The Edna Mcconnell Clark Foundation

The Edna Mcconnell Clark Foundation Overview

The Edna Mcconnell Clark Foundation is located in New York, NY. The organization was established in 1969. 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 09/2020, Edna Mcconnell Clark Foundation generated $41.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (28.0%) each year. All expenses for the organization totaled $456.4m during the year ending 09/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Edna Mcconnell Clark Foundation has awarded 33 individual grants totaling $182,833,371. 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

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES FOR GRANTEE TECHNICAL ASSISTANCE IN THE AREAS OF PROGRAM MANAGEMENT, PROGRAM EVALUATION, AND COMMUNICATIONS ($97,666).COSTS ASSOCIATED WITH THE PERIODIC GATHERINGS WHICH EMPHASIZE PEER LEARNING AND ORGANIZATIONAL DEVELOPMENT FOR FOUNDATION GRANTEES' SENIOR TEAMS, BOARD MEMBERS, FOUNDATION STAKEHOLDERS AND GRANTEE COINVESTORS FOR THE PROPELNEXT PROGRAM ($1,789,000).


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The Edna Mcconnell Clark Foundation Vendors

Vendor Name (Service)Compensation
Learning For Action
$1,657,000
Pacific Investment Management Co
$779,147
Investure Llc
$646,359
Eric Brown Brownbridge Strategies
$121,146
Hatcher Group
$135,514
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $600,000
Interest on Savings $0
Dividends & Interest $15,604,311
Net Rental Income$0
Net Gain on Sale of Assets $25,133,025
Capital Gain Net Income $29,997,522
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,462
Total Revenue $41,338,798

The Edna Mcconnell Clark Foundation Grants Awarded

Over the last fiscal year, The Edna Mcconnell Clark Foundation has awarded $182,833,371 in support to 33 organizations.

Grant RecipientAmount

BLUE MERIDIAN PARTNERS INC

Org PageRecipient Profile

New York, NY

PURPOSE: GRANT PAYMENTS TO BMP FOR GENERAL OPERATIONS

$70,703,371

THE BRIDGESPAN GROUP INC

Org PageRecipient Profile

Boston, MA

PURPOSE: BRIDGESPAN INSTITUTE RESTRICTED FUND

$20,000,000

HARLEM CHILDREN'S ZONE

Org PageRecipient Profile

New York, NY

PURPOSE: 10 YEAR STRATEGIC PLAN SUPPORT

$20,000,000

NURSE FAMILY PARTNERSHIP

Org PageRecipient Profile

Denver, CO

PURPOSE: FINAL GRANT TO NFP SUPPORTING PHASE II OF THE ORGANIZATION'S VISION TO SCALE PLAN.

$15,000,000

NURSE FAMILY PARTNERSHIP

Org PageRecipient Profile

Denver, CO

PURPOSE: FINAL GRANT TO NFP SUPPORTING PHASE II OF THE ORGANIZATION'S VISION TO SCALE PLAN.

$12,500,000

CENTER FOR EMPLOYMENT OPPORTUNITIES

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT CEO'S CURRENT STRATEGIC PLAN

$6,000,000
View Grant Profile

The Edna Mcconnell Clark Foundation Peer Organizations

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