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.

For the year ending 12/2019, Clark Foundation generated $16.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $38.1m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Clark Foundation has awarded 655 individual grants totaling $148,619,023. 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 990PF Filing

TAX YEAR

2019

Describe the Organization's Program Activity:

Part 3 - Line 4a

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
$4,813,800
William H Lane Inc
$1,000,087
Rose And Kiernan
$623,711
Mirabito Fuel Group
$354,733
Leatherstocking Corp
$245,376
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,125
Interest on Savings $0
Dividends & Interest $4,413,174
Net Rental Income$63,922
Net Gain on Sale of Assets $237,511
Capital Gain Net Income $3,051,176
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $11,862,657
Total Revenue $16,578,389

Grants Awarded

Over the last fiscal year, Clark Foundation has awarded $29,554,547 in support to 125 organizations.

Grant RecipientAmount

CLARK FOUNDATION SCHOLARSHIP PROGRAM

PURPOSE: SCHOLARSHIPS

$4,018,608

YMCA OF GREATER NEW YORK

PURPOSE: GENERAL SUPPORT

$600,000

FRIENDS COUNCIL ON EDUCATION

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: GENERAL SUPPORT

$595,781

Brooklyn, NY

PURPOSE: GENERAL SUPPORT

$525,000

THE CLARA WELCH THANKSGIVING HOME

Org PageRecipient Profile

Cooperstown, NY

PURPOSE: GENERAL SUPPORT

$500,000

THE CLARA WELCH THANKSGIVING HOME

Org PageRecipient Profile

Cooperstown, NY

PURPOSE: GENERAL SUPPORT

$500,000
View Grant Profile

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