Gertler Clark Foundation Inc is located in Weston, MA. The organization was established in 1947. 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. Gertler Clark 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.
For the year ending 06/2024, Gertler Clark Foundation Inc generated $459.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $205.8k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Gertler Clark Foundation Inc has awarded 170 individual grants totaling $811,800. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane R Clark MD President, Executive Direc | 21 | $57,250 | |
Clark Chessin Gertler Vice President | 4 | $0 | |
Charles Garrison Gertler Treasurer | 1 | $0 | |
Jonathan P Gertler MD Secretary | 3 | $0 | |
Roger D Kamm PHD Board Member | 0.5 | $0 | |
William R Gertler Board Member | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $680 |
| Dividends & Interest | $177,911 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $281,218 |
| Capital Gain Net Income | $281,218 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $459,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,250 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,204 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,056 |
| Printing and publications | $0 |
| Other expenses | $5,924 |
| Total operating and administrative expenses | $131,379 |
| Contributions, gifts, grants paid | $74,389 |
| Total expenses and disbursements | $205,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $290,093 |
| 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 | $1,288,070 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,711,263 |
| 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 |
Over the last fiscal year, Gertler Clark Foundation Inc has awarded $74,389 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICANS FOR OXFORD PURPOSE: ALLOCATE TO ST CATHERINE'S COLLEGE | $1,000 |
ART WELLESLEY INC PURPOSE: GENERAL | $500 |
BELMONT HILL SCHOOL PURPOSE: GENERAL | $1,000 |
BOSTON MEDICAL CENTER PURPOSE: WINTER WALK | $300 |
BUZZARD'S BAY COALITION PURPOSE: GENERAL | $5,500 |
COMMUNITIES FOR RESTORATIVE JUSTICE PURPOSE: GENERAL | $1,500 |