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The Clark Foundation

Profile

Last Updated: 2016-07-17

At A Glance

The Clark Foundation

1 Rockefeller Plz., 31st Fl.

New York City, NY United States 10020-2102

Telephone: (212) 977-6900

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $581,229,908

Total giving: $19,232,313

EIN

135616528

BRIDGE Number

2073669198

Background

Incorporated in 1931 in NY; merged with Scriven Foundation, Inc. in 1973

Purpose and Activities

Support for a hospital and museums in Cooperstown, New York; grants also for charitable and educational purposes, including undergraduate scholarships to students residing in the Cooperstown area. The foundation owns and supports the Clark Sports Center, which is located in Cooperstown. Support also for educational, youth, cultural, and community organizations and institutions in New York City.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Grants for medical and convalescent care to financially needy individuals who are primarily patients at the Mary Imogene Bassett Hospital in Cooperstown, NY.

Program-Related Investment

The foundation has made a PRI in the form of a loan to help establish a working capital loan fund that allows foundation grantees to make short-term cash flow loans. Historically, the foundation has made a PRI, in the form of loans to a sports museum and a home for the elderly for renovations.

Susan V. Clark Fund

Grants for medical and convalescent care to financially needy individuals who are primarily patients at the Mary Imogene Bassett Hospital in Cooperstown, NY.

The Clark Foundation Fellowship Program

The program provides grants to exceptional undergraduate students to assist them in preparing for positions of leadership in community-based nonprofit organizations in New York City. The program provides a $30,000 award, which includes a salary stipend and tuition assistance toward an appropriate Master’s degree at a university in New York City. Candidates must be nominated by their undergraduate institutions and payment is made to the institution, not the individual. Applications from individuals to the foundation are not accepted.

Fields of Interest

Subjects
  • Child welfare
  • Education
  • Employment
  • Human services
  • Museums
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Low-income and poor people
  • Students
  • Young adults

Financial Data

Year ended 2014-12-31

Assets: $581,229,908 (market value)

Gifts received: $200

Expenditures: $33,197,721

Total giving: $19,232,313

Qualifying distributions: $29,781,897