Funder DirectoryTHE CLARK NEXSEN FOUNDATION INC
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Private foundation (trust)EIN 262652520Est. 2008-08

THE CLARK NEXSEN FOUNDATION INC

VIRGINIA BEACH, VA 23462

Total Assets

$264

FY 2023

Annual Giving

$134K

FY 2023

Grants Made

45

FY 2023

Avg Grant

$3K

FY 2023

Grant Range

$184–$22K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$135K

Total Expenses

$136K

Qualifying Distributions

$136K

Distributable Amount

$851

Min. Investment Return

$851

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

45 grants

Grant sizes from minimum $184 through median $2K to maximum $22K, 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

3 years

Giving over time from 2020 to 2023. Peak $134K in 2023. Hover bars for details.

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

Top Recipients

90 grants

ODU ED FOUNDATION
$54K
2 grants
OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION
$31K
1 grant
NC STATE FOUNDATION
$26K
3 grants
VIRGINIA ARTS FESTIVAL
$20K
2 grants
THE AMERICAN CANCER SOCIETY
$10K
1 grant
TCC EDUCATIONAL FOUNDATION
$7K
2 grants
VMI FOUNDATION
$7K
2 grants
THE AMERICAN CANCER SOCIETY - SOUTH ATLANTIC DIVISION
$5K
1 grant

Grant Size Distribution

90 grants

<$10K
87
grants
$10–50K
3
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

Virginia
$195K
62% of total
North Carolina
$85K
27% of total
Georgia
$12K
4% of total
Maryland
$11K
3% of total
Rhode Island
$5K
2% of total
Tennessee
$5K
2% of total
Oklahoma
$3K
1% of total
New York
$25
0% of total

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THE CLARK NEXSEN FOUNDATION INC — Grants, Financials & Contact | Grantivo