 months appear in available records. The fund maintains a single-mandate structure tied to the Cleveland Foundation, which sets grant priorities and administers distributions. This arrangement separates investment oversight from the parent foundation while locking the capital to local social-service causes.