David R Clare & Margaret C Clare Fnd
Preselected recipients only
David R Clare & Margaret C Clare Fnd is a private foundation in Parsippany, New Jersey. In tax year 2024 it gave $3.0 million in 5 grants; the typical grant was $460,000 and the largest $970,430. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$3.0 million
- Number of grants5
- Typical grant$460,000
- Largest grant$970,430
- Assets$461,535
- New grantees80%
Giving in 2024 was down from $21.0 million the year before.
80% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2020 | $8.5 million | 80 | $63.8 million |
| 2022 | $22.2 million | 64 | $24.7 million |
| 2023 | $21.0 million | 58 | $3.7 million |
| 2024 | $3.0 million | 5 | $461,535 |
How to apply
David R Clare & Margaret C Clare Fnd says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 4 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 1 | $970,430 |
| Florida | 1 | $970,330 |
| New York | 2 | $620,000 |
| Indiana | 1 | $460,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| North County Lifeline Inc | General support | $970,430 |
| Gulf Coast Junior Golf Tour | General support | $970,330 |
| David R Clare Jr David Clare Foundation | General support | $460,000 |
| Robert Hinton DRC MCC Family Fund | General support | $460,000 |
| DRC & MCC Donor Advised Fund Matthew D Hinton | General support | $160,000 |
Officers and trustees
- Carol A Clare
- David R Clare Jr
- Robert B Hinton Jr
- Matthew D Hinton
Questions people ask
Does David R Clare & Margaret C Clare Fnd accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does David R Clare & Margaret C Clare Fnd give?
$3.0 million in tax year 2024, across 5 grants, with a typical grant of $460,000.
Who runs David R Clare & Margaret C Clare Fnd?
Its 2024 filing lists Carol A Clare (Managing Director & Truste), David R Clare Jr (Managing Director & Trustee), Robert B Hinton Jr (Regional Director & Truste) and Matthew D Hinton (Regional Director & Truste).