Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
The Cleveland-Cliffs Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address) 200 PUBLIC SQUARE SUITE 3300
  Room/suite
City or town
CLEVELAND
State or province
OH
Country  
ZIP or foreign postal code
44114
A Employer identification number

31-1284344
B Telephone number (see instructions)

5134255000
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$6,700,646J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,000,000
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 126,650 126,650  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,113,442
b Gross sales price for all assets on line 6a 5,727,892
7 Capital gain net income (from Part IV, line 2)... 3,113,442
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
800,000 0 0
12 Total. Add lines 1 through 11........ 6,040,092 3,240,092 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... 0 0 0 0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
12,000 12,000 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
44,954 0 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 0 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 56,954 12,000 0 0
25 Contributions, gifts, grants paid....... 3,163,125 3,774,625
26 Total expenses and disbursements. Add lines 24 and 25 ................ 3,220,079 12,000 0 3,774,625
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,820,013
b Net investment income (if negative, enter -0-) 3,228,092
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,099,488 1,580,862 1,580,862
2 Savings and temporary cash investments......... 259,097 227,557 227,557
3 Accounts receivable  
Less: allowance for doubtful accounts   0 0 0
4 Pledges receivable  
Less: allowance for doubtful accounts   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) 0
Less: allowance for doubtful accounts 0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 1,438 484 484
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 3,749,618 Click to see attachment
List of Attached Documents:
// Content
3,305,973 		3,305,973
c Investments—corporate bonds (attach schedule)....... 1,825,884 Click to see attachment
List of Attached Documents:
// Content
1,585,005 		1,585,005
11 Investments—land, buildings, and equipment: basis 0
Less: accumulated depreciation (attach schedule) 0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 0 0
14 Land, buildings, and equipment: basis 0
Less: accumulated depreciation (attach schedule) 0 0   0
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
1,044 		Click to see attachment
List of Attached Documents:
// Content
765 		Click to see attachment
List of Attached Documents:
// Content
765
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,936,569 6,700,646 6,700,646
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 1,858,000 1,246,500
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 1,858,000 1,246,500
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 5,078,569 5,454,146
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 5,078,569 5,454,146
30 Total liabilities and net assets/fund balances (see instructions). 6,936,569 6,700,646
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
5,078,569
2
Enter amount from Part I, line 27a .....................
2
2,820,013
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,898,582
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
2,444,436
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
5,454,146
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,727,892   2,614,450 3,113,442
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a     0 3,113,442
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,113,442
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 44,870
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) Click to see attachment
List of Attached Documents:
// Content
2 0
3 Add lines 1 and 2........................... 3 44,870
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 44,870
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 45,354
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 45,354
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 484
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax484 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
OH
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addresshttps://www.clevelandcliffs.com/sustainability/social/cleveland-cliffs-foundation
14
The books are in care ofMELISSA BENEDICT - EXEC DIR Telephone no. (513) 425-2543

Located at200 PUBLIC SQUARE SUITE 3300CLEVELANDOH ZIP+444114
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ANNA P EDIGER SECRETARY (ENDING 12/8/25); TRUSTEE
1.00 		0 0 0
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND,OH44114
CHARLES T WALKER TREASURER
1.00 		0 0 0
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND,OH44114
JAMES D GRAHAM CHAIRMAN & TRUSTEE
1.00 		0 0 0
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND,OH44114
MELISSA J BENEDICT EXECUTIVE DIRECTOR
30.00 		0 0 0
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND,OH44114
PATRICK M BLOOM TRUSTEE
1.00 		0 0 0
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND,OH44114
TRACI L FORRESTER TRUSTEE (ENDING 7/14/25)
1.00 		0 0 0
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND,OH44114
KIMBERLY A FLORIANI TRUSTEE
1.00 		0 0 0
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND,OH44114
MARISSA C ALFANO SECRETARY
1.00 		0 0 0
200 PUBLIC SQUARE
SUITE 3300
CLEVELAND,OH44114
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
 
