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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. Total assets have decreased from $4.4M in 2011 to $3.4M in 2024. The foundation is governed by 5 officers and trustees. 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 2020 to 2024. The foundation primarily funds organizations in California and Pennsylvania. 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.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$64K
Largest Grant
$180K
Based on 3 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.
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 |
| Haley Perkins | Secretary | $0 | $0 | N/A |
| Paris Arey | Director | $0 | $0 | N/A |
| Hansen Perkins | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.4M
Fair Market Value
N/A
Net Worth
$3.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Equal Justice InitiativeContribution to this charity's mission related charitable activities. | Montgomery, AL | $10K | 2020 |
| Planned ParenthoodContribution to this charity's mission related charitable activities. | San Jose, CA | $10K | 2020 |
| AcluContribution to this charity's mission related charitable activities. | New York, NY | $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 |
| Mcf-Community MightcauseContribution to this charity's mission related charitable activities. | Alexandria, VA | $5K | 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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA