Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Clover Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1985. It holds total assets of $130.8M. Annual income is reported at $39.4M. Total assets have grown from $90.8M in 2011 to $130.8M in 2024. The foundation is governed by 9 officers and trustees. Tax records are available from 2020 to 2024. Funding is distributed across 5 states, including United States, Italy, Mexico. According to available records, Clover Foundation has made 38 grants totaling $18.6M, with a median grant of $140K. Annual giving has grown from $5M in 2020 to $6.4M in 2022. Grantmaking activity was highest in 2021 with $7.1M distributed across 14 grants. Individual grants have ranged from $10K to $3.1M, with an average award of $489K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Florida, New York, New Jersey, which account for 34% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The Clover Foundation pursues a mission-driven grantmaking strategy firmly rooted in Catholic social teaching and the spirituality of Opus Dei. Founded in 1985 by Francisco and Begona Gomez in Texas, the foundation was created with the specific purpose of supporting projects inspired by the Catholic Prelature of Opus Dei and the teachings of its founder, St. Josemaria Escriva de Balaguer. Now headquartered in New York, the foundation maintains a global reach while keeping its grantmaking tightly aligned with this religious and educational mission. The foundation''s approach emphasizes ''whole-person education''—initiatives that integrate intellectual, moral, and spiritual formation. It seeks to affirm the dignity of human life and promote the integral development of communities, which translates in practice to supporting Catholic educational institutions, academic programs that engage with natural law and religious tradition, youth service initiatives, and parent support programs. The foundation operates through pre-selected grantmaking without a public application process, relying on its network within the Opus Dei community and aligned organizations to identify funding opportunities. Leadership by Gonzalo Vera (Director), William Orchard (Treasurer), and Federico Riera-Marsa (Director/President) provides continuity with the foundation''s founding vision.
With approximately $131 million in assets, the Clover Foundation makes annual disbursements ranging from $2.8 million to $4.3 million, representing a relatively conservative payout. The foundation typically makes a small number of grants with high variance in size. The largest single grants—up to $2 million—have gone to the Pontifical University of the Holy Cross in Rome for operating support, reflecting the foundation''s strong connection to Opus Dei''s educational institutions. Mid-range grants of $20,000-$30,000 support academic programs like the Witherspoon Institute''s educational seminars and the James Madison Program at Princeton University (which received $30,000 in start-up funding). Youth service organizations like YSI receive $20,000 grants for summer programs. The geographic distribution spans the United States, Italy, Mexico, and Peru, reflecting Opus Dei''s global presence. The average grant size of approximately $536,000 is skewed upward by the large institutional grants; most individual awards are likely in the $20,000-$100,000 range. Annual grant counts are modest—likely 10-20 awards per year—consistent with the foundation''s relationship-based model.
| Foundation | Assets | Annual Giving | Focus | Affiliation | Application |
|---|---|---|---|---|---|
| Clover Foundation | $131M | $2.8-4.3M | Catholic education, culture | Opus Dei | Pre-selected |
| Koch Foundation (FL) | $200M+ | $15M+ | Catholic education, evangelization | Catholic | Open applications |
| Raskob Foundation | $200M+ | $3-5M | Catholic activities worldwide | Catholic | Open applications |
| GHR Foundation | $600M+ | $25M+ | Education, global development | Catholic-inspired | Open RFPs |
| Porticus (Brenninkmeijer) | $500M+ | $100M+ | Education, society, faith | Catholic | Invitation + open |
| FADICA Members (avg) | Varies | Varies | Catholic philanthropy | Catholic | Varies |
The Clover Foundation is mid-sized among Catholic-oriented private foundations in the United States. Its asset base of $131 million is substantial but its annual giving is conservative compared to peers like the Koch Foundation or GHR Foundation. Its explicit Opus Dei affiliation distinguishes it from broader Catholic foundations like Raskob, which fund across Catholic organizations regardless of movement or order. The pre-selected grantmaking model limits accessibility but ensures tight mission alignment.
In 2024, the Clover Foundation disbursed $3.4 million in grants, continuing its steady annual grantmaking. The foundation''s website at cloverfdn.org provides a polished public presence with detailed sections on mission, history, current work, and governance. Recent grants have continued to support the Pontifical University of the Holy Cross with significant operating grants, reflecting the foundation''s flagship institutional relationship. Youth service programming through YSI and academic support through the Witherspoon Institute remain active grant areas. The foundation maintains its global scope with projects documented in the US, Italy, Mexico, and Peru. Disbursements have been relatively stable over the past four years: $4.1M (2021), $4.3M (2022), $2.8M (2023), and $3.4M (2024). The foundation''s connection to the James Madison Program at Princeton—one of the most prominent academic centers studying natural law, the American founding, and Western political tradition—demonstrates its engagement with elite academic institutions.
