The Greater Clark Foundation Inc logo

The Greater Clark Foundation Inc

WINCHESTER, KY EIN: 61-0475632 Website

The Greater Clark Foundation is a philanthropic organization based in Winchester, Kentucky, serving the Greater Clark region. Originally established as a hospital foundation in 1945, the organization transitioned to a grantmaking foundation following the sale of Clark Regional Medical Center to LifePoint in 2010. The foundation hired its first President and CEO in 2012 and became fully operational in 2013.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$43.5M

+6.6% YoY

Annual Giving

$510K

-0.5% YoY

Grant Count

29

+61.1% YoY

Avg Grant Size

$18K

-38.2% YoY

Under IRS private-foundation payout rules, The Greater Clark Foundation Inc reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Greater Clark Foundation works to strengthen the well-being and long-term vitality of Clark, Powell, and Estill counties by investing in people, relationships, and the conditions that help everyone belong and thrive. The foundation is guided by the core belief that communities flourish when people are connected, valued, and empowered.

The foundation focuses its investments on:

  • Civic and economic vitality
  • Educational attainment
  • Health, well-being, and quality of life

The foundation works upstream on the root causes of social problems to enhance four conditions required for long-term change: capacity, collaboration, communication, and cohesion.

Grantmaking

The Greater Clark Foundation has evolved its approach to include both short-term project funding and sustained support for organizational health and long-term community change. The foundation emphasizes partnership support that strengthens leadership, stability, and community-rooted work over time.

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Geographic Focus

Where this funder awards grants

The foundation serves the Greater Clark region of Kentucky, specifically Clark, Powell, and Estill counties. The region is described as a bucolic community serving as the gateway between the Bluegrass and Appalachian regions of Kentucky, with a population of roughly 50,000 people in the western-most counties of the state.

Grant Distribution by State

7states

Cities

AshvilleAtlantaBethesdaBethesdamColumbusHazardIrvineLancasterLexingtonLouisvilleRichmondWashingtonWhitesburgWinchester

Financial History

Multi-year comparison from IRS filings

Assets: $43.5 million (as of 2024)

Annual Revenue: $1.56 million (2024)

Annual Expenses: $2.06 million (2024)

Total Liabilities: $402,000 (2024)

Total Giving: $510,041 (2024)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$13M20202021202220232024
Metric202420232022
Total Assets$43,536,685$40,833,921$37,626,746
Revenue$1,560,806$12,259,630$939,636
Expenses$2,056,765$2,132,326$2,001,585
Qualifying Distributions$1,518,509$1,379,953$1,407,127
Net Investment Income$1,124,454$7,839,425$2,518,001
Distributable Amount$1,484,246$1,480,852$1,667,661

Giving Over Time

Total grant dollars and number of grants per year

$0$152K$304K$455K$607K32 grants202022 grants202115 grants202218 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BLUE GRASS COMMUNITY FOU…$263KBLUE GRASS COMMUNITY FOU…$44KWINCHESTER BLACK HISTORY…$22KART OF THE RURAL$20KCITY OF WINCHESTER$20KCLARK COUNTY COMMUNITY S…$20KESTILL COUNTY - 21 CENTU…$20KLEGACY GREENSCAPES$20KRED OAKS CENTER FOR NATU…$15KLEGACY GREENSCAPES$13K

Grant Size Distribution

116 grants across all recorded years

102<$50K4$50–100K8$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Blue Grass Community Foundation-fbo Legacy Greenscapes ($262,500), Blue Grass Community Foundation-fbo Clark Cnty Eq Coalition and Proudtown ($43,600), Winchester Black History & Heritage Comm-fbo Poynterville Steering Comm ($21,800).

