Clifford and LaVonne Graese Foundation

YULEE, FL EIN: 13-3388411

The Clifford and LaVonne Graese Foundation is a private foundation based in Yulee, Florida. Established in March 1987, it operates as a 501(c)(3) tax-exempt organization and provides charitable grants to nonprofit organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.1M

-1.5% YoY

Annual Giving

$1.2M

+69.7% YoY

Grant Count

+11.5% YoY

Avg Grant Size

$42K

+52.1% YoY

Under IRS private-foundation payout rules, Clifford and LaVonne Graese Foundation reported a distributable amount of $756K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation makes charitable grants to qualified nonprofit organizations. Recent grant activity includes:

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Geographic Focus

Where this funder awards grants

The foundation has demonstrated grantmaking activity in the Midwest and Southeast regions, with grants awarded to organizations in South Dakota, Iowa, and Florida.

Grant Distribution by State

Florida $1.8M (33%)

Illinois $1.3M (24%)

South Dakota $1.1M (21%)

Iowa $352K (7%)

California $320K (6%)

New York $145K (3%)

Virginia $80K (2%)

Massachusetts $75K (1%)

+5 more states

States

California Colorado Florida Iowa Illinois Massachusetts North Carolina New York Ohio Oregon South Dakota Tennessee Virginia

Cities

AddisonChicagoDenverDurhamGenevaGlen EllynInvernessJacksonvilleLawrenceLongwoodLos AngelesMaple ParkMattapoisettMonticelloMountain ViewNorfolkOrlandoOxfordRapid CitySherman Oaks

Financial History

Multi-year comparison from IRS filings

As of the most recent tax filing (2023):

Total Assets: $9.22 million
Total Liabilities: $0
Annual Revenue: $553,168
Annual Expenses: $782,000

The foundation maintains a substantial asset base relative to its annual spending, indicating capacity for significant grantmaking activity.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,080,665	$9,218,235	$9,447,502
Revenue	$1,157,792	$553,168	$473,282
Expenses	$1,295,362	$782,435	$1,137,569
Qualifying Distributions	$1,230,000	$725,000	$1,066,031
Net Investment Income	$1,105,212	$505,497	$426,697
Distributable Amount	$755,552	$680,240	$722,520

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

169 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Special Olympics of South Dakota ($195,000), Black Hills Works Foundation ($150,000), Shriners Children's Chicago ($120,000).

Recipient	Purpose	Amount
All Hands and Hearts Mattapoisett, MA	Charitable	$45,000
Black Hills Works Foundation Rapid City, SD	Charitable	$150,000
Bridge Communities Glen Ellyn, IL	Charitable	$50,000
Camp Courageous Monticello, IA	Charitable	$25,000
Coral Restoration Foundation Tavernier, FL	Charitable	$10,000
Divers Alert Network Durham, NC	Charitable	$10,000
Dr Phillips Center for Performing Arts Orlando, FL	Charitable	$25,000
Experimental Station Chicago, IL	Charitable	$50,000
Groundwork Jacksonville Inc Jacksonville, FL	Charitable	$40,000
Harbor House of Central Florida Orlando, FL	Charitable	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Diane Graese	President/Treasurer/Dir	2	—
Sally Daugherty	VP/Director	1	—
Larry Graese	VP Director	1	—
Susan Alfirevic	Chairman, Sec,Dir	1	—

Frequently Asked Questions

How do I apply for a grant from Clifford and LaVonne Graese Foundation?

The foundation makes charitable grants to qualified nonprofit organizations. Recent grant activity includes: • **Special Olympics South Dakota**: $195,000 (2024-12 tax period) for charitable purposes • **Midwest Honor Flight - Ia and SD**: $60,000 (2024-12 tax period) for charitable purposes The foundation appears to support organizations across multiple states, with documented grants to organizations in South Dakota and Iowa.

Where does Clifford and LaVonne Graese Foundation make grants?

The foundation has demonstrated grantmaking activity in the Midwest and Southeast regions, with grants awarded to organizations in South Dakota, Iowa, and Florida.

What size grants does Clifford and LaVonne Graese Foundation award?

In 2024, Clifford and LaVonne Graese Foundation awarded 29 grants totaling $1.2M — an average of about $42K per grant, based on its IRS Form 990 filings.

How much is Clifford and LaVonne Graese Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Clifford and LaVonne Graese Foundation reported a distributable amount of $756K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Clifford and LaVonne Graese Foundation's EIN?

Clifford and LaVonne Graese Foundation's EIN (Employer Identification Number) is 13-3388411. IRS Form 990 filing data is available on this page for 2020–2024.