# The George Gund Foundation

The George Gund Foundation is an Endowment / Foundation based in Cleveland, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Cleveland, United States
- **Region:** North America
- **Address:** 45 West Prospect Avenue 1845 Guildhall Building, Cleveland, OH 44115, United States
- **Founded:** 1952
- **Assets under management:** 513 (Altss estimate)
- **Website:** gundfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/the-george-gund-foundation

## Regulatory record

- **Reports private funds:** No

## About

The George Gund Foundation was established in 1952 by George Gund II. It functions as a private non-profit grantmaker headquartered in Cleveland. Family members including Catherine Gund, Zachary Gund and Geoffrey Gund serve on the board. The foundation allocates across public equities, private equity and program-related investments. Confirmed positions include Kellanova, Devon Energy, Amazon and Yum! Brands. It maintains limited partner roles in JumpStart, Village Capital Corporation and Growth Opportunity Partners. Geographic focus centers on the United States with primary activity in Ohio and national reach through climate and education initiatives. Ticket sizes for program-related investments range from $0.25 million to $2 million. Assets total $513 million. The foundation employs Goldman Sachs as investment advisor and KeyBank as custodian. It holds membership in Philanthropy Ohio, the Center for Effective Philanthropy and the National Center for Family Philanthropy. No operational events from the last 24 months appear in available records. The foundation requires climate change impact statements from all grantees and commits its entire endowment to mission-aligned deployment. This structure separates grantmaking from family operating businesses while retaining direct oversight by Gund family trustees.

## Sectors

- Climate
- Arts
- Education
- Social Justice

## People

- Catherine Gund — Chair of the Board of Trustees
- Zachary Gund — Treasurer and Trustee
- Geoffrey Gund — Trustee

## Questions

### Who runs investment decisions at The George Gund Foundation?

Catherine Gund serves as Chair of the Board of Trustees. Zachary Gund acts as Treasurer. The board retains final authority over endowment allocation and grant approvals.

### Does The George Gund Foundation participate in fund commitments or only direct deals?

The foundation holds limited partner positions in venture vehicles including JumpStart and Village Capital Corporation. It also executes direct program-related investments and maintains public equity positions.

### What investment stages does The George Gund Foundation typically target?

Program-related investments range from seed through growth stages. Public equity holdings include both large-cap legacy positions and ongoing shareholder engagement.

### How is The George Gund Foundation related to other Gund family vehicles?

Catherine Gund, Zachary Gund and Geoffrey Gund serve as trustees. The foundation maintains separate governance from family investment entities such as Samajak LP.

### What is The George Gund Foundation's known posture on co-investments alongside external GPs?

The foundation acts as a limited partner in selected venture and community development vehicles while retaining authority over its own program-related investments.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/the-george-gund-foundation

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