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Filing year 2024

LOUIS AND VIRGINIA CLEMENTE FOUNDATIONINC

Greenwich, Connecticut·EIN 51-0163549·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$110k
Total assets
$3.2M
Total expenses
$297k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. LOUIS AND VIRGINIA CLEMENTE FOUNDATIONINC reported 4 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$289k

Itemized grants

35

Median grant

$5k

RecipientLocationPurposeAmount
FRIENDS OF GLEN RIDGE LIBRARYGLEN RIDGE, NJUNRESTRICTED GRANT$20k
LONG ISLAND UNIVERSITY (COLLEGE OF PHARMACY AND HEALTH SCIENCES)BROOKLYN, NYUNRESTRICTED GRANT$20k
MAYO CLINIC FOR PARKINSON'S DISEASE RESEARCHROCHESTER, MNUNRESTRICTED GRANT$20k
PORTLAND ART MUSEUMPORTLAND, ORUNRESTRICTED GRANT$20k
SEMINARY OF THE SOUTHWESTAUSTIN, TXUNRESTRICTED GRANT$20k
BELLA MENTE QUANTUM RACING ASSOCIATIONMINNEAPOLIS, MNUNRESTRICTED GRANT$15k
FAMILY PROMISE OF TUALATIN VALLEYTIGARD, ORUNRESTRICTED GRANT$15k
PORTLAND COMMUNITY COLLEGE FOUNDATIONPORTLAND, ORUNRESTRICTED GRANT$15k
GREENWICH LIBRARYGREENWICH, CTUNRESTRICTED GRANT$12k
AMERICAN FRIENDS OF EPISCOPAL DIOCESE OF JERUSALEMDARIEN, CTUNRESTRICTED GRANT$10k
DOCTORS WITHOUT BORDERS USAHAGERSTOWN, MDUNRESTRICTED GRANT$10k
GREENWICH UNITED WAYGREENWICH, CTUNRESTRICTED GRANT$10k
LUKE'S HOUSE CLINICNEW ORLEANS, LAUNRESTRICTED GRANT$10k
SAVE THE SOUNDNEW HAVEN, CTUNRESTRICTED GRANT$10k
UNIVERSITY OF NEW ORLEANS FOUNDATIONNEW ORLEANS, LAUNRESTRICTED GRANT$10k
UNIVERSITY OF TEXAS (COLLEGE OF EDUCATION)AUSTIN, TXUNRESTRICTED GRANT$10k
FRIENDS OF WWOZNEW ORLEANS, LAUNRESTRICTED GRANT$9k
AMERICAN RED CROSS - DISASTER RELIEFBOONE, IAUNRESTRICTED GRANT$5k
FOUNDATION FOR TIGARD TUALATIN SCHOOLSTIGARD, ORUNRESTRICTED GRANT$5k
FRENCH QUARTER FESTIVALS INCNEW ORLEANS, LAUNRESTRICTED GRANT$5k
FRIENDS OF SEATON HACKNEYMORRISTOWN, NJUNRESTRICTED GRANT$5k
GREENWICH HISTORICAL SOCIETYCOS COB, CTUNRESTRICTED GRANT$5k
NEIGHBOR TO NEIGHBORGREENWICH, CTUNRESTRICTED GRANT$5k
PACIFIC HOUSESTAMFORD, CTUNRESTRICTED GRANT$5k
SHARING THE ARTSRIDGEWOOD, NJUNRESTRICTED GRANT$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

LOUIS AND VIRGINIA CLEMENTE FOUNDATIONINC reported revenue and expenses across 2 filing years.

RevenueExpenses
$37k
$228k
2023
$110k
$297k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Connecticut

LOUIS AND VIRGINIA CLEMENTE FOUNDATIONINC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Connecticut earns a median of $31,500.

25th percentile
$8k
Median
$31,500
75th percentile
$95k
90th percentile
$218k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 377 organizations across 377 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Connecticut
FAQ

Common questions about LOUIS AND VIRGINIA CLEMENTE FOUNDATIONINC

What are LOUIS AND VIRGINIA CLEMENTE FOUNDATIONINC's revenue and expenses?

In 2024, LOUIS AND VIRGINIA CLEMENTE FOUNDATIONINC reported $110k in total revenue and $297k 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.