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Clavel Charitable Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2019. It holds total assets of $1.4M. Annual income is reported at $491K. The foundation is governed by 1 officer or trustee. 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, Clavel Charitable Foundation has made 6 grants totaling $121K, with a median grant of $19K. Annual giving has decreased from $76K in 2022 to $44K in 2023. Individual grants have ranged from $19K to $22K, with an average award of $20K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. 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.
Clavel Charitable 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 NY.
Clavel Charitable Foundation has distributed a total of $121K across 6 grants. The median grant size is $19K, with an average of $20K. Individual grants have ranged from $19K to $22K.
Clavel Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Clavel Charitable Foundation is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $21K | $0 | $21K |
Total Giving
$71K
Total Assets
$1.3M
Fair Market Value
$1.6M
Net Worth
$1.3M
Grants Paid
$44K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$72K
Total: N/A
Total Grants
6
Total Giving
$121K
Average Grant
$20K
Median Grant
$19K
Unique Recipients
2
Most Common Grant
$19K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Manhattan School Of MusicGENERAL OPERATING | New York, NY | $22K | 2023 |
| Julliard SchoolGENERAL PURPOSES | New York, NY | $22K | 2023 |