The Cleveland Clinic Foundation

Fiscal year ending 2024. Filed on November 14, 2025.

6801 Brecksville Rd Rk1-85
Independence, Ohio 44131

The Cleveland Clinic Foundation (EIN: 34-0714585) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Cleveland Clinic Foundation, a 501(c)(3) charitable organization, reported compensation for 27 out of 47,521 total employees. Among the employees shown here, the average compensation is $2,122,296. The highest compensated employee at The Cleveland Clinic Foundation is Mihaljevic M.D. Tomislav with fiscal year 2024 compensation of $9,709,152.

Revenue, expenses, and employee compensation

Revenue

$9,680,031,802

Expenses

$9,434,081,551

Employee compensation

$5,236,117,579
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

+38.3%vs 2023
Mihaljevic M.D. Tomislav
President and Chief Executive Officer and Director
$9,709,152
$7,650,847 from orgNo related comp$2,058,305 other
-38.5%vs 2021
Malone Jr M.D. Donald A
Executive Vice President, PRES NEO MKT (Part YR)
$3,459,941
$1,610,899 from orgNo related comp$1,849,042 other
+36.2%vs 2023
Laraway Dennis
Chief Financial Officer and Executive Vice President and Treasurer
$3,172,796
$3,127,004 from orgNo related comp$45,792 other
+41.3%vs 2023
Hancock Dnp Rn Ne-Bc Kelly
Executive Vice President, Chief Caregiver OFF and CAO
$2,813,505
$2,157,469 from orgNo related comp$656,036 other
+55.5%vs 2023
Ridgeway M.D. Beri
Director, Executive Vice President Enterprise Chief of Staff
$2,743,886
$1,986,502 from orgNo related comp$757,384 other
New in 2024
Haber M.D. Georges-Pascal
CEO, CCAD (Part YR)
$2,589,546
$2,538,489 from orgNo related comp$51,057 other
+50.9%vs 2023
Guzman M.D. Jorge
Executive Vice President, PRES NEO MKT (Part YR)
$2,580,319
$1,929,479 from orgNo related comp$650,840 other
+6.5%vs 2023
Svensson M.D. Lars
Institute Chief - HVTI
$2,491,658
$2,433,081 from orgNo related comp$58,577 other
+37.8%vs 2023
Delaney M.D. Ph.D. Conor
Executive Vice President, President of FL MKT
$2,429,446
$0 from org$1,876,563 from related$552,883 other
+49.3%vs 2017
Rowan David W
SEC, Executive Vice President, Chief Legal OFF (Part YR)
$2,278,133
$2,224,430 from orgNo related comp$53,703 other
+0.6%vs 2023
Strein Stefan
Vice President, Chief Investment Officer
$2,229,470
$2,173,858 from orgNo related comp$55,612 other
New in 2024
Gillinov M.D. A Marc
DEPT Chair, Thoracic and Cardiovas Surgery
$2,203,236
$2,141,240 from orgNo related comp$61,996 other

Mission Statement

CARING FOR LIFE, RESEARCHING FOR HEALTH AND EDUCATING THOSE WHO SERVE.

Other organizations also named The Cleveland Clinic Foundation

Revisions to this organization profile

November 14, 2025:
2024 The Cleveland Clinic Foundation 990 filed
November 14, 2024:
2023 The Cleveland Clinic Foundation 990 filed
November 13, 2023:
2022 The Cleveland Clinic Foundation 990 filed

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