Clareth Fund the Philadelphia
Clareth Fund the Philadelphia Association of Zeta Psi Fraternity is a private foundation based in Philadelphia, Pennsylvania. The organization is affiliated with Zeta Psi Fraternity and operates as an independent foundation under Section 501(c)(3).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
-3.8% YoY
Annual Giving
$264K
-0.4% YoY
Grant Count
44
-2.2% YoY
Avg Grant Size
$6K
+1.9% YoY
Mission & Focus Areas
The foundation's grant-making priorities focus on:
- Education
- Student Services
- Student Sororities & Fraternities
The foundation primarily directs funding toward organizations and initiatives in Pennsylvania.
Grantmaking
How to Apply
** No specific application procedures are documented in available sources.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Pennsylvania, with a particular emphasis on the Philadelphia area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $4,937,400 (as of end of year 2023)
Total Annual Giving: $264,250
Employer Identification Number (EIN): 23-2092500
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,755,899 | $4,944,494 | $4,714,901 |
| Revenue | $129,896 | $558,587 | $195,396 |
| Expenses | $318,491 | $328,994 | $368,872 |
| Qualifying Distributions | $283,210 | $280,916 | $319,466 |
| Net Investment Income | $97,089 | $504,842 | $154,027 |
| Distributable Amount | $254,285 | $235,774 | $247,739 |
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
229 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROSS PEET | VICE PRESIDENT | 1 | — |
| GREGORY E MCELROY | TREASURER | 3 | — |
| WALTER DOUGLAS | PRESIDENT | 1 | — |
| BENJAMIN FOGEL | SECRETARY | 1 | — |
Contact Information
Address: Duane Morris LLP, 30 South 17th Street, Philadelphia, PA 19103-4196
Telephone: (914) 582-6466
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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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