Clareth Fund the Philadelphia

PHILADELPHIA, PA EIN: 23-2092500

Education Graduate and professional education

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

-2.2% YoY

Avg Grant Size

$6K

+1.9% YoY

Under IRS private-foundation payout rules, Clareth Fund the Philadelphia reported a distributable amount of $254K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Pennsylvania $1.2M (98%)

New York $15K (1%)

Virginia $5K (0%)

States

New York Pennsylvania Virginia

Cities

Pearl RiverPhiladelphiaRosslyn

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include Daniel Van Rooyen ($26,750), Cameron Davis ($21,500), Alexander Gerlach ($19,500).

Recipient	Purpose	Amount
ADRIEN CHEVRIER PHILADELPHIA, PA	TUITION GRANT	$7,500
ALEXANDER GERLACH PHILADELPHIA, PA	TUTION GRANT	$19,500
BRENO OLIVEIRA SALLOUTI PHILADELPHIA, PA	TUITION GRANT	$1,000
CAMERON DAVIS PHILADELPHIA, PA	TUITION GRANT	$21,500
CARLOS TRAPAGA PHILADELPHIA, PA	TUITION GRANT	$3,500
CLAUDIO A ROSALES LACAYO PHILADELPHIA, PA	TUITION GRANT	$4,250
DANIEL VAN ROOYEN PHILADELPHIA, PA	TUTION GRANT	$26,750
DEVANTE HEYWOOD PHILADELPHIA, PA	TUITION GRANT	$14,500
GABRIEL DYSSELL-HOFSINGER PHILADELPHIA, PA	TUITION GRANT	$8,500
GONZALO DE CARDENAS DE DIEGO PHILADELPHIA, PA	TUITION GRANT	$7,000

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

Subject Areas

Focus areas based on grantmaking activity

Education Graduate and professional education

Frequently Asked Questions

What does Clareth Fund the Philadelphia fund?

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.

How do I apply for a grant from Clareth Fund the Philadelphia?

**Grant Amounts:** Typical awards range from $500 to $30,000. **Annual Giving:** The foundation distributed $264,250 in grants based on the most recent available data. **Application Process:** No specific application procedures are documented in available sources.

Where does Clareth Fund the Philadelphia make grants?

The foundation primarily funds organizations in Pennsylvania, with a particular emphasis on the Philadelphia area.

What size grants does Clareth Fund the Philadelphia award?

In 2024, Clareth Fund the Philadelphia awarded 44 grants totaling $264K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Clareth Fund the Philadelphia required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Clareth Fund the Philadelphia reported a distributable amount of $254K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.