Clark Charitable Foundation Inc
Clark Charitable Foundation Inc, doing business as A James & Alice B Clark Foundation, is a private foundation incorporated in Maryland in 1987. Based in Chevy Chase, Maryland, the foundation operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking across multiple focus areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$447.1M
-9.1% YoY
Annual Giving
$187.0M
+63.5% YoY
Grant Count
137
-18.0% YoY
Avg Grant Size
$1.4M
+99.3% YoY
Under IRS private-foundation payout rules, Clark Charitable Foundation Inc reported a distributable amount of $21.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to ensure that individuals and families have access to the opportunities, support, and resources that enable them to reach their full potential.
The foundation directs its grantmaking through four primary focus areas:
- Engineering — Supporting the education of future engineering leaders through scholarships and educational initiatives
- Washington, DC Education — Investing in educational opportunities for DC students from birth through graduation
- Washington, DC Community Giving — Supporting community-based organizations and residents across the DC area
- Veterans Support — Serving the nation's veterans through reintegration and support programs
Grantmaking
The foundation is an active grantmaker with significant annual giving. Recent grant activity shows:
Grant Range
** $5,000 to $23,000,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in the District of Columbia, Maryland, and Virginia, with particular emphasis on the Washington, DC metropolitan area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $447,106,891
- Total revenue: $148,003,694
- Total expenses: $192,803,977
- Total liabilities: $0
As of 2023:
- Total assets: $491,907,174
- Total revenue: $12,133,652
- Total expenses: $119,418,266
- Total giving: $118,556,989
- Giving rate: 21.7% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $447,106,891 | $491,907,174 | $599,191,788 |
| Revenue | $148,003,694 | $12,133,652 | $327,374,822 |
| Expenses | $192,803,977 | $119,418,266 | $149,311,827 |
| Qualifying Distributions | $206,703,507 | $118,556,989 | $148,565,299 |
| Net Investment Income | $19,361,016 | $14,452,728 | $5,707,028 |
| Distributable Amount | $21,703,394 | $25,994,211 | $24,049,298 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Georgetown University ($5,000,000), Catholic Charities of the Archdiocese of Washington Inc ($4,100,000), Georgetown University ($4,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACADEMY ART MUSEUM INC EASTON, MD | GENERAL OPERATING SUPPORT OF ART PROGRAMS | $25,000 |
| ACADEMY OF THE HOLY CROSS INC KENSINGTON, MD | STUDENT SCHOLARSHIPS | $500,000 |
| ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC CHICAGO, IL | GENERAL OPERATING SUPPORT OF HEALTH PROGRAMS | $5,000 |
| ARCHBISHOP CARROLL HIGH SCHOOL WASHINGTON, DC | STUDENT SCHOLARSHIPS | $500,000 |
| BISHOP MCNAMARA HIGH SCHOOL FORESTVILLE, MD | STUDENT SCHOLARSHIPS | $1,000,000 |
| BOYS & GIRLS CLUBS OF GREATER WASHINGTON INC WASHINGTON, DC | GENERAL OPERATING SUPPORT OF YOUTH PROGRAMS | $7,500 |
| BROOKLYN KINDERGARTEN SOCIETY BROOKLYN, NY | SUPPORT OF SENSORY GYM STAFF | $100,000 |
| CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON INC WASHINGTON, DC | SUPPORT OF THE NEWCOMER NETWORK | $4,100,000 |
| CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON INC WASHINGTON, DC | GENERAL OPERATING SUPPORT OF SOCIAL SERVICES PROGRAMS | $260,000 |
| CENTER CITY PUBLIC CHARTER SCHOOLS WASHINGTON, DC | SUPPORT FOR STEAM EDUCATION PROGRAMS | $100,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Joseph del Guercio — President and Chief Executive Officer
- Courtney Clark Pastrick — Board Chair and Director
- Robert J Flanagan — Director
The foundation maintains a staff of 10 employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COURTNEY C PASTRICK | DIRECTOR | 2 | — |
| ROBERT J FLANAGAN | DIRECTOR | 2 | — |
| JOSEPH DEL GUERCIO | PRESIDENT & CEO | 35 | $558,229 |
Recent News & Activity
Recent developments and announcements
The foundation is in the final phase of a planned 10-year spend-down period (2016–2025), during which it has invested more than $1.4 billion to support its mission areas.
Clark Foundation Invests $51.7M to Support Engineering Scholarships, Programming**Engineering Initiatives:** The foundation invested $329 million to establish and support the A. James Clark Scholars Program, which serves 475 scholars annually across 11 universities in perpetuity.
A. James & Alice B. Clark Foundation gives additional $11 million for engineering**DC Initiatives:** The foundation invested $455 million in the DC area, supporting over 200 organizations focused on improving health outcomes, strengthening community-based organizations, and supporting student achievement.
A. James & Alice B. Clark Foundation gives additional $11 million for engineering**Recent Grant Announcements:**
Additional $11 million investment in engineering scholarships (2026)
A. James & Alice B. Clark Foundation gives additional $11 million for engineering$51.7 million investment in engineering scholarships and programming
A. James & Alice B. Clark Foundation gives additional $11 million for engineering$5 million donation to Children of Fallen Patriots Foundation
A. James & Alice B. Clark Foundation gives additional $11 million for engineering$4.2 million donation to Operation Homefront for veterans housing programs
The A. James & Alice B. Clark Foundation Donates $4.2 Million to OperationSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Clark Charitable Foundation Inc fund?
The foundation's mission is to ensure that individuals and families have access to the opportunities, support, and resources that enable them to reach their full potential. The foundation directs its grantmaking through four primary focus areas: 1. **Engineering** — Supporting the education of future engineering leaders through scholarships and educational initiatives 2. **Washington, DC Education** — Investing in educational opportunities for DC students from birth through graduation 3. **Wash…
How do I apply for a grant from Clark Charitable Foundation Inc?
The foundation is an active grantmaker with significant annual giving. Recent grant activity shows: • **Total giving (2024):** $187,000,631 • **Total giving (2023):** $118,556,989 • **Grant range:** $5,000 to $23,000,000 • **Median grant amount:** $150,000–$181,250 • **Number of grants:** Approximately 150–175 grants annually **Application Policy:** The foundation does not accept unsolicited applications and operates on an invite-only basis. **Notable Recent Grants (2024):** • University of Mar…
Where does Clark Charitable Foundation Inc make grants?
The foundation primarily funds organizations in the District of Columbia, Maryland, and Virginia, with particular emphasis on the Washington, DC metropolitan area.
What size grants does Clark Charitable Foundation Inc award?
In 2024, Clark Charitable Foundation Inc awarded 137 grants totaling $187.0M — an average of about $1.4M per grant, based on its IRS Form 990 filings.
How much is Clark Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Clark Charitable Foundation Inc reported a distributable amount of $21.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Clark Charitable Foundation Inc's EIN?
Clark Charitable Foundation Inc's EIN (Employer Identification Number) is 52-1512330. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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