Clover Foundation Inc
- Assets
- $290.5k
- Revenue
- $64.3k
- Investments
- $237.3k
- Employees
- 0
- Location
- Bogart, GA
- Founding
- 09/2012
- Data as of
- 12/2023
- EIN
- 45-3819691
Organization Overview
Clover Foundation Inc is located in Bogart, GA. The organization was established in 2012. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clover Foundation Inc 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 12/2023, Clover Foundation Inc generated $64.3k in total revenue. All expenses for the organization totaled $71.2k during the year ending 12/2023. While expenses have increased by 17.9% per year over the past 9 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 2017, Clover Foundation Inc has awarded 45 individual grants totaling $170,805. 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 |
|---|---|---|---|
Robert Scott CEO | 0.5 | $0 | |
Cindy Scott Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $2,738 |
| Dividends & Interest | $8,124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,425 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,287 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,113 |
| Contributions, gifts, grants paid | $70,075 |
| Total expenses and disbursements | $71,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,227 |
| 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 | $237,303 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $290,530 |
| 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, Clover Foundation Inc has awarded $70,075 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
AFP PURPOSE: GENERAL FUNDS | $250 |
ALZHEIMERS ASSOC PURPOSE: GENERAL FUNDS | $105 |
CAMP GLISSON PURPOSE: GENERAL FUNDS | $6,600 |
ATHENS RECOVERY WARRIORS PURPOSE: GENERAL FUNDS | $1,000 |
CATO INSTITUTE PURPOSE: GENERAL FUNDS | $400 |
CHILDFUND INTERNATIONAL PURPOSE: GENERAL FUNDS | $420 |