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,833,290
b
Average of monthly cash balances.......................
1b
1,716,724
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
7,550,014
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
7,550,014
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
113,250
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,436,764
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
371,838
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
371,838
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
44,870
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
44,870
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
326,968
4
Recoveries of amounts treated as qualifying distributions................
4
800,000
5
Add lines 3 and 4............................
5
1,126,968
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,126,968
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
3,774,625
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,774,625
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 1,126,968
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:2023, 2022, 2021 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 2,121,093
b From 2021...... 5,121,133
c From 2022...... 6,138,419
d From 2023...... 5,891,528
e From 2024...... 4,849,409
f Total of lines 3a through e ........ 24,121,582
4Qualifying distributions for 2025 from Part
XI, line 4: $ 3,774,625
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 1,126,968
e Remaining amount distributed out of corpus 2,647,657
5 Excess distributions carryover applied to 2025.   0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 26,769,239
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		2,121,093
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		24,648,146
10 Analysis of line 9:
a Excess from 2021 .... 5,121,133
b Excess from 2022 .... 6,138,419
c Excess from 2023 .... 5,891,528
d Excess from 2024 .... 4,849,409
e Excess from 2025 .... 2,647,657
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MELISSA BENEDICT
200 PUBLIC SQUARE SUITE 3300
CLEVELAND,OH44114
(513) 425-2543
bThe form in which applications should be submitted and information and materials they should include:
THE CLEVELAND-CLIFFS FOUNDATION'S ONLINE APPLICATION IS AVAILABLE VIA OUR WEBSITE https://www.clevelandcliffs.com/sustainability/social/cleveland-cliffs-foundation
cAny submission deadlines:
DEADLINE DATES ARE TYPICALLY MARCH 1, JUNE 1 AND SEPTEMBER 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FUNDING PRIORITIES INCLUDE EDUCATION, ENVIRONMENT AND HEALTHY LIFESTYLES.
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AEOA

