Nathan M Clark Foundation 2574-00-48

Private foundation · Grantmaker Wilmington, DE EIN: 20-1201954

Nathan M Clark Foundation 2574-00-48 is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $9.7M in total assets. In 2025, it awarded 8 grants totaling $514K. Net investment income was $549K.

Key facts about Nathan M Clark Foundation 2574-00-48

In short: Nathan M Clark Foundation 2574-00-48 gave $514K across 8 grants in 2025 (avg $64K), top state New York. Source: 2025 IRS Form 990-PF.

EIN
20-1201954
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$513,558
Grants made (2025)
8
Average grant
$64,195
Median grant
$52,500
Total assets
$9,675,751
Primary geography
New York (29% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$9.7M

+0.2% YoY

Annual Giving

$514K

+2.7% YoY

Grant Count

8

-11.1% YoY

Avg Grant Size

$64K

+15.6% YoY

Under IRS private-foundation payout rules, Nathan M Clark Foundation 2574-00-48 reported a distributable amount of $549K for 2025 — the minimum it must pay out in qualifying distributions.

How Nathan M Clark Foundation 2574-00-48 gives

  • Giving held roughly steady from 2022 to 2025 (−10%). Method
  • In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 8 itemized 2025 grant dollars.

Cities

WilmingtonDurhamNew YorkPhiladelphiaMesaBenningtonBrooklynBuffaloSharon HillSwarthmore

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grants202017 grants20218 grants20226 grants20239 grants20248 grants2025

From 2020 to 2025, annual grant giving ranged from $500K (2024) to $585K (2021). In 2025 it made 8 grants totaling $514K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Alfred Gillet Trust: $130KAlfred Gillet Trust$130KAmerican Dance Festival Inc: $100KAmerican Dance Festival Inc$100KDelaware Art Museum: $100KDelaware Art Museum$100KBennington College: $70KBennington College$70KWilmington Friends School: $35KWilmington Friends School$35KLegacy Global Programs: $35KLegacy Global Programs$35KGaspard & Dancers: $25KGaspard & Dancers$25KPS 10 PTA: $19KPS 10 PTA$19K

The largest 2025 recipient was Alfred Gillet Trust ($130K). Together the top 8 received $514K.

Grant Size Distribution

48 grants across all recorded years

32<$50K3$50–100K11$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 32 grants of 48 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Alfred Gillet Trust New York, NYShoemakers Museum$130,000
American Dance Festival Inc Durham, NCAdf Recruitment$100,000
Delaware Art Museum Wilmington, DEDelart a Bold Museum for$100,000
Bennington College Bennington, VTSchool of Dance Bachelor's$70,000
Wilmington Friends School Wilmington, DESpeaker Series$35,000
Legacy Global Programs Mesa, AZWe All Fall Down - Byna$35,000
Gaspard & Dancers Durham, NCProgram Support 2025$25,000
PS 10 PTA Brooklyn, NYDance Institute Annual 10$18,558

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M202020212022202320242025
Metric202520242023
Total Assets$9,675,751$9,656,555$9,585,249
Revenue$637,065$662,112$148,428
Expenses$618,347$589,624$633,095
Qualifying Distributions$519,785$506,208$556,181
Net Investment Income$548,816$578,696$196,568
Distributable Amount$549,254$523,930$482,011

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 21, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 27, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Nathan M Clark Foundation 2574-00-48's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jan Clark

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sarah C. Gould

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mary Gould

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Roger White

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Benjamin Lovell (2020–2024) — Director

Data from IRS Form 990 filings, 2020–2025. "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 Nathan M Clark Foundation 2574-00-48

How much does Nathan M Clark Foundation 2574-00-48 give each year?

Nathan M Clark Foundation 2574-00-48 gave $514K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $500K across 9 grants.

What is Nathan M Clark Foundation 2574-00-48's typical grant size?

Nathan M Clark Foundation 2574-00-48's median grant in 2025 was $52,500, and its average grant was $64,195, across 8 grants on its 2025 IRS Form 990-PF.

Where does Nathan M Clark Foundation 2574-00-48 give grants?

Nathan M Clark Foundation 2574-00-48's top state is New York, with 29% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Delaware (26%) and North Carolina (24%). The most frequent recipient cities were Wilmington, DE (2 grants) and Durham, NC (2 grants).

Does Nathan M Clark Foundation 2574-00-48 give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on Nathan M Clark Foundation 2574-00-48's 2025 IRS Form 990-PF were described as general or operating support.

Who are Nathan M Clark Foundation 2574-00-48's largest grantees?

Nathan M Clark Foundation 2574-00-48's largest 2025 grantees include Alfred Gillet Trust ($130,000), American Dance Festival Inc ($100,000) and Delaware Art Museum ($100,000), according to its 2025 IRS Form 990-PF. Together they received 64% of its itemized 2025 grant dollars.

How large is Nathan M Clark Foundation 2574-00-48?

Nathan M Clark Foundation 2574-00-48 reported $9.7M in total assets on its 2025 IRS Form 990-PF. It paid out $520K in qualifying distributions that year, against a required minimum of $549K (roughly 5% of its investment assets).

What is Nathan M Clark Foundation 2574-00-48's EIN?

Nathan M Clark Foundation 2574-00-48's EIN (Employer Identification Number) is 20-1201954. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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