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Clark-Nexsen Foundation is a private corporation based in VIRGINIA BCH, VA. The foundation received its IRS ruling in 2008. The principal officer is Kenneth G Stepka. It holds total assets of $1K. Annual income is reported at $168K. Total assets have decreased from $133K in 2011 to $1K in 2024. The foundation is governed by 6 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 2024. The foundation primarily funds organizations in Virginia and North Carolina. According to available records, Clark-Nexsen Foundation has made 90 grants totaling $316K, with a median grant of $2K. Annual giving has grown from $75K in 2020 to $134K in 2023. Individual grants have ranged from N/A to $32K, with an average award of $4K. The foundation has supported 71 unique organizations. The foundation primarily supports organizations in Virginia, North Carolina, Georgia, which account for 91% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$3K
Largest Grant
$13K
Based on 18 grants from the most recent 990-PF filing.
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.
Clark-Nexsen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 90 grants. Its grantmaking reaches organizations primarily in VA, NC, GA.
Clark-Nexsen Foundation has distributed a total of $316K across 90 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from N/A to $32K.
Clark-Nexsen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Clark-Nexsen Foundation is headquartered in VIRGINIA BCH, VA. While based in VA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chad Poultney | DIRECTOR | $0 | $0 | N/A |
| Susan Drew | DIRECTOR | $0 | $0 | N/A |
| Jason Jones | DIRECTOR | $0 | $0 | N/A |
| Wade Williams | DIRECTOR | $0 | $0 | N/A |
| Jennifer Heintz | DIRECTOR | $0 | $0 | N/A |
| Rebecca Brady | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1K
Fair Market Value
N/A
Net Worth
$1K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
90
Total Giving
$316K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
71
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Odu Ed FoundationPROGRAM SUPPORT | Norfolk, VA | $22K | 2023 |
| Virginia Arts FestivalPROGRAM SUPPORT | Norfolk, VA | $10K | 2023 |
| The American Cancer SocietyPROGRAM SUPPORT | Harerstown, MD | $10K | 2023 |
| Nc State FoundationDAY OF GIVING, ROBERT GIBSON SUPPORT, & SCHOLARSHIPS | Raleigh, NC | $9K | 2023 |
| Junior Achievement Of Greater HrBOWL A THON 2023 SILVER SPONSORSHIP | Virginia Beach, VA | $5K | 2023 |
| Charlotte Mecklenburg Library FdnSPONSOR VERSE AND VINO 2023 | Charlotte, NC | $5K | 2023 |
| The American Cancer Society - South Atlantic DivisionRELAY FOR LIFE OF SOUTH HAMPTON | Virginia Beach, VA | $5K | 2023 |
| Mountain City Public MontessoriCLASSROOM SHELVING | Asheville, NC | $5K | 2023 |
| Project Sweet PeasPROGRAM SUPPORT | Warwick, RI | $5K | 2023 |
| Foodbank Of Southeastern VirginiaDONATION OF FOOD CANS FOR CANSTRUCTION | Norfolk, VA | $4K | 2023 |
