Private Foundation

THE CLARK NEXSEN FOUNDATION INC

THE CLARK NEXSEN FOUNDATION INC, of VIRGINIA BEACH, VA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $168K in revenue, $163K in expenses, $1K in total assets. IRS filings disclose 307 grants awarded by this foundation, totaling roughly $1.0M.

EIN: 262652520 VIRGINIA BEACH, VA Latest filing: 2024
Total Revenue$168K
Total Expenses$163K
Total Assets$1K
Grants Given307
Grant Total$1.0M
Filing Years2019–2024

Sample Grants Given

AIA NC HURRICANE HELENE RELIEF
RALEIGH, NC · 2024
PROGRAM SUPPORT
$10,000
VIRGINIA ARTS FESTIVAL
NORFOLK, VA · 2024
PROGRAM SUPPORT
$10,000
WESTERN NC REGIONAL EDUCATION FDN
ASHEVILLE, NC · 2024
PROGRAM SUPPORT
$10,000
VIBE CREATIVE DISTRICT
VIRGINIA BEACH, VA · 2024
PROGRAM SUPPORT
$7,500
AMERICAN CANCER SOCIETY
VIRGINIA BEACH, VA · 2024
PROGRAM SUPPORT
$5,396

Showing up to 5 of 307 total records — full history available with membership.

Officers & Directors

DIRECTOR Chad Poultney
DIRECTOR Jason Jones
DIRECTOR Jennifer Heintz
DIRECTOR Rebecca Brady
DIRECTOR Susan Drew
DIRECTOR Wade Williams

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED CONTRIBUTION
$630,345 145 grants
PROGRAM SUPPORT
$208,534 93 grants
COMPANY MATCHES FOR EMPLOYEES
$40,006 2 grants
DAY OF GIVING, ROBERT GIBSON SUPPORT, & SCHOLARSHIPS
$11,060 2 grants
SILVER SPONSOR - 2022 VA ARTS FEST
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $168K $163K $1K
2023 $135K $136K $264
2022 $85K $108K $1K
2020 $91K $76K $29K
2019 $194K $189K $13K

Between 2019 and 2024, reported annual revenue declined from $194K to $168K (-13%), with total assets most recently reported at $1K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in DC, GA, IA, MD, MS, NC, and 4 other states.

DCGAIAMDMSNCNYOHOKRI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE CLARK NEXSEN FOUNDATION INC

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