The Clark Family Foundation
- Assets
- $812.7k
- Revenue
- $83.7k
- Investments
- $710.1k
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 12/1996
- Data as of
- 12/2022
- EIN
- 06-1463529
Organization Overview
The Clark Family Foundation is located in St Petersburg, FL. The organization was established in 1996. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clark Family 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, Clark Family Foundation generated $83.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $102.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Clark Family Foundation has awarded 19 individual grants totaling $131,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Grace President, Treasurer | 10 | $7,200 | |
Jesse Clarke III Director | 10 | $2,000 | |
Curtis Clarke Director | 10 | $2,000 | |
Judd Clarke Director | 10 | $2,000 | |
E Clark Grace Director | 10 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,288 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,417 |
| Capital Gain Net Income | $61,417 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $83,705 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $411 |
| Depreciation | $456 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,164 |
| Printing and publications | $0 |
| Other expenses | $18,841 |
| Total operating and administrative expenses | $40,707 |
| Contributions, gifts, grants paid | $62,000 |
| Total expenses and disbursements | $102,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $102,352 |
| 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 | $198,168 |
| Net Land, buildings, and equipment | $318 |
| Other assets | $0 |
| Total assets | $812,725 |
| 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, The Clark Family Foundation has awarded $62,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA SHERIFFS YOUTH RANCHES PURPOSE: GENERAL | $50,000 |
SUNCOAST SCIENCE CENTER PURPOSE: GENERAL | $6,000 |
THE TWIG PURPOSE: GENERAL | $6,000 |