Clare Rose Foundation Inc
- Assets
- $0.0
- Revenue
- -$2.3m
- Investments
- $3.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2014
- Data as of
- 12/2020
- EIN
- 06-1480029
Organization Overview
Clare Rose Foundation Inc is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clare Rose Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Clare Rose Foundation Inc has awarded 129 individual grants totaling $2,662,651. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATIVE YOUTH DEVELOPMENT INITIATIVE: EDUCATING/ADVOCATING FOR CREATIVE YOUTH DEV LOCALLY CONNECTING SAN DIEGO TO OTHER EFFORTS NATIONALLY & SERVING TO SPUR INNOVATION REGIONALLY
FIELDSTONE LEADERSHIP NETWORK:STRENGTHEN NONPROFIT COMMUNITY BY PROVIDING CONTINUUM OF PRGMS TO DEVELOP EXEC LEADERSHIP, INCREASE AGNCY CAPACITY & SUSTAIN A COLLABRTVE, VIBRANT NTWK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Matthew D'arrigo 0 | 40 | $150,000 | |
Ms Katherine Lorge 0 | 30 | $62,833 | |
Edward Vincent Dir | 1 | $0 | |
William Vincent Dir | 1 | $0 | |
Anne Vincent Pres | 25 | $0 | |
Elise Furer Dir, Sec | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Janine Mason | 12/30/21 | $195,606 |
Hightower Advisors | 12/30/21 | $120,970 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,313 |
| Interest on Savings | $3,497 |
| Dividends & Interest | $121,360 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,069 |
| Total Revenue | -$2,259,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $17,384 |
| Depreciation | $0 |
| Occupancy | $10,676 |
| Travel, conferences, and meetings | $8,446 |
| Printing and publications | $139 |
| Total operating and administrative expenses | $743,277 |
| Contributions, gifts, grants paid | $599,501 |
| Total expenses and disbursements | $1,342,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $275,051 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $189,206 |
Grants Awarded
Over the last fiscal year, Clare Rose Foundation Inc has awarded $797,900 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA PURPOSE: GENERAL & UNRESTRICTED | $200,000 |
CENTER FOR HOPE AND STRENGTH INC PURPOSE: GENERAL & UNRESTRICTED | $100,000 |
New York, NY PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
Bainbridge Island, WA PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
GIRLS ON THE RUN OF SAN DIEGO PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
FRIENDSHIP SHELTER INC PURPOSE: THE CLARE ROSE SABBATICAL FUND | $42,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |