The Bill & Lori Clark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDEN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $73K. Net investment income was $79K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+0.3% YoY
Annual Giving
$73K
Grant Count
5
Avg Grant Size
$15K
Under IRS private-foundation payout rules, The Bill & Lori Clark Foundation reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.
About The Bill & Lori Clark Foundation
Based on IRS filings
The Bill & Lori Clark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDEN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $73K. Net investment income was $79K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,554,593 | $1,550,289 | $1,477,636 |
| Revenue | $80,484 | $73,941 | $11,322 |
| Expenses | $76,180 | $1,288 | $5,950 |
| Qualifying Distributions | $73,550 | $500 | $5,475 |
| Net Investment Income | $78,834 | $73,459 | $9,897 |
| Distributable Amount | $76,647 | $73,147 | $72,466 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Living Alternatives ($40,000), Samaritans Purse ($10,000), Biltmore Church ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SAMARITANS PURSE BOONE, NC | GENERAL FUND | $10,000 |
| UNBROKEN SPIRIT ARDEN, NC | GENERAL FUND | $5,000 |
| BILTMORE CHURCH ARDEN, NC | 828 STRONG | $10,000 |
| LIVING ALTERNATIVES TYLER, TX | GENERAL FUND | $40,000 |
| POWERED TO MOVE ALLEN, TX | GENERAL FUND | $8,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM S CLARK | TRUSTEE | 1 | — |
| LORI A CLARK | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Bill & Lori Clark Foundation?
The Bill & Lori Clark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDEN, NC. It holds $1.6M in total assets as of 2024.
How large is The Bill & Lori Clark Foundation?
As of 2024, The Bill & Lori Clark Foundation holds $1.6M in total assets with $80K in annual revenue. It awarded 5 grants totaling $73K in 2024.
Where does The Bill & Lori Clark Foundation operate?
The Bill & Lori Clark Foundation has awarded grants in Colorado, North Carolina, Texas.
What size grants does The Bill & Lori Clark Foundation award?
In 2024, The Bill & Lori Clark Foundation awarded 5 grants totaling $73K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is The Bill & Lori Clark Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bill & Lori Clark Foundation reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bill & Lori Clark Foundation's EIN?
The Bill & Lori Clark Foundation's EIN (Employer Identification Number) is 81-2341228. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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