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Clovelly Foundation is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 1998. The principal officer is % Thomas N Allen. It holds total assets of $621K. Annual income is reported at $728K. THE CLOVELLY FOUNDATION MAKES GRANTS TO QUALIFYING PUBLIC CHARITIES AND DOES NOT CARRY ON ANY CHARITABLE ACTIVITIES DIRECTLY. According to available records, Clovelly Foundation has made 42 grants totaling $663K, with a median grant of $10K. Annual giving has decreased from $243K in 2021 to $193K in 2023. Individual grants have ranged from $250 to $90K, with an average award of $16K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Virginia, New York, Tennessee, which account for 83% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
THE CLOVELLY FOUNDATION MAKES GRANTS TO QUALIFYING PUBLIC CHARITIES AND DOES NOT CARRY ON ANY CHARITABLE ACTIVITIES DIRECTLY.
THE CLOVELLY FOUNDATION MAKES GRANTS TO QUALIFYING PUBLIC CHARITIES AND DOES NOT CARRY ON ANY CHARITABLE ACTIVITIES DIRECTLY. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in VA, NY, TN.
Clovelly Foundation has distributed a total of $663K across 42 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $250 to $90K.
Clovelly Foundation typically selects its grantees rather than accepting unsolicited proposals.
Clovelly Foundation is headquartered in RICHMOND, VA. While based in VA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas N Allen | PRESIDENT | $0 | $0 | $0 |
| Bernadette G Palmer | TREASURER | $0 | $0 | $0 |
Total Giving
$204K
Total Assets
$727K
Fair Market Value
$1.4M
Net Worth
$727K
Grants Paid
$193K
Contributions
$0
Net Investment Income
$112K
Distribution Amount
$62K
Total Grants
42
Total Giving
$663K
Average Grant
$16K
Median Grant
$10K
Unique Recipients
27
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| London School Of EconomicsEDUCATIONAL SUPPORT | New York, NY | $60K | 2023 |
| Trousdale PlaceCHARITABLE SUPPORT | Gallatin, TN | $30K | 2023 |
| Virginia Museum Of Fine Arts FoundaCHARITABLE SUPPORT | Richmond, VA | $20K | 2023 |
| Hampden-Sydney CollegeEDUCATIONAL SUPPORT | Farmville, VA | $18K | 2023 |
| The Richmond SymphonyCHARITABLE SUPPORT | Richmond, VA | $15K | 2023 |
LONG BEACH, CA
JERSEY CITY, NJ
NEW YORK, NY
SARATOGA SPGS, NY
NAPLES, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| St Paul'S Cathedral TrustCHARITABLE SUPPORT | Washington, DC | $10K | 2023 |
| Boys Girls Clubs Of RichmondCHARITABLE SUPPORT | Richmond, VA | $10K | 2023 |
| Virginia Museum Of History CulturCHARITABLE SUPPORT | Richmond, VA | $6K | 2023 |
| Mayo Clinic FoundationCHARITABLE SUPPORT | Jacksonville, FL | $5K | 2023 |
| United Way Of Greater RichmondCHARITABLE SUPPORT | Richmond, VA | $5K | 2023 |
| Mission Gait FoundationCHARITABLE SUPPORT | Richmond, VA | $5K | 2023 |
| St Stephen'S Episcopal ChurchCHARITABLE SUPPORT | Richmond, VA | $5K | 2023 |
| Riverside Presbyterian ChurchCHARITABLE SUPPORT | Sterling, VA | $1K | 2023 |
| Fordham Preparatory SchoolCHARITABLE SUPPORT | Bronx, NY | $1K | 2023 |
| CancerlincCHARITABLE SUPPORT | Richmond, VA | $1K | 2023 |
| Friends Of Hollywood CemetaryCHARITABLE SUPPORT | Richmond, VA | $500 | 2023 |
| National Mutiple Sclerosis SocietyCHARITABLE SUPPORT | Glen Allen, VA | $500 | 2023 |
| Vmi FoundationCHARITABLE SUPPORT | Lexington, VA | $250 | 2023 |
| Virginia Museum Of Fine Arts FoundationCHARITABLE SUPPORT | Richmond, VA | $15K | 2022 |
| Boys & Girls Clubs Of RichmondCHARITABLE SUPPORT | Richmond, VA | $10K | 2022 |
| Unicef UsaCHARITABLE SUPPORT | New York, NY | $10K | 2022 |
| United Way Of Greater Richmond & PetersburgCHARITABLE SUPPORT | Richmond, VA | $5K | 2022 |
| Glynn County FireCHARITABLE SUPPORT | Brunswick, GA | $1K | 2022 |
| Cancer LincCHARITABLE SUPPORT | Richmond, VA | $1K | 2022 |
| Nc Society Of The CincinnatiCLOVELLY FOUNDATION - CAPITAL GAINS ATTACHMENT | Raleigh, NC | $10K | 2021 |
| Omicron Delta KappaEDUCATIONAL SUPPORT | Lexington, VA | $3K | 2021 |
| Break Through CancerCHARITABLE SUPPORT | Cambridge, MA | $500 | 2021 |
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