BETHESDA, MD
Clark Charitable Foundation Inc.
Quick Facts
- EIN
- 521512330
- Location
- BETHESDA, MD
- Category
- Philanthropy & Grantmaking
- Total Assets
- $447.1M
- Annual Income
- $363.2M
- IRS Ruling Year
- 1987
- Organization Type
- Corporation
- Principal Officer
- % Terri Klatzkin
- Tax Deductibility
- Contributions are deductible
About This Foundation
Clark Charitable Foundation Inc. is a private corporation based in BETHESDA, MD. The foundation received its IRS ruling in 1987. The principal officer is % Terri Klatzkin. It holds total assets of $447.1M. Annual income is reported at $363.2M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$119.4M
2023-20%
Total Assets
$491.9M
2023-18%
Fair Market Value
$490.6M
2023
Net Worth
$491.9M
2023
Grants Paid
$114.4M
2023
Contributions
$0
2023
Net Investment Income
$14.5M
2023
Distribution Amount
$26M
2023
Total Giving by Year
$3.9M
11$4.8M
12$7.2M
13$7.5M
14$10.9M
15$136.6M
19$143.2M
20$72.2M
21$149.3M
22$119.4M
23Asset Growth
$69.6M
11$69.7M
12$69.8M
13$75.5M
14$93.4M
15$126M
19$64.2M
20$421.1M
21$599.2M
22$491.9M
23Investment Portfolio (2023)
Total: $358.9M
Corporate Stock: $13.3M
Corporate Bonds: $93M
Government Obligations: $252.6M
Other Investments: $101.7M
Corporate Stock (3%)
Corporate Bonds (20%)
Government Obligations (55%)
Other Investments (22%)
Expense Breakdown (2023)
Grants Paid$114.4M
Travel & Conferences$630K
Officer Compensation$549K
Pension & Benefits$321K
Accounting Fees$103K
Legal Fees$40K
Revenue Sources (2023)
- Interest
- $9M
- Dividends
- $5.6M
- Capital Gains (Net)
- $-2,384,406
Financial Details (2023)
- Total Revenue
- $12.1M
- Total Expenses
- $119.4M
- Exempt Purpose Expenses
- $118.6M
- Required Distribution
- $26M
- Undistributed Income
- $0
- Grants Approved (Future)
- $11.3M
- Total Liabilities
- $1
- Excise Tax
- $201K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$101.6M
Average Grant
$2M
Median Grant
$1M
Grant Range
Min$500K
Max$20.6M
Median: $1M
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
MT: $1.3M (1)
ND
MN
WI
MI
NY
NY: $750K (1)
MA
CT
RI
OR
NV
WY
SD
IA
IL
IL: $500K (1)
IN
OH
PA
PA: $3.8M (2)
NJ
CA
CA: $1.2M (1)
UT
CO
NE
MO
MO: $1.5M (1)
KY
WV
VA
VA: $4M (3)
MD
MD: $53M (14)
DE
DC
DC: $31.6M (23)
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
GA: $2M (2)
FL
HI
TX
TX: $2M (1)
MD$53M (14)
DC$31.6M (23)
VA$4M (3)
PA$3.8M (2)
TX$2M (1)
GA$2M (2)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Maryland College Park Foundation IncCLARK SCHOLARS PROGRAM NETWORK | College Park, MD | $20.6M | 2023 |
| University Of Maryland College Park Foundation IncNEW ENGINEERING FACILITIES | College Park, MD | $7M | 2023 |
| Children'S National Medical CenterCLARK PARENT-CHILD NETWORK | Washington, DC | $5M | 2023 |
| Medstar Health IncSAFE BABIES, SAFE MOMS HEALTH INITIATIVE | Columbia, MD | $5M | 2023 |
| University Of Maryland College Park Foundation IncCLARK DISTINGUISHED CHAIRS | College Park, MD | $4M | 2023 |
| University Of Maryland College Park Foundation IncCLARK DISTINGUISHED CHAIRS | College Park, MD | $4M | 2023 |
| University Of Maryland College Park Foundation IncCLARK DISTINGUISHED CHAIRS | College Park, MD | $4M | 2023 |
| Medstar Georgetown Medical Center IncCONSTRUCTION OF NEW PAVILION | Washington, DC | $3.8M | 2023 |
| Catholic Charities DcSUPPORT OF THE NEWCOMER NETWORK | Washington, DC | $3.7M | 2023 |
| Pennsylvania State UniversityCLARK SCHOLARS PROGRAM | University Park, PA | $3M | 2023 |
| Washington Jesuit AcademyCAPITAL CAMPAIGN SUPPORT | Washington, DC | $2.8M | 2023 |
| Sibley Memorial Hospital FoundationMATERNAL HEALTH ACCESS PROGRAM | Washington, DC | $2.6M | 2023 |
| Boulder Crest FoundationGENERAL OPERATING SUPPORT OF VETERANS PROGRAMS | Bluemont, VA | $2M | 2023 |
| Operation Homefront IncSUPPORT FOR VETERANS TRANSITIONAL HOUSING PROGRAMS | San Antonio, TX | $2M | 2023 |
| Suburban Hospital FoundationCAPITAL CAMPAIGN | Bethesda, MD | $2M | 2023 |
