Clifton Foundation

WACO, TX EIN: 74-2832766

Clifton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 45 grants totaling $123K. Net investment income was $171K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

+8.4% YoY

Annual Giving

$123K

-29.9% YoY

Grant Count

45

-2.2% YoY

Avg Grant Size

$3K

-28.3% YoY

About Clifton Foundation

Based on IRS filings

Clifton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 45 grants totaling $123K. Net investment income was $171K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

AustinCambridgeChapel HillColumbiaCulverDallasDurhamElm MottFort WorthHillsdaleHoustonLos AngelesLynchburgMabankMemphisMidlandOklahoma CityRochesterWacoWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$174K$261K$347K20202021202220232024
Metric202420232022
Total Assets$3,703,282$3,416,906$3,439,333
Revenue$315,895$179,728$232,039
Expenses$202,011$260,891$189,774
Qualifying Distributions$129,142$181,038$119,480
Net Investment Income$170,739$44,038$90,659
Distributable Amount$158,992$152,767$150,265

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$88K$132K$176K47 grants202047 grants202142 grants202246 grants202345 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CARITAS OF WACO$21KCULVER EDUCATIONAL FOUND…$10KWACO CHAMBER FOUNDATION$9KTHE GREATER WACO UNITED …$6KUNITED WAY OF WACO-MCLEN…$6KVANGUARD FOUNDATION$6KCENTRAL TEXAS SENIOR MIN…$5KDR PEPPER MUSEUM AND FRE…$5KTHE TEXAS TRIBUNE$5KTHE WACO FOUNDATION$5K

Grant Size Distribution

227 grants across all recorded years

226<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JAMES R CLIFTONPRESIDENT$12KWILLIAM L CLIFTON JRV/P$12KDAVID NEMECSEC/TREAS$12K

From 2024 filing

NameTitleHoursCompensation
JAMES R CLIFTONPRESIDENT5$12,018
WILLIAM L CLIFTON JRV/P5$12,018
DAVID NEMECSEC/TREAS5$12,018

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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