Clemens Foundation

Organization Overview

Clemens Foundation is located in Alsea, OR. The organization was established in 1961. 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. Clemens 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 12/2021, Clemens Foundation generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $445
Dividends & Interest $479,345
Net Rental Income$0
Net Gain on Sale of Assets $2,078,105
Capital Gain Net Income $2,078,105
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $7,178
Total Revenue $2,565,073

Grants Awarded

Over the last fiscal year, Clemens Foundation has awarded $2,038,904 in support to 2 organizations.

Grant RecipientAmount

COLLEGE TUITION SCHOLARSHIP GRANTS - DETAILS AVAILABLE UPON REQUEST

PURPOSE: SCHOLARSHIPS

$2,031,204

PEACE LUTHERAN CHURCH

Org PageRecipient Profile

Philomath, OR

PURPOSE: EDUCATION

$7,700
View Grant Profile

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