The Clements Foundation Inc

WILMINGTON, DE EIN: 06-1480882

The Clements Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2023. In 2023, it awarded 9 grants totaling $394K. Net investment income was $108K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$394K

+5.7% YoY

Grant Count

9

-30.8% YoY

Avg Grant Size

$44K

+52.6% YoY

Under IRS private-foundation payout rules, The Clements Foundation Inc reported a distributable amount of $11K for 2023 — the minimum it must pay out in qualifying distributions.

About The Clements Foundation Inc

Based on IRS filings

The Clements Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2023. In 2023, it awarded 9 grants totaling $394K. Net investment income was $108K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

16states
+8 more states

Cities

AtlantaAugustaAustinBeverly HillsBostonChandlerConcordDurhamFairfieldFlorenceFrederickGreat BarringtonLongmontManchestr CtrMilwaukeeMontgomeryNeedhamNew YorkPasadenaPhoenix

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$146K$293K$439K$586K2020202120222023
Metric202320222021
Total Assets$300,736$517,944
Revenue$109,891$145,815$152,616
Expenses$410,627$388,023$507,142
Qualifying Distributions$407,153$380,992$501,577
Net Investment Income$108,080$155,245$140,843
Distributable Amount$11,269$53,857$51,254

Giving Over Time

Total grant dollars and number of grants per year

$0$127K$254K$381K$509K26 grants202020 grants202113 grants20229 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2023

AMERICAN PROMISE EDUCATI…$160KFREE SPEECH FOR PEOPLE INC$90KFIRST NATIONS DEVELOPMEN…$50KDEFY VENTURES INC$30KORION SOCIETY$25KCLIMATE EMERGENCY FUND$13KARIZONA SCHOOL FOR THE A…$10KPHOENIX BOYS CHOIR ASSOC…$10KPARTNERS IN HEALTH A NON…$7K

Grant Size Distribution

68 grants across all recorded years

57<$50K6$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include American Promise Education Fund Inc ($160,000), Free Speech for People Inc ($90,000), First Nations Development Institute ($50,000).

RecipientPurposeAmount
AMERICAN PROMISE EDUCATION FUND INC CONCORD, MAGeneral & Unrestricted$160,000
ARIZONA SCHOOL FOR THE ARTS PHOENIX, AZGeneral & Unrestricted$10,000
CLIMATE EMERGENCY FUND BEVERLY HILLS, CAGeneral & Unrestricted$12,500
DEFY VENTURES INC PASADENA, CAGeneral & Unrestricted$30,000
FIRST NATIONS DEVELOPMENT INSTITUTE LONGMONT, COTribal Lands Conservation Fund$50,000
FREE SPEECH FOR PEOPLE INC AUSTIN, TXGeneral & Unrestricted$90,000
ORION SOCIETY GREAT BARRINGTON, MANew Constellation Initiative fund$25,000
PARTNERS IN HEALTH A NONPROFIT CORPORATION FREDERICK, MDGeneral & Unrestricted$6,705
PHOENIX BOYS CHOIR ASSOCIATION PHOENIX, AZGeneral & Unrestricted$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
Ben ClementsDir, Sec1
Jeffrey ClementsDir1
John ClementsDir, Treas1
Marilyn ClementsDir1
Paula Clements SagerDir, Pres, Chairperson1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Clements Foundation Inc?

The Clements Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds — in total assets as of 2023.

Where does The Clements Foundation Inc operate?

The Clements Foundation Inc has awarded grants in Alabama, Arizona, California, Colorado, Connecticut, District of Columbia, Georgia, Massachusetts, Maryland, Maine, North Carolina, New York, Rhode Island, Texas, Vermont, Wisconsin.

What size grants does The Clements Foundation Inc award?

In 2023, The Clements Foundation Inc awarded 9 grants totaling $394K — an average of about $44K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Clements Foundation Inc reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Clements Foundation Inc's EIN?

The Clements Foundation Inc's EIN (Employer Identification Number) is 06-1480882. IRS Form 990 filing data is available on this page for 2020–2023.

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Related Funders

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

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