Skip to content

· 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
8
States reached
$2.4M
Largest
01What it funds
01100% 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
02FY2020 · 17 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2020

  • $10k–50k4 grants · $104k
  • $50k–250k7 grants · $893k
  • $250k+6 grants · $5.2M
$152,500
Median grant
8
States reached
$0
Total assets
Largest grants
RecipientAmount
THE CLEARING CORPORATION CHARITABLE FUND$2,352,650
DAWLEY CHARITABLE FUND$1,552,500
MOUNT SINAI HEALTH SYSTEM$350,000
SCHOLARSHIP AMERICA$350,000
MAKE-A-WISH FOUNDATION OF AMERICA$350,000
HEALEY CENTER FOR ALS$250,000
DOCTORS WITHOUT BORDERS$197,500
RUTGERS UNIVERSITY FOUNDATION$155,000
THE FILLER FAMILY CHARITABLE GIVING ACCOUNT$152,500
WESTERN DUPAGE SPECIAL RECREATION ASSOCIATION FOUNDATION$107,500
PURDUE FOUNDATION$100,000
SUSSEX COUNTY AGRICULTURAL SOCIETY$100,000
UNION LEAGUE BOYS AND GIRLS CLUB$80,000
ROOSEVELT UNIVERSITY FOR THE HCB DEANS FUND FOR EXCELLENCE$37,500
PATHWAY TO ADVENTURE COUNCIL$35,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY19–20, $425k) land where the poverty rate runs at 17%, against an area that typically sits at 9%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%FIRST WORKINGS: $75k → 17%MOUNT SINAI HEALTH SYSTEM: $350k → 17%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

MN
IL
NY
MA
IN
OH
NJ
AZ
NC
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 77% of Clearing Corporation Charitable Foundation’s grant dollars are earmarked for a different county than the recipient’s own address. By recipient address, 53% of the giving stays in IL; by stated purpose, 19%.

Clearing Corporation Charitable Foundationlessmore of its giving
Placed by recipient address
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

33%of every dollar goes to organizations it has funded before.
$4.7M · 11 repeat orgs$9.7M to everyone else

Grantees it renews have grown median revenue +37% since the first grant, against +34% for those funded once.

11 repeat relationships: 6 still active in FY2020, 5 since wound down; 11 grantees were first funded in FY2020 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

11
16

Total granted

$4.7M
$3.9M

Median revenue growth · since first grant

+37%
+34%

Still filing today

73%
69%

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%’17’18’19’20
RenewedFirst-time

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

’17’18’19’20
EducationHuman ServicesRecreation & SportsYouth DevelopmentInternationalCommunity ImprovementOther
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.

Backed again, and grew

  • UL
    UNION LEAGUE BOYS AND GIRLS CLUBS
    3× · 2018–2020 · $230k · revenue +83%
  • II
    Illinois Institute of Technology
    2× · 2017–2019 · $150k · revenue +27%
  • BN
    BREAKTHROUGH NEW YORK INC
    2× · 2017–2019 · $110k · revenue +37%

Funded once

  • University of Illinois Foundationgraduated
    one grant, 2017 · $1.1M · revenue +127%
  • RU
    Roosevelt University
    one grant, 2017 · $1.0M · revenue -25%
  • ES
    EVANS SCHOLARS FOUNDATION
    one grant, 2017 · $1.0M
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
2
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
3
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
4
Columbia College Chicago

The organization's mission is to educate students for creative occupations in diverse fields of arts and media.

Education
5
Columbia College

Columbia college improves lives by providing quality education to both traditional and nontraditional students, helping them achieve their true potential.

Education
6
Manhattanville University

To educate students to be ethical and socially responsible leaders in a global community.

Education
7
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
8
National Association of College and University Attorneys

To advance the practice of higher education attorneys for the benefit of the institutions they serve.

—
9
Stony Brook Surgical Associates University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
10
The Uc Davis Foundation

The mission of the uc davis foundation is to secure, steward and manage private gifts for uc davis.

Education
11
Massachusetts Higher Education Assistance Corporation

The organization's primary exempt purpose is to provide access to and conduct activities in furtherance of higher education.

—
12
Northeast College of Health Sciences

Northeast college of health sciences (the college) is committed to academic excellence, leadership, and professional best practices in the health sciences.

Education
How this is measured
The grantee most central to the portfolio’s shape is Make-a-Wish Foundation of America; the most unlike its peers is Sussex County Agricultural Society. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

25 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 25 of the 38 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
6
Early backer (in before they grew)
24/25
Grantees still filing
19/25
Grew since first funded

Where the money sits, by cause and then by grantee

THE CLEARING CORPORATION CHARITABLE FUND: $2,352,650 · OtherTHE CLEARING CORPORATION CHARITABLE FUNDPURDUE FOUNDATION: $1,600,000 · OtherPURDUE FOUNDATIONDAWLEY CHARITABLE FUND: $1,552,500 · OtherDAWLEY CHARITABLE FUNDRoosevelt University: $1,040,000 · OtherRoosevelt UniversityEVANS SCHOLARS FOUNDATION: $1,000,000 · OtherEVANS SCHOLARS FOUNDATIONNORTHWESTERN UNIVERSITY FOUNDATION: $500,000 · OtherMAKE-A-WISH FOUNDATION OF AMERICA: $350,000 · Other+16 more: $1,278,480 · Other+16 moreRUTGERS UNIVERSITY FOUNDATION: $1,705,000 · EducationRUTGERS UNIVERSITY FOUNDATI…University of Illinois Foundation: $1,098,351 · EducationUniversity of Illinois Foun…SCHOLARSHIP AMERICA INC: $350,000 · EducationSCHOLARSHIP AMERICA INCIllinois Institute of Technology: $150,000 · Education+3 more: $185,000 · EducationMOUNT SINAI HEALTH SYSTEM INC: $350,000 · Human ServicesFIRST WORKINGS INC: $75,000 · Human ServicesNorthwestern University: $150,000 · Recreation & SportsWESTERN DUPAGE SRA FOUNDATION: $107,500 · Recreation & SportsUNION LEAGUE BOYS AND GIRLS CLUBS: $230,000 · Youth DevelopmentA LEG TO STAND ON INC: $20,000 · Youth DevelopmentMEDECINS SANS FRONTIERES USA INC: $197,500 · InternationalFAMILY MATTERS INC: $100,000 · Community Improvement
Other$9,673,630Education$3,488,351Human Services$425,000Recreation & Sports$257,500Youth Development$250,000International$197,500Community Improvement$100,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

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
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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.

How much its grantees rely on government

Each dot is one organization Clearing Corporation Charitable Foundation funds: left to right is the share of its income from government, bottom to top the share from Clearing Corporation Charitable Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 20%6%25%56%100%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →median 0%
  • Rutgers University Foundation: 0% of income from government
no gov moneyreceives it· size = income
2get no government money at all
8report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–20%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

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.

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

Play a game based on Clearing’s filings →

More from the funding graph