Real Clear Foundation

Organization Overview

Real Clear Foundation is located in Northbrook, IL. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Clear 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 03/2022, Real Clear Foundation generated $3.6m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $5.3m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE PAGE 2.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REALCLEARINVESTIGATIONS FOCUSES ON INVESTIGATIVE REPORTING WITH A MISSION TO PRODUCE AND CURATE THE BEST INVESTIGATIVE REPORTING FOUND ANYWHERE.


REALCLEARSCIENCE, REALCLEARENERGY, REALCLEARPOLICY AND REALCLEARHISTORY FOCUSES ON CONTENT CREATION AND AGGREGATION IN THESE CORE SUBJECT AREAS.


GRANT TO SUPPORT RESPONSIBLE JOURNALISM WITH THE INTEREST OF EDUCATING THE PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
David Desrosiers
Chairman, President And Secretary
$170,000
John Mcintyre
Treasurer
$90,000
Andrew Walworth
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,713,035
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,713,035
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$99,034
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,614,001

Grants Recieved

Over the last fiscal year, we have identified 22 grants that Real Clear Foundation has recieved totaling $3,493,050.

Awarding OrganizationAmount
Donors Trust Inc

Alexandria, VA

PURPOSE: for general operations

$1,730,000
Donors Trust Inc

Alexandria, VA

PURPOSE: for the American Civics program/RealClear Investigations/Real Clear Wire Syndication

$500,000
Searle Freedom Trust

Madison, WI

PURPOSE: JOURNALISM

$400,000
Sarah Scaife Foundation Inc

Pittsburgh, PA

PURPOSE: REAL CLEAR INVESTIGATIONS AND WIRE

$200,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$170,350
Allegheny Foundation

Pittsburgh, PA

PURPOSE: PROGRAM SUPPORT

$150,000
View Grant Recipient Profile

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