Clermont Foundation
- Assets
- $0.0
- Revenue
- $1.1m
- Investments
- $4.6m
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 03/1994
- Data as of
- 12/2020
- EIN
- 22-3177379
Organization Overview
Clermont Foundation is located in Lexington, MA. The organization was established in 1994. 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. Clermont 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 12/2020, Clermont Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $550.2k during the year ending 12/2020. While expenses have increased by 6.9% per year over the past 6 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.
Since 2014, Clermont Foundation has awarded 583 individual grants totaling $3,594,146. 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 |
|---|---|---|---|
Martha H Keith Trustee | 0.5 | $0 | |
Garnett L Keith Jr Trustee | 0 | $0 | |
Geoffrey L Keith Trustee | 0.5 | $0 | |
Suzanne K Colon Trustee | 0 | $0 | |
Susanne Morel Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $482,819 |
| Interest on Savings | $1,596 |
| Dividends & Interest | $144,701 |
| Profit on Inventory Sales | $0 |
| Other Income | $77,515 |
| Total Revenue | $1,124,950 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $37,171 |
| Contributions, gifts, grants paid | $513,000 |
| Total expenses and disbursements | $550,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,766 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,635,792 |
| Other assets | $2,300,332 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Clermont Foundation has awarded $595,550 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
Decatur, GA PURPOSE: EDUCATION | $50,000 |
Cambridge, MA PURPOSE: SOCIAL SERVICE | $35,000 |
Cambridge, MA PURPOSE: COMMUNITY | $35,000 |
New York, NY PURPOSE: HEALTH, MEDICAL | $25,000 |
PLANNED PARENTHOOLD FEDERATION OF AMERICA PURPOSE: HEALTH, MEDICAL | $22,000 |
Atlanta, GA PURPOSE: EDUCATION | $20,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |
Cohen Veterans Network Inc Stamford, CT | $21,771,420 | $47,396,071 |