Susanna Porter & James Clark Giving Fund
- Assets
- $8.2m
- Revenue
- $486.0k
- Investments
- $2.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 00/0000
- Data as of
- 06/2024
- EIN
- 13-3489504
Organization Overview
Susanna Porter & James Clark Giving Fund is located in New York, NY. The organization was established in 0000. 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. Susanna Porter & James Clark Giving Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Susanna Porter & James Clark Giving Fund generated $486.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $358.0k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Susanna Porter & James Clark Giving Fund has awarded 405 individual grants totaling $1,784,514. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAKES GRANTS AND CONTRIBUTIONS TO PRE-SELECTED 501(C)(3) ORGANIZATIONS. SEE PART XV FOR THE LIST OF GRANTS MADE DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James M Clark Jr President | 0.75 | $0 | |
Susanna L Porter Vice President/treasurer | 0 | $0 | |
Alexandra P Clark Director | 0 | $0 | |
Lansing P Clark Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $287,915 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $198,085 |
| Capital Gain Net Income | $198,085 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $486,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,699 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $587 |
| Total operating and administrative expenses | $14,488 |
| Contributions, gifts, grants paid | $343,527 |
| Total expenses and disbursements | $358,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,841 |
| Savings and temporary cash investments | $5,362,175 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,217,399 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Susanna Porter & James Clark Giving Fund has awarded $343,527 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
CARNEGIE HALL CORPORATION PURPOSE: PRIVATE FOUNDATION | $5,500 |
FIDELITY CHARITABLE GIFT FUND PURPOSE: CHARITABLE-DONOR ADVISED FUND | $200,000 |
ISLAND HOUSING TRUST PURPOSE: PRIVATE FOUNDATION | $10,000 |
HOUSE OF SPEAKEASY PURPOSE: ARTS | $10,000 |
MAINE PUBLIC RADIO PURPOSE: PUBLIC BROADCASTING | $505 |
METROPOLITAN MUSEUM OF ART PURPOSE: ARTS | $210 |