The Bill & Lori Clark Foundation
The Bill & Lori Clark Foundation is a private foundation, based in Arden, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 9 grants totaling $76K. Net investment income was $64K.
Key facts about The Bill & Lori Clark Foundation
In short: The Bill & Lori Clark Foundation gave $76K across 9 grants in 2025 (avg $8K), top state North Carolina. Source: 2025 IRS Form 990-PF.
- EIN
- 81-2341228
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $76,000
- Grants made (2025)
- 9
- Average grant
- $8,444
- Median grant
- $10,000
- Total assets
- $1,541,671
- Primary geography
- North Carolina (47% 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
$1.5M
-0.8% YoY
Annual Giving
$76K
+4.1% YoY
Grant Count
9
+80.0% YoY
Avg Grant Size
$8K
-42.2% YoY
Under IRS private-foundation payout rules, The Bill & Lori Clark Foundation reported a distributable amount of $77K for 2025 — the minimum it must pay out in qualifying distributions.
How The Bill & Lori Clark Foundation gives
- Giving grew 1420% from 2022 to 2025. Method
- In 2025 it paid out 100% 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
Share of 2025 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $5K (2021) to $76K (2025). In 2025 it made 9 grants totaling $76K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was His Kids Developmental Center ($20K). Together the top 9 received $76K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| His Kids Developmental Center East Flat Rock, NC | General Fund | $20,000 |
| Allergo Organizational Solutions Houston, TX | General Fund | $10,000 |
| Alive Church Brighton, MI | General Fund | $10,000 |
| Union Church Brighton, MI | General Fund | $10,000 |
| Agape City Church Howell, MI | General Fund | $10,000 |
| Wcma Skyland, NC | General Fund | $5,000 |
| Gather Asheville Hurricane Relief Arden, NC | General Fund | $5,000 |
| Abccm Arden, NC | General Fund | $4,000 |
| Cindy Platt Boys and Girls Club Brevard, NC | General Fund | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,541,671 | $1,554,593 | $1,550,289 |
| Revenue | $65,374 | $80,484 | $73,941 |
| Expenses | $78,296 | $76,180 | $1,288 |
| Qualifying Distributions | $76,575 | $73,550 | $500 |
| Net Investment Income | $63,649 | $78,834 | $73,459 |
| Distributable Amount | $76,828 | $76,647 | $73,147 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 23, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 31, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 16, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
Leadership & Key People
Officers and directors from IRS filings
The Bill & Lori Clark Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lori A. Clark
Trustee
On filings since 2020
No compensation reported
William S. Clark
Trustee
On filings since 2020
No compensation reported
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 The Bill & Lori Clark Foundation
How much does The Bill & Lori Clark Foundation give each year?
The Bill & Lori Clark Foundation gave $76K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $73K across 5 grants.
What is The Bill & Lori Clark Foundation's typical grant size?
The Bill & Lori Clark Foundation's median grant in 2025 was $10,000, and its average grant was $8,444, across 9 grants on its 2025 IRS Form 990-PF.
Where does The Bill & Lori Clark Foundation give grants?
The Bill & Lori Clark Foundation's top state is North Carolina, with 47% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Michigan (39%) and Texas (13%). The most frequent recipient cities were Brighton, MI (2 grants) and Arden, NC (2 grants).
Does The Bill & Lori Clark Foundation give general operating support?
Yes: 100% of The Bill & Lori Clark Foundation's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Bill & Lori Clark Foundation's largest grantees?
The Bill & Lori Clark Foundation's largest 2025 grantees include His Kids Developmental Center ($20,000), Allergo Organizational Solutions ($10,000) and Alive Church ($10,000), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.
How large is The Bill & Lori Clark Foundation?
The Bill & Lori Clark Foundation reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $77K in qualifying distributions that year, against a required minimum of $77K (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 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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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