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
Ready to take the next step with Clearlake Impact Initiative Inc?
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
Browse active grant opportunities in Clearlake Impact Initiative Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
California Community Foundation
LOS ANGELES, CA
Assets
$2.2B
Grants
2,025
Total Given
$272.6M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
The Chicago Community Trust
CHICAGO, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
The Goldman Sachs Charitable Gift Fund
NEW YORK, NY
Assets
$518.0M
Grants
2,485
Total Given
$212.1M
Boston Foundation Inc
BOSTON, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
The Ayco Charitable Foundation
COHOES, NY
Assets
$1.2B
Grants
4,719
Total Given
$287.7M
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
WK Kellogg Foundation
BATTLE CREEK, MI
Assets
$454.4M
Grants
1,778
Total Given
$286.5M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Clearlake Impact Initiative Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities