THE EDNA MCCONNELL CLARK FOUNDATION

NEW YORK, NY · EIN 237047034 · Form 990PF · FY2021 · Micro (<$100K)

revenue

$-9.3M

expenses

$1.4M

net assets

employees

—

profile · synthesized from sources

The Edna McConnell Clark Foundation is a private foundation that provides large-scale grants to organizations focused on improving outcomes for disadvantaged youth. It funds national initiatives and intermediary partners that support service delivery in education, health, and economic opportunity. The foundation operates primarily by channeling funds through strategic grantees and collaboratives.

named programs · 2 · from sources

What they call their work

Blue Meridian Partners Initiative

Provides multi-year, unrestricted funding through Blue Meridian Partners to high-performing organizations serving disadvantaged youth

Harlem Children's Zone Support

Funds strategic planning and operations for comprehensive cradle-to-career services for children and families in underserved communities

activities · 7 groups

What they do

General Operating Support Grants 2 activities
- Funding Historically Black Colleges and Universities via the Schusterman Family Foundation
  
  Provides funding to the Charles and Lynn Schusterman Family Foundation specifically to support Historically Black Colleges and Universities (HBCUs).
- Funding general operations and grant disbursements through Blue Meridian Partners Inc
  
  Funds Blue Meridian Partners Inc to support general operations and the distribution of grants to other organizations, including advanced grant payments to grantees.
Summer Camp Access Scholarships 1 activity
- Funding Harlem Children's Zone's strategic initiatives and services for disadvantaged populations
  
  Provides grants to Harlem Children's Zone to support its 10-year strategic plan and ongoing programs serving disadvantaged children, youth, and families.
Art Museum Funding and Support 1 activity
- Funding arts and culture events at the Brooklyn Museum
  
  Supports the Brooklyn Museum’s 2022 Brooklyn Artists Ball, an event promoting local artists and cultural engagement.
Flexible Grants to Grassroots Organizations 1 activity
- Funding leadership development through the Center for Creative Leadership
  
  Finances the Center for Creative Leadership’s PropelNext 2.0 initiative, which supports nonprofit leadership development.
Hospital and Medical Center Support 1 activity
- Funding nurse home visitation programs through Nurse Family Partnership
  
  Supports Nurse Family Partnership’s scaling plan through grant awards, expanding evidence-based nurse home visitation services for at-risk families.
Capital Infrastructure Funding 1 activity
- Funding scientific research infrastructure at Woods Hole Oceanographic Institution
  
  Finances the EMCF Laboratory Renovation Fund at Woods Hole Oceanographic Institution to support scientific research capacity.
Uncategorized 1 activity
- Funding strategic consulting and philanthropic research through Bridgespan Group
  
  Provides grants to the Bridgespan Group for its Bridgespan Institute Restricted Fund, supporting research and strategy in the nonprofit sector.

financials · form 990PF · fy2021

revenue

Total revenue$-9.29M

Contributions & grants$0—

Program service revenue——

Investment income$3.90M—

Other revenue$-14.51M

expenses

Total expenses$1.42M

Program expenses—

Admin / overhead—

Fundraising—

Salaries & benefits$90K

Grants paid out$293.64M

balance sheet

Total assets$0

Cash—

Investments—

Liabilities—

Net assets$0

3 years on record · 2019–2021 · YoY revenue -111.7%

leadership · form 990 part vii · fy2021

Who runs it

paid leadership · 2

Name	Title	Hours/wk	Compensation
NANCY ROOB	PRESIDENT & TRUSTEE	5	$60K
RALPH STEFANO	CFO/ASST TREASURER/SECRETARY	5	$35K

board members · 2

MR H LAWRENCE CLARK — CHAIR
MR JAMES M CLARK JR — TRUSTEE, TREASURER

relationships · 8

Who they work with

BLUE MERIDIAN PARTNERS INC Partner — Receives grant payments for general operations and disbursements to grantees.
BRIDGESPAN GROUP Partner — Receives funding for the Bridgespan Institute Restricted Fund.
BROOKLYN MUSEUM Partner — Receives funding to support the 2022 Brooklyn Artists Ball.
CENTER FOR CREATIVE LEADERSHIP Partner — Receives funding for PropelNext 2.0.
CHARLES AND LYNN SCHUSTERMAN FAMILY FOUNDATION Partner — Receives funding to support Historically Black Colleges and Universities.
HARLEM CHILDREN'S ZONE Partner — Receives funding to support strategic plans and ongoing work with disadvantaged children, youth, and families.
NURSE FAMILY PARTNERSHIP Partner — Receives funding to support its scaling plan.
WOODS HOLE OCEANOGRAPHIC INSTITUTION Partner — Receives funding to support the EMCF Laboratory Renovation Fund.