The Coates & B Clark Family Foundation

Private foundation · Grantmaker Stuart, VA EIN: 81-2633423

The Coates & B Clark Family Foundation is a private foundation, based in Stuart, VA. IRS filing data is available from 2018 through 2023. In 2023, it awarded 4 grants totaling $50K. Net investment income was $2K.

Key facts about The Coates & B Clark Family Foundation

In short: The Coates & B Clark Family Foundation gave $50K across 4 grants in 2023 (avg $13K), mostly in Florida. Source: 2023 IRS Form 990-PF.

EIN
81-2633423
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$50,221
Grants made (2023)
4
Average grant
$12,555
Median grant
$8,330
Primary geography
Florida (67% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$50K

Grant Count

4

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.

How The Coates & B Clark Family Foundation gives

  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2023 grant dollars across all 4 itemized grants.

Cities

StuartSt Petersburg

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2018 0 grants2019 0 grants2020 1 grant2021 0 grants2022 4 grants2023

From 2021 to 2023, annual grant giving ranged from $6K (2021) to $50K (2023). In 2023 it made 4 grants totaling $50K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

Raymond James Charitable Endowment: $34K across 2 grantsRaymond James CharitableEndowment$34K · 2 grantsStuart Church of Living Water: $9KStuart Church of Living Water$9KStuart Rotary Student Loan Scholars: $8KStuart Rotary Student LoanScholars$8K

The largest 2023 recipient was Raymond James Charitable Endowment ($34K across 2 grants). Together the top 3 received $50K.

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Raymond James Charitable Endowment St Petersburg, FLEDUCATION,COMMUNITY & Religious Services$33,471
Stuart Church of Living Water Stuart, VAReligious Services$8,739
Stuart Rotary Student Loan Scholars Stuart, VAEducation$7,920
Raymond James Charitable Endowment St Petersburg, FLEDUCATION,COMMUNITY & Religious Services$91

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2018 2019 2020 2021 2022 2023
Metric202320222021
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2018 (received by the IRS June 8, 2021)
  2. Added Form 990-PF for fiscal year 2019 (received by the IRS June 8, 2021)
  3. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

The Coates & B Clark Family Foundation is led by William B. Clark, President on every filing since 2018; none of the 4 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • William B. Clark

    President

    On filings since 2018

    No compensation reported

  • Anna Clark Lester

    Secretary

    On filings since 2018

    No compensation reported

  • Joseph Blair Clark

    Treasurer

    On filings since 2018

    No compensation reported

  • Mary Coates Clark

    Vice President

    On filings since 2018

    No compensation reported

Data from IRS Form 990 filings, 2018–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Coates & B Clark Family Foundation

How much does The Coates & B Clark Family Foundation give each year?

The Coates & B Clark Family Foundation gave $50K across 4 grants in 2023, according to its 2023 IRS Form 990-PF.

What is The Coates & B Clark Family Foundation's typical grant size?

The Coates & B Clark Family Foundation's median grant in 2023 was $8,330, and its average grant was $12,555, across 4 grants on its 2023 IRS Form 990-PF.

Where does The Coates & B Clark Family Foundation give grants?

The Coates & B Clark Family Foundation gives mostly in Florida: 67% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was Virginia (33%). The most frequent recipient cities were St Petersburg, FL (2 grants) and Stuart, VA (2 grants).

Does The Coates & B Clark Family Foundation give general operating support?

Not in 2023: none of the 4 grants with a stated purpose on The Coates & B Clark Family Foundation's 2023 IRS Form 990-PF were described as general or operating support.

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 2018–2023.

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

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