Clearlake Impact Initiative Inc
Clearlake Impact Initiative Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA MONICA, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $118K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+7.5% YoY
Annual Giving
$118K
-47.3% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$17K
-47.3% YoY
Under IRS private-foundation payout rules, Clearlake Impact Initiative Inc reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
About Clearlake Impact Initiative Inc
Based on IRS filings
Clearlake Impact Initiative Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA MONICA, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $118K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,347,018 | $1,253,420 | $251,787 |
| Revenue | $325,000 | $1,225,000 | $25,336 |
| Expenses | $226,920 | $228,152 | $39,935 |
| Qualifying Distributions | $226,920 | $228,152 | $39,935 |
| Net Investment Income | — | — | — |
| Distributable Amount | $61,011 | $55,784 | $10,859 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Robert A Toigo Foundation ($50,000), The Posse Foundation Inc ($25,000), Yes We Can World Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| New York - Nasp Foundation Inc SAINT ALBANS, NY | Diamond Sponsorship | $7,500 |
| BEST BUDDIES INTERNATIONAL INC miami, FL | champion campaign | $5,000 |
| Yes We Can World Foundation BURBANK, CA | general operating support | $10,000 |
| Robert A Toigo Foundation Oakland, CA | general operating support | $50,000 |
| Los Angeles Center of Photography LOS ANGELES, CA | general operating support | $10,000 |
| The Posse Foundation Inc NEW YORK, NY | general operating support | $25,000 |
| independent School Alliance for minority affairs culver city, CA | general operating support | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSE E FELICIANO | DIRECTOR/CO-PRESIDENT | 1 | — |
| BEHDAD EGHBALI | DIRECTOR/CO-PRESIDENT | 1 | — |
| FRED EBRAHEMI | DIRECTOR/COO/SECRETARY | 1 | — |
| PEDRO URRUTIA | DIRECTOR/CFO/TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Clearlake Impact Initiative Inc?
Clearlake Impact Initiative Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA MONICA, CA. It holds $1.3M in total assets as of 2024.
How large is Clearlake Impact Initiative Inc?
As of 2024, Clearlake Impact Initiative Inc holds $1.3M in total assets with $325K in annual revenue. It awarded 7 grants totaling $118K in 2024.
Where does Clearlake Impact Initiative Inc operate?
Clearlake Impact Initiative Inc has awarded grants in California, Florida, New York.
What size grants does Clearlake Impact Initiative Inc award?
In 2024, Clearlake Impact Initiative Inc awarded 7 grants totaling $118K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Clearlake Impact Initiative Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Clearlake Impact Initiative Inc reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Clearlake Impact Initiative Inc's EIN?
Clearlake Impact Initiative Inc's EIN (Employer Identification Number) is 87-1877400. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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