Clover Foundation
Clover Foundation is a private foundation, based in Minneapolis, MN. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $8K in total assets. In 2025, it awarded 1 grant totaling $500.
Clover Foundation at a glance
In short: Clover Foundation gave $500 across 1 grant in 2025 (avg $500), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $500
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $500
- +0.0% vs 2024
- Median grant
- $500
- Total assets
- $8,235
- +163.1% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Clover Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Art Buddies ($500).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Clover Foundation gives
- In 2025 it paid out 131% 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 2024 to 2025, annual grant giving ranged from $500 (2024) to $500 (2025). In 2025 it made 1 grant totaling $500.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Art Buddies Minneapolis, MN | General Programming | $500 |
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | $8,235 | $5,605 | — | $500 | 1 | $500 | $381 |
| 2024 | $3,130 | $3,630 | $500 | $500 | 1 | $500 | $90 |
Under IRS private-foundation payout rules, Clover Foundation reported a distributable amount of $381 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Clover Foundation is led by Patrick T. Thompson, Chairman Treasurer on every filing since 2024; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Patrick T. Thompson
Chairman Treasurer
On filings since 2024
1 hr/week
No compensation reported
Hayley J. Wender
Vice Chair President
On filings since 2024
0.5 hrs/week
No compensation reported
Rachel Schwartz
Secretary
On filings since 2024
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Brian Jacobson (2024) — Director
Data from IRS Form 990 filings, 2024–2025. "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 Clover Foundation
How much does Clover Foundation give each year?
Clover Foundation gave $500 across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $500 across 1 grant.
How large is Clover Foundation?
Clover Foundation reported $8K in total assets on its 2025 IRS Form 990-PF. It paid out $500 in qualifying distributions that year, against a required minimum of $381 (roughly 5% of its investment assets).
Where does Clover Foundation operate?
Clover Foundation has awarded grants in Minnesota.
What is Clover Foundation's EIN?
Clover Foundation's EIN (Employer Identification Number) is 93-4143342. IRS Form 990 filing data is available on this page for 2024–2025.
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 2024–2025
Live grants for the work Clover Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Clover Foundation's focus areas in our free grants database
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