The Clark Nexsen Foundation Inc

VIRGINIA BEACH, VA EIN: 26-2652520

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AlexandriaAnnapolisArdenAshevilleBlacksburgBooneBuffaloCharlotteChesapeakeCollege ParkCrestonDurhamElkwoodForsythFuquay VarinaFuquayvarinaGreensboroGreenvilleHamptonHarerstown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$46K$93K$139K$185K20202021202220232024
Metric202420232022
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

$0$40K$80K$120K$160K16 grants202018 grants202129 grants202245 grants202388 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AIA NC HURRICANE HELENE …$10KAMERICAN CANCER SOCIETY$5KASHE OUTREACH MINISTRIES$5KCHARLOTTE MECKLENBURG LI…$5KFOUNDATON OF CALDWELL CO…$5KHAMPTON UNIVERSITY$5KJUNIOR ACHIEVEMENT OF GR…$5KCHILDREN'S FLIGHT OF HOP…$4KFOODBANK OF SOUTHEASTERN…$4KENGINEERS IN ACTION$3K

Grant Size Distribution

158 grants across all recorded years

158<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUSAN DREWDIRECTOR1
JASON JONESDIRECTOR1
WADE WILLIAMSDIRECTOR1
JENNIFER HEINTZDIRECTOR1
REBECCA BRADYDIRECTOR1
CHAD POULTNEYDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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