702 S 3RD AVE
VIRGINIA,MN55792 		N/A   GENERAL SUPPORT 5,000

ALABAMA CHILDHOOD FOOD SOLUTIONS

PO BOX 1321
SYLACAUGA,AL35150 		N/A   GENERAL SUPPORT 500

ALGER MARQUETTE CMTY ACTION BD DBA CMTY ACTION ALGER MARQUETTE

1125 COMMERCE DR
MARQUETTE,MI498558630 		N/A   GENERAL SUPPORT 12,000

ALLEGANY COUNTY HISTORICAL SOCIETY

11 E GREENWOOD ST PO BOX 252
ANDOVER,NY14806 		N/A   GENERAL SUPPORT 250

AMERICAN HEART ASSOC INC

9825 KENWOOD RD SUITE 104
BLUE ASH,OH45242 		N/A   GENERAL SUPPORT 500

AMERICAN HEART ASSOC INC

9825 KENWOOD RD SUITE 104
BLUE ASH,OH45242 		N/A   GENERAL SUPPORT 10,000

AMERICAN RED CROSS

GREATER CLEVELAND CHAPTER 3747 EUCL
ID AVENUE
CLEVELAND,OH44115 		N/A   GENERAL SUPPORT 5,000

ANGELS AMONG US OUTREACH

1946 BAKEWELL ST
TOLEDO,OH43605 		N/A   GENERAL SUPPORT 1,000

ART BARN SCHOOL OF ART

695 N 400 E
VALPARAISO,IN46383 		N/A   GENERAL SUPPORT 5,000

ASM MATERIALS EDUCATION FOUNDATION

9639 KINSMAN ROAD
MATERIALS PARK,OH44073 		N/A   GENERAL SUPPORT 100,000

ASSOCIATION FOR IRON & STEEL TEC

186 THORN HILL ROAD
WARRENDALE,PA15086 		N/A   GENERAL SUPPORT 34,000

ASSOCIATION OF ARTISTS AND CRAFTSMEN OF PORTER COUNTY

115 SOUTH 4TH STREET
CHESTERTON,IN46304 		N/A   GENERAL SUPPORT 15,000

ATRIUM MEDICAL CTR FOUNDATION

6051 MARKET AVENUE
MIDDLETOWN,OH45005 		N/A   GENERAL SUPPORT 75,000

BEAT THE STREETS CLEVELAND

6107 BROADWAY AVE
CLEVELAND,OH441271737 		N/A   GENERAL SUPPORT 50,000

BOY SCOUTS OF AMERICA COUNCIL 438 DAN BEARD

10078 READING RD
CINCINNATI,OH45241 		N/A   GENERAL SUPPORT 13,500

BOYS & GIRLS CLUB OF EVANSVILLE

PO BOX 6311
EVANSVILLE,IN477196311 		N/A   GENERAL SUPPORT 20,000

BOYS & GIRLS CLUBS OF TOLEDO

2250 N DETRIOT AVE
TOLEDO,OH43606 		N/A   GENERAL SUPPORT 10,000

CANALWAY PARTNERS

PO BOX 609420
CLEVELAND,OH44109 		N/A   GENERAL SUPPORT 5,000

CARING PARTNERS INTERNATIONAL

601 SHOTWELL DR
FRANKLIN,OH45005 		N/A   GENERAL SUPPORT 10,000

CATHOLIC CHARITIES DIOCESE OF TOLEDO

1933 SPIELBUSCH AVE
TOLEDO,OH43604 		N/A   GENERAL SUPPORT 1,000

CENTRAL PENNSYLVANIA FOOD BANK

3908 COREY ROAD
HARRISBURG,PA17109 		N/A   GENERAL SUPPORT 5,000

CENTRAL UNION MISSION

65 MASSACHUSETTS AVE NW
WASHINGTON,DC200011431 		N/A   GENERAL SUPPORT 1,500

CHALLENGER LEARNING CENTER OF NWI

2300 173RD STREET
HAMMOND,IN46323 		N/A   GENERAL SUPPORT 25,000

CHICAGO ZOOLOGICAL SOCIETY

3300 GOLF ROAD
BROOKFIELD,IL60513 		N/A   GENERAL SUPPORT 500

CHILDREN'S DENTAL SERVICES

636 BROADWAY ST NE
MINNEAPOLIS,MN55413 		N/A   GENERAL SUPPORT 5,000

CHILDREN'S HUNGER ALLIANCE

1105 SCHROCK RD SUITE 505
COLUMBUS,OH43229 		N/A   GENERAL SUPPORT 15,000

CHISHOLM FOOD SHELF

208 W LAKE STREET
CHISHOLM,MN55719 		N/A   GENERAL SUPPORT 1,667

CHRISTIAN RESOURCE CENTER

499 JEFFERSON ST
ROCKPORT,IL47635 		N/A   GENERAL SUPPORT 5,000

CLEVELAND CLINIC FDN PHILANTHROP

PO BOX 931517
CLEVELAND,OH44195 		N/A   GENERAL SUPPORT 100,000

CLEVELAND LEADERSHIP CENTER

1375 EAST 9TH ST SUITE 1100 ATTN LC
HUMAN SERVICES DAY
CLEVELAND,OH44115 		N/A   GENERAL SUPPORT 5,000

CLEVELAND MUSEUM OF NATURAL HISTORY

1 WADE OVAL DRIVE
CLEVELAND,OH44106 		N/A   GENERAL SUPPORT 25,000

CLEVELAND PLAYHOUSE

1901 E 13TH STREET SUITE 200
CLEVELAND,OH44114 		N/A   GENERAL SUPPORT 15,000

