Clover Foundation
Clover Foundation is a 501(c)(3) private foundation based in New York, NY, established in September 1985. The organization operates as a grantmaking foundation with significant assets and a focus on philanthropic activities across multiple regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$130.8M
+7.4% YoY
Annual Giving
$3.0M
+41.2% YoY
Grant Count
8
+100.0% YoY
Avg Grant Size
$379K
-29.4% YoY
Under IRS private-foundation payout rules, Clover Foundation reported a distributable amount of $4.8M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Clover Foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Private Grantmaking
- Social Science Research
- Public Policy
Grantmaking
The foundation maintains an active grantmaking program, though specific application processes and deadlines are not detailed in available sources.
Review Cycle
are not detailed in available sources.
How to Apply
es and deadlines are not detailed in available sources.
Ready to take the next step with Clover Foundation?
Geographic Focus
Where this funder awards grants
Clover Foundation's grantmaking priorities include a primary focus on:
- New Jersey
- Illinois
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $130,810,681
- Total Revenue: $8,070,000
- Total Expenses: $4,710,000
- Total Liabilities: $0
- Total Grants Paid: $3,029,662
Tax Status: Tax-exempt since September 1985 EIN: 74-2390003
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $130,810,681 | $121,827,512 | $113,775,874 |
| Revenue | $8,074,239 | $2,233,706 | $5,789,753 |
| Expenses | $4,712,111 | $3,765,136 | $5,272,935 |
| Qualifying Distributions | $7,951,000 | $6,233,615 | $4,948,401 |
| Net Investment Income | $6,568,259 | $1,425,385 | $4,099,251 |
| Distributable Amount | $4,759,674 | $4,856,983 | $5,212,042 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pontifica Universita Della Santa Croce (pusc) ($2,000,000), Asociacion Venezolana De Promocion Educativa (apve) ($412,000), Diocese of Helsinki ($210,560).
| Recipient | Purpose | Amount |
|---|---|---|
| ASOCIACION VENEZOLANA DE PROMOCION EDUCATIVA (APVE) | GRANT FOR AVPE FOR PRELATURE PRIESTS | $412,000 |
| ASOCIACION CULTURAL INTERNACIONAL AC | 2024 GRANT FOR MONTEFALCO SCHOOL | $120,000 |
| DIOCESE OF HELSINKI | GRANT FOR REPAIRS AND RENOVATION OF BUILDING | $210,560 |
| CARIBBEAN EDUCATIONAL ASSOCIATION (CEA) | GRANT FOR BRIAR HOUSE STUDY CENTER | $64,000 |
| THE WITHERSPOON INSTITUTE PRINCETON, NJ | GRANT FOR 2024 SUMMER SEMINARS | $25,000 |
| YOUTH SERVICE INTERNATIONAL INC CHICAGO, IL | 2024 GRANT FOR SUMMER SERVICE PROJECTS | $20,000 |
| PONTIFICA UNIVERSITA DELLA SANTA CROCE (PUSC) | GRANT FOR OPERATING EXPENSES 2023-24 ACADEMIC YEAR | $2,000,000 |
| UNIVERSITY OF PIURA | GRANT FOR ESTEBAN CAMPODONICO AWARD (2023 & 2024) | $178,102 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GONZALO VERA | DIRECTOR | 1 | — |
| WILLIAM ORCHARD | TREASURER | 10 | $35,438 |
| FEDERICO RIERA-MARSA | DIRECTOR/PRESIDENT | 2 | — |
| ROBERT MONIOT | DIRECTOR/VICE PRESIDENT | 4 | — |
| JULIEN NAGORE | DIRECTOR/VICE PRESIDENT | 2 | — |
| THOMAS WHITE | DIRECTOR/SECRETARY | 1 | — |
| MATTHEW ANTHONY | DIRECTOR | 1 | — |
| ANDREW O'MEARA | SECRETARY | 10 | $42,000 |
| PETER ANGLADA | DIRECTOR | 1 | — |
Contact Information
Address: 420 Lexington Avenue, Room 300 New York, NY 10170
Frequently Asked Questions
What does Clover Foundation fund?
Clover Foundation's grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Private Grantmaking • Social Science Research • Public Policy
How do I apply for a grant from Clover Foundation?
**Financial Capacity:** • Total assets: $130,810,681 (2024) • Total giving: $3,029,662 (2024) • Typical award range: $20,000–$3,079,099 **Grant Activity:** The foundation maintains an active grantmaking program, though specific application processes and deadlines are not detailed in available sources.
Where does Clover Foundation make grants?
Clover Foundation's grantmaking priorities include a primary focus on: • New Jersey • Illinois
What size grants does Clover Foundation award?
In 2024, Clover Foundation awarded 8 grants totaling $3.0M — an average of about $379K per grant, based on its IRS Form 990 filings.
How much is Clover Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Clover Foundation reported a distributable amount of $4.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Clover Foundation's EIN?
Clover Foundation's EIN (Employer Identification Number) is 74-2390003. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Clover Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Clover Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Clover Foundation to a real strategy.