Nathan M Clark Foundation
- Assets
- $9.6m
- Revenue
- $148.4k
- Investments
- $8.8m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2004
- Data as of
- 12/2023
- EIN
- 20-1201954
Organization Overview
Nathan M Clark Foundation is located in Wilmington, DE. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Nathan M 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.
Since 2014, Nathan M Clark Foundation has awarded 48 individual grants totaling $2,688,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah C Gould Director | 1 | $0 | |
Benjamin Lovell Director | 1 | $0 | |
Jan Clark Director | 1 | $0 | |
Mary Gould Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $273,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$125,054 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $148,428 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,944 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,181 |
| Total operating and administrative expenses | $83,095 |
| Contributions, gifts, grants paid | $550,000 |
| Total expenses and disbursements | $633,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $784,331 |
| 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 | $8,800,918 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,585,249 |
| 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, Nathan M Clark Foundation has awarded $550,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN DANCE FESTIVAL INC PURPOSE: ADF RECRUITMENT | $100,000 |
TODMORDEN FOUNDATION PURPOSE: AFFORDABLE HOUSING FOR | $250,000 |
WILMINGTON FRIENDS SCHOOL PURPOSE: SPEAKER SERIES | $35,000 |
DELAWARE ART MUSEUM PURPOSE: DELART A BOLD MUSEUM FOR | $100,000 |
WILMINGTON BALLET ACADEMY PURPOSE: PROGRAMMING AND SCHOLARSHIP | $30,000 |
UNIVERSITY OF THE ARTS PURPOSE: SCHOOL OF DANCE | $35,000 |