Bill and Gigi Clements Foundation
The Bill and Gigi Clements Foundation, also known as the William Perry Clements III Foundation, is a private independent foundation established in 2002 and based in San Antonio, Texas. The foundation operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.0M
-18.2% YoY
Annual Giving
$2.6M
+2.8% YoY
Grant Count
11
+10.0% YoY
Avg Grant Size
$234K
-6.5% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation has demonstrated particular interest in supporting Episcopal schools and human services organizations.
Grantmaking
The foundation primarily funds unrestricted use grants to its grantees.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends across multiple states, with primary focus areas including:
- Texas
- District of Columbia
- North Carolina
The foundation also holds mineral rights interests in Texas, with documented holdings in Smith County and Tyler County.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Assets: $9,962,864
- Total Giving: $2,575,836
- Revenue: $1.11 million
Prior Year Data (2023):
- Total Assets: $12,177,410
- Total Revenues: $3,303,838
- Total Expenses: $3,182,905
- Investment Income and Dividends: $153,545
Contact Information:
- Address: 15727 Anthem Parkway, Suite 304, San Antonio, TX 78249-4163
- Telephone: 903-530-0658
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,962,864 | $12,177,410 | $12,550,360 |
| Revenue | $1,111,499 | $3,303,838 | $4,091,221 |
| Expenses | $3,143,169 | $3,182,905 | $3,975,381 |
| Qualifying Distributions | $2,575,836 | $2,505,328 | $2,150,828 |
| Net Investment Income | $622,335 | $2,639,731 | $2,275,461 |
| Distributable Amount | $788,011 | $718,975 | $850,904 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and Trustees:
- William P. Clements III - President
- Georgia M. Clements - Vice President
- Lorin Runnels - Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM P CLEMENTS III | PRESIDENT/SE | 1 | — |
| GEORGIA M CLEMENTS | VICE PRESIDE | 1 | — |
| LORIN RUNNELS | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in supporting educational initiatives and charitable causes. Recent grantmaking reflects the foundation's commitment to supporting organizations across education, arts, and human services sectors.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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