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Filing year 2023

DAVID R CLARE & MARGARET C CLARE FOUNDATION C/O PORZIO BROMBERG & NEWMAN

Morristown, New Jersey·EIN 65-0300004·3
Total revenue
$653k
Total assets
$3.7M
Total expenses
$0
Reported officers
4

Executive compensation

Form 990-PF · Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

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.

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.
Financial trend

Revenue and expenses over time

DAVID R CLARE & MARGARET C CLARE FOUNDATION C/O PORZIO BROMBERG & NEWMAN reported revenue and expenses across 3 filing years.

RevenueExpenses
$23.7M
2020
$1.4M
2022
$653k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about DAVID R CLARE & MARGARET C CLARE FOUNDATION C/O PORZIO BROMBERG & NEWMAN

What does the Board Member of DAVID R CLARE & MARGARET C CLARE FOUNDATION C/O PORZIO BROMBERG & NEWMAN earn?

In 2023, the Board Member of DAVID R CLARE & MARGARET C CLARE FOUNDATION C/O PORZIO BROMBERG & NEWMAN received $264,550 in total compensation. This pay is in the top 10% for Board Member roles among nonprofits nationwide, across all sectors: 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 C/O PORZIO BROMBERG & NEWMAN compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at DAVID R CLARE & MARGARET C CLARE FOUNDATION C/O PORZIO BROMBERG & NEWMAN falls in the top 10%.

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