The Clerico Family Education Foundation

TULSA, OK EIN: 27-5301989

The Clerico Family Education Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 2 grants totaling $235K. Net investment income was $541K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

+8.4% YoY

Annual Giving

$235K

-85.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$118K

-85.6% YoY

Under IRS private-foundation payout rules, The Clerico Family Education Foundation reported a distributable amount of $358K for 2024 — the minimum it must pay out in qualifying distributions.

About The Clerico Family Education Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $2.7M (100%)

States

Oklahoma

Cities

Stillwater

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,766,604	$2,551,582	$2,432,897
Revenue	$617,032	$3,604,985	$829,728
Expenses	$404,155	$1,749,809	$509,437
Qualifying Distributions	$235,264	$1,634,087	$385,064
Net Investment Income	$540,533	$1,216,997	$774,485
Distributable Amount	$357,889	$238,574	$233,965

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Oklahoma State University ($121,031), Oklahoma State University ($114,233).

Recipient	Purpose	Amount
Oklahoma State University Stillwater, OK	Scholarships	$121,031
Oklahoma State University Stillwater, OK	Scholarships	$114,233

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Diane C Deakin	President	10	$66,770
John A Clerico	Director	4	—
Mark S Smith	Director	4	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Clerico Family Education Foundation?

The Clerico Family Education Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. It holds $2.8M in total assets as of 2024.

How large is The Clerico Family Education Foundation?

As of 2024, The Clerico Family Education Foundation holds $2.8M in total assets with $617K in annual revenue. It awarded 2 grants totaling $235K in 2024.

Where does The Clerico Family Education Foundation operate?

The Clerico Family Education Foundation has awarded grants in Oklahoma.

What size grants does The Clerico Family Education Foundation award?

In 2024, The Clerico Family Education Foundation awarded 2 grants totaling $235K — an average of about $118K per grant, based on its IRS Form 990 filings.

How much is The Clerico Family Education Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Clerico Family Education Foundation reported a distributable amount of $358K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Clerico Family Education Foundation's EIN?

The Clerico Family Education Foundation's EIN (Employer Identification Number) is 27-5301989. IRS Form 990 filing data is available on this page for 2020–2024.