The Clark Nexsen Foundation Inc
The Clark Nexsen Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it awarded 88 grants totaling $160K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1K
+396.2% YoY
Annual Giving
$160K
+19.1% YoY
Grant Count
88
+95.6% YoY
Avg Grant Size
$2K
-39.1% YoY
Under IRS private-foundation payout rules, The Clark Nexsen Foundation Inc reported a distributable amount of $809 for 2024 — the minimum it must pay out in qualifying distributions.
About The Clark Nexsen Foundation Inc
Based on IRS filings
The Clark Nexsen Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it awarded 88 grants totaling $160K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,310 | $264 | $1,342 |
| Revenue | $168,265 | $135,060 | $85,000 |
| Expenses | $163,469 | $136,138 | $108,148 |
| Qualifying Distributions | $163,469 | $135,878 | $108,148 |
| Net Investment Income | — | — | — |
| Distributable Amount | $809 | $851 | $899 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
158 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aia Nc Hurricane Helene Relief ($10,000), American Cancer Society ($5,396), Ashe Outreach Ministries ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 24 FOUNDATION CHARLOTTE, NC | PROGRAM SUPPORT | $1,200 |
| A PLACE AT THE TABLE RALEIGH, NC | PROGRAM SUPPORT | $150 |
| A STEP AHEAD JOHNSON CITY, TN | PROGRAM SUPPORT | $500 |
| AIA NC HURRICANE HELENE RELIEF RALEIGH, NC | PROGRAM SUPPORT | $10,000 |
| ALICE'S KIDS MOUNT VERNON, VA | GIVE LOCALLY CAMPAIGN | $1,000 |
| ALZHEIMERS' ASSOC OF SE VIRGINIA CHAPTER NORFOLK, VA | PROGRAM SUPPORT | $500 |
| AMERICAN CANCER SOCIETY VIRGINIA BEACH, VA | PROGRAM SUPPORT | $5,396 |
| AMERICAN RED CROSS WASHINGTON, DC | PROGRAM SUPPORT | $536 |
| ASHE OUTREACH MINISTRIES CRESTON, NC | PROGRAM SUPPORT | $5,000 |
| ASHEVILLE BUNCOMBE COMM MINISTRY ARDEN, NC | PROGRAM SUPPORT | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN DREW | DIRECTOR | 1 | — |
| JASON JONES | DIRECTOR | 1 | — |
| WADE WILLIAMS | DIRECTOR | 1 | — |
| JENNIFER HEINTZ | DIRECTOR | 1 | — |
| REBECCA BRADY | DIRECTOR | 1 | — |
| CHAD POULTNEY | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Clark Nexsen Foundation Inc?
The Clark Nexsen Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VIRGINIA BEACH, VA. It holds $1K in total assets as of 2024.
How large is The Clark Nexsen Foundation Inc?
As of 2024, The Clark Nexsen Foundation Inc holds $1K in total assets with $168K in annual revenue. It awarded 88 grants totaling $160K in 2024.
Where does The Clark Nexsen Foundation Inc operate?
The Clark Nexsen Foundation Inc has awarded grants in District of Columbia, Georgia, Iowa, Maryland, North Carolina, New York, Oklahoma, Rhode Island, Tennessee, Virginia, Vermont.
What size grants does The Clark Nexsen Foundation Inc award?
In 2024, The Clark Nexsen Foundation Inc awarded 88 grants totaling $160K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Clark Nexsen Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Clark Nexsen Foundation Inc reported a distributable amount of $809 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Clark Nexsen Foundation Inc's EIN?
The Clark Nexsen Foundation Inc's EIN (Employer Identification Number) is 26-2652520. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Clark Nexsen Foundation Inc'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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