Clara Inspired

Private foundation · Grantmaker Midlothian, VA EIN: 83-3183285

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.

Key facts about Clara Inspired

EIN
83-3183285
Latest 990 filing
Form 990-PF, 2025
Total assets
$58,756

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$59K

+15.6% YoY

Revenue

$10K

-31.3% YoY

Qualifying Distributions

$324

-94.2% YoY

Expenses

$2K

-73.0% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

New YorkHolly SpringsElk Grove Village

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K1 grant2020 2 grants2021 1 grant2022 1 grant2023 1 grant2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $5K (2024) to $31K (2021). In 2024 it made 1 grant totaling $5K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$20K$40K$60K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$58,756$50,848$43,514
Revenue$9,772$14,226$7,536
Expenses$1,864$6,892$25,516
Qualifying Distributions$324$5,566$24,362
Distributable Amount$2,776$2,324$2,586

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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.

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