Clearlake Impact Initiative Inc
Clearlake Impact Initiative Inc is a private foundation, 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.
Clearlake Impact Initiative Inc at a glance
In short: Clearlake Impact Initiative Inc gave $118K across 7 grants in 2024 (avg $17K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $117,500
- -47.3% vs 2023
- Grants made (2024)
- 7
- +0.0% vs 2023
- Average grant
- $16,786
- -47.3% vs 2023
- Median grant
- $10,000
- Total assets
- $1,347,018
- +7.5% vs 2023
- Primary geography
- California (68% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Clearlake Impact Initiative Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Robert A Toigo Foundation ($50K). Together the top 7 received $118K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 13 grants of 16 (81%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Clearlake Impact Initiative Inc gives
- In 2024 it paid out 372% of its IRS minimum distribution (the 5% rule). 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
From 2022 to 2024, annual grant giving ranged from $15K (2022) to $223K (2023). In 2024 it made 7 grants totaling $118K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Robert A Toigo Foundation Oakland, CA | general operating support | $50,000 |
| The Posse Foundation Inc New York, NY | general operating support | $25,000 |
| Yes We Can World Foundation Burbank, CA | general operating support | $10,000 |
| Los Angeles Center of Photography Los Angeles, CA | general operating support | $10,000 |
| independent School Alliance for minority affairs Culver City, CA | general operating support | $10,000 |
| New York - Nasp Foundation Inc Saint Albans, NY | Diamond Sponsorship | $7,500 |
| Best Buddies International Inc Miami, FL | champion campaign | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $1,347,018 | $325,000 | $226,920 | $117,500 | 7 | $226,920 | $61,011 |
| 2023 | $1,253,420 | $1,225,000 | $228,152 | $223,000 | 7 | $228,152 | $55,784 |
| 2022 | $251,787 | $25,336 | $39,935 | $15,336 | 2 | $39,935 | $10,859 |
| 2021 | $266,043 | $275,000 | $8,957 | — | — | $8,957 | $5,505 |
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.
Leadership & Key People
Officers and directors from IRS filings
Clearlake Impact Initiative Inc is led by Behdad Eghbali, Director & Co-President on every filing since 2021; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Behdad Eghbali
Director & Co-President
On filings since 2021
1 hr/week
No compensation reported
Jose E. Feliciano
Director & Co-President
On filings since 2021
1 hr/week
No compensation reported
Fred Ebrahemi
Director, COO & Secretary
On filings since 2021
1 hr/week
No compensation reported
Pedro Urrutia
Director, CFO & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Clearlake Impact Initiative Inc
How much does Clearlake Impact Initiative Inc give each year?
Clearlake Impact Initiative Inc gave $118K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $223K across 7 grants.
What is Clearlake Impact Initiative Inc's typical grant size?
Clearlake Impact Initiative Inc's median grant in 2024 was $10,000, and its average grant was $16,786, across 7 grants on its 2024 IRS Form 990-PF.
Where does Clearlake Impact Initiative Inc give grants?
Clearlake Impact Initiative Inc gives mostly in California: 68% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (28%).
Does Clearlake Impact Initiative Inc give general operating support?
Yes: 71% of Clearlake Impact Initiative Inc's 2024 grants with a stated purpose (5 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Clearlake Impact Initiative Inc's largest grantees?
Clearlake Impact Initiative Inc's largest 2024 grantees include Robert A Toigo Foundation ($50,000), The Posse Foundation Inc ($25,000) and Yes We Can World Foundation ($10,000), according to its 2024 IRS Form 990-PF. Together they received 72% of its itemized 2024 grant dollars.
How large is Clearlake Impact Initiative Inc?
Clearlake Impact Initiative Inc reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $227K in qualifying distributions that year, against a required minimum of $61K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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