The Clark Foundation Inc

HIGH POINT, NC EIN: 56-2223653

The Clark Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGH POINT, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 17 grants totaling $58K. Net investment income was $55K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+2.4% YoY

Annual Giving

$58K

-4.0% YoY

Grant Count

17

-5.6% YoY

Avg Grant Size

$3K

+1.7% YoY

Under IRS private-foundation payout rules, The Clark Foundation Inc reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.

About The Clark Foundation Inc

Based on IRS filings

The Clark Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGH POINT, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 17 grants totaling $58K. Net investment income was $55K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

ArchdaleHamptonHigh PointHuntersvilleIndian TrailJamestownLexingtonNew YorkNorth BethesdaRaleighSilver SpringStokesdaleThomasvilleWinston Salem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$40K$79K$119K$159K20202021202220232024
Metric202420232022
Total Assets$1,126,335$1,100,038$1,121,023
Revenue$107,274$60,930$45,878
Expenses$81,258$81,915$91,624
Qualifying Distributions$59,000$61,400$68,750
Net Investment Income$54,729$33,319$22,937
Distributable Amount$63,113$58,651$61,545

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$34K$51K$68K17 grants202015 grants202114 grants202218 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOLY CROSS HEALTH$7KWESLEY MEMORIAL CHURCH$6KAMERICAN CHILDREN'S HOME$5KHIGH POINT UNIVERSITY$5KGEORGETOWN PREPARATORY S…$5KWESLEY MEMORIAL CHURCH$5KAPETURE$5KWESTERN NC CONFERENCE$5KBOOKMARKS$3KRED DOG FARM ANIMAL RESCUE$3K

Grant Size Distribution

81 grants across all recorded years

81<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Holy Cross Health ($7,000), Wesley Memorial Church ($6,000), American Children's Home ($5,000).

RecipientPurposeAmount
AMERICAN CHILDREN'S HOME LEXINGTON, NCOPERATIONS$5,000
HIGH POINT UNIVERSITY HIGH POINT, NCRANDY MOSER SCHOLARSHIP$5,000
MACEDONIA FAMILY RESOURCE CENTER HIGH POINT, NCSUPPORT$2,000
OPEN DOOR MINISTRIES OF HIGH POINT HIGH POINT, NCOPERATIONS$1,000
CAROLINA WATERFOWL RESCUE INDIAN TRAIL, NCOPERATIONS$1,250
GEORGETOWN PREPARATORY SCHOOL NORTH BETHESDA, MDOPERATIONS$5,000
MISFIT HOUNDS HAMPTON, TNOPERATIONS$1,250
BOOKMARKS WINSTON SALEM, NCOPERATIONS$3,000
TRIANGLE BEAGLE RESCUE OF NC INC RALEIGH, NCOPERATIONS$1,500
THEATER ARTS GALLERY HIGH POINT, NCOPERATIONS$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARK CLARKV PRESIDENT$3KSUSAN CLARKSEC/TRES$3KMATTHEW CLARKDIRECTOR$3KKATHERINE PATTERSONDIRECTOR$3K

From 2024 filing

NameTitleHoursCompensation
MARK CLARKV PRESIDENT$2,500
SUSAN CLARKSEC/TRES$2,500
MATTHEW CLARKDIRECTOR$2,500
KATHERINE PATTERSONDIRECTOR$2,500

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Clark Foundation Inc?

The Clark Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGH POINT, NC. It holds $1.1M in total assets as of 2024.

How large is The Clark Foundation Inc?

As of 2024, The Clark Foundation Inc holds $1.1M in total assets with $107K in annual revenue. It awarded 17 grants totaling $58K in 2024.

Where does The Clark Foundation Inc operate?

The Clark Foundation Inc has awarded grants in Maryland, North Carolina, New York, Tennessee.

What size grants does The Clark Foundation Inc award?

In 2024, The Clark Foundation Inc awarded 17 grants totaling $58K — an average of about $3K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Clark Foundation Inc reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Clark Foundation Inc's EIN?

The Clark Foundation Inc's EIN (Employer Identification Number) is 56-2223653. 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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