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Illinois · Private foundation

Clearing Corporation Charitable Foundation

Its FY2020 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$6.2M
Granted FY2020
17
Grants FY2020
17
Organizations funded FY2020
65%
First-time grantees FY2020
Read the full brief
Median grant, FY2020
$152,500
Largest grant, FY2020
$2,352,650
Organizations funded a year
7 to 20
FY2017 to FY2020
States reached, FY2020
8
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2020, 65% of the organizations Clearing Corporation Charitable Foundation funded were first-time grantees, receiving 94% of its grant dollars.

New vs renewed · share of each year

In FY2020, 6% of grant dollars renewed an existing relationship; $5.8M went to new ones.

50%100%’18’19’20
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20
Human ServicesYouth DevelopmentRecreation & SportsEducationInternationalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY202017$6.2M65%
FY201910$606k50%
FY20187$2.5M29%
FY201720$5.1Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2020.

Education$7.9MPhilanthropy$2.5MReligion$1.6MHealth$1.1MYouth Development$410kRecreation & Sports$258kInternational$198kFood & Nutrition$163kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

MN
IL
NY
MA
IN
OH
NJ
AZ
NC
TX

Top grantees

Largest recipients by total granted, FY2017 to FY2020, and the share of each one’s budget the grants supplied at peak.

Show all 26 grantees

Plus 12 recipients with no EIN on record ($7.7M), not named here.

Where it is load-bearing

Clearing Corporation Charitable Foundation supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 24 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetRutgers University Foundation: $1,705,000 over 3y, 0.7% of budgetUniversity of Illinois Foundation: $1,098,351 over 1y, 0.4% of budgetRoosevelt University: $1,040,000 over 1y, 0.6% of budgetMake-A-Wish Foundation of America: $350,000 over 1y, 0.3% of budgetScholarship America Inc: $350,000 over 1y, 1.2% of budgetMount Sinai Health System Inc: $350,000 over 1y, 0.6% of budgetUnion League Boys and Girls Clubs: $230,000 over 3y, 2.2% of budgetMedecins Sans Frontieres USA Inc: $197,500 over 1y, 0.0% of budgetIllinois Institute of Technology: $150,000 over 2y, 0.0% of budgetNorthwestern University: $150,000 over 1y, 0.0% of budgetPathway to Adventure Council Inc Boy Scouts of America: $135,000 over 3y, 0.6% of budgetBreakthrough New York Inc: $110,000 over 2y, 3.6% of budgetWestern Dupage Sra Foundation: $107,500 over 1y, 18% of budgetFamily Matters Inc: $100,000 over 1y, 10% of budgetSussex County Agricultural Society: $100,000 over 1y, 97% of budgetRay Graham Association for People With Disabilities: $75,000 over 1y, 0.3% of budgetFirst Workings Inc: $75,000 over 1y, 12% of budgetGreater Chicago Food Depository: $63,480 over 3y, 0.0% of budgetBoomer Esiason Foundation: $40,000 over 2y, 0.4% of budgetTutoring Chicago: $25,000 over 1y, 3.2% of budgetDaniel Murphy Scholarship Fund: $25,000 over 1y, 0.7% of budgetNew York Law School: $25,000 over 1y, 0.1% of budgetSussex County Community College Foundation: $25,000 over 1y, 6.7% of budgetA Leg to Stand on Inc: $20,000 over 2y, 1.7% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 24.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

AbbVie FoundationIL11.5× affinity4 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: AbbVie Foundation · The Chicago Community Trust · Jpmorgan Chase Foundation · The Bank of America Charitable Foundation Inc · Charities Aid Foundation America · Renaissance Charitable Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc · National Philanthropic Trust · The Blackbaud Giving Fund · American Online Giving Foundation Inc · American Endowment Foundation · Donor Advised Charitable Giving Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Clearing Corporation Charitable Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Clearing Corporation Charitable Foundation?

Find your warmest path to Clearing Corporation Charitable Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Clearing Corporation Charitable Foundation

How much does Clearing Corporation Charitable Foundation give?
Clearing Corporation Charitable Foundation reported 17 grants totaling $6,201,310 in its FY2020 IRS filing. It funded between 7 and 20 organizations a year over FY2017 to FY2020.
What does Clearing Corporation Charitable Foundation fund?
By grant dollars over FY2017 to FY2020, its largest causes are Education (55%), Philanthropy (17%), Religion (11%).
Who are Clearing Corporation Charitable Foundation's largest grantees?
By total granted over FY2017 to FY2020: Rutgers University Foundation ($1.7M), University of Illinois Foundation ($1.1M), Roosevelt University ($1.0M).
Does Clearing Corporation Charitable Foundation fund new organizations?
In FY2020, 65% of the organizations it funded were first-time grantees.
Does Clearing Corporation Charitable Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Clearing Corporation Charitable Foundation?
Its strongest co-funders, measured against what their size predicts, include AbbVie Foundation, The Chicago Community Trust, Jpmorgan Chase Foundation.
Where is Clearing Corporation Charitable Foundation based?
Clearing Corporation Charitable Foundation is based in IL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 38 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2020, released 2020. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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