Mission
TO SUPPORT UNIQUE LEARNING OPPORTUNITIES AND PROMOTE INNOVATIVE TEACHING AND PROFESSIONAL DEVELOPMENT WITHIN THE SCHOOL SYSTEMS OF PORTSMOUTH, NEW HAMPSHIRE AND SURROUNDING SCHOOL SYSTEMS.
Public Charity
CLIPPER FOUNDATION
Based in NEW CASTLE, NH, CLIPPER FOUNDATION operates as a Public Charity. The organization reported $53K in revenue, $829 in expenses, $2.0M in total assets for fiscal year 2025. Imperigo tracks 6 reported grants from this foundation totaling approximately $60K.
EIN: 271296285
NEW CASTLE, NH
Fund Raising & Fund Distribution
NTEE: B12
Latest filing: 2025
Total Revenue$53K
Total Expenses$829
Total Assets$2.0M
Grants Given6
Grant Total$60K
Filing Years2020–2025
Where $100 goes at Clipper Foundation
How Clipper Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
To provide funding for multiple grants to various seacoast schools
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
NH SAU 52 PORTSMOUTH SCHOOL DISTRICT
TO SUPPORT UNIQUE LEARNING OPPORTUNITIES AND PROMOTE INNOVATIVE TEACHING AND PROFESSIONAL DEVELOPMENT WITH THE SCHOOL SYSTEM
$37,661
LITTLE HARBOUR SCHOOL PORTSMOUTH SCHOOL DISTRICT
FUNDING FOR STEAM LAB, KIBO ROBOTS & TABLETS
$6,983
PORTSMOUTH ELEMENTARY SCHOOLS PORTSMOUTH SCHOOL DISTRICT
FUNDING FOR ROBOTICS PROGRAMS FOR GRADES 4 & 5 STUDENTS
$6,000
PORTSMOUTH ELEMENTARY SCHOOLS PORTSMOUTH SCHOOL DISTRICT
FUNDING FOR COLLABORATION WITH HISTORICAL SOCIETY TO EDUCATE GRADE 3 STUDENTS ON LOCAL HISTORY
$5,279
PORTSMOUTH HIGH SCHOOL PORTSMOUTH SCHOOL DISTRICT
FUNDING FOR SUMMER READING PROGRAM "CLIPPERS READ!"
$3,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
SECRETARY
David A Splaine
VICE PRESIDENT
Jessica Blasko
PRESIDENT
Lynda Schmidt
VICE PRESIDENT
Stu Levenson
TREASURER
Tim Driscoll
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $53K | $829 | $2.0M |
| 2024 | $49K | $1K | $1.7M |
| 2023 | $53K | $7K | $1.5M |
| 2022 | $28K | $10K | $1.3M |
| 2020 | $36K | $43K | $1.3M |
Between 2020 and 2025, reported annual revenue grew from $36K to $53K (+44%), with total assets most recently reported at $2.0M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NH.
NH
Full geographic grant map with state-by-state breakdown available with membership.