Jeniam Clarkson Foundation
- Assets
- $24.2m
- Revenue
- $1.9m
- Investments
- $22.7m
- Employees
- 0
- Location
- Newtown, CT
- Founding
- 02/1993
- Data as of
- 12/2022
- EIN
- 62-1516244
Organization Overview
Jeniam Clarkson Foundation is located in Newtown, CT. The organization was established in 1993. 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. Jeniam Clarkson 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, Jeniam Clarkson Foundation generated $1.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 4 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 2020, Jeniam Clarkson Foundation has awarded 162 individual grants totaling $3,945,706. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hugh Killin III Executive Director | 40 | $140,575 | |
Carole G Clarkson Trustee | 1 | $0 | |
William Clarkson Trustee | 1 | $0 | |
Jennifer Clarkson Killin Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $384,620 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,424,598 |
| Capital Gain Net Income | $1,422,825 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $70,615 |
| Total Revenue | $1,879,833 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $140,575 |
| Other employee salaries and wages | $14,989 |
| Pension plans, employee benefits | $36,190 |
| Interest | $27,661 |
| Taxes | $172,642 |
| Depreciation | $0 |
| Occupancy | $4,896 |
| Travel, conferences, and meetings | $2,426 |
| Printing and publications | $0 |
| Other expenses | $377,375 |
| Total operating and administrative expenses | $811,223 |
| Contributions, gifts, grants paid | $1,389,020 |
| Total expenses and disbursements | $2,200,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,826 |
| Savings and temporary cash investments | $19,846 |
| Net Accounts receivable | $1,250,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $10,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $22,656,668 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,193,484 |
| 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, Jeniam Clarkson Foundation has awarded $1,389,020 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL HUMANE NEW MEXICO PURPOSE: SAFETY NET PROGRAM, PET HEALTH FAIRS | $68,500 |
AMERICAN BIRD CONSERVANCY PURPOSE: SETTING UP PRIVATE INVESTMENTS IN CONSERVATION STRATEGIES #2 | $50,000 |
ARTS COUNCIL OF GREAT NEW HAVEN PURPOSE: REIMAGINING NEW HAVEN IN THE ERA OF CLIMATE CHANGE | $5,000 |
BECAUSE 4 PAWS PURPOSE: GENERAL SUPPORT, VETERINARY EXPENSES | $10,000 |
AUDUBON CONNECTICUT PURPOSE: VOLUNTEER COORDINATOR, COASTAL RANGERS | $106,000 |
BEST FRIENDS ANIMAL SOCIETY PURPOSE: NETWORK STRATEGIES FY22, NEW STRATEGY DEVELOPMENT FOR FL | $135,000 |