COATESVILLE ROBOTICS CLUB INC

13 ASHLEY COURT
WEST BRANDYWINE,PA19320 		N/A   GENERAL SUPPORT 3,500

COATESVILLE YOUTH INITIATIVE

545 E LINCOLN HIGHWAY
COATESVILLE,PA19320 		N/A   GENERAL SUPPORT 10,000

COLLEGE NOW GREATER CLEVELAND

POST OFFICE PLAZA 1500 WEST 3RD STR
EET SUITE 125
CLEVELAND,OH44113 		N/A   GENERAL SUPPORT 490,000

COLLEGE NOW GREATER CLEVELAND

POST OFFICE PLAZA 1500 WEST 3RD STR
EET SUITE 125
CLEVELAND,OH44113 		N/A   GENERAL SUPPORT 10,000

COLUMBUS BLUE JACKETS FOUNDATION

200 W NATIONWIDE BLVD
COLUMBUS,OH43215 		N/A   GENERAL SUPPORT 14,000

COLUMBUS BLUE JACKETS FOUNDATION

200 W NATIONWIDE BLVD
COLUMBUS,OH43215 		N/A   GENERAL SUPPORT 22,250

COMMUNITY BREAD BASKET

3501 WEST ST
WEIRTON,WV26062 		N/A   GENERAL SUPPORT 2,500

COMMUNITY FOOD PANTRY OF NEW CARLISLE

PO BOX 135
NEW CARLISLE,IN465520155 		N/A   GENERAL SUPPORT 4,000

COMMUNITY FOUNDATION OF WESTERN PA AND EASTERN OH

7 W STATE ST SUITE 301
SHARON,PA16146 		N/A   GENERAL SUPPORT 1,000

COMMUNITY YOUTH & WOMENS ALLIANCE

423 EAST LINCOLN HIGHWAY
COATESVILLE,PA19320 		N/A   GENERAL SUPPORT 5,000

CONNECTING KIDS TO MEALS

1501 MONROE STREET
TOLEDO,OH43604 		N/A   GENERAL SUPPORT 7,500

COTTON VOLUNTEER FIRE DEPARTMENT

7507 COMSTOCK LAKE ROAD
COTTON,MN55724 		N/A   GENERAL SUPPORT 23,559

DEARBORN EDUCATION FOUNDATION

18700 AUDETTE
DEARBORN,MI48124 		N/A   GENERAL SUPPORT 50,000

DIOCESAN COUNCIL SOCIETY OF ST VINCENT DE PAUL

2119 PRESQUE ISLE AVE ROOM 101
MARQUETTE,MI49855 		N/A   GENERAL SUPPORT 18,500

DUNELAND YMCA INC

215 ROOOSEVELT ST
CHESTERTON,IN463042530 		N/A   GENERAL SUPPORT 125,000

ECUMENICAL ASSEMBLY OF BARTHOLOMEW COUNTY CHURCHES

311 CENTER STREET
COLUMBUS,IN472010000 		N/A   GENERAL SUPPORT 7,500

ESPERANZA INC

3104 W 25TH STREET 4TH FLOOR
CLEVELAND,OH44109 		N/A   GENERAL SUPPORT 10,000

EVELETH HERITAGE SOCIETY EVELETH PUBLIC LIBRARY

614 PIERCE ST
EVELETH,MN55734 		N/A   GENERAL SUPPORT 5,000

FOOD BANK OF NORTHWEST INDIANA

6490 BROADWAY
MERRILLVILLE,IN46410 		N/A   GENERAL SUPPORT 52,500

FRANCISCAN ALLIANCE FOUNDATION INC

2050 NORTH MAIN STREET SUITE A
CROWN POINT,IN46307 		N/A   GENERAL SUPPORT 20,000

GIRL SCOUTS OF GREATER CHICAGO AND NORTHWEST INDIANA INC

20 S CLARK ST SUITE 200
CHICAGO,IL60603 		N/A   GENERAL SUPPORT 15,000

GIRL SCOUTS OF NORTH EAST OHIO

ONE GIRL SCOUT WAY
MACEDONIA,OH44056 		N/A   GENERAL SUPPORT 25,000

GOOD WORKS INC

544 E LINCOLN HIGHWAY PO BOX 1441
COATESVILLE,PA193209998 		N/A   GENERAL SUPPORT 10,000

GREAT LAKES HISTORICAL SOCIETY

1701 FRONT STREET
TOLEDO,OH43605 		N/A   GENERAL SUPPORT 62,500

GREAT LAKES SCIENCE CENTER

601 ERIESIDE AVENUE
CLEVELAND,OH44114 		N/A   GENERAL SUPPORT 44,000

GREATER CHICAGO FOOD DEPOSITORY

4100 W ANN LURIE PLACE
CHICAGO,IL60632 		N/A   GENERAL SUPPORT 500

GREATER CLEVELAND FOOD BANK

15500 SOUTH WATERLOO RD
CLEVELAND,OH44110 		N/A   GENERAL SUPPORT 100,500

HABITAT FOR HUMANITY OF PORTER COUNTY

2411 BEECH STREET SUITE L
VALPARAISO,IN46383 		N/A   GENERAL SUPPORT 20,000

HABITAT FOR HUMANITY DETROIT

14325 JAMES ST
DETROIT,MI48205 		N/A   GENERAL SUPPORT 10,000

HANDI-CRAFTERS INC

215 BARLEY SHEAF ROAD
THORNDALE,PA19372 		N/A   GENERAL SUPPORT 10,000

