Clarfeld Family Foundation
- Assets
- $3.9m
- Revenue
- $159.8k
- Investments
- $3.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 82-2595170
Organization Overview
Clarfeld Family Foundation is located in Wilmington, DE. The organization was established in 2018. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clarfeld Family 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, Clarfeld Family Foundation generated $159.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $408.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Clarfeld Family Foundation has awarded 18 individual grants totaling $560,900. 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 |
|---|---|---|---|
Laurence A Clarfeld Dir, VP | 1 | $0 | |
Robert A Clarfeld Dir, Pres | 1 | $0 | |
Kristen C Clarfeld Dir, Sec, Treas | 1 | $0 | |
Richard T Suarez Vp, Dir | 1 | $0 | |
Robert A Varriano Dir, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $516 |
| Dividends & Interest | $138,512 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,726 |
| Capital Gain Net Income | $20,726 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $159,754 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,502 |
| Total operating and administrative expenses | $13,647 |
| Contributions, gifts, grants paid | $394,500 |
| Total expenses and disbursements | $408,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $183,407 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,922,824 |
| 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, Clarfeld Family Foundation has awarded $394,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: ENDOWMENT FUND | $200,000 |
CHAPEL HAVEN SCHLEIFER CENTER PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
SMITHSONIAN INSTITUTION PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
Pittsfield, MA PURPOSE: UKRAINE FUND | $40,000 |
ACCESS PSYCHOLOGY FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Pittsfield, MA PURPOSE: UKRAINE FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amvets National Service Foundation Lanham, MD | $29,048,509 | $19,126,894 |
Bit Holdings Seventy-Two Inc Baltimore, MD | $135,867,464 | $3,149,490 |
Pittsburgh Leadership Fund Oakmont, PA | $0 | $249,472 |
Clarfeld Family Foundation Wilmington, DE | $3,922,824 | $159,754 |
Wlvt Re Inc Bethlehem, PA | $11,227,340 | $240,000 |
Operation Troop Appreciation Mckeesport, PA | $317,888 | $572,487 |
Friends Of Vfw Post No 6076 Myerstown, PA | $122,582 | $343,864 |
Elisabeth S Prentiss Fbo Board Of Foreign Missions Of The Presbytech Pittsburgh, PA | $3,141,798 | $191,622 |
World At Ease Inc Silver Spring, MD | $72,242 | $195,176 |
Dog Tags And Tails Inc Bel Air, MD | $2,006 | $0 |
Newark Partnership Inc Newark, DE | $200,796 | $0 |
Schwemm Family Foundation Rockville, MD | $1,784,453 | $154,179 |