| University Of Maryland College Park Foundation IncCLARK LEADERSHIP CHAIRS | College Park, MD | $2M | 2023 |
| Washington Jesuit AcademyHEADMASTER'S ENDOWMENT FUND | Washington, DC | $1.5M | 2023 |
| The Mission ContinuesCAPACITY BUILDING SUPPORT FOR VETERANS PROGRAM | St Louis, MO | $1.5M | 2023 |
| Hire Heroes UsaMENTORING AND ONLINE TRAINING PROGRAMS | Alpharetta, GA | $1.5M | 2023 |
| Third Option FoundationSUPPORT OF VETERANS PROGRAMS | Reston, VA | $1.5M | 2023 |
| The Commit FoundationSUPPORT OF VETERANS TRANSITION PROGRAMS | Bozeman, MT | $1.3M | 2023 |
| Workshops For WarriorsCONSTRUCTION OF A NEW FACILITY | San Diego, CA | $1.2M | 2023 |
| Sibley Memorial Hospital FoundationEXPAND PEDIATRIC PROTON THERAPY CARE | Washington, DC | $1.1M | 2023 |
| Dc ScoresGENERAL OPERATING SUPPORT OF AFTER-SCHOOL PROGRAMS | Washington, DC | $1M | 2023 |
| University Of Maryland College Park Foundation IncA. JAMES CLARK SCHOLARSHIP ENDOWMENT | College Park, MD | $1M | 2023 |
| Samaritan Inns IncGENERAL OPERATING SUPPORT OF HOUSING, TREATMENT AND RECOVERY SERVICES PROGRAMS | Washington, DC | $1M | 2023 |
| Operation Opportunity FoundationCAPACITY-BUILDING SUPPORT OF COLLEGE PREPARATORY PROGRAMS | Washington, DC | $1M | 2023 |
| University Of Maryland College Park Foundation IncMARYLAND PROMISE PROGRAM | College Park, MD | $998K | 2023 |
| Dog Tag IncDOG TAG FELLOWSHIP PROGRAM EXPANSION | Washington, DC | $900K | 2023 |
| Travis Manion FoundationGENERAL OPERATING SUPPORT OF VETERANS PROGRAMS | Doylestown, PA | $750K | 2023 |
| Head Strong Project IncSTRATEGIC GROWTH AND CAPACITY-BUILDING SUPPORT | New York, NY | $750K | 2023 |
| Samaritan Inns IncGENERAL OPERATING SUPPORT OF HOUSING, TREATMENT AND RECOVERY SERVICES PROGRAMS | Washington, DC | $750K | 2023 |
| University Of Maryland College Park Foundation IncCLARK MARKETING & COMMUNICATIONS FUND | College Park, MD | $750K | 2023 |
| Youth Invest PartnersSTRATEGIC PLANNING IMPLEMENTATION | Washington, DC | $750K | 2023 |
| Medstar Georgetown Medical Center IncEARLY CHILDHOOD INNOVATION NETWORK | Washington, DC | $720K | 2023 |
| Children'S National Medical CenterENDOWED PROFESSORSHIPS | Washington, DC | $625K | 2023 |
| Children'S National Medical CenterEARLY CHILDHOOD INNOVATION NETWORK | Washington, DC | $610K | 2023 |
| Consortium Of Catholic AcademiesGENERAL OPERATING SUPPORT OF STUDENT SUPPORT PROGRAMS | Washington, DC | $600K | 2023 |
| John F Kennedy Center For The Performing ArtsTHE REACH, PERFORMANCES FOR YOUNG AUDIENCES, AND THE NATIONAL SYMPHONY ORCHESTRA'S YOUNG PEOPLE'S CONCERTS | Washington, DC | $600K | 2023 |
| United States Soccer Federation Foundation IncDC MINI-PITCH INITIATIVE | Washington, DC | $575K | 2023 |
| Holy Cross Health Foundation IncGENERAL OPERATING SUPPORT OF MATERNAL AND INFANT HEALTH PROGRAMS | Silver Spring, MD | $552K | 2023 |
| University Of Maryland College Park Foundation IncMARYLAND PROMISE PROGRAM | College Park, MD | $526K | 2023 |
| Evans Scholars FoundationSTUDENT SCHOLARSHIPS | Glenview, IL | $500K | 2023 |
| Cityworks DcGENERAL OPERATING SUPPORT OF YOUTH CAREER DEVELOPMENT PROGRAMS | Washington, DC | $500K | 2023 |
| Catholic Charities DcGENERAL OPERATING SUPPORT OF SOCIAL SERVICES PROGRAMS | Washington, DC | $500K | 2023 |
| San Miguel School IncTUITION ASSISTANCE FOR LOW-INCOME STUDENTS | Washington, DC | $500K | 2023 |
| Third Option FoundationSUPPORT OF VETERANS PROGRAMS | Reston, VA | $500K | 2023 |
| Friends Of Easton Volunteer Fire Department IncSUPPORT THE CONSTRUCTION OF A NEW TRAINING FACILITY FOR FIRST RESPONDERS | Easton, MD | $500K | 2023 |
| Atlanta University Center ConsortiumSUPPORT FOR ENGINEERING INITIATIVES | Atlanta, GA | $500K | 2023 |
| Marys Center For Maternal And Child Care IncNURSE FAMILY PARTNERSHIP AND MATERNAL CARE COORDINATION PROGRAMS | Washington, DC | $500K | 2023 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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