Clark Foundation

Organization Overview

Clark Foundation is located in New York, NY. The organization was established in 1932. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Clark Foundation 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 12/2021, Clark Foundation generated $14.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $37.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Clark Foundation has awarded 872 individual grants totaling $207,736,067. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

CLARK SPORTS CENTER


SCHOLARSHIP DIRECT PROGRAM EXPENSES


OTHER COMMUNITY ACTIVITIES


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Clark Estates Inc
$5,064,945
Jc Van Der Spek Greenhouse Services
$223,800
Mirabito Fuel Group
$344,412
Leatherstocking Corp
$280,629
Rose And Kiernan
$662,119
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $300
Interest on Savings $0
Dividends & Interest $1,147,909
Net Rental Income$79,609
Net Gain on Sale of Assets -$7,019
Capital Gain Net Income $77,308,987
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $13,061,012
Total Revenue $14,281,811

Grants Awarded

Over the last fiscal year, Clark Foundation has awarded $32,407,618 in support to 126 organizations.

Grant RecipientAmount

THE CLARK FOUNDATION SCHOLARSHIP PROGRAM

PURPOSE: SCHOLARSHIPS

$3,922,268

THE MARY IMOGENE BASSETT HOSPITAL

Org PageRecipient Profile

Cooperstown, NY

PURPOSE: CAPITAL SUPPORT

$3,593,604

THE CLARA WELCH THANKSGIVING HOME

Org PageRecipient Profile

Cooperstown, NY

PURPOSE: GENERAL SUPPORT

$1,700,000

THE MARY IMOGENE BASSETT HOSPITAL

Org PageRecipient Profile

Cooperstown, NY

PURPOSE: CONSTRUCTION GRANT

$1,406,396

UNCOMMON SCHOOLS INC

PURPOSE: GENERAL SUPPORT FOR NYC SCHOOLS

$450,000

NEW VISIONS FOR PUBLIC SCHOOLS

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$450,000
View Grant Profile

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