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.
Ready to take the next step with Clara Inspired?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
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.
Grant Insights
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%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- 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.
Here's the math on researching Clara Inspired by hand.
Explore Open Grants
Browse active grant opportunities in Clara Inspired's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The James Family Charitable
Charlottesville, VA
The James Family Charitable supports families in need and grants to charitable, educational, cultural, environmental, and other organizations. Its 2024 grants ranged from $500 to $7.325 million, with a median of $20,000; most funding went to Pennsylvania, followed by New York. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$223.2M
Grants
83
Total Given
$10.8M
Reynolds American Foundation
Winston-Salem, NC
Assets
$56.0M
Grants
280
Total Given
$3.5M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research in mathematics and the basic sciences, as well as autism and other disease research, through grants to research centers, universities, and related organizations. In 2024, grants ranged from $1,480 to $20 million, with a median of $72,000; funding is concentrated in New York, California, and Massachusetts, with awards also made elsewhere in the U.S. and internationally. Whether it accepts unsolicited requests is not stated.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
The David and Lucile Packard Foundation
Los Altos, CA
The David and Lucile Packard Foundation funds charitable organizations working on just societies, healthy families and communities, and a healthy natural world, including climate solutions, ocean conservation, and science. Its 2024 grants had a median of $150,000, and half of grant dollars went to California recipients. It accepts unsolicited requests, but less than 1% of its grants come from them.
Assets
$8.5B
Grants
1,029
Total Given
$350.0M
The Loring Wolcott & Coolidge Charitable
Boston, MA
The Loring Wolcott & Coolidge Charitable supports 501(c)(3) organizations across varied causes, including animal welfare, education, hunger relief, humanitarian work, and conservation. Its 2025 grants ranged from $5,500 to $190,000, with a median of $11,000; Massachusetts received the largest share, though grants also went to organizations in other states. The profile does not state whether it accepts unsolicited requests.
Assets
—
Grants
162
Total Given
$3.5M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health-access initiatives for disproportionately affected populations, including cancer, blood disorders, brain health, and clinical-trial participation, in the United States and internationally. In 2024, its median grant was $134,090, though awards varied widely; it says application materials are available upon request and advises organizations to contact it about the process, but does not state whether unsolicited requests are accepted.
Assets
$83.3M
Grants
144
Total Given
$67.7M
The Howard and Nikki Applebaum
Chino Hills, CA
The foundation supports medical research and services, animal welfare, Jewish causes, education, youth services, and other charitable work, primarily in California. Its 2025 grants ranged from $100 to $123,500, with a median of $3,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$10.8M
Grants
81
Total Given
$704K
Jack Kent Cooke Foundation
Lansdowne, VA
The Jack Kent Cooke Foundation funds education for exceptionally promising students with financial need, through student scholarships and grants to organizations serving them. Its 2025 grants ranged from $6 to $515,000, with a median of $7,702; 86% of grant dollars went to Virginia recipients, with others across multiple states and Washington, D.C. The available information does not state whether it accepts unsolicited organizational requests.
Assets
$940.1M
Grants
1,419
Total Given
$25.1M
Donors Trust Inc
Alexandria, VA
Donors Trust supports charities and programs in social welfare, health, the environment, economics, governance, foreign relations, and arts and culture, with a strong emphasis on conservative and libertarian policy and education groups. Its 2024 grants had a median of $50,000, though awards ranged from $5,038 to $35 million, and recipients were concentrated in Washington, D.C., Virginia, New York, Texas, and California. It does not accept unsolicited requests; donor-advisors recommend grants through their accounts.
Assets
$1.4B
Grants
919
Total Given
$282.1M
The Community Foundation Inc
Richmond, VA
The Community Foundation funds health and wellness, education, economic prosperity, and community vibrancy, as well as other causes through donor-advised and field-of-interest funds. Its 2024 grants had a median of $25,000, with awards ranging from $5,100 to $1.795 million; most funding went to Virginia, especially the Richmond area. The profile does not state whether it accepts unsolicited requests.
Assets
$852.4M
Grants
917
Total Given
$61.8M
America's Charities
Chantilly, VA
America’s Charities distributes workplace-giving contributions to member nonprofits working in areas such as education, health, hunger, human rights, and disaster relief; it also manages emergency assistance for eligible employees. In 2024, reported grants ranged from $5,017 to $1,379,226, with a median of $9,674, and recipients were concentrated in California, Virginia, D.C., Maryland, and Pennsylvania. These disbursements are donor-directed contributions rather than competitive grants; the profile does not state whether unsolicited requests are accepted.
Assets
$36.2M
Grants
808
Total Given
$16.4M
More Funders in Virginia
Clara Inspired down — hundreds of funders to go?