Clavel Charitable Foundation

Private foundation · Grantmaker Pennington, NJ EIN: 30-6633444

Clavel Charitable Foundation is a private foundation, based in Pennington, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 2 grants totaling $56K. Net investment income was $101K.

Clavel Charitable Foundation at a glance

In short: Clavel Charitable Foundation gave $56K across 2 grants in 2024 (avg $28K), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$56,058
+26.1% vs 2023
Grants made (2024)
2
+0.0% vs 2023
Average grant
$28,029
+26.1% vs 2023
Median grant
$28,029
Total assets
$1,355,401
+2.1% vs 2023
Primary geography
New York (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Clavel Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Julliard School: $31KJulliard School$31KManhattan School of Music: $25KManhattan School of Music$25K

The largest 2024 recipient was Julliard School ($31K). Together the top 2 received $56K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

New YorkNew York City

How Clavel Charitable Foundation gives

  • In 2024 it paid out 91% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2019 0 grants2020 0 grants2021 2 grants2022 2 grants2023 2 grants2024

From 2022 to 2024, annual grant giving ranged from $38K (2022) to $56K (2024). In 2024 it made 2 grants totaling $56K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Julliard School New York, NYGeneral Purposes$31,058
Manhattan School of Music New York, NYGeneral Operating$25,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,355,401$111,356$83,219$56,0582$72,639$101,240$79,961
2023$1,327,127$55,886$70,873$44,4602$60,831$45,495$72,429
2022$1,342,248$67,294$80,987$38,0722$68,203$57,550$74,591
2021$1,355,801$150,691$38,794——$27,764$140,195$83,329
2020$1,244,412$70,352$36,358———$61,809$67,968
2019$1,209,309$57,796$55,411———$48,494$65,312

Under IRS private-foundation payout rules, Clavel Charitable Foundation reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Clavel Charitable Foundation's only listed officer is Bank Of America N A, Trustee on every filing since 2019 (compensated).

Officers on the 2024 filing

  • Bank Of America N A

    Trustee

    On filings since 2019

    2 hrs/week

    $19K (2019) → $23K (2024)

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Bank of America N a — Trustee: $23KBank of America N aTrustee$23K

The highest reported compensation on the 2024 filing was $23K, to Bank of America N a (Trustee).

Frequently asked questions about Clavel Charitable Foundation

How much does Clavel Charitable Foundation give each year?

Clavel Charitable Foundation gave $56K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $44K across 2 grants.

How large is Clavel Charitable Foundation?

Clavel Charitable Foundation reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $80K (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.

Where does Clavel Charitable Foundation operate?

Clavel Charitable Foundation has awarded grants in New York.

What is Clavel Charitable Foundation's EIN?

Clavel Charitable Foundation's EIN (Employer Identification Number) is 30-6633444. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 30, 2020)
  2. IRS filings on file for fiscal years 2019–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Clavel Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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