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Filing year 2023

DAVID R CLARE & MARGARET C CLARE FOUNDATION

Morristown, New Jersey·EIN 65-0300004·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$653k
Total assets
$3.7M
Total expenses
$22.5M
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

Managing Director & Truste
Unclassified
$308k
$344k
Managing Director & Trustee
Board Member
Above 90th percentile
$265k
$295k
Regional Director & Truste
Unclassified
$126k
$141k
Regional Director & Truste
Unclassified
$122k
$136k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at DAVID R CLARE & MARGARET C CLARE FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$21M

Itemized grants

58

Median grant

$190k

RecipientLocationPurposeAmount
OUR LADY OF ASSUMPTION CATHOLIC SCHOOLBROOKHAVEN, GAGENERAL SUPPORT$2M
NEIGHBORHOOD HEALTH CLINIC INCNAPLES, FLGENERAL SUPPORT$1.3M
ST MATTHEWS HOUSENAPLES, FLGENERAL SUPPORT$1.2M
ST PIUS X CATHOLIC HSATLANTA, GAGENERAL SUPPORT$1.2M
CCH MEDICAL CENTERCINCINNATI, OHGENERAL SUPPORT$1.1M
DRC & MCC DONOR ADVISED FUNDNEW YORK, NYGENERAL SUPPORT$1.1M
CROHNS & COLITIS FND INCNEW YORK, NYGENERAL SUPPORT$1M
ALS ASSOC OF GA INCATLANTA, GAGENERAL SUPPORT$1M
THE SHELTER FOR ABUSED WOMEN & CHILDRENNAPLES, FLGENERAL SUPPORT$1M
CHASTIAN HORSE PARKATLANTA, GAGENERAL SUPPORT$983k
THE HAVERFORD SCHOOLHAVERFORD, PAGENERAL SUPPORT$634k
MEDICAL UNIV OF SCCHARLESTON, SCGENERAL SUPPORT$600k
PHILA RONALD MCDONALD HOUSEPHILADELPHIA, PAGENERAL SUPPORT$578k
CAMP SUNSHINEDECATUR, GAGENERAL SUPPORT$440k
BEYOND BLINDNESS OF ORANGE CTYSANTA ANA, CAGENERAL SUPPORT$400k
CATERINA'S CLUBANAHEIM, CAGENERAL SUPPORT$400k
STEP2 MENTAL HLTH SERVICESRENO, NVGENERAL SUPPORT$400k
CRISTO REY HS SACRAMENTOSACREMENTO, CAGENERAL SUPPORT$300k
UNIVERSITY OF NOTRE DAMESOUTH BEND, INGENERAL SUPPORT$300k
NAVAL POST GRADUATE SCHOOL FOUNDATIONMONTEREY, CAGENERAL SUPPORT$254k
CRISTO REY JESUIT HS ORANGE COUNTYSANTA ANA, CAGENERAL SUPPORT$250k
DOGS INCPALMETTO, FLGENERAL SUPPORT$250k
NORTH COUNTY LIFELINE INCOCEANSIDE, CAGENERAL SUPPORT$250k
ST JEANNE DE LESTONNAC FREE CLINICORANGE, CAGENERAL SUPPORT$225k
THE GATHERING PLACE INCBRUNSWICK, GAGENERAL SUPPORT$215k
Compare this foundation's grantees

Held roughly steady
over 3 years

From $300k in 2020 to $308k in 2023.

$300k
2020
$301k
2022
$308k
2023
In today's dollarsEst.
Down 11% in real terms$386k to $344k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 12% from 2022 to 2023, while revenue fell 52%.

$301k in 2022 to $265k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about DAVID R CLARE & MARGARET C CLARE FOUNDATION

What does the Board Member of DAVID R CLARE & MARGARET C CLARE FOUNDATION earn?

In 2023, the Board Member of DAVID R CLARE & MARGARET C CLARE FOUNDATION received $264,550 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at DAVID R CLARE & MARGARET C CLARE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2023 pay of the Board Member at DAVID R CLARE & MARGARET C CLARE FOUNDATION falls in the top 10%. In 2023, the highest total compensation at DAVID R CLARE & MARGARET C CLARE FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are DAVID R CLARE & MARGARET C CLARE FOUNDATION's revenue and expenses?

In 2023, DAVID R CLARE & MARGARET C CLARE FOUNDATION reported $653k in total revenue and $22.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.