The Clara Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTOLA VALLEY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 3 grants totaling $222K. Net investment income was $96K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
-8.1% YoY
Annual Giving
$222K
+83.5% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$74K
+83.5% YoY
Under IRS private-foundation payout rules, The Clara Fund reported a distributable amount of $165K for 2024 — the minimum it must pay out in qualifying distributions.
About The Clara Fund
Based on IRS filings
The Clara Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTOLA VALLEY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 3 grants totaling $222K. Net investment income was $96K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,366,846 | $3,664,361 | $3,803,971 |
| Revenue | $232,039 | $83,230 | $80,559 |
| Expenses | $566,075 | $259,841 | $391,081 |
| Qualifying Distributions | $231,130 | $122,289 | $272,400 |
| Net Investment Income | $95,822 | $34,780 | $27,786 |
| Distributable Amount | $165,190 | $196,027 | $198,138 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Philanthrophy Workshop ($207,000), Count Me In ($10,000), Wildlife Conservation Network ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Count Me In New York, NY | Contribution helping to advance the economic lives of women by assisting them in obtaining business loans. | $10,000 |
| The Philanthrophy Workshop San Francisco, CA | Contribution to this charity's mission related charitable activities. | $207,000 |
| Wildlife Conservation Network San Francisco, CA | Contribution to this charity's mission related charitable activities. | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lorene Arey | President | 40 | $18,000 |
| Paris Arey | Director | 1 | — |
| Holly Kjos | Director | 1 | $14,635 |
| Hansen Perkins | Director | 1 | — |
| Haley Perkins | Secretary | 12 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Clara Fund?
The Clara Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTOLA VALLEY, CA. It holds $3.4M in total assets as of 2024.
How large is The Clara Fund?
As of 2024, The Clara Fund holds $3.4M in total assets with $232K in annual revenue. It awarded 3 grants totaling $222K in 2024.
Where does The Clara Fund operate?
The Clara Fund has awarded grants in Alabama, California, Massachusetts, Maryland, New York, Pennsylvania, Virginia.
What size grants does The Clara Fund award?
In 2024, The Clara Fund awarded 3 grants totaling $222K — an average of about $74K per grant, based on its IRS Form 990 filings.
How much is The Clara Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Clara Fund reported a distributable amount of $165K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Clara Fund's EIN?
The Clara Fund's EIN (Employer Identification Number) is 58-2672863. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Clara Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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