Funder DirectoryALBERT B AND VERA CLEMENT CHARITABLE TRU
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All organizations not elsewhere classifiedEIN 421214336Est. 0000-00

ALBERT B AND VERA CLEMENT CHARITABLE TRU

MITCHELLVILLE, IA 50169

Accepts unsolicited proposals

Total Assets

$2.0M

FY 2022

Annual Giving

$86K

FY 2022

Grants Made

10

FY 2022

Avg Grant

$9K

FY 2022

Grant Range

$2K–$19K

Typical

Deadlines

Applications must be submitted by nove…

Applications

Programs & Activities

Program 1

Mitchellville Library - Contribution toward the operations of the Mitchellville Public Library which serves the community and senior citizens of the town and surrounding areas.

Program 2

Community Centers support - Contributions toward the operating expenses of the senior citizens center or community centers in the small rural communities of Colfax, Mitchellville, Bondurant, Mingo, and Baxter, Iowa.

Program 3

Graham cemetery grant

Program 4

Mingo library

Financial Snapshot

2022 filing

Total Revenue

$47K

Total Expenses

$114K

Qualifying Distributions

$94K

Distributable Amount

$102K

Min. Investment Return

$102K

Undistributed Income

$42K

Payout rate 92%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.92%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

10 grants

Grant sizes from minimum $2K through median $7K to maximum $19K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2019 to 2022. Peak $156K in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

39 grants

MONROE SENIOR COMMUNITY CENTER INC
$100K
1 grant
Mitchellville Library
$57K
3 grants
Mitchellville Comm Senior Center
$47K
4 grants
Mingo Comm Senior Citizens
$26K
4 grants
CITY OF BAXTER
$19K
2 grants
PRAIRIE CITY PUBLIC LIBRARY
$19K
2 grants
MAXWELL COMMUNITY CENTER
$17K
3 grants
Baxter Community Center
$16K
1 grant

Grant Size Distribution

39 grants

<$10K
29
grants
$10–50K
9
grants
$50–250K
1
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Iowa
$410K
100% of total

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