HIBBING HISTORICAL SOCIETY AND M

400 EAST 23 ST
HIBBING,MN55746 		N/A   GENERAL SUPPORT 5,000

HOPE HOUSE RESCUE MISSION

1001 GROVE STREET
MIDDLETOWN,OH45044 		N/A   GENERAL SUPPORT 15,000

HUMANE INDIANA

8149 KENNEDY AVE
HIGHLAND,IN46322 		N/A   GENERAL SUPPORT 12,000

INDIANA DUNES ENVIRONMENTAL LEARNING CENTER INC

700 HOWE RD
CHESTERTON,IN463048932 		N/A   GENERAL SUPPORT 50,000

ISAIAH 117 HOUSE

300 CRESTWAY
OREGON,OH43616 		N/A   GENERAL SUPPORT 2,500

JUNIOR ACHIEVEMENT OF MIDDLETOWN AREA

1050 CENTRAL AVE
MIDDLETOWN,OH45044 		N/A   GENERAL SUPPORT 10,000

JUNIOR ACHIEVEMENT SW IN

431 DIAMOND AVE
EVANSVILLE,IN47711 		N/A   GENERAL SUPPORT 5,000

KENT STATE UNIVERSITY FOUNDATION INC

PO BOX 5190
KENT,OH44242 		N/A   GENERAL SUPPORT 5,000

KENTUCKY VETERANS BRIGADE

PO BOX 394
MORGANTOWN,KY42261 		N/A   GENERAL SUPPORT 500

LAHC LEADERS ADVANCING AND HELPING COMMUNITIES

5275 KENILWORTH ST
DEARBORN,MI48126 		N/A   GENERAL SUPPORT 20,000

LAKE HERITAGE PARKS FOUNDATION

PO BOX 753
CROWN POINT,IN46307 		N/A   GENERAL SUPPORT 10,000

LINCOLN HILLS DEVELOPMENT

302 MAIN ST PO BOX 336
TELL CITY,IN47586 		N/A   GENERAL SUPPORT 5,000

MARQUETTE CITY BAND INC

300 W BARAGA AVE
MARQUETTE,MI49855 		N/A   GENERAL SUPPORT 25,000

MAUMEE VALLEY HABITAT FOR HUMANITY

1310 CONANT STREET
MAUMEE,OH43537 		N/A   GENERAL SUPPORT 40,000

MEALS ON WHEELS

8446 VIRGINIA ST
MERRILLVILLE,IN46410 		N/A   GENERAL SUPPORT 750

MESABI RANGE COLLEGE FOUNDATION

1001 CHESTNUT STREET WEST
VIRGINIA,MN55792 		N/A   GENERAL SUPPORT 10,000

MICHIGAN TECH FUND

1400 TOWNSEND DRIVE
HOUGHTON,MI49931 		N/A   GENERAL SUPPORT 15,000

MICHIGAN VETERANS FOUNDATION

4626 GRAND RIVER AVE
DETROIT,MI48208 		N/A   GENERAL SUPPORT 10,000

MIDDLETOWN COMMUNITY FOUNDATION

300 N MAIN STREET STE 300
MIDDLETOWN,OH45242 		N/A   GENERAL SUPPORT 44,000

MIDDLETOWN COMMUNITY FOUNDATION

300 N MAIN STREET STE 300
MIDDLETOWN,OH45242 		N/A   GENERAL SUPPORT 20,000

MIDDLETOWN HOLIDAY WHOPLA

7280 OAK TRAIL LANE
MIDDLETOWN,OH45042 		N/A   GENERAL SUPPORT 5,000

MIDDLETOWN NAACP 3194

1224 ELM STREET
MIDDLETOWN,OH45044 		N/A   GENERAL SUPPORT 5,000

MID-OHIO FOOD COLLECTIVE

3960 BROOKHAM DRIVE
GROVE CITY,OH43123 		N/A   GENERAL SUPPORT 1,000

MORAINE STATE PARK REGATTA

225 PLEASANT VALLEY RD
PORTERSVILLE,PA16051 		N/A   GENERAL SUPPORT 5,000

MUSEUM OF CONTEMPORARY ART

11400 EUCLID AVENUE
CLEVELAND,OH44106 		N/A   GENERAL SUPPORT 5,000

MUSICAL ARTS ASSOCIATION

11001 EUCLID AVE
CLEVELAND,OH44106 		N/A   GENERAL SUPPORT 5,000

MUSKINGUM COUNTY HUNGER NETWORK INC

PO BOX 512
ZANESVILLE,OH43702 		N/A   GENERAL SUPPORT 3,000

NATIONAL FISH AND WILDLIFE FOUNDATION

1625 EYE STREET NW SUITE 300
WASHINGTON,DC20006 		N/A   GENERAL SUPPORT 400,000

NATIONAL INVENTORS HALL OF FAME INC

3701 HIGHLAND PARK NW
NORTH CANTON,OH44720 		N/A   GENERAL SUPPORT 15,000

NATURE CENTER AT SHAKER LAKES

2600 SOUTH PARK BLVD
CLEVELAND,OH44120 		N/A   GENERAL SUPPORT 10,000

NEGAUNEE HISTORICAL SOCIETY

303 EAST MAIN STREET PO BOX 221
NEGAUNEE,MI49866 		N/A   GENERAL SUPPORT 15,000

NEIGHBORHOOD HOUSING SERVICES OF TOLEDO INC

704 SECOND STREET
TOLEDO,OH436052113 		N/A   GENERAL SUPPORT 10,000

NEIGHBORS HELPING NEIGHBORS

301 CENTRAL AVE
