Clc Foundation

HOUSTON, TX EIN: 76-0132112

Clc Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $480K in total assets. In 2024, it awarded 7 grants totaling $24K. Net investment income was $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$480K

+6.3% YoY

Annual Giving

$24K

+11.9% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$3K

-20.1% YoY

Under IRS private-foundation payout rules, Clc Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

About Clc Foundation

Based on IRS filings

Clc Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $480K in total assets. In 2024, it awarded 7 grants totaling $24K. Net investment income was $37K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AlbuquerqueClovisDentonHoustonLas CrucesPortales

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$55K$83K$111K20202021202220232024
Metric202420232022
Total Assets$480,321$451,867$437,528
Revenue$54,674$36,392$41,924
Expenses$24,765$22,317$25,090
Qualifying Distributions$23,500$21,000$23,000
Net Investment Income$37,409$19,075$22,834
Distributable Amount$26,127$22,543$22,190

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$13K$19K$25K6 grants20206 grants20215 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

ST JOHNS SCHOOL$10KNEW MEXICO STATE UNIVERS…$4KNEW MEXICO STATE UNIVERS…$3KTIRR FOUNDATION$2KUNIVERSITY OF NORTH TEXAS$2KEASTERN NM UNIVERSITY$2KUNIVERSITY OF NEW MEXICO…$2K

Grant Size Distribution

29 grants across all recorded years

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Johns School ($10,000), New Mexico State University Foundation ($3,500), New Mexico State University ($3,000).

RecipientPurposeAmount
EASTERN NM UNIVERSITY PORTALES, NMFUND RLC SCHOLARSHIP$1,500
NEW MEXICO STATE UNIVERSITY FOUNDATION LAS CRUCES, NMFUND SCHOLARSHIP AWARDED BY UNIVERSITY$3,500
ST JOHNS SCHOOL HOUSTON, TXFUND DPC AWARD BY SCHOOL$10,000
TIRR FOUNDATION HOUSTON, TXCONTRIBUTION$2,000
UNIVERSITY OF NEW MEXICO STUDENT FINANCIAL AID ALBUQUERQUE, NMFUND RLC SCHOLARSHIPS$1,500
UNIVERSITY OF NORTH TEXAS DENTON, TXFUND SCHOLARSHIP AWARDED BY UNIVERSITY$2,000
NEW MEXICO STATE UNIVERSITY LAS CRUCES, NMFUND RLC SCHOLARSHIP$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MATTHEW J CARTERPRESIDENT0.5
JOHN L CARTERCHAIR, VP, TREASURER1.5
CAROLINE N CARTERSECRETARY0.25
SUSAN CARTER RICHARDSONVP0.25

Frequently Asked Questions

How large is Clc Foundation?

As of 2024, Clc Foundation holds $480K in total assets with $55K in annual revenue. It awarded 7 grants totaling $24K in 2024.

Where does Clc Foundation operate?

Clc Foundation has awarded grants in New Mexico, Texas.

What size grants does Clc Foundation award?

In 2024, Clc Foundation awarded 7 grants totaling $24K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Clc Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Clc Foundation reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Clc Foundation's EIN?

Clc Foundation's EIN (Employer Identification Number) is 76-0132112. IRS Form 990 filing data is available on this page for 2020–2024.

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

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