The Clover Foundation does not accept unsolicited grant applications, making traditional application strategies inapplicable. For organizations seeking to engage with the foundation: (1) Alignment with Opus Dei is effectively a prerequisite—the foundation explicitly supports ''projects inspired by the Catholic Prelature of Opus Dei.'' Organizations with formal or informal connections to Opus Dei centers, schools, or community programs are the natural fit. (2) Educational institutions offering whole-person formation that integrates academic excellence with moral and spiritual development are the primary beneficiaries. (3) Catholic universities and academic programs, particularly those with programs in natural law, Catholic social teaching, or philosophy, may find alignment. (4) Youth service organizations with a Catholic formation component should explore connections through the Opus Dei network. (5) International organizations, particularly in Latin America (Mexico, Peru) and Europe (Italy), are within the geographic scope. (6) Contact the foundation at 420 Lexington Ave, Suite 300, New York, NY 10170, or call 212-297-6209 for inquiries. (7) Organizations seeking a formal referral should work through Opus Dei institutional channels rather than approaching the foundation cold. (8) Grants to parent support initiatives reflect the foundation''s emphasis on family—programs supporting parents in their educational role may find particular resonance.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
Support for schools, universities, and educational programs that promote whole-person education, including grants to the Pontifical University of the Holy Cross in Rome
Funding for cultural initiatives that affirm human dignity and community development
Support for youth service projects, including summer service programs through YSI
Support for educational seminars and academic institutions including the Witherspoon Institute and James Madison Program
With approximately $131 million in assets, the Clover Foundation makes annual disbursements ranging from $2.8 million to $4.3 million, representing a relatively conservative payout. The foundation typically makes a small number of grants with high variance in size. The largest single grants—up to $2 million—have gone to the Pontifical University of the Holy Cross in Rome for operating support, reflecting the foundation''s strong connection to Opus Dei''s educational institutions. Mid-range grant.
Clover Foundation has distributed a total of $18.6M across 38 grants. The median grant size is $140K, with an average of $489K. Individual grants have ranged from $10K to $3.1M.
The Clover Foundation pursues a mission-driven grantmaking strategy firmly rooted in Catholic social teaching and the spirituality of Opus Dei. Founded in 1985 by Francisco and Begona Gomez in Texas, the foundation was created with the specific purpose of supporting projects inspired by the Catholic Prelature of Opus Dei and the teachings of its founder, St. Josemaria Escriva de Balaguer. Now headquartered in New York, the foundation maintains a global reach while keeping its grantmaking tightly.
Clover Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Orchard | TREASURER | $20K | $4K | $24K |
| Andrew O'Meara | SECRETARY | $19K | $2K | $21K |
| Matthew Anthony | DIRECTOR | $0 | $0 | N/A |
| Gonzalo Vera | DIRECTOR | $0 | $0 | N/A |
| Julien Nagore | DIRECTOR/VICE PRESIDENT | $0 | $0 | N/A |
| Robert Moniot | DIRECTOR/VICE PRESIDENT | $0 | $0 | N/A |
| Federico Riera-Marsa | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Thomas White | DIRECTOR/SECRETARY | $0 | $0 | N/A |
| Peter Anglada | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$130.8M
Fair Market Value
N/A
Net Worth
$130.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
38
Total Giving
$18.6M
Average Grant
$489K
Median Grant
$140K
Unique Recipients
8
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Iese Usa IncRELIEVE RENT FOR SEPT 2020 | New York, NY | $428K | 2020 |
| Prelatura Della Santa Croce E Opus DeiVILLA FONTANA PROJECT | Rome | $3.1M | 2022 |
| Asociacion Cultural Internacional AcMONTEFALCO SCHOOL - GRANT | La Otra Banda | $100K | 2022 |
| The Witherspoon InstituteTO SUPPORT SCHREYER SUMMER | Princeton, NJ | $25K | 2022 |
| Cuir (Col Univ Int Roma)EXPANSION OF COLLEGIO SEDES | Roma | $611K | 2021 |
| Asociacion Venezolana De Promocion EdGRANT FOR ARAYA STUDY | Caracas | $350K | 2021 |
| Youth Service InternationalSERVICE PROJECT IN PERU | Chicago, IL | $10K | 2021 |
| Universidad Monteavila Foundation CorpEXPANSION OF UNIVERSIDAD | Miami, FL | $500K | 2020 |