The Coates & B Clark Family Foundation

STUART, VA EIN: 81-2633423

The Coates & B Clark Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STUART, VA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 4 grants totaling $50K. Net investment income was $2K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$50K

Grant Count

Avg Grant Size

$13K

Under IRS private-foundation payout rules, The Coates & B Clark Family Foundation reported a distributable amount of $1K for 2023 — the minimum it must pay out in qualifying distributions.

About The Coates & B Clark Family 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

Florida $34K (60%)

Virginia $22K (40%)

States

Florida Virginia

Cities

St PetersburgStuart

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$85,283	$82,397
Revenue	$-7,300	$2,924	$2,712
Expenses	$50,221	—	$5,639
Qualifying Distributions	$50,221	—	$5,639
Net Investment Income	$1,525	$2,924	$2,712
Distributable Amount	$1,352	$3,739	$4,181

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2023

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Raymond James Charitable Endowment ($33,471), Stuart Church of Living Water ($8,739), Stuart Rotary Student Loan Scholars ($7,920).

Recipient	Purpose	Amount
STUART ROTARY STUDENT LOAN SCHOLARS STUART, VA	EDUCATION	$7,920
STUART CHURCH OF LIVING WATER STUART, VA	RELIGIOUS SERVICES	$8,739
RAYMOND JAMES CHARITABLE ENDOWMENT ST PETERSBURG, FL	EDUCATION,COMMUNITY & RELIGIOUS SERVICES	$33,471
RAYMOND JAMES CHARITABLE ENDOWMENT ST PETERSBURG, FL	EDUCATION,COMMUNITY & RELIGIOUS SERVICES	$91

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
WILLIAM B CLARK	President	—	—
MARY COATES CLARK	Vice President	—	—
ANNA CLARK LESTER	Secretary	—	—
JOSEPH BLAIR CLARK	Treasurer	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Coates & B Clark Family Foundation?

The Coates & B Clark Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STUART, VA. It holds — in total assets as of 2023.

Where does The Coates & B Clark Family Foundation operate?

The Coates & B Clark Family Foundation has awarded grants in Florida, Virginia.

What size grants does The Coates & B Clark Family Foundation award?

In 2023, The Coates & B Clark Family Foundation awarded 4 grants totaling $50K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is The Coates & B Clark Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Coates & B Clark Family Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Coates & B Clark Family Foundation's EIN?

The Coates & B Clark Family Foundation's EIN (Employer Identification Number) is 81-2633423. IRS Form 990 filing data is available on this page for 2020–2023.