# Cleveland Trust Company *Trust company at which the Cleveland Foundation Model of community foundations was invented in 1914.* The **Cleveland Trust Company** is the trust company where [[Frederick Goff]] invented the [[Cleveland Foundation Model]] on January 2, 1914, according to the project's validated master history of Minnesota.[^1] That history's own footnote records the Goff and Cleveland Trust attribution and the date as primary-confirmed. It cites the [[Cleveland Foundation]] centennial as its basis.[^2] The company appears in the [[Minnesota]] record only as the place where the [[Community foundation]] form began. The master history states that the form came to Minnesota as a trust-department product line.[^1] It records twelve community foundations founded in 1915. It also records that the [[American Bankers Association]]'s Trust Company Section created a permanent Committee on Community Trusts in 1920.[^2] The record does not establish any other role for the company in a Minnesota matter.[^1] ## History The record in the pack dates the Cleveland Foundation Model to January 2, 1914, and credits its invention to Frederick Goff at the Cleveland Trust Company.[^2] The form spread through bank trust departments. Twelve community foundations were founded in 1915, and in 1920 the American Bankers Association's Trust Company Section set up a permanent Committee on Community Trusts. Validation confirmed both of these items.[^1][^2] The pack documents no other event in the company's history.[^2] ## In the Minnesota record ### Who - Frederick Goff, who invented the Cleveland Foundation Model at the Cleveland Trust Company.[^2] - The [[Minneapolis Foundation]] (EIN 41-6029402, founded 1915) and the [[Saint Paul & Minnesota Foundation]] (EIN 41-6031510). These are Minnesota's two largest community foundations, and both use the form. The Saint Paul Foundation was founded in 1940 and merged with the [[Minnesota Community Foundation]] on January 1, 2020.[^3] ### What - The Cleveland Foundation Model is the form used by Minnesota's community foundations. It came to the state as a trust-department product line.[^1] ### When - January 2, 1914: Goff invents the model at the Cleveland Trust Company.[^2] - 1915: twelve community foundations are founded. The Minneapolis Foundation is founded the same year.[^2][^3] - 1920: the American Bankers Association's Trust Company Section creates a permanent Committee on Community Trusts.[^2] - January 1, 2020: the Saint Paul Foundation merges with the Minnesota Community Foundation.[^3] ### How much - The two largest Minnesota community foundations hold roughly $3.1 billion on the stewardship basis and grant $230 million a year. Their EIN-level Form 990 filings show about $2.8 billion. The master history explains the difference as partner-foundation assets under management.[^3] - Adding the McKnight, Bush, Northwest Area and Otto Bremer foundations brings the Minnesota apex layer to $9 billion on the latest filings. The line items are McKnight about $2.71 billion, Bush about $1.45 billion, Northwest Area about $0.55 billion and Bremer about $1.42 billion. Validation confirmed an aggregate of about $8.9–9.6 billion, depending on whether book or fair-market value is used.[^3] ## Notes [^1]: *How Minnesota Got Here* (merged master, footnoted), validated passage "The scale and the form" (undated) — the form is the Cleveland Foundation Model, which came to Minnesota as a trust-department product line. No URL in the pack. [^2]: *How Minnesota Got Here* (merged master, footnoted), footnote [28] (undated) — Goff / Cleveland Trust Co., January 2, 1914; twelve community foundations founded 1915; ABA Trust Company Section permanent Committee on Community Trusts, 1920; Cleveland Foundation centennial; marked primary-confirmed. No URL in the pack. [^3]: *How Minnesota Got Here* (merged master, footnoted), validated passage "The scale and the form" (undated) — EINs, founding dates and 2020 merger of the Minneapolis and Saint Paul & Minnesota foundations; ~$3.1 billion stewardship basis vs ~$2.8 billion on Form 990s; $230 million annual grants; $9 billion apex layer and line items. No URL in the pack.