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Also known as: FOUNDATION C/O PORZIO BROMBERG & NEWMAN
David R Clare And Margaret C Clare Foundation is a private trust based in MORRISTOWN, NJ. The foundation received its IRS ruling in 1991. The principal officer is % Porzio Bromberg & Newman. It holds total assets of $3.7M. Annual income is reported at $23.6M. According to available records, David R Clare And Margaret C Clare Foundation has made 284 grants totaling $57.6M, with a median grant of $100K. Annual giving has grown from $8.5M in 2021 to $22.2M in 2023. Grantmaking activity was highest in 2022 with $26.9M distributed across 140 grants. Individual grants have ranged from $1K to $2.3M, with an average award of $203K. The foundation has supported 98 unique organizations. The foundation primarily supports organizations in California, Florida, Georgia, which account for 59% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
David R Clare And Margaret C Clare Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 284 grants. Its grantmaking reaches organizations primarily in CA, FL, GA.
David R Clare And Margaret C Clare Foundation has distributed a total of $57.6M across 284 grants. The median grant size is $100K, with an average of $203K. Individual grants have ranged from $1K to $2.3M.
David R Clare And Margaret C Clare Foundation typically selects its grantees rather than accepting unsolicited proposals.
David R Clare And Margaret C Clare Foundation is headquartered in MORRISTOWN, NJ. While based in NJ, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol A Clare | MANAGING DIRECTOR & TRUSTE | $301K | $12K | $313K |
| David R Clare Jr | MANAGING DIRECTOR & TRUSTEE | $257K | $10K | $268K |
| Matthew D Hinton | REGIONAL DIRECTOR & TRUSTE | $123K | $0 | $123K |
| Robert B Hinton Jr | REGIONAL DIRECTOR & TRUSTE | $118K | $5K | $123K |
Total Giving
$23.9M
Total Assets
$27M
Fair Market Value
$24.7M
Net Worth
$27M
Grants Paid
$22.2M
Contributions
$0
Net Investment Income
$444K
Distribution Amount
$2.6M
Total: $26.6M
Total Grants
284
Total Giving
$57.6M
Average Grant
$203K
Median Grant
$100K
Unique Recipients
98
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hope HouseGENERAL SUPPORT | Tustin, CA | $170K | 2023 |
| Medical Univ Of ScGENERAL SUPPORT | Charleston, SC | $2.3M | 2023 |
| The Jf Shea Therapeutic Riding Ctr IncGENERAL SUPPORT | San Juan Capistrano, CA | $2M | 2023 |
| Healthy Smiles For Kids Of Orange CountyGENERAL SUPPORT | Ivine, CA | $1.5M | 2023 |
| Second Harvest Food BankGENERAL SUPPORT | Irvine, CA | $1.5M |
| 2023 |
| Southeastern Guide DogsGENERAL SUPPORT | Palmetto, FL | $1.3M | 2023 |
| St Matthews HouseGENERAL SUPPORT | Naples, FL | $1.3M | 2023 |
| Chastian Horse ParkGENERAL SUPPORT | Atlanta, GA | $1.1M | 2023 |
| The Summit Country Day SchoolGENERAL SUPPORT | Cincinnati, OH | $1M | 2023 |
| Neighborhood Health Clinic IncGENERAL SUPPORT | Naples, FL | $1M | 2023 |
| The Shelter For Abused Women & ChildrenGENERAL SUPPORT | Naples, FL | $600K | 2023 |
