Clipper Foundation
To support unique learning opportunities and promote innovative teaching and professional development within the school systems of portsmouth, New Hampshire and surrounding school systems.
Clipper Foundation at a glance
- Total assets
- $1,976,445
- +17.8% vs 2024
- Revenue (2025)
- $52,593
- +7.9% vs 2024
- Net investment income (2025)
- $42,094
- -3.5% vs 2024
- Expenses (2025)
- $829
- -23.0% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Clipper Foundation funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 1 grant totaling $38K.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,976,445 | $52,593 | $829 | — | — | $42,094 |
| 2024 | $1,677,716 | $48,739 | $1,077 | — | — | $43,642 |
| 2023 | $1,481,910 | $53,173 | $7,476 | — | — | $35,184 |
| 2022 | $1,261,027 | $28,277 | $9,514 | — | — | $24,856 |
| 2021 | $1,501,644 | $31,586 | $8,051 | — | — | $26,126 |
| 2020 | $1,295,549 | $36,410 | $43,461 | $37,661 | 1 | $24,426 |
About Clipper Foundation
Based on IRS filings
Clipper Foundation is a public charity focused on Education, based in New Castle, NH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. Net investment income was $42K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Clipper Foundation is led by Lynda Schmidt, President since 2021 (on filings since 2020); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lynda Schmidt
President
Director → President, 2021
On filings since 2020
1 hr/week
No compensation reported
David A. Splaine
Secretary
Director → Secretary, 2025
On filings since 2020
1 hr/week
No compensation reported
Stu Levenson
Vice President
Vice President → Director, 2022
Director → Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Tim Driscoll
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Jessica Blasko
Vice President
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (8)
- Former: Phil Pettis (2020–2024) — Vice President
- Former: Priscilla Coughlin (2020–2024) — Secretary
- Former: Ben Wheeler (2020) — Director
- Former: Dan Hoefle (2020) — Director
- Former: Jane Lannon (2020) — President
- Former: Jeanie Eastman-Ryan (2020) — Director
- Former: Jim Noucas (2020) — Director
- Former: Kevin McCann (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Clipper Foundation
How large is Clipper Foundation?
Clipper Foundation reported $2.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $53K.
What is Clipper Foundation?
Clipper Foundation is a public charity focused on Education, based in New Castle, NH. It holds $2.0M in total assets as of 2025.
Where does Clipper Foundation operate?
Clipper Foundation has awarded grants in New Hampshire.
What is Clipper Foundation's EIN?
Clipper Foundation's EIN (Employer Identification Number) is 27-1296285. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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Clipper Foundation down — hundreds of funders to go?