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Also known as: Family Foundation Inc
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Martin Fillmore Clark Sr Family Foundation Inc. is a private corporation based in STUART, VA. The foundation received its IRS ruling in 2011. The principal officer is Martin Clark Jr. It holds total assets of $2.2M. Annual income is reported at $519K. Total assets have grown from $1.8M in 2011 to $2.2M in 2023. The foundation is governed by 2 officers and trustees. Individuals - Christmas bonuses for principals and custodians. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Virginia and North Carolina. According to available records, Martin Fillmore Clark Sr Family Foundation Inc. has made 15 grants totaling $319K, with a median grant of $13K. Annual giving has grown from $131K in 2020 to $189K in 2022. Individual grants have ranged from $5K to $55K, with an average award of $21K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Virginia and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$9K
Average Grant
$19K
Largest Grant
$55K
Based on 7 grants from the most recent 990-PF filing.
Patrick County, VA Boosters - provided funding for field house
Expenses: $55K
Patrick County VA students - various education programs and assistance
Expenses: $16K
Provided funds to various Patrick County individuals and businesses to relieve COVID 19 issues
Expenses: $8K
Provided funds for Patrick County Chamber of Commerce staff Christmas bonuses
Expenses: $5K
Individuals - Christmas bonuses for principals and custodians. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in VA, NC.
Martin Fillmore Clark Sr Family Foundation Inc. has distributed a total of $319K across 15 grants. The median grant size is $13K, with an average of $21K. Individual grants have ranged from $5K to $55K.
Martin Fillmore Clark Sr Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Martin Fillmore Clark Sr Family Foundation Inc. is headquartered in STUART, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Edwin Gendron Jr | Director | $10K | $7K | $17K |
| Martin F Clark | President | $10K | $13K | $23K |
Total Giving
$144K
Total Assets
$2.2M
Fair Market Value
$2.4M
Net Worth
$2.2M
Grants Paid
$92K
Contributions
N/A
Net Investment Income
$72K
Distribution Amount
$118K
Total: $1.6M
Total Grants
15
Total Giving
$319K
Average Grant
$21K
Median Grant
$13K
Unique Recipients
10
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Other Local Charities And IndividualsFunds provided to assist with Athletic programs, bonuses, Ukraine funds, tuition, and other miscellaneous items | Stuart, VA | $40K | 2022 |
| Individuals - Christmas Bonuses For Principals And CustodiansProvided funds to Individuals - Christmas bonuses for principals and custodians | Stuart, VA | $32K | 2022 |
| Patrick County - Funds For SpayingneuteringProvided funds for spaying and neutering | Stuart, VA | $13K | 2022 |
| Patrick County - Individuals For Medical ExpensesTo provide funds for medical expenses for individuals | Stuart, VA | $10K | 2022 |
| Patrick County High School BoostersTo provide funds for boosters' field house. | Stuart, VA | $55K | 2020 |
| Winston Salem Christian SchoolProvided funds to assist local youth with education expenses | Winstonsalem, NC | $10K | 2020 |
| Ferrum CollegeProvided funds to assist local youth with college expenses | Ferrum, VA | $9K | 2020 |
| Denzel AnthonyFunds provided to assist with student loans | Stuart, VA | $5K | 2020 |
| Patrick County Chamber Of CommerceProvided funds for staff Christmas bonuses | Stuart, VA | $5K | 2020 |
| Patrick County High School Girls BasketballProvided funds to support girls basketball program | Stuart, VA | $5K | 2020 |