NASHWAUK,MN55769 		N/A   GENERAL SUPPORT 1,666

NORTH ST LOUIS HABITAT FOR HUMANITY

5558 ENTERPRISE DR NE
VIRGINIA,MN55792 		N/A   GENERAL SUPPORT 15,000

NWI FOOD COUNCIL INC

450 W 100 N
VALPARAISO,IN463850000 		N/A   GENERAL SUPPORT 10,000

OHANA HERITAGE FOUNDATION A ROSIE PLACE

53131 QUINCE RD
SOUTH BEND,IN46628 		N/A   GENERAL SUPPORT 12,500

OPEN DOORS ACADEMY

1427 E 36TH STREET SUITE 4206A
CLEVELAND,OH44114 		N/A   GENERAL SUPPORT 8,000

OPEN DOORS ACADEMY

1427 E 36TH STREET SUITE 4206A
CLEVELAND,OH44114 		N/A   GENERAL SUPPORT 10,000

OPPORTUNITY ENTERPRISES

2801 EVANS AVENUE
VALPARAISO,IN46383 		N/A   GENERAL SUPPORT 15,000

OWENSBORO COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC

4800 NEW HARTFORD ROAD
OWENSBORO,KY42303 		N/A   GENERAL SUPPORT 20,000

PARKESBURG POINT

PO BOX 731 700 MAIN STREET
PARKESBURG,PA19365 		N/A   GENERAL SUPPORT 15,000

PARTNERS IN EDUCATION

709 MADISON AVEUNE SUITE 310
TOLEDO,OH43604 		N/A   GENERAL SUPPORT 22,000

PORTAGE TOWNSHIP EDUCATION FOUNDATION

6240 US HIGHWAY 6
PORTAGE,IN463685057 		N/A   GENERAL SUPPORT 10,000

PROVIDENCE HOUSE

2050 WEST 32ND STREET
CLEVELAND,OH441134017 		N/A   GENERAL SUPPORT 25,000

RESTORATION MINISTRIES INC

253 E 159TH STREET
HARVEY,IL604265142 		N/A   GENERAL SUPPORT 2,500

SALVATION ARMY OF HIBBING MN

107 WEST HOWARD STREET
HIBBING,MN55746 		N/A   GENERAL SUPPORT 1,666

SAVE THE DUNES CONSERVATION FUND

444 BARKER RD
MICHIGAN CITY,IN46360 		N/A   GENERAL SUPPORT 10,000

SCHOOL CITY OF EAST CHICAGO

2700 CARDINAL DRIVE
EAST CHICAGO,IN46312 		N/A   GENERAL SUPPORT 5,000

SCIENCE OLYMPIAD

TWO TRANS AM PLAZA DRIVE SUITE 310
OAKBROOK TERRACE,IL60181 		N/A   GENERAL SUPPORT 18,000

SECOND HARVEST NORTHERN LAKES FOOD BANK

4503 AIRPORT BLVD
DULUTH,MN55811 		N/A   GENERAL SUPPORT 35,000

SHARED HARVEST FOOD BANK

5901 DIXIE HIGHWAY
FAIRFIELD,OH45014 		N/A   GENERAL SUPPORT 3,000

SHIRLEY HEINZE LAND TRUST

109 W 700 NORTH
VALPARAISO,IN46385 		N/A   GENERAL SUPPORT 10,000

SILVER BAY AREA FOOD SHELF AEOA

99 EDISON BOULEVARD
SILVER BAY,MN55614 		N/A   GENERAL SUPPORT 4,000

SOUTH SHORE NAUTICAL EDUCATION FOUNDATION INC

PO BOX 245
MICHIGAN CITY,IN46361 		N/A   GENERAL SUPPORT 10,000

SPENCER COUNTY HABITAT FOR HUMANITY

2792 N US HWY 231
ROCKPORT,IN47635 		N/A   GENERAL SUPPORT 35,000

STUDENT CONSERVATION ASSOCIATION

1310 N COURTHOUSE RD STE 110
ARLINGTON,VA222012594 		N/A   GENERAL SUPPORT 20,000

SUCCESS THROUGH MENTORING

PO BOX 107 314 MAIN STREET
ROCKPORT,IN47635 		N/A   GENERAL SUPPORT 10,000

SUPERIOR HILLS ASSOCIATIONS OF PARENTS AND EDUCATORS

1201 S MCCLELLAN AVE
MARQUETTE,MI49855 		N/A   GENERAL SUPPORT 5,000

TENDER MERCIES MINISTRIES

PO BOX 669
PRINCETON,WV24740 		N/A   GENERAL SUPPORT 2,500

THE JACK & SHIRLEY LUBEZNIK CENTER FOR THE ARTS

101 WEST 2ND STREET
MICHIGAN CITY,IN46360 		N/A   GENERAL SUPPORT 10,000

THE LEGAL AID SOCIETY OF CLEVELA

1223 WEST SIXTH STREET
CLEVELAND,OH44113 		N/A   GENERAL SUPPORT 20,000

THE LIGHTHOUSE FOUNDATION

PO BOX 366
BAKERSTOWN,PA15007 		N/A   GENERAL SUPPORT 10,500

THE M CLUB

137 BANKS BLVD
SILVER BAY,MN55614 		N/A   GENERAL SUPPORT 5,000

THE METROHEALTH FOUNDATION INC

2500 METROHEALTH DRIVE
CLEVELAND,OH441090000 		N/A   GENERAL SUPPORT 40,000

