Willis W & Ethel M Clark Foundation is located in Royal Oaks, CA. The organization was established in 1955. 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. Willis W & Ethel M Clark 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 06/2023, Willis W & Ethel M Clark Foundation generated $17.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Willis W & Ethel M Clark Foundation has awarded 32 individual grants totaling $270,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GRANTS TO LOCAL COMMUNITY ORGANIZATIONS, MADE CRITICALLY IMPORTANT IN LIGHT OF THE COVID-19 PANDEMIC CRISIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia E Duran President | 0 | $0 | |
David C Wilsey Secretary/treasurer | 0 | $0 | |
Timothy C Duran Director | 0 | $0 | |
Mary Adams Director | 0 | $0 | |
Ellen Haley Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $10 |
Dividends & Interest | $21,446 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$3,903 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $17,553 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $421 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $48 |
Total operating and administrative expenses | $11,199 |
Contributions, gifts, grants paid | $1,066,839 |
Total expenses and disbursements | $1,078,038 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
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 |
Over the last fiscal year, Willis W & Ethel M Clark Foundation has awarded $50,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
ALLIANCE ON AGING PURPOSE: PROVIDE SENIOR SERVICES AND PROGRAMS TO LOCAL COMMUNITY | $10,000 |
COMMUNITY FOUNDATION FOR MONTEREY COUNTY - CENTER FOR NONPROFIT EXCELLENCE PURPOSE: HELP NONPROFITS BECOME MORE RESILIENT AND EQUITABLE | $15,000 |
CENTRAL COAST VISITING NURSES ASSOCIATION PURPOSE: PROVIDE HEALTH SERVICES AND HOME HEALTH CARE TO LOCAL COMMUNITY | $10,000 |
MEALS ON WHEELS OF MONTEREY PENINSULA PURPOSE: PROVIDE HEALTHY MEALS TO SENIORS AND HOMEBOUND INDIVIDUALS | $15,000 |