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Filing year 2024

THE GLADYS AND FRANKLIN CLARK FOUNDATION

Williamsburg, Virginia·EIN 54-1640751·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$721k
Total assets
$6M
Total expenses
$379k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

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

Treasurer/director
Unclassified
$20k
$21k
President/director
Board President
25th percentile to median
$20k
$21k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE GLADYS AND FRANKLIN CLARK FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
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 2024 Form 990-PF, Part XV.

Total granted

$250k

Itemized grants

4

Median grant

$50k

RecipientLocationPurposeAmount
COLONIAL WILLIAMSBURG FOUNDATIONWILLIAMSBURG, VAENCOURAGES AUDIENCES TO LEARN FROM THE PAST THROUGH PRESERVATION OF 18TH-CENTURY WILLIAMSBURG$100k
CHILD DEVELOPMENT RESOURCESWILLIAMSBURG, VAINSPIRE AND EMPOWER CHILDREN, FAMILIES AND EARLY CHILDHOOD PROFESSIONALS TO REACH THEIR FULL POTENTIAL$50k
COLONIAL WILLIAMSBURG FOUNDATIONWILLIAMSBURG, VAENCOURAGES AUDIENCES TO LEARN FROM THE PAST THROUGH PRESERVATION OF 18TH-CENTURY WILLIAMSBURG$50k
MUSCARELLE MUSEUM OF ART FOUNDATIONWILLIAMSBURG, VAPROVIDES A DYNAMIC ENVIRONMENT FOR EXPLORING ART AT ALL LEVELS OF EXPERIENCE AND INTEREST$50k
Compare this foundation's grantees

Held steady
from 2023

From $20k in 2023 to $20k in 2024.

$20k
2023
$20k
2024
In today's dollarsEst.
Down 3% in real terms$22k to $21k

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

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 342%.

$20k in 2023 to $20k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 THE GLADYS AND FRANKLIN CLARK FOUNDATION

What does the Board President of THE GLADYS AND FRANKLIN CLARK FOUNDATION earn?

In 2024, the Board President of THE GLADYS AND FRANKLIN CLARK FOUNDATION received $20,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE GLADYS AND FRANKLIN CLARK FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia, the 2024 pay of the Board President at THE GLADYS AND FRANKLIN CLARK FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at THE GLADYS AND FRANKLIN CLARK FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE GLADYS AND FRANKLIN CLARK FOUNDATION's revenue and expenses?

In 2024, THE GLADYS AND FRANKLIN CLARK FOUNDATION reported $721k in total revenue and $379k 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.