Cloverfields Foundation
Cloverfields Foundation is a private foundation based in Naples, Florida. Its 2024 filing lists grants to charitable organizations, including education, human services, child welfare, health, and community organizations.
Cloverfields Foundation at a glance
In short: Cloverfields Foundation gave $5.3M across 31 grants in 2024 (avg $170K), mostly in Minnesota. 42% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $5,258,000
- -7.9% vs 2023
- Grants made (2024)
- 31
- +0.0% vs 2023
- Average grant
- $169,613
- -7.9% vs 2023
- Median grant
- $30,000
- Total assets
- $58,441,659
- -3.0% vs 2023
- New grantees (estimate)
- 42% first-time grantees (13 of 31, 2024)
- Primary geography
- Minnesota (58% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Cloverfields Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 111 10Th Street South 200, Naples, FL 34102
Phone: (952) 208-8625
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Cloverfields Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Interfaith Outreach & Community Partners ($1.0M). Together the top 10 received $4.9M.
Grant Size Distribution
140 grants across all recorded years
The most common grant size was under $50K: 75 grants of 140 (54%).
Geographic Focus
Where this funder awards grants
In 2024, recipients in Minnesota received 58% of grant dollars, Pennsylvania 17%, Massachusetts 15%, Illinois 10%, and New York 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 31 itemized grants.
States
Cities
Is Cloverfields Foundation open to new grantees?
42%
first-time grantees, 2024
In 2024, 13 of 31 grantees (42%) were first-time recipients. First grants averaged $72K; repeat grants $240K. How we count
Medians: $5K first-time, $52K repeat.
- 48% of 2024 grantees were also funded in 2023. Method
- Giving grew 94% from 2021 to 2024. Method
- In 2024 it paid out 56% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.7M (2021) to $5.7M (2023). In 2024 it made 31 grants totaling $5.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Interfaith Outreach & Community Partners Plymouth, MN | General Operating Fund | $1,005,000 |
| Fordham University Boston, MA | General Operating Fund | $762,500 |
| University of St Thomas - Dougherty College St. Paul, MN | General Operating Fund | $750,000 |
| Marywood University Scranton, PA | General Operating Fund | $650,000 |
| Leo C Byrne Residence Fund St. Paul, MN | General Operating Fund | $500,000 |
| Lifesong for Orphans Inc Bridley, IL | General Operating Fund | $500,000 |
| National Philanthropic Trust (Donor Advised Fund) Jenkintown, PA | General Operating Fund | $250,000 |
| University of Minnesota Masonic Children's Hospital Minneapolis, MN | General Operating Fund | $250,000 |
| Cristo Rey Jesuit High School Minneapolis, MN | General Operating Fund | $100,000 |
| Delasalle High School Minneapolis, MN | General Operating Fund | $100,000 |
Ready to take the next step with Cloverfields Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $58,441,659 | $37,300,516 | $5,586,739 | $5,258,000 | 31 | $5,258,000 | $6,108,195 | $9,326,187 |
| 2023 | $60,257,863 | $43,339,492 | $5,826,588 | $5,706,050 | 31 | $5,706,050 | $14,788,351 | $6,643,818 |
| 2022 | $40,589,835 | $15,555,066 | $4,201,367 | $3,851,750 | 22 | $3,851,750 | $1,201,454 | $6,054,514 |
| 2021 | $45,399,718 | $27,853,465 | $3,003,358 | $2,710,700 | 27 | $2,710,700 | $4,259,158 | $4,717,781 |
| 2020 | $46,090,501 | $16,959,188 | $5,161,468 | $4,064,643 | 29 | — | $446,123 | $2,810,482 |
Under IRS private-foundation payout rules, Cloverfields Foundation reported a distributable amount of $9.3M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for a range of organizations. For example, Marywood University describes itself as a Catholic university that believes education empowers people; Lifesong for Orphans says its mission is to bring joy and purpose to orphans and vulnerable children. Other 2024 recipients describe work in need-based scholarships for Catholic education, cleft care, homelessness and hunger relief, pediatric disease research and treatment, and youth mentoring.
Grantmaking
In 2024, the foundation reported 31 grants totaling $5,258,000. Grant amounts ranged from $1,000 to $1,005,000, with a median of $30,000.
The largest 2024 grants included $1,005,000 to Interfaith Outreach & Community Partners, $762,500 to Fordham University, $750,000 to the University of St. Thomas – Dougherty College, $650,000 to Marywood University, and $500,000 each to the Leo C Byrne Residence Fund and Lifesong for Orphans Inc. The grants were listed for general operating fund purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Stephen J. Hemsley as president and Barbara K. Hemsley as director.
Cloverfields Foundation is led by Stephen J. Hemsley, President since 2022 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Stephen J. Hemsley
President
Director, President & Treasurer → President, 2022
On filings since 2020
1 hr/week
No compensation reported
Barbara K. Hemsley
Director
Director & Secretary → Director, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Cloverfields Foundation
How much does Cloverfields Foundation give each year?
Cloverfields Foundation gave $5.3M across 31 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.7M across 31 grants.
What is Cloverfields Foundation's typical grant size?
Cloverfields Foundation's median grant in 2024 was $30,000, and its average grant was $169,613, across 31 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Cloverfields Foundation that year got $72K on average.
Where does Cloverfields Foundation give grants?
Cloverfields Foundation gives mostly in Minnesota: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Pennsylvania (17%) and Massachusetts (15%). The most frequent recipient cities were Minneapolis, MN (11 grants), St. Paul, MN (4 grants) and New York, NY (2 grants).
Does Cloverfields Foundation give general operating support?
Yes: 100% of Cloverfields Foundation's 2024 grants with a stated purpose (31 of 31) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Cloverfields Foundation's largest grantees?
Cloverfields Foundation's largest 2024 grantees include Interfaith Outreach & Community Partners ($1,005,000), Fordham University ($762,500) and University of St Thomas - Dougherty College ($750,000), according to its 2024 IRS Form 990-PF. Together they received 48% of its itemized 2024 grant dollars.
How large is Cloverfields Foundation?
Cloverfields Foundation reported $58.4M in total assets on its 2024 IRS Form 990-PF. It paid out $5.3M in qualifying distributions that year, against a required minimum of $9.3M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Cloverfields Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for a range of organizations. See mission & focus areas ↑
How do I apply for a grant from Cloverfields Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Cloverfields Foundation's EIN?
Cloverfields Foundation's EIN (Employer Identification Number) is 20-1919362. IRS Form 990 filing data is available on this page for 2020–2024.
Does Cloverfields Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Cloverfields Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/cloverfields-foundation-morg_9c8d273818264083abad8070c8fcb987
BibTeX
@misc{grantable_201919362_2026,
author = {{Grantable}},
title = {{Cloverfields Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/cloverfields-foundation-morg_9c8d273818264083abad8070c8fcb987},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Cloverfields Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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