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As a collaboration, the Fund's work is performed by its members with the support of a small staff. To organize its work, the Fund uses a committee structure to identify, evaluate and review initiatives that it supports through grantmaking, research and civic engagement.
Fund members serve on one of five action teams that make grantmaking, research and civic engagement recommendations. The Action Teams evaluate new opportunities and ideas for regional initiatives potential Fund support, and they are responsible for monitoring the performance of grantees, translating research into recommendations and identifying opportunities to engage the region in initiatives that will strengthen the competitiveness of the region. Each Action Team is focused on one of the objectives of of Advance Northeast Ohio, the region's economic action plan. The Action Teams invite experts and interested parties from outside the Fund to participate and contribute to their work.
Responsible for reviewing the recommendations of the Action Teams. The Steering Committee decides which grants, research and civic engagement projects will move to the Funders Committee for consideration. The committee consists of members who have contributed $1 million or more to the Fund, plus four at-large members. The committee meets quarterly.
The decision-making body of the Fund. The Funders Committee consists of more than 50 members who have committed at least $100,000 to current three-year phase of the Fund (which expires in early 2010). The Funders Committee decides which grants, research projects and civic engagement initiatives are pursued by the Fund. The committee meets quarterly. |
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