| The Episcopal AcademyGENERAL SUPPORT | Newtown Square, PA | $555K | 2023 |
| Gulf Coast Junior Golf TourGENERAL SUPPORT | Naples, FL | $500K | 2023 |
| St Vincent De Paul Comm Pharmacy Of CinnGENERAL SUPPORT | Cincinnati, OH | $500K | 2023 |
| Phila Ronald Mcdonald HouseGENERAL SUPPORT | Philadelphia, PA | $432K | 2023 |
| Liberty Science CenterGENERAL SUPPORT | Jersey City, NJ | $385K | 2023 |
| University Of Notre DameGENERAL SUPPORT | South Bend, IN | $310K | 2023 |
| Crohns & Colitis Fnd IncGENERAL SUPPORT | New York, NY | $260K | 2023 |
| Sesame WorkshopGENERAL SUPPORT | New York, NY | $250K | 2023 |
| Beyond Blindness Of Orange CtyGENERAL SUPPORT | Santa Ana, CA | $250K | 2023 |
| Fernside Inc Ctr For GrievingGENERAL SUPPORT | Cincinnati, OH | $250K | 2023 |
| The Teaching Kitchen CollaborativeGENERAL SUPPORT | Burlington, MA | $250K | 2023 |
| Hoag Hospital FndGENERAL SUPPORT | Newport Beach, CA | $250K | 2023 |
| Sisters Of Notre Dame De NamurGENERAL SUPPORT | Cincinnati, OH | $250K | 2023 |
| North County Lifeline IncGENERAL SUPPORT | Oceanside, CA | $245K | 2023 |
| Als Assoc Of Ga IncGENERAL SUPPORT | Atlanta, GA | $200K | 2023 |
| Cincinnati Children'S Hospital Medical CenterGENERAL SUPPORT | Cincinnati, OH | $200K | 2023 |
| Caterina'S ClubGENERAL SUPPORT | Anaheim, CA | $175K | 2023 |
| St Pius X Catholic HsGENERAL SUPPORT | Atlanta, GA | $160K | 2023 |
| Cristo Rey AtlantaGENERAL SUPPORT | Atlanta, GA | $150K | 2023 |
| Special Olympics Georgia IncGENERAL SUPPORT | Norcross, GA | $150K | 2023 |
| Kate'S Club IncGENERAL SUPPORT | Atlanta, GA | $150K | 2023 |
| Illumination FoundationGENERAL SUPPORT | Orange, CA | $150K | 2023 |
| De Museum Of Nature & ScienceGENERAL SUPPORT | Wilmington, DE | $150K | 2023 |
| Project Hope School FdnGENERAL SUPPORT | Costa Mesa, CA | $150K | 2023 |
| Camp SunshineGENERAL SUPPORT | Decatur, GA | $125K | 2023 |
| The Chester County Hospital Fnd IncGENERAL SUPPORT | West Chester, PA | $125K | 2023 |
| The Gathering Place IncGENERAL SUPPORT | Brunswick, GA | $107K | 2023 |
| The Gesu School IncGENERAL SUPPORT | Philadelphia, PA | $101K | 2023 |
| Verbum Dei HsGENERAL SUPPORT | Los Angeles, CA | $100K | 2023 |
| Family Financial Relief Fnd IncGENERAL SUPPORT | Marietta, GA | $100K | 2023 |
| Step2 Mental Hlth ServicesGENERAL SUPPORT | Reno, NV | $100K | 2023 |
| Cristo Rey Hs SacramentoGENERAL SUPPORT | Sacremento, CA | $100K | 2023 |
| Hope Hospice & Comm Serv IncGENERAL SUPPORT | Fort Myers, FL | $100K | 2023 |
| West Chester Food CupboardGENERAL SUPPORT | West Chester, PA | $100K | 2023 |
| Wellspring Living IncGENERAL SUPPORT | Atlanta, GA | $100K | 2023 |
| Project Access IncGENERAL SUPPORT | Orange, CA | $85K | 2023 |
| St Jeanne De Lestonnac Free ClinicGENERAL SUPPORT | Orange, CA | $75K | 2023 |
| Dolores Mission SchoolGENERL SUPPORT | Los Angeles, CA | $72K | 2023 |
| Glynn County - Communities In Schools - Glynn SchoolGENERAL SUPPORT | Brunswick, GA | $67K | 2023 |
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