The Clarks Companies Foundation

Private foundation · Grantmaker Needham Heights, MA EIN: 20-4511300

The Clarks Companies Foundation is a private foundation, based in Needham Heights, MA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $619K in total assets. In 2024, it awarded 1 grant totaling $130K. Net investment income was $4K.

The Clarks Companies Foundation at a glance

In short: The Clarks Companies Foundation gave $130K across 1 grant in 2024 (avg $130K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$130,305
+27.1% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$130,305
+27.1% vs 2023
Median grant
$130,305
Total assets
$618,812
-3.2% vs 2023
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Clarks Companies Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

See Attachment: $130KSee Attachment$130K

The largest 2024 recipient was See Attachment ($130K).

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 2 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

Cities

Needham Heights

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2023 1 grant2024

From 2023 to 2024, annual grant giving ranged from $103K (2023) to $130K (2024). In 2024 it made 1 grant totaling $130K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
See Attachment Needham Heights, MASee Attachment$130,305
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment IncomeDistributable Amount
2024$618,812$116,676$137,198$130,3051$3,893$30,854
2023$639,332$62,605$105,250$102,5481$12,831$32,928

Under IRS private-foundation payout rules, The Clarks Companies Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Clarks Companies Foundation is led by Catherine Huot, President on every filing since 2023; none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Catherine Huot

    President

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Adriana Fudula

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Arnie Adams

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Gary Champion

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Ryan Werner

    Assistant Treasurer

    Director of Tax → Assistant Treasurer, 2024

    On filings since 2023

    2 hrs/week

    $2 (2023) → $0 (2024)

  • Peter Quirke

    Treasurer

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Bryan Cox

    Assistant Secretary

    New on the 2024 filing

    2 hrs/week

    No compensation reported

Former officers (3)
  • Former: Michael Pelletier (2023) — Director
  • Former: Stacey Ardini (2023) — Vice President
  • Former: Teresa Gonder (2023) — Director

Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Ryan Werner — Director of Tax: $2Ryan WernerDirector of Tax$2

The highest reported compensation on the 2023 filing was $2, to Ryan Werner (Director of Tax).

Frequently asked questions about The Clarks Companies Foundation

How much does The Clarks Companies Foundation give each year?

The Clarks Companies Foundation gave $130K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $103K across 1 grant.

How large is The Clarks Companies Foundation?

The Clarks Companies Foundation reported $619K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $117K.

Where does The Clarks Companies Foundation operate?

The Clarks Companies Foundation has awarded grants in Massachusetts.

How much is The Clarks Companies Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Clarks Companies Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Clarks Companies Foundation's EIN?

The Clarks Companies Foundation's EIN (Employer Identification Number) is 20-4511300. IRS Form 990 filing data is available on this page for 2023–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Live grants for the work The Clarks Companies Foundation funds

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Clarks Companies Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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