Cloverfields Foundation is a private foundation based in Naples, Florida, designated as a 501(c)(3) organization. The foundation has been tax-exempt since January 2005 and operates as a private independent foundation focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$58.4M
-3.0% YoY
Annual Giving
$5.3M
-7.9% YoY
Grant Count
31
+0.0% YoY
Avg Grant Size
$170K
-7.9% YoY
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and STEM Education
- Christian nonprofits
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Minnesota
- Pennsylvania
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $60,257,863
- Total revenues: $43,339,492
- Total expenses: $5,826,588
- Total liabilities: $4,600,000
- Investment income and dividends: $2,016,956
- Net gain from sale of non-inventory assets: $12,824,519
Employee count: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $58,441,659 | $60,257,863 | $40,589,835 |
| Revenue | $37,300,516 | $43,339,492 | $15,555,066 |
| Expenses | $5,586,739 | $5,826,588 | $4,201,367 |
| Qualifying Distributions | $5,258,000 | $5,706,050 | $3,851,750 |
| Net Investment Income | $6,108,195 | $14,788,351 | $1,201,454 |
| Distributable Amount | $9,326,187 | $6,643,818 | $6,054,514 |
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
140 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Stephen J. Hemsley – President
- Barbara K. Hemsley – Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN J HEMSLEY | PRESIDENT | 1 | — |
| BARBARA K HEMSLEY | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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