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Clago Family Foundation Inc. is a private corporation based in TARZANA, CA. The foundation received its IRS ruling in 2018. The principal officer is Allison Clago. It holds total assets of $448K. Annual income is reported at $217K. Total assets have grown from $2K in 2019 to $409K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Clago Family Foundation Inc. has made 17 grants totaling $59K, with a median grant of $5K. Annual giving has grown from $500 in 2020 to $17K in 2023. Grantmaking activity was highest in 2022 with $30K distributed across 6 grants. Individual grants have ranged from $300 to $5K, with an average award of $3K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Clago Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in CA.
Clago Family Foundation Inc. has distributed a total of $59K across 17 grants. The median grant size is $5K, with an average of $3K. Individual grants have ranged from $300 to $5K.
Clago Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Clago Family Foundation Inc. is headquartered in TARZANA, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen Loh | Vice President | $0 | $0 | N/A |
| Allison B Clago | President | $0 | $0 | N/A |
Total Giving
$19K
Total Assets
$409K
Fair Market Value
$350K
Net Worth
$409K
Grants Paid
$17K
Contributions
$50K
Net Investment Income
$14K
Distribution Amount
$16K
Total: $409K
Total Grants
17
Total Giving
$59K
Average Grant
$3K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saint Joseph HospitalGENERAL OPERATIONS | Burbank, CA | $5K | 2023 |
| Providence Tarzana FoundationGENERAL OPERATIONS | Tarzana, CA | $5K | 2023 |
| California Lutheran UniversityEDUCATION | Thousand Oaks, CA | $5K | 2023 |
| Ca State University At NorthridgeGENERAL OPERATIONS | Northridge, CA | $1K | 2023 |
| La OperaGENERAL | Los Angeles, CA | $1K | 2023 |
| Chabad Of ChatsworthGENERAL | Chatsworeth, CA | $300 | 2023 |
| Sanit Josephh Health Center FndnGENERAL OPERATIONS | Santa Monica, CA | $5K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA