The Bill & Lori Clark Foundation

Private foundation · Grantmaker Arden, NC EIN: 81-2341228

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.

The Bill & Lori Clark Foundation at a glance

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.

Annual giving (2025)
$76,000
+4.1% vs 2024
Grants made (2025)
9
+80.0% vs 2024
Average grant
$8,444
-42.2% vs 2024
Median grant
$10,000
Total assets
$1,541,671
-0.8% vs 2024
Primary geography
North Carolina (47% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who The Bill & Lori Clark Foundation funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

His Kids Developmental Center: $20KHis Kids Developmental Center$20KAllergo Organizational Solutions: $10KAllergo OrganizationalSolutions$10KAlive Church: $10KAlive Church$10KUnion Church: $10KUnion Church$10KAgape City Church: $10KAgape City Church$10KWCMA: $5KWCMA$5KGather Asheville Hurricane Relief: $5KGather Asheville HurricaneRelief$5KAbccm: $4KAbccm$4KCindy Platt Boys and Girls Club: $2KCindy Platt Boys and GirlsClub$2K

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

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

ArdenBrightonFort CollinsAllenBooneBrevardEast Flat RockHoustonHowellSkylandTyler

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2020 1 grant2021 1 grant2022 0 grants2023 5 grants2024 9 grants2025

From 2021 to 2025, annual grant giving ranged from $5K (2021) to $76K (2025). In 2025 it made 9 grants totaling $76K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
His Kids Developmental Center East Flat Rock, NCGeneral Fund$20,000
Allergo Organizational Solutions Houston, TXGeneral Fund$10,000
Alive Church Brighton, MIGeneral Fund$10,000
Union Church Brighton, MIGeneral Fund$10,000
Agape City Church Howell, MIGeneral Fund$10,000
WCMA Skyland, NCGeneral Fund$5,000
Gather Asheville Hurricane Relief Arden, NCGeneral Fund$5,000
Abccm Arden, NCGeneral Fund$4,000
Cindy Platt Boys and Girls Club Brevard, NCGeneral Fund$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,541,671$65,374$78,296$76,0009$76,575$63,649$76,828
2024$1,554,593$80,484$76,180$73,0005$73,550$78,834$76,647
2023$1,550,289$73,941$1,288——$500$73,459$73,147
2022$1,477,636$11,322$5,950$5,0001$5,475$9,897$72,466
2021$1,472,264$234$6,089$5,0001$5,425—$72,771
2020$1,478,119$9,324$1,529———$6,141$72,624

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.

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.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 23, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 31, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 16, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Bill & Lori Clark Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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