THE SALVATION ARMY NORTHWEST INDIANA

8225 COLUMBIA AVE
MUNSTER,IN46321 		N/A   GENERAL SUPPORT 15,000

THE SALVATION ARMY - COSHOCTON

219 N 4TH STREET
COSHOCTON,OH43812 		N/A   GENERAL SUPPORT 2,500

THE SALVATION ARMY - COSHOCTON

219 N 4TH STREET
COSHOCTON,OH43812 		N/A   GENERAL SUPPORT 5,000

THE SALVATION ARMY - MANSFIELD

47 S MAIN STREET
MANSFIELD,OH449022929 		N/A   GENERAL SUPPORT 2,500

THE SALVATION ARMY - MANSFIELD

47 S MAIN STREET
MANSFIELD,OH449022929 		N/A   GENERAL SUPPORT 10,000

THE SALVATION ARMY - MONESSEN

800 THOMPSON AVE
DONORA,PA15033 		N/A   GENERAL SUPPORT 2,500

THE SALVATION ARMY - WARREN

270 FRANKLIN STREET SE
WARREN,OH444835711 		N/A   GENERAL SUPPORT 10,000

THE SALVATION ARMY - ZANESVILLE

515 PUTNAM AVENUE
ZANESVILLE,OH437014932 		N/A   GENERAL SUPPORT 10,000

THE SALVATION ARMY MIDDLETOWN CORPS

1914 FIRST AVENUE
MIDDLETOWN,OH45044 		N/A   GENERAL SUPPORT 20,500

TOLEDO NW OHIO FOOD BANK

24 E WOODRUFF AVE
TOLEDO,OH43604 		N/A   GENERAL SUPPORT 1,000

TOLEDO SCIENCE CENTER DBA IMAGINATION STATION

1 DISCOVERY WAY
TOLEDO,OH436041759 		N/A   GENERAL SUPPORT 7,500

TOLEDO ZOOLOGICAL SOCIETY

2 HIPPO WAY
TOLEDO,OH436094100 		N/A   GENERAL SUPPORT 20,300

TOWER SOUDAN HISTORICAL SOCIETY

404 PINE STREET
TOWER,MN55790 		N/A   GENERAL SUPPORT 11,250

TRADEWINDS SERVICES INC

3198 E 83RD PL
MERRILLVILLE,IN464106418 		N/A   GENERAL SUPPORT 10,000

U MATTER2 INC

18890 5TH RD
PLYMOUTH,IN46563 		N/A   GENERAL SUPPORT 10,000

UNITED WAY OF COSHOCTON COUNTY INC

402 MAIN STREET
COSHOCTON,OH43812 		N/A   GENERAL SUPPORT 5,000

UNITED WAY OF GREATER CLEVELAND

1331 EUCLID AVE
CLEVELAND,OH441151854 		N/A   GENERAL SUPPORT 47,579

UNITED WAY OF GREATER TOLEDO

1001 MADISON AVE SUITE 100
TOLEDO,OH43604 		N/A   GENERAL SUPPORT 5,000

UNITED WAY OF NORTHWEST INDIANA

951 EASTPORT CENTRE DRIVE ATTN ACCO
UNTS RECEIVABLE
VALPARAISO,IN463832787 		N/A   GENERAL SUPPORT 50,000

UNITED WAY OF RICHLAND COUNTY

3 NORTH MAIN STREET STE 303
MANSFIELD,OH449021716 		N/A   GENERAL SUPPORT 20,000

UNIVERSITY HOSPITALS

PO BOX 94554
CLEVELAND,OH441014544 		N/A   GENERAL SUPPORT 50,000

VOLUNTEERS IN EDUCATION

PO BOX 668
VIRGINIA,MN55792 		N/A   GENERAL SUPPORT 11,300

WARREN FAMILY MISSION

PO BOX 311
WARREN,OH44482 		N/A   GENERAL SUPPORT 2,500

WEST VIRGINIA HEALTH RIGHT INC

1520 WASHINGTON STREET EAST
CHARLESTON,WV25311 		N/A   GENERAL SUPPORT 10,000

WESTERN RESERVE LAND CONSERVANCY

3850 CHAGRIN RIVER ROAD
MORELAND HILLS,OH44022 		N/A   GENERAL SUPPORT 15,000

YMCA OF MARQUETTE COUNTY

1420 PINE STREET
MARQUETTE,MI49855 		N/A   GENERAL SUPPORT 75,000

ZAMAN INTERNATIONAL

26091 TROWBRIDGE ST
INKSTER,MI48141 		N/A   GENERAL SUPPORT 15,000

American Online Giving Foundation

40 East Main Street Suite 887
Newark,DE19711 		N/A   GENERAL SUPPORT 369,388
Total ................................. 3a 3,774,625
bApproved for future payment

National Fish and Wildlife Foundation
1625 EYE STREET NW SUITE 300
WASHINGTON,DC20006 		N/A   General Support 300,000

Cleveland Metroparks
4101 Fulton Parkway
CLEVELAND,OH44127 		N/A   General Support 300,000

Great Lakes Science Center
601 ERIESIDE AVENUE
CLEVELAND,OH44114 		N/A   General Support 20,000

