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Clara Foundation is a private corporation based in AVON, MN. The foundation received its IRS ruling in 2004. The principal officer is Mae Skalicky. It holds total assets of $1.3M. Annual income is reported at $458K. Total assets have grown from $114K in 2011 to $1.3M in 2023. The foundation is governed by 4 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 2016 to 2023. According to available records, Clara Foundation has made 6 grants totaling $220K, with a median grant of $35K. Annual giving has grown from $80K in 2021 to $140K in 2022. Individual grants have ranged from $25K to $55K, with an average award of $37K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Minnesota. 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.
Clara Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MN.
Clara Foundation has distributed a total of $220K across 6 grants. The median grant size is $35K, with an average of $37K. Individual grants have ranged from $25K to $55K.
Clara Foundation typically selects its grantees rather than accepting unsolicited proposals.
Clara Foundation is headquartered in AVON, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kelly Skalicky | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Cheryl Ryan | SECRETARY | $0 | $0 | N/A |
| Johanna Ryan | DIRECTOR | $0 | $0 | N/A |
| Barrett Doss | DIRECTOR | $0 | $0 | N/A |
Total Giving
$54K
Total Assets
$1.3M
Fair Market Value
$1.3M
Net Worth
$1.3M
Grants Paid
$40K
Contributions
$16K
Net Investment Income
$72K
Distribution Amount
$61K
Total Grants
6
Total Giving
$220K
Average Grant
$37K
Median Grant
$35K
Unique Recipients
2
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| CornerstoneCHARITY | Bloomington, MN | $25K | 2022 |
| ReclaimCHARITY | St Paul, MN | $45K | 2022 |