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Robert & Lottie Clark Charitable Trust is a private trust based in MARQUETTE, MI. The foundation received its IRS ruling in 2002. The principal officer is Northern Michigan Bank & Trust. It holds total assets of $287K. Annual income is reported at $32K. Total assets have decreased from $432K in 2011 to $273K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Michigan. According to available records, Robert & Lottie Clark Charitable Trust has made 16 grants totaling $145K, with a median grant of $5K. Annual giving has decreased from $21K in 2020 to $7K in 2023. Grantmaking activity was highest in 2022 with $97K distributed across 4 grants. Individual grants have ranged from $2K to $24K, with an average award of $9K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Robert & Lottie Clark Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MI.
Robert & Lottie Clark Charitable Trust has distributed a total of $145K across 16 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $2K to $24K.
Robert & Lottie Clark Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Robert & Lottie Clark Charitable Trust is headquartered in MARQUETTE, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Bank Upper Michigan | TRUSTEE | $3K | $0 | $3K |
Total Giving
$11K
Total Assets
$273K
Fair Market Value
$323K
Net Worth
$273K
Grants Paid
$7K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$15K
Total: $127K
Total Grants
16
Total Giving
$145K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchDONATION | Marquette, MI | $2K | 2023 |
| Marquette Area Public SchoolsEXPANDING POSSIBILITIES PROGRAM | Marquette, MI | $2K | 2023 |
| The Nature ConservancyFOR UPPER PENINSULA | Marquette, MI | $2K | 2023 |
| Marquette Community FoundationDONATION | Marquette, MI | $2K | 2023 |