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Clara Inspired is a private corporation based in MIDLOTHIAN, VA. The foundation received its IRS ruling in 2019. It holds total assets of $51K. Annual income is reported at $14K. Total assets have grown from N/A in 2018 to $44K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of health. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Clara Inspired has made 5 grants totaling $115K, with a median grant of $30K. Annual giving has decreased from $30K in 2020 to $24K in 2023. Grantmaking activity was highest in 2021 with $31K distributed across 2 grants. Individual grants have ranged from N/A to $31K, with an average award of $23K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New York and North Carolina and Illinois. 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 Inspired primarily funds organizations in the area of health. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NY, NC, IL.
Clara Inspired has distributed a total of $115K across 5 grants. The median grant size is $30K, with an average of $23K. Individual grants have ranged from N/A to $31K.
Clara Inspired typically selects its grantees rather than accepting unsolicited proposals.
Clara Inspired is headquartered in MIDLOTHIAN, VA. While based in VA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Baum | Director | $0 | $0 | N/A |
| Kristen Baum | Director | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$44K
Fair Market Value
$44K
Net Worth
$44K
Grants Paid
$24K
Contributions
$8K
Net Investment Income
N/A
Distribution Amount
$3K
Total Grants
5
Total Giving
$115K
Average Grant
$23K
Median Grant
$30K
Unique Recipients
4
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityGeneral 501(c)(3) purpose of the organization | New York, NY | $31K | 2021 |
| Stxbp1 FoundationGeneral 501(c)(3) purpose of the organization | Holly Springs, NC | $24K | 2023 |
| Weill Cornell MedicineGeneral 501(c)(3) purpose of the organization | New York, NY | $30K | 2022 |
| CuresmaGeneral 501(c)(3) purpose of the organization | Elk Grove Village, IL | N/A | 2021 |