Clara Inspired
Clara Inspired is a private foundation focused on Medical Research, based in Midlothian, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $59K in total assets. In 2025, it made $324 in qualifying distributions.
Clara Inspired at a glance
- Total assets
- $58,756
- +15.6% vs 2024
- Revenue (2025)
- $9,772
- -31.3% vs 2024
- Qualifying distributions (2025)
- $324
- -94.2% vs 2024
- Expenses (2025)
- $1,864
- -73.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Clara Inspired funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Clara Inspired gives
- Giving fell 83% from 2021 to 2024. Method
- In 2025 it paid out 12% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2024) to $31K (2021). In 2024 it made 1 grant totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| STXBP1 Foundation Holly Springs, NC | General 501(c)(3) purpose of the organization | $5,242 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $58,756 | $9,772 | $1,864 | — | — | $324 | $2,776 |
| 2024 | $50,848 | $14,226 | $6,892 | $5,242 | 1 | $5,566 | $2,324 |
| 2023 | $43,514 | $7,536 | $25,516 | $23,850 | 1 | $24,362 | $2,586 |
| 2022 | $61,494 | $50,180 | $33,094 | $30,000 | 1 | $32,013 | $2,047 |
| 2021 | $44,408 | $33,330 | $33,099 | $31,050 | 2 | $32,135 | $2,568 |
| 2020 | $44,177 | $31,437 | $31,636 | $30,000 | 1 | — | $2,643 |
Under IRS private-foundation payout rules, Clara Inspired reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Clara Inspired's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
John Baum
Director
On filings since 2020
1 hr/week
No compensation reported
Kristen Baum
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Clara Inspired
How large is Clara Inspired?
Clara Inspired reported $59K in total assets on its 2025 IRS Form 990-PF. It paid out $324 in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Clara Inspired?
Clara Inspired is a private foundation focused on Medical Research, based in Midlothian, VA. It holds $59K in total assets as of 2025.
Where does Clara Inspired operate?
Clara Inspired has awarded grants in Illinois, North Carolina, New York.
What is Clara Inspired's EIN?
Clara Inspired's EIN (Employer Identification Number) is 83-3183285. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Clara Inspired funds
Medical Research Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Clara Inspired's focus areas in our free grants database
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