Open Doors Academy
1427 E 36TH STREET SUITE 4206A
CLEVELAND,OH44114 		N/A   General Support 10,000
Total ................................. 3b 630,000
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 126,650  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,113,442  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRecoveries of amounts treated as qualifying distributions 		    1 800,000  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,040,092 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,040,092
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID: 25022866
Software Version: 2025v4.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
The Cleveland-Cliffs Foundation
 
Employer identification number

31-1284344
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
The Cleveland-Cliffs Foundation
  		Employer identification number
31-1284344
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CLEVELAND-CLIFFS Inc
 
200 PUBLIC SQUARE STE 3300
 
CLEVELAND, OH441142315

$ 2,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
The Cleveland-Cliffs Foundation
  		Employer identification number

31-1284344
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
The Cleveland-Cliffs Foundation
  		Employer identification number

31-1284344
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID: 25022866
Software Version: 2025v4.1

TY 2025 InvestmentsCorpBondsSchedule
Name:
The Cleveland-Cliffs Foundation
EIN:
31-1284344
Software ID:
25022866
Software Version:
2025v4.1
Name of Bond End of Year Book Value End of Year Fair Market Value
ISHARES CORE US AGGREGATE BOND 1,227,925 1,227,925
ISHARES TRUST ISHARES 1 5 YEAR 0 0
ISHARES TRUST ISHARES 5 10 YR 158,569 158,569
SPDR BLOOMBERG BARCLAYS ST 0 0
ISHARES 1 5 YEAR INVMT GRD CORP BD 198,511 198,511

TY 2025 InvestmentsCorpStockSchedule
Name:
The Cleveland-Cliffs Foundation
EIN:
31-1284344
Software ID:
25022866
Software Version:
2025v4.1
Name of Stock End of Year Book Value End of Year Fair Market Value
ISHARES CORE S P SMALL CAP 0 0
ISHARES CORE S P 500 ETF 0 0
ISHARES CORE S P MID CAP 0 0
ISHARES RUSSELL 1000 3,144,738 3,144,738
ISHARES RUSSELL 2000 161,235 161,235

TY 2025 OtherAssetsSchedule
Name:
The Cleveland-Cliffs Foundation
EIN:
31-1284344
Software ID:
25022866
Software Version:
2025v4.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST RECEIVABLES 1,044 765 765


TY 2025 OtherDecreasesSchedule
Name:
The Cleveland-Cliffs Foundation
EIN:
31-1284344
Software ID:
25022866
Software Version:
2025v4.1
Description Amount
unrealized loss 2,444,436


TY 2025 OtherIncomeSchedule2
Name:
The Cleveland-Cliffs Foundation
EIN:
31-1284344
Software ID:
25022866
Software Version:
2025v4.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Recoveries of amounts treated as qualifying distributions 800,000 0 0


TY 2025 OtherProfessionalFeesSchedule
Name:
The Cleveland-Cliffs Foundation
EIN:
31-1284344
Software ID:
25022866
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Trustee Fees 12,000 12,000 0 0


TY 2025 TaxesSchedule
Name:
The Cleveland-Cliffs Foundation
EIN:
31-1284344
Software ID:
25022866
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 44,870 0 0 0
EXCISE TAXES - PENALTY 84 0 0 0