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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. Total assets have decreased from $947K in 2011 to $727K in 2023. The foundation is governed by 2 officers and trustees. The clovelly foundation makes grants to qualifying public charities and does not carry on any charitable activities directly. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Virginia and New York. 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.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$19K
Largest Grant
$60K
Based on 12 grants from the most recent 990-PF filing.
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 | N/A |
| Bernadette G Palmer | TREASURER | $0 | $0 | N/A |
Total Giving
$204K
Total Assets
$727K
Fair Market Value
$1.4M
Net Worth
$727K
Grants Paid
$193K
Contributions
N/A
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 |
| Boys Girls Clubs Of RichmondCHARITABLE SUPPORT | Richmond, VA | $10K | 2023 |
| St Paul'S Cathedral TrustCHARITABLE SUPPORT | Washington, DC | $10K | 2023 |
| Virginia Museum Of History CulturCHARITABLE SUPPORT | Richmond, VA | $6K | 2023 |
| United Way Of Greater RichmondCHARITABLE SUPPORT | Richmond, VA | $5K | 2023 |
| St Stephen'S Episcopal ChurchCHARITABLE SUPPORT | Richmond, VA | $5K | 2023 |
| Mayo Clinic FoundationCHARITABLE SUPPORT | Jacksonville, FL | $5K | 2023 |
| Mission Gait FoundationCHARITABLE SUPPORT | Richmond, VA | $5K | 2023 |
| Fordham Preparatory SchoolCHARITABLE SUPPORT | Bronx, NY | $1K | 2023 |
| Riverside Presbyterian ChurchCHARITABLE SUPPORT | Sterling, VA | $1K | 2023 |
| CancerlincCHARITABLE SUPPORT | Richmond, VA | $1K | 2023 |
| National Mutiple Sclerosis SocietyCHARITABLE SUPPORT | Glen Allen, VA | $500 | 2023 |
| Friends Of Hollywood CemetaryCHARITABLE SUPPORT | Richmond, 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 |
| Cancer LincCHARITABLE SUPPORT | Richmond, VA | $1K | 2022 |
| Glynn County FireCHARITABLE SUPPORT | Brunswick, GA | $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 |