| Children'S Flight Of Hope IncHOPS FOR HOPE 2023 | Raleigh, NC | $4K | 2023 |
| Tcc Educational FoundationPROGRAM SUPPORT | Norfolk, VA | $4K | 2023 |
| Vmi FoundationSUPPORT FOR RC GIBSON 2023 | Lexington, VA | $4K | 2023 |
| Engineers In ActionPROGRAM SUPPORT | Tulsa, OK | $3K | 2023 |
| Judeo Christian Outreach CenterPROGRAM SUPPORT | Virginia Beach, VA | $3K | 2023 |
| Mercer UniversityPROGRAM SUPPORT | Macon, GA | $3K | 2023 |
| Virginia Musical TheatreDANCING WITH THE HR STARS | Virginia Beach, VA | $3K | 2023 |
| Wake Monarch AcademyGALA SPONSOR 2023 | Fuquay Varina, NC | $3K | 2023 |
| MocaBOARDWALK ART SHOW 2023 | Virginia Beach, VA | $3K | 2023 |
| The Foundation Of Nc A&T University IncSUPPORT CIVIL/ARCH/ENV/ENG DEPT | Greensboro, NC | $2K | 2023 |
| Hampton UniversityDEPARTMENT OF ARCHITECTURE - STUDENT SCHOLARSHIPS | Hampton, VA | $2K | 2023 |
| Old Dominion Athletic Foundation2023 GOLF DINNER | Norfolk, VA | $2K | 2023 |
| Union Mission MinistriesHOLIDAY DONATION 2023 | Norfolk, VA | $2K | 2023 |
| 24 Foundation24 HOURS OF BOOTY - 2023 | Charlotte, NC | $1K | 2023 |
| Women'S Center Of Wake CountyGIVE LOCALLY PROGRAM SUPPORT | Raleigh, NC | $1K | 2023 |
| Alice'S KidsGIVE LOCALLY CAMPAIGN | Mount Vernon, VA | $1K | 2023 |
| Arc Of Washington CountyGIVE LOCALLY CAMPAIGN | Johnson City, TN | $1K | 2023 |
| Blue Ridge Independent Living Ctr IncGIVE LOCALLY CAMPAIGN | Roanoke, VA | $1K | 2023 |
| Davidson-Davie Community CollegeHARTNESS STUDENT SUCCESS SCHOLARSHIP | Lexington, NC | $1K | 2023 |
| Feed More IncLOCAL CHARITITIES SUPPORT | Richmond, VA | $1K | 2023 |
| Hope For Life RescueGIVE LOCALLY CAMPAIGN | Virginia Beach, VA | $1K | 2023 |
| Jay'S Hope FoundationPROGRAM SUPPORT | Macon, GA | $1K | 2023 |
| Junior League Of MaconPROGRAM SUPPORT | Macon, GA | $1K | 2023 |
| Junior League Of Norfolk-Va Beach IncPROGRAM SUPPORT | Virginia Beach, VA | $1K | 2023 |
| Mary Persons High School2 STUDENT SCHOLARSHIP FOR MU ALPHA THETA SENIOR | Forsyth, GA | $1K | 2023 |
| Beloved AshevilleLOCAL GIVING CAMPAIGN | Asheville, NC | $1K | 2023 |
| NcnomaSILVER SPONSORSHIP | Charlotte, NC | $1K | 2023 |
| Real Impact Center IncPROGRAM SUPPORT | Macon, GA | $1K | 2023 |
| Second Harvest Food Bank Of MetrolinaGIVE LOCALLY DRIVE | Charlotte, NC | $1K | 2023 |
| Va Tech FoundationPROGRAM SUPPORT | Blacksburg, VA | $1K | 2023 |
| Law Enforcement UnitedTEAM PORTSMOUTH (SUPPORT DAN WALKER) | Virginia Beach, VA | $850 | 2023 |
| Virginia Beach Casa IncFRIEND LEVEL SPONSORSHIP | Virginia Beach, VA | $500 | 2023 |
| Link Philanthropy IncPROGRAM SUPPORT | Virginia Beach, VA | $500 | 2023 |
| Jonesbough Elementary PtaTSHIRTS FOR GRAND OPENING | Jonesborough, TN | $500 | 2023 |
| Recovery Communities Of NcCO. MATCH FOR CHILI COOKOFF | Raleigh, NC | $184 | 2023 |
| Old Dominion University Educational FoundationCOMPANY MATCHES FOR EMPLOYEES | Norfolk, VA | $31K | 2022 |
| Carolina Day SchoolIT ALL BEGINS HERE - PYMT 3 & 4 | Asheville, NC | $5K | 2022 |
| Diversify Architecture2022 DONATION | Raleigh, NC | $5K | 2022 |