Joseph Aw Clayes Iii Charitable Trust

LA JOLLA, CA EIN: 20-7515945

Joseph Aw Clayes Iii Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA JOLLA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $37.3M in total assets. In 2024, it awarded 1 grants totaling $1.7M. Net investment income was $7.8M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$37.3M

+18.7% YoY

Annual Giving

$1.7M

-2.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.7M

-2.9% YoY

Under IRS private-foundation payout rules, Joseph Aw Clayes Iii Charitable Trust reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.

About Joseph Aw Clayes Iii Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Joseph Aw Clayes Iii Charitable Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $9.4M (100%)

States

California

Cities

OceansideSan Diego

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$37,254,489	$31,397,115	$28,507,135
Revenue	$8,284,110	$5,296,561	$1,845,898
Expenses	$2,426,736	$2,406,581	$3,228,816
Qualifying Distributions	$1,823,655	$1,859,519	$2,461,082
Net Investment Income	$7,808,579	$4,623,534	$1,142,283
Distributable Amount	$1,942,543	$1,832,921	$2,043,452

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cygnet Theatre Company ($1,700,000).

Recipient	Purpose	Amount
CYGNET THEATRE COMPANY SAN DIEGO, CA	SUPPORT OF PROGRAMS	$1,700,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TRULETTE M CLAYES	TRUSTEE	15	$100,000
BRENDAN A HOLMES	TRUSTEE	15	$100,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Joseph Aw Clayes Iii Charitable Trust?

Joseph Aw Clayes Iii Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA JOLLA, CA. It holds $37.3M in total assets as of 2024.

How large is Joseph Aw Clayes Iii Charitable Trust?

As of 2024, Joseph Aw Clayes Iii Charitable Trust holds $37.3M in total assets with $8.3M in annual revenue. It awarded 1 grants totaling $1.7M in 2024.

Where does Joseph Aw Clayes Iii Charitable Trust operate?

Joseph Aw Clayes Iii Charitable Trust has awarded grants in California.

What size grants does Joseph Aw Clayes Iii Charitable Trust award?

In 2024, Joseph Aw Clayes Iii Charitable Trust awarded 1 grants totaling $1.7M — an average of about $1.7M per grant, based on its IRS Form 990 filings.

How much is Joseph Aw Clayes Iii Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joseph Aw Clayes Iii Charitable Trust reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joseph Aw Clayes Iii Charitable Trust's EIN?

Joseph Aw Clayes Iii Charitable Trust's EIN (Employer Identification Number) is 20-7515945. IRS Form 990 filing data is available on this page for 2020–2024.