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Clausen Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2021. The principal officer is Foundation Source. It holds total assets of $2.9M. Annual income is reported at $9.8M. Total assets have grown from $1M in 2020 to $2.6M in 2023. The foundation is governed by 3 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 2020 to 2023. According to available records, Clausen Family Foundation has made 21 grants totaling $754K, with a median grant of $5K. Annual giving has decreased from $212K in 2021 to $106K in 2023. Grantmaking activity was highest in 2022 with $436K distributed across 14 grants. Individual grants have ranged from $1K to $105K, with an average award of $36K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Colorado, Michigan, California, which account for 62% of all grants. Grantmaking reaches organizations across 6 states. 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.
Clausen Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in CO, MI, CA.
Clausen Family Foundation has distributed a total of $754K across 21 grants. The median grant size is $5K, with an average of $36K. Individual grants have ranged from $1K to $105K.
Clausen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Clausen Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles Albano | Sec | $0 | $0 | N/A |
| David Cessna | Treas | $0 | $0 | N/A |
| Craig M Clausen | Dir, Pres | $0 | $0 | N/A |
Total Giving
$136K
Total Assets
$2.6M
Fair Market Value
$2.6M
Net Worth
$2.6M
Grants Paid
$106K
Contributions
$100K
Net Investment Income
$102K
Distribution Amount
$126K
Total Grants
21
Total Giving
$754K
Average Grant
$36K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Providence NetworkGeneral & Unrestricted | Denver, CO | $102K | 2023 |
| Challenged Athletes IncGeneral & Unrestricted | San Diego, CA | $3K | 2023 |
| American TransparencyGeneral & Unrestricted | Hinsdale, IL | $2K | 2023 |
| Hillsdale Collegefor the benefit of the Barney Charter School initiative challenge | Hillsdale, MI | $100K | 2022 |
| Heart For Orphans IncNecessities for orphans in Ukraine | Williamsburg, VA | $2K | 2022 |
| Judicial Watch IncGeneral & Unrestricted | Washington, DC | $2K | 2022 |