Skip to content

North Carolina · Nonprofit

GiveClear Foundation

GiveClear Foundation (North Carolina) receives grants from 16 organizations whose IRS filings report $161,515,260 to it, the largest being IMPACTASSETSINC ($86,038,909). 5 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly. GiveClear Foundation administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

Revenue FY2024
$215M
Funders on record
16
Grants received
$162M
Net assets
$215M
5/16 repeat funders

Hosts funds for others

GiveClear Foundation administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programGiveClear Foundation runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$32M

Recipients

820

Contributions on record

$162M

Donors on record

17

Payments out are 0.20x the contributions on record, so the balance accumulates rather than passing straight through.

01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($403k) Expenses 100 ($244k) Net assets 100 ($13k)2019 Revenue 126 ($508k) Expenses 150 ($366k) Net assets 1223 ($159k)2020 Revenue 253 ($1.0M) Expenses 323 ($787k) Net assets 2922 ($381k)2021 Revenue 178 ($716k) Expenses 258 ($630k) Net assets 4032 ($525k)2022 Revenue 704 ($2.8M) Expenses 323 ($787k) Net assets 20323 ($2.6M)2023 Revenue 6582 ($27M) Expenses 1649 ($4.0M) Net assets 196472 ($26M)2024 Revenue 53337 ($215M) Expenses 13770 ($34M) Net assets 1650398 ($215M)
2018201920202021202220232024
Revenue (53337)Expenses (13770)Net assets (1650398)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $26M to $215M (+740%).

$23k
$286k
$489k
$617k
$2.7M
$26M
$215M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.

$159k
’18
$142k
’19
$231k
’20
$86k
’21
$2.1M
’22
$22M
’23
$181M
’24
15
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Robert Bales

Executive Director

Board chair

Wes Long

Board Chair, Treasurer

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

201820192020202120222024
Listed478467
Joined·+5+2+0+3·
No longer listed·2141·
02Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $3k → $12M.

14 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $31k from one payer (the same organization on both sides, largest GiveClear Foundation). These are real filings, and they are not money GiveClear Foundation raised.

From the IRS filings of GiveClear Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

99% of GiveClear Foundation's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.5M that is directly attributable, 100% of it comes from funders outside North Carolina, across 2 states.

TN
SC

Funder states come from each funder’s own filing. $160M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field
04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

67%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 37 states

AK
ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
NV
OH
PA
NJ
CT
RI
CA
UT
CO
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
OK
MS
AL
GA
FL

Part of a family of 1 related entity

  • GiveClear Global · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for GiveClear Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GiveClear Foundation?
GiveClear Foundation (North Carolina) receives grants from 16 organizations whose IRS filings report $161,515,260 to it, the largest being IMPACTASSETSINC ($86,038,909). 5 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly. GiveClear Foundation administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does GiveClear Foundation have?
IRS filings report 16 organizations giving $161,515,260 in grants to GiveClear Foundation, 5 of which have funded it in more than one year.
Who is the largest funder of GiveClear Foundation?
IMPACTASSETSINC is the largest funder on record, with $86,038,909 in grants. The full list of funders is on this page.
How can an organization like GiveClear Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing