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The Clara Fund is a private corporation based in PORTOLA VALLY, CA. The foundation received its IRS ruling in 2003. The principal officer is % Lorene Arey. It holds total assets of $3.4M. Annual income is reported at $939K. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Clara Fund has made 18 grants totaling $841K, with a median grant of $10K. Annual giving has decreased from $208K in 2020 to $121K in 2023. Grantmaking activity was highest in 2022 with $512K distributed across 4 grants. Individual grants have ranged from $1K to $250K, with an average award of $47K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Pennsylvania, California, New York, which account for 78% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
The Clara Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in PA, CA, NY.
The Clara Fund has distributed a total of $841K across 18 grants. The median grant size is $10K, with an average of $47K. Individual grants have ranged from $1K to $250K.
The Clara Fund typically selects its grantees rather than accepting unsolicited proposals.
The Clara Fund is headquartered in PORTOLA VALLY, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lorene Arey | President | $18K | $0 | $18K |
| Holly Kjos | Director | $15K | $0 | $15K |
| Paris Arey | Director | $0 | $0 | $0 |
| Hansen Perkins | Director | $0 | $0 | $0 |
| Haley Perkins | Secretary | $0 | $0 | $0 |
Total Giving
$260K
Total Assets
$3.7M
Fair Market Value
$4.1M
Net Worth
$3.7M
Grants Paid
$121K
Contributions
$0
Net Investment Income
$35K
Distribution Amount
$196K
Total: $3M
Total Grants
18
Total Giving
$841K
Average Grant
$47K
Median Grant
$10K
Unique Recipients
15
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Philanthropy Workshop WestContribution to this charity's mission related charitable activities. | Menlo Park, CA | $100K | 2023 |
| Wildlife Conservation NetworkContribution to this charity's mission related charitable activities. | Los Altos, CA | $20K | 2023 |
| Lucile Packard FoundationContribution to the Children's Fund of a charity dedicated to children's health. | Palo Alto, CA | $1K | 2023 |
| B LabContribution to this charity's mission related charitable activities. | Berwyn, PA | $250K | 2022 |
| Mce Social CapitalContribution to this charity's mission related charitable activities. |
| San Francisco, CA |
| $6K |
| 2022 |
| AcluContribution to this charity's mission related charitable activities. | New York, NY | $10K | 2020 |
| Planned ParenthoodContribution to this charity's mission related charitable activities. | San Jose, CA | $10K | 2020 |
| Equal Justice InitiativeContribution to this charity's mission related charitable activities. | Montgomery, AL | $10K | 2020 |
| Naacp Empowerment ProgramContribution to this charity's mission related charitable activities. | Baltimore, MD | $10K | 2020 |
| Legal Defense Education FundContribution to this charity's mission related charitable activities. | New York, NY | $10K | 2020 |
| Clean Air Task ForceContribution to this charity's mission related charitable activities. | Boston, MA | $10K | 2020 |
| Count Me InContribution helping to advance the economic lives of women by assisting them in obtaining business loans. | New York, NY | $8K | 2020 |
| Media MattersContribution to this charity's mission related charitable activities. | San Francisco, CA | $5K | 2020 |
| Girls Inc Of Alameda CountyContribution to this charity's mission related charitable activities. | Oakland, CA | $5K | 2020 |
| Mcf-Community MightcauseContribution to this charity's mission related charitable activities. | Alexandria, VA | $5K | 2020 |
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