The Clute Family Foundation Inc
The Clute Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARCO ISLAND, FL. IRS filing data is available for 2020. As of 2020, the organization holds $1.1M in total assets. In 2020, it awarded 3 grants totaling $30K. Net investment income was $499K.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
$1.1M
Annual Giving
$30K
Grant Count
3
Avg Grant Size
$10K
Under IRS private-foundation payout rules, The Clute Family Foundation Inc reported a distributable amount of $44K for 2020 — the minimum it must pay out in qualifying distributions.
About The Clute Family Foundation Inc
Based on IRS filings
The Clute Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARCO ISLAND, FL. IRS filing data is available for 2020. As of 2020, the organization holds $1.1M in total assets. In 2020, it awarded 3 grants totaling $30K. Net investment income was $499K.
Focus Areas
Ready to take the next step with The Clute Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | $1,116,511 |
| Revenue | $508,076 |
| Expenses | $50,128 |
| Qualifying Distributions | — |
| Net Investment Income | $498,758 |
| Distributable Amount | $44,457 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2020
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest include Food bank of the Southern Tier ($10,000), Meals on Wheels of Chemung County I ($10,000), CareFirst ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Food bank of the Southern Tier Elmira, NY | General Operations | $10,000 |
| Meals on Wheels of Chemung County I Elmira, NY | General Operations | $10,000 |
| CareFirst Painted Post, NY | General Operations | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Arthur D Ambrose | Trustee | — | — |
| Vincent R Valicenti | Chairman | — | — |
| Philip C Ponzi | Trustee | — | — |
| Susan T Rogers | Trustee | — | — |
| Josephine M Valicenti | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Clute Family Foundation Inc?
The Clute Family Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MARCO ISLAND, FL. It holds $1.1M in total assets as of 2020.
How large is The Clute Family Foundation Inc?
As of 2020, The Clute Family Foundation Inc holds $1.1M in total assets with $508K in annual revenue. It awarded 3 grants totaling $30K in 2020.
Where does The Clute Family Foundation Inc operate?
The Clute Family Foundation Inc has awarded grants in New York.
What size grants does The Clute Family Foundation Inc award?
In 2020, The Clute Family Foundation Inc awarded 3 grants totaling $30K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is The Clute Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, The Clute Family Foundation Inc reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Clute Family Foundation Inc's EIN?
The Clute Family Foundation Inc's EIN (Employer Identification Number) is 20-0501955. IRS Form 990 filing data is available on this page for 2020.
Explore Open Grants
Browse active grant opportunities in The Clute Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
Mightycause Charitable Foundation
MARIANNA, FL
Assets
$6.6M
Grants
3,309
Total Given
$82.3M
Publix Super Markets Charities Inc
LAKELAND, FL
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for
JACKSONVILLE, FL
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
The Community Foundation of Sarasota Co
SARASOTA, FL
Assets
$464.6M
Grants
882
Total Given
$50.6M
The Miami Foundation Inc
MIAMI, FL
Assets
$525.0M
Grants
879
Total Given
$57.2M
Early Learning Coalition of Broward
FORT LAUDERDALE, FL
Assets
$21.6M
Grants
669
Total Given
$154.0M
Leslie L Alexander Foundation Inc
DELRAY BEACH, FL
Assets
$291.4M
Grants
622
Total Given
$28.4M
Community Foundation of Tampa Bay Inc
TAMPA, FL
Assets
$879.2M
Grants
566
Total Given
$30.7M
United Way Miami Inc
MIAMI, FL
Assets
$157.2M
Grants
562
Total Given
$32.6M
Gulf Coast Community Foundation Inc
VENICE, FL
Assets
$482.8M
Grants
541
Total Given
$40.6M
Early Learning Coalition of Duval
JACKSONVILLE, FL
Assets
$9.7M
Grants
536
Total Given
$20.5M
More Funders in Florida
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Clute Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities