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The Edna McConnell Clark Foundation

Profile

Last profile update: 04/11/2017
Last grant data update: 05/13/2017

At A Glance

The Edna McConnell Clark Foundation

415 Madison Ave., 10th Fl.

New York City, NY United States 10017-7949

Telephone: (212) 551-9100

URL: www.emcf.org

Type of Grantmaker

Independent foundation

EIN

237047034

BRIDGE Number

2205336379

Background

Incorporated in 1950 in NY and 1969 in DE; the NY corporation merged into the DE corporation in 1974 - Mrs. Clark was the daughter of David H. McConnell, founder in 1886 of the cosmetics company now known as Avon Products, Inc. Mr. Clark joined Avon in 1922 and was elected chairman of the board in the 1950s. As Avon prospered, Mr. and Mrs. Clark decided to put some of their resources into a small family foundation. In 1969, the Clarks donated enough Avon stock to double the size of the foundation.

Purpose and Activities

The foundation focuses on strengthening nonprofit youth development organizations so they can better serve more young people with high-quality programs. The foundation's approach to grantmaking is primarily focused on individual institutions. Key to the foundation's approach is a comprehensive, multistage process used to identify promising youth development organizations, assess their overall capabilities, and subsequently invest in the growth of those organizations most capable of benefiting from this kind of support. With a deep desire to improve the lives of many more disadvantaged children and youth, the foundation's trustees have decided to "sunset" the foundation and spend all of its resources (approximately $1 billion) over the next decade. Through this period of dramatically accelerated giving, it will continue to provide large infusions of growth capital to effective nonprofits and their visionary leaders.