Clarendon Foundation
- Assets
- $10.0m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 9
- Location
- Sandy, UT
- Founding
- 01/1992
- Data as of
- 12/2023
- EIN
- 54-1589699
Organization Overview
Clarendon Foundation is located in Sandy, UT. The organization was established in 1992. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Clarendon Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clarendon 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 12/2023, Clarendon Foundation generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 6.8% 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 2014, Clarendon Foundation has awarded 98 individual grants totaling $940,216. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTER EDUCATIONAL BROADBAND SPECTRUM UNDER FCC GUIDELINES AND MANDATES. PROVIDE COMMUNICATION TECHNOLOGY AND EDUCATIONAL PROGRAMS TO SCHOOLS, COMMUNITY AND GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BY DELIVERING INNOVATIVE PRINT, DIGITAL, AND VIDEO RESOURCES, WE AIM TO ENRICH LEARNING EXPERIENCES FOR STUDENTS NATIONWIDE AND STRENGTHEN THE TOOLS AVAILABLE TO EDUCATORS, ENSURING EVERY STUDENT HAS THE OPPORTUNITY TO SUCCEED. IN THE PAST FISCAL YEAR, OUR ORGANIZATION FOCUSED ON PRODUCING AND DISTRIBUTING NON-COMMERCIAL CULTURAL AND EDUCATIONAL CONTENT. OUR PLATFORM, LEARNBRIGHT.ORG, HAS BECOME A KEY RESOURCE FOR EDUCATORS, WITH OVER 250,000 K-6 LESSON PLAN DOWNLOADS AND 20 MILLION VIEWS OF OUR EDUCATIONAL VIDEOS NATIONWIDE.
THE CLARENDON FOUNDATION HAS RECEIVED EDUCATIONAL BROADBAND (EBS) LICENSES FROM THE FCC IN 20 U.S. CITIES. IN COMPLIANCE WITH FCC REGULATIONS, WE PROVIDE 2.5 GHZ ADVANCED WIRELESS SERVICES TO ACCREDITED EDUCATIONAL INSTITUTIONS AND GOVERNMENT ORGANIZATIONS. WE COLLABORATE WITH RECEIVE SITE SCHOOLS TO MAXIMIZE THE BENEFITS OF THE EBS PROGRAM, IMPROVING ACCESS TO EDUCATIONAL CONTENT FOR OVER 55,000 STUDENTS AND ENHANCING TEACHING EFFICIENCY. THIS INITIATIVE HAS EXPANDED DIGITAL LEARNING OPPORTUNITIES AND STRENGTHENED CONNECTIVITY IN UNDERSERVED COMMUNITIES.
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 |
|---|---|---|---|
J Evan Jones President | OfficerTrustee | 45 | $221,352 |
Timothy C Jones Vice President | OfficerTrustee | 45 | $167,986 |
Doug Carroll Edd Director | Trustee | 5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,487,236 |
| Investment income | $261,549 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$59,744 |
| Net Gain/Loss on Asset Sales | $1,774,548 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,519,045 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $117,866 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $445,897 |
| Compensation of current officers, directors, key employees. | $81,557 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $408,425 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $52,499 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,442 |
| Fees for services: Accounting | $6,539 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,882 |
| Fees for services: Other | $8,156 |
| Advertising and promotion | $45,487 |
| Office expenses | $8,310 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,278 |
| Travel | $15,727 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $132,172 |
| Insurance | $2,394 |
| All other expenses | $47,248 |
| Total functional expenses | $1,460,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,596 |
| Savings and temporary cash investments | $130,806 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,510 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,881 |
| Net Land, buildings, and equipment | $766,507 |
| Investments—publicly traded securities | $5,841,199 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $470,783 |
| Other assets | $2,468,383 |
| Total assets | $10,001,665 |
| Accounts payable and accrued expenses | $15,901 |
| Grants payable | $0 |
| Deferred revenue | $1,868,540 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $70,981 |
| Total liabilities | $1,955,422 |
| Net assets without donor restrictions | $8,046,243 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,001,665 |
Grants Awarded
Over the last fiscal year, Clarendon Foundation has awarded $82,942 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
UNIV OF ARKANSAS THREE RIVERS PURPOSE: Classroom Support | $15,112 |
FAITH LUTHERAN MIDDLE SCHOOL & HIGH SCHOOL PURPOSE: Classroom Support | $11,500 |
ABILENE ISD PURPOSE: Classroom Support | $5,100 |
UNIVERSITY OF FAIRBANKS PURPOSE: Classroom Support | $5,700 |
GRACE CHRISTIAN SCHOOL PURPOSE: Classroom Support | $5,400 |
ALL SAINTS CATHOLIC SCHOOL PURPOSE: Classroom Support | $7,860 |