Claws Foundation
- Assets
- $9.9m
- Revenue
- $10.6m
- Investments
- $4.1m
- Employees
- 0
- Location
- Reston, VA
- Founding
- 12/2004
- Data as of
- 12/2022
- EIN
- 20-1658710
Organization Overview
Claws Foundation is located in Reston, VA. The organization was established in 2004. 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. Claws 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 12/2022, Claws Foundation generated $10.6m 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 (9.9%) each year. All expenses for the organization totaled $37.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Claws Foundation has awarded 245 individual grants totaling $233,716,080. 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 |
|---|---|---|---|
Alan P Dye Director | 1 | $0 | |
Arthur Dantchik Director | 1 | $0 | |
Jeff Yass Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $142,202 |
| Interest on Savings | $0 |
| Dividends & Interest | $623,976 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,845,946 |
| Capital Gain Net Income | $9,845,946 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,612,124 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $159,673 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $163,971 |
| Contributions, gifts, grants paid | $37,601,000 |
| Total expenses and disbursements | $37,764,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,771,555 |
| Savings and temporary cash investments | $0 |
| 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 | $50 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,902,387 |
| 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, Claws Foundation has awarded $37,601,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR DECISION EDUCATION PURPOSE: GENERAL SUPPORT | $1,000,000 |
AMERICAN FRIENDS OF HEBREW UNIVERSITY PURPOSE: GENERAL SUPPORT | $500,000 |
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: GENERAL SUPPORT | $1,900,000 |
DIA ART FOUNDATION PURPOSE: GENERAL SUPPORT | $1,500,000 |
FIDELITY CHARITABLE PURPOSE: GENERAL SUPPORT | $5,700,000 |
FRANKLIN INSTITUTE PURPOSE: GENERAL SUPPORT | $100,000 |