AKRON — Why would a meeting here February 17 about northeast Ohio’s economic future be covered the next morning in the New York Times? The obvious answer: something very unusual happened.
Twenty-eight charitable foundations launched a $30 million commitment to take the lead in steering northeast Ohio to a better economic future. In grants ranging from $100,000 to a leading $10 million pledged by the Cleveland Foundation, the Fund for Our Economic Future has two-thirds of its pledges in the bank.
It’s uncommon enough for a large group of foundations in one region to engage in a large-scale collaboration; but this one seizes a leadership role that usually falls to business or to government. Well, business leadership in the Cleveland to Canton region is busy re-grouping these days and local governments don’t see any loose change in their revenue futures. And help from the state? Forget that. A legislature still rural-bent loves to loath the state’s northeast corner.
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