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Clearlake Impact Initiative Inc. is a private corporation based in SANTA MONICA, CA. The foundation received its IRS ruling in 2022. The principal officer is Clearlake Impact Initiative. It holds total assets of $1.3M. Annual income is reported at $325K. Total assets have grown from $266K in 2021 to $1.3M in 2024. The foundation is governed by 4 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 2021 to 2024. According to available records, Clearlake Impact Initiative Inc. has made 11 grants totaling $254K, with a median grant of $15K. Annual giving has grown from $31K in 2022 to $223K in 2023. Individual grants have ranged from $336 to $100K, with an average award of $23K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in California and New York and Florida. 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.
Clearlake Impact Initiative Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in CA, NY, FL.
Clearlake Impact Initiative Inc. has distributed a total of $254K across 11 grants. The median grant size is $15K, with an average of $23K. Individual grants have ranged from $336 to $100K.
Clearlake Impact Initiative Inc. typically selects its grantees rather than accepting unsolicited proposals.
Clearlake Impact Initiative Inc. is headquartered in SANTA MONICA, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jose E Feliciano | DIRECTOR/CO-PRESIDENT | $0 | $0 | N/A |
| Behdad Eghbali | DIRECTOR/CO-PRESIDENT | $0 | $0 | N/A |
| Fred Ebrahemi | DIRECTOR/COO/SECRETARY | $0 | $0 | N/A |
| Pedro Urrutia | DIRECTOR/CFO/TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.3M
Fair Market Value
N/A
Net Worth
$1.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$254K
Average Grant
$23K
Median Grant
$15K
Unique Recipients
8
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Independent School Alliance For Minority Affairsgeneral operating support | Culver City, CA | $100K | 2023 |
| Robert A Toigo Foundationgeneral operating support | Oakland, CA | $50K | 2023 |
| The Posse Foundation Incgeneral operating support | New York, NY | $25K | 2023 |
| Boys And Girls Club Of Santa Monica Inccollege bound program 2023-2024 | Santa Monica, CA | $25K | 2023 |
| Sponsors For Educational Opportunity IncOPPORTUNITY SPONSORSHIP | New York, NY | $15K | 2023 |
| The Honorable Tina Brozman Foundation Incgeneral operating support | New York, NY | $5K | 2023 |
| Best Buddies International Incchampion campaign | Miami, FL | $3K | 2023 |
| Ucla Foundation(1) DESCRIPTION: VARIOUS SUPPLIES (2) BOOK VALUE: $336 (3) METHOD USED TO DETERMINE BOOK VALUE: PURCHASE PRICE (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: PURCHASE PRICE (5) DATE OF THE GIFT: 10/01/2022 (6) PURPOSE: EVENT SUPPORT | Los Angeles, CA | $336 | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA