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FROM AMHigley AND THE INDUSTRY

A PASSION FOR BUILDING AND THE COMMUNITY

The Cleveland Foundation announced today that Albert M. Higley, Jr., Chairman of The Albert M. Higley Co. from 1971 to 1998, and his wife Beverly have made a $23 million gift to the Cleveland Foundation. The gift, announced as part of the Cleveland Foundation Annual Meeting, honors the wishes of the late Albert and Beverly Higley and celebrates the Higley family who have been active in the Greater Cleveland community for more than 150 years.

The gift will become part of the existing Higley Fund of the Cleveland Foundation, making it the single largest supporting organization at the foundation. The Higley Fund, established by Albert and Beverly Higley in 1994, has made grants in excess of $8.1 million to more than 175 organizations throughout Greater Cleveland.

“Our parents believed in this community and believed in the value of giving back to create opportunities for others.” said Bruce G. Higley, Chairman of The Albert M. Higley Co. and President of The Higley Fund. “Their legacy as true champions of the people and places that make Cleveland a great home will now endure permanently through the Cleveland Foundation so future generations can benefit from their passion for our community.”

The Higley Fund focuses on social service organizations providing basic needs – food, shelter, clothing, medical care, and support – to those living in Greater Cleveland. It has contributed to organizations ranging from the American Red Cross, to the Greater Cleveland Foodbank, to numerous smaller community based organizations.

“Al and Beverly’s philanthropy was guided by their humility, compassion and unwavering belief in what is right,” said Ronn Richard, President & CEO of the Cleveland Foundation. “We are honored to work with The Higley Fund to ensure that this legacy of kindness and humanity lives on through impactful grantmaking that meets the needs of our community.”

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ALBERT M HIGLEY, JR AND BEVERLY HIGLEY