Private Foundation

DAVID R CLARE & MARGARET C CLARE FND

DAVID R CLARE & MARGARET C CLARE FND is a Private Foundation headquartered in PARSIPPANY, NJ. Financial data from the 2025 filing: $44K revenue, $3.3M expenses, $462K total assets. IRS filings disclose 354 grants awarded by this foundation, totaling roughly $74.9M.

EIN: 650300004 PARSIPPANY, NJ Latest filing: 2025
Total Revenue$44K
Total Expenses$3.3M
Total Assets$462K
Grants Given354
Grant Total$74.9M
Filing Years2021–2025

Sample Grants Given

NORTH COUNTY LIFELINE INC
OCEANSIDE, CA · 2024
GENERAL SUPPORT
$970,430
GULF COAST JUNIOR GOLF TOUR
NAPLES, FL · 2024
GENERAL SUPPORT
$970,330
DAVID R CLARE JR DAVID CLARE FOUNDATION
INDIANAPOLIS, IN · 2024
GENERAL SUPPORT
$460,000
ROBERT HINTON DRC MCC FAMILY FUND
NEW YORK, NY · 2024
GENERAL SUPPORT
$460,000
DRC & MCC DONOR ADVISED FUND MATTHEW D HINTON
NEW YORK, NY · 2024
GENERAL SUPPORT
$160,000

Showing up to 5 of 354 total records — full history available with membership.

Officers & Directors

MANAGING DIRECTOR & TRUSTE Carol A Clare
MANAGING DIRECTOR & TRUSTEE David R Clare Jr
REGIONAL DIRECTOR & TRUSTE Matthew D Hinton
REGIONAL DIRECTOR & TRUSTE Robert B Hinton Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$74,353,804 346 grants
GENERL SUPPORT
$560,000 8 grants

Financial Trends

Year Revenue Expenses Assets
2025 $44K $3.3M $462K
2024 $653K $22.5M $3.7M
2023 $1.4M $23.9M $27.0M
2022 $6.7M $15.4M $50.3M
2021 $23.7M $10.6M $59.3M

Between 2021 and 2025, reported annual revenue declined from $23.7M to $44K (-100%), with total assets most recently reported at $462K.

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

Grant Geography

Grants from this foundation were reported to recipients in CA, DE, FL, GA, IN, KY, and 4 other states.

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

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