RecipientPurposeAmount
APPALACHIA FUNDERS NETWORK ASHVILLE, NCFUNDING PARTNER CONTRIBUTION$525
APPALSHOP WHITESBURG, KYSUPPORT RURAL EXCHANGE$1,000
ART OF THE RURAL WINCHESTER, KYBUILDING TRUST AND BELONGING$20,000
ART OF THE RURAL WINCHESTER, KYBUILDING TRUST AND BELONGING$500
BLUE GRASS COMMUNITY FOUNDATION-FBO CLARK CNTY EQ COALITION AND PROUDTOWN LEXINGTON, KYBUILDING TRUST AND BELONGING$43,600
BLUE GRASS COMMUNITY FOUNDATION-FBO CLARK CNTY EQ COALITION AND PROUDTOWN LEXINGTON, KYBUILDING TRUST AND BELONGING$1,000
BLUE GRASS COMMUNITY FOUNDATION-FBO LEGACY GREENSCAPES LEXINGTON, KYOPERATING SUPPORT GRANT$262,500
CITY OF WINCHESTER WINCHESTER, KYBUILDING TRUST AND BELONGING$20,000
CITY OF WINCHESTER WINCHESTER, KYBUILDING TRUST AND BELONGING$500
CLARK COUNTY COMMUNITY SERVICES WINCHESTER, KYBUILDING TRUST AND BELONGING$20,000

Leadership & Key People

Leadership team and compensation from IRS filings

Timothy Johnson serves as President and Chief Executive Officer, effective September 1, 2025. Johnson brings more than two decades of philanthropic leadership experience.

Compensation Overview

From 2024 IRS filing

JEN ALGIRESECRETARY, PRESIDENT & CEO$274K

From 2024 filing

NameTitleHoursCompensation
DARREN HENRYDIRECTOR, CHAIR1
SYNDY DEESEDIRECTOR, VICE-CHAIR1
ERIC HUDSONDIRECTOR, TREASURER1
JEN ALGIRESECRETARY, PRESIDENT & CEO40$274,375
LEOLA HAMPTONDIRECTOR1
PASTOR MARVIN KINGDIRECTOR1
BRANDY PEACHERDIRECTOR1
MARY T YEISERDIRECTOR1

Recent News & Activity

Recent developments and announcements

The Greater Clark Foundation has announced sustained partnership support for multiple organizations in the region. Recent deepened commitments include:

RUX receives sustained partnership support from Greater Clark Foundation\

Kentucky Rural-Urban Exchange (RUX)

Estill Development Alliance

Red Oaks Forest School

According to foundation leadership, these partnerships reflect the belief that "strong communities are built through long-term relationships, not short-term transactions." The foundation's approach emphasizes investing in organizational capacity to help leaders and teams adapt, learn, and lead with support in a changing environment.

RUX receives sustained partnership support from Greater Clark Foundation\

The foundation's work is rooted in a "Building Trust & Belonging" initiative that shapes how the foundation invests and evolves its approach to philanthropy.

Greater Clark Foundation launches building trust initiative

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Greater Clark Foundation Inc fund?

The Greater Clark Foundation works to strengthen the well-being and long-term vitality of Clark, Powell, and Estill counties by investing in people, relationships, and the conditions that help everyone belong and thrive. The foundation is guided by the core belief that communities flourish when people are connected, valued, and empowered. The foundation focuses its investments on: • Civic and economic vitality • Educational attainment • Health, well-being, and quality of life The foundation wor…

How do I apply for a grant from The Greater Clark Foundation Inc?

The Greater Clark Foundation has evolved its approach to include both short-term project funding and sustained support for organizational health and long-term community change. The foundation emphasizes partnership support that strengthens leadership, stability, and community-rooted work over time. Recent grantmaking reflects a commitment to sustained partnerships with organizations focused on regional development and equity work. The foundation has deepened operating partnerships with multiple…

Where does The Greater Clark Foundation Inc make grants?

The foundation serves the Greater Clark region of Kentucky, specifically Clark, Powell, and Estill counties. The region is described as a bucolic community serving as the gateway between the Bluegrass and Appalachian regions of Kentucky, with a population of roughly 50,000 people in the western-most counties of the state.

What size grants does The Greater Clark Foundation Inc award?

In 2024, The Greater Clark Foundation Inc awarded 29 grants totaling $510K — an average of about $18K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Greater Clark Foundation Inc reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Greater Clark Foundation Inc's EIN?

The Greater Clark Foundation Inc's EIN (Employer Identification Number) is 61-0475632. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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