Willis W & Ethel M Clark Foundation is located in Royal Oaks, CA. The organization was established in 1955. 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. Willis W & Ethel 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.
For the year ending 06/2023, Willis W & Ethel M Clark Foundation generated $17.6k 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 (4.9%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Willis W & Ethel M Clark Foundation has awarded 32 individual grants totaling $270,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GRANTS TO LOCAL COMMUNITY ORGANIZATIONS, MADE CRITICALLY IMPORTANT IN LIGHT OF THE COVID-19 PANDEMIC CRISIS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia E Duran President | 0 | $0 | |
David C Wilsey Secretary/treasurer | 0 | $0 | |
Timothy C Duran Director | 0 | $0 | |
Mary Adams Director | 0 | $0 | |
Ellen Haley Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $21,446 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,903 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,553 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $421 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48 |
| Total operating and administrative expenses | $11,199 |
| Contributions, gifts, grants paid | $1,066,839 |
| Total expenses and disbursements | $1,078,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Willis W & Ethel M Clark Foundation has awarded $50,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE ON AGING PURPOSE: PROVIDE SENIOR SERVICES AND PROGRAMS TO LOCAL COMMUNITY | $10,000 |
COMMUNITY FOUNDATION FOR MONTEREY COUNTY - CENTER FOR NONPROFIT EXCELLENCE PURPOSE: HELP NONPROFITS BECOME MORE RESILIENT AND EQUITABLE | $15,000 |
CENTRAL COAST VISITING NURSES ASSOCIATION PURPOSE: PROVIDE HEALTH SERVICES AND HOME HEALTH CARE TO LOCAL COMMUNITY | $10,000 |
MEALS ON WHEELS OF MONTEREY PENINSULA PURPOSE: PROVIDE HEALTHY MEALS TO SENIORS AND HOMEBOUND INDIVIDUALS | $15,000 |