R & M Clark Family Foundation

EDINA, MN EIN: 86-0778653

The R & M Clark Family Foundation is a private grantmaking foundation based in Edina, Minnesota. Established in June 1995, it operates as a 501(c)(3) organization classified under the National Taxonomy of Exempt Entities (NTEE) as a private grantmaking foundation. The foundation focuses on distributing grants to charitable organizations across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.9M

+8.3% YoY

Annual Giving

$300K

-12.3% YoY

Grant Count

55

-3.5% YoY

Avg Grant Size

$5K

-9.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation has not publicly provided a formal mission statement. However, based on its grantmaking patterns, the foundation supports organizations in the following areas:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation's giving extends across multiple states including Arizona, California, Colorado, Florida, Georgia, Indiana, Kentucky, Louisiana, Maryland, Minnesota, Missouri, Montana, New Mexico, New York, Ohio, Oregon, and Tennessee.

Grantmaking

The foundation distributed $342,000 across 57 grants in 2024. In 2023, it awarded $315,000 across 59 grants. Historical giving includes:

Grant Range

$500–$45,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple U.S. states and cities, including major metropolitan areas such as Atlanta, New York, and Phoenix, as well as smaller communities. Primary funding states include Arizona, California, Colorado, Florida, Georgia, Indiana, Kentucky, Louisiana, Maryland, Minnesota, Missouri, Montana, New Mexico, New York, Ohio, Oregon, and Tennessee.

Grant Distribution by State

18states
+10 more states

Cities

AtlantaAustinBloomingtonBoca RatonBoulderBrunswickCarrboroDenverDoralDurhamEdinaEugeneFereportGreencastleHagerstownHallowellHappy ValleyHeathHilliardJasper

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total Assets: $5.95 million
  • Total Revenue: $787,323
  • Total Expenses: $330,877
  • Total Liabilities: $0

Historical Assets:

  • 2023: $5.49 million
  • 2022: $3.5 million
  • 2021: $3.4 million

The foundation maintains a strong financial position with no outstanding liabilities.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$634K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$5,945,084$5,488,638$5,444,918
Revenue$787,323$444,892$2,306,786
Expenses$330,877$401,172$350,071
Qualifying Distributions$302,500$344,950$317,241
Net Investment Income$762,817$422,395$2,282,385
Distributable Amount$281,372$255,072$238,004

Giving Over Time

Total grant dollars and number of grants per year

$0$90K$180K$270K$360K53 grants202059 grants202159 grants202257 grants202355 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BIG BROTHERSBIG SISTERS$25KALZHEIMER'S ASSOCIATION$20KDEPAUW UNIVERSITY$10KDIAPER BANK OF NORTH CAR…$10KDRURY UNIVERSITY$10KEASTERN LOCAL SCHOOL DIS…$10KLIVING WELL DISABILITY S…$10KMEETINGHOUSE CHURCH$10KMINNEAPOLIS YOUNG LIFE$8KSOUTHDALE YMCA$8K

Grant Size Distribution

250 grants across all recorded years

250<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by:

  • Carole Lee Randall – President/Director
  • Thomas E. Clark – Vice President/Director
  • James W. Clark – Secretary/Treasurer/Director

All three leaders serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CAROLE LEE RANDALLPRESIDENT/DIRECTOR
THOMAS E CLARKVICE PRESIDENT/DIRECTOR
JAMES W CLARKSECRETARY/TREASURER/DIRECT

Recent News & Activity

Recent developments and announcements

2024

The foundation continues active grantmaking, with 2024 representing a year of sustained philanthropic activity. The foundation distributed grants to organizations addressing education, human services, and community health needs across its geographic focus areas.

Kids\u2019 Minds Matter receives $65,000 grant from the Clark Family Foundation

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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