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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
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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.