The Clark Family Foundation

GLENVIEW, IL EIN: 36-3487579

The Clark Family Foundation is a private foundation, based in GLENVIEW, IL. IRS filing data is available for 2020. In 2020, it awarded 8 grants totaling $1.3M. Net investment income was $107K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$1.3M

Grant Count

Avg Grant Size

$162K

Under IRS private-foundation payout rules, The Clark Family Foundation reported a distributable amount of $32K for 2020 — the minimum it must pay out in qualifying distributions.

About The Clark Family Foundation

Based on IRS filings

The Clark Family Foundation is a private foundation, based in GLENVIEW, IL. IRS filing data is available for 2020. In 2020, it awarded 8 grants totaling $1.3M. Net investment income was $107K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $1.2M (95%)

Ohio $50K (4%)

New Jersey $11K (1%)

States

Illinois New Jersey Ohio

Cities

CamdenChicagoClevelandGlenviewPo Box Carpente

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$109,761
Expenses	$1,369,183
Qualifying Distributions	—
Net Investment Income	$106,970
Distributable Amount	$32,338

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2020

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include The Chicago Community Foundation ($739,024), Chicago Theological Seminary - Annual Fund ($200,000), Hands of Peace - Glenview Community Church ($130,000).

Recipient	Purpose	Amount
AMERICAN WRITERS MUSEUM CHICAGO, IL	GENERAL CHARITABLE PURPOSES	$25,000
BOYS AND GIRLS CLUBS OF DUNDEE TOWNSHIP PO BOX CARPENTE, IL	GENERAL CHARITABLE PURPOSES	$50,000
CHICAGO THEOLOGICAL SEMINARY - ANNUAL FUND CHICAGO, IL	GENERAL CHARITABLE PURPOSES	$200,000
HANDS OF PEACE - GLENVIEW COMMUNITY CHURCH GLENVIEW, IL	GENERAL CHARITABLE PURPOSES	$130,000
RUTGERS SCHOOL OF LAW & RELIGION - CAMDEN CAMDEN, NJ	GENERAL CHARITABLE PURPOSES	$11,100
THE CHICAGO COMMUNITY FOUNDATION CHICAGO, IL	GENERAL CHARITABLE PURPOSES	$88,748
THE CHICAGO COMMUNITY FOUNDATION CHICAGO, IL	GENERAL CHARITABLE PURPOSES	$739,024
UNITED CHURCH OF CHRIST CLEVELAND, OH	GENERAL CHARITABLE PURPOSES	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
DONALD C CLARK SR	PRESIDENT	1	—
JEAN W CLARK	VICE PRESIDENT	0.5	—
THOMAS R CLARK	SECRETARY	0.5	—
DONALD C CLARK JR	ASST SECRETARY/TREASURER	4	—
BARBARA CLARK LOPRESTI	TREASURER	0.5	—

Frequently Asked Questions

Where does The Clark Family Foundation operate?

The Clark Family Foundation has awarded grants in Illinois, New Jersey, Ohio.

What size grants does The Clark Family Foundation award?

In 2020, The Clark Family Foundation awarded 8 grants totaling $1.3M — an average of about $162K per grant, based on its IRS Form 990 filings.

How much is The Clark Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, The Clark Family Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.