The Clark-Foute Foundation
The Clark-Foute Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $196K in total assets. In 2024, it awarded 3 grants totaling $15K. Net investment income was $9K.
Key facts about The Clark-Foute Foundation
In short: The Clark-Foute Foundation gave $15K across 3 grants in 2024 (avg $5K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.
- EIN
- 58-6335618
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $14,500
- Grants made (2024)
- 3
- Average grant
- $4,833
- Median grant
- $4,000
- Total assets
- $196,339
- Primary geography
- Tennessee (69% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$196K
-3.9% YoY
Annual Giving
$15K
+45.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$5K
-51.7% YoY
Under IRS private-foundation payout rules, The Clark-Foute Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
How The Clark-Foute Foundation gives
- Giving grew 45% from 2021 to 2024. Method
- In 2024 it paid out 141% of its IRS minimum distribution (the 5% rule). 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 all 3 itemized 2024 grant dollars.
Cities
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
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| EAST TENNESSEE HISTORICAL Knoxville, TN | GENERAL SUPPORT | $10,000 |
| GEORGIA TRUST FOR HIST Atlanta, GA | GENERAL SUPPORT | $4,000 |
| MADISON-MORGAN CULTURAL CENTER Madison, GA | GENERAL SUPPORT | $500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $196,339 | $204,298 | $209,744 |
| Revenue | $10,761 | $8,433 | $13,299 |
| Expenses | $18,725 | $14,154 | $15,352 |
| Qualifying Distributions | $16,936 | $12,409 | $13,417 |
| Net Investment Income | $9,022 | $6,741 | $11,831 |
| Distributable Amount | $12,047 | $11,285 | $11,627 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Clark-Foute Foundation is led by Benjamin C. Clark Jr., Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Benjamin C. Clark Jr.
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Clark-Foute Foundation
How much does The Clark-Foute Foundation give each year?
The Clark-Foute Foundation gave $15K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10K across 1 grant.
What is The Clark-Foute Foundation's typical grant size?
The Clark-Foute Foundation's median grant in 2024 was $4,000, and its average grant was $4,833, across 3 grants on its 2024 IRS Form 990-PF.
Where does The Clark-Foute Foundation give grants?
The Clark-Foute Foundation gives mostly in Tennessee: 69% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Georgia (31%).
Does The Clark-Foute Foundation give general operating support?
Yes: 100% of The Clark-Foute Foundation's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Clark-Foute Foundation?
The Clark-Foute Foundation reported $196K in total assets on its 2024 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What is The Clark-Foute Foundation?
The Clark-Foute Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. It holds $196K in total assets as of 2024.
What is The Clark-Foute Foundation's EIN?
The Clark-Foute Foundation's EIN (Employer Identification Number) is 58-6335618. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Clark-Foute Foundation by hand.
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