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CLOVER FOUNDATION

NEW YORK, NY · EIN 742390003 · Form 990PF · FY2024 · Medium ($1M-$10M)
revenue
$8.1M
expenses
$1.2M
net assets
$130.8M
employees
profile · synthesized from sources

CLOVER FOUNDATION is a private foundation based in New York that provides grants to educational and religious institutions globally. The organization supports operating expenses, academic programs, and facility improvements for affiliated and like-minded organizations, with a focus on institutions connected to Catholic and faith-based networks. In 2024, it distributed over $3 million in grants across multiple countries.

named programs · 4 · from sources

What they call their work

Academic Awards and Seminars
Funds awards and summer academic programs at institutions such as the University of Piura and the Witherspoon Institute
Facility Improvement Grants
Supports capital and renovation projects for religious and educational buildings, such as those in Helsinki
Operating Expense Grants
Provides multi-year operating support to educational institutions, particularly those affiliated with Catholic networks
Youth Service Support
Grants to support youth engagement in service projects, particularly in Latin America and the Caribbean
activities · 6 groups

What they do

  • University-Specific Endowment and Program Funding 3 activities
    • Funding operating expenses for Pontificia Universita della Santa Croce
      Provides financial support for the operating expenses of Pontificia Universita della Santa Croce during the 2023 and 2023–24 academic years.
    • Funding summer seminars at The Witherspoon Institute
      Supports summer seminars at The Witherspoon Institute in 2024, including the Schreyer Summer programs funded in 2023.
    • Funding the Esteban Campodonico Award at the University of Piura
      Supports the Esteban Campodonico Award at the University of Piura through grants awarded in 2023 and 2024.
  • Private K–12 School Support 1 activity
    • Funding Montefalco School through Asociacion Cultural Internacional AC
      Provides financial support for Montefalco School via Asociacion Cultural Internacional AC in both 2023 and 2024.
  • Jewish Religious Institution Support 1 activity
    • Funding building repairs and renovations for the Diocese of Helsinki
      Provides grants to support building repairs and renovations within the Diocese of Helsinki.
  • Religious Education Support 1 activity
    • Funding support for Prelature priests through Asociacion Venezolana de Promocion Educativa
      Finances programs that support Prelature priests via grants to Asociacion Venezolana de Promocion Educativa.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding youth service projects through Youth Service International Inc
      Provides grants for youth service projects, including a 2023 project in Peru and broader summer service initiatives in 2024.
  • Uncategorized 1 activity
    • Funding the Briar House Study Center through the Caribbean Educational Association
      Finances the Briar House Study Center through a grant to the Caribbean Educational Association.
financials · form 990PF · fy2024
revenue
Total revenue$8.07M
Contributions & grants$483K6%
Program service revenue
Investment income$1.60M20%
Other revenue$5.32M
expenses
Total expenses$1.20M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$83K
Grants paid out$3.03M
balance sheet
Total assets$130.81M
Cash
Investments
Liabilities
Net assets$130.81M
5 years on record · 2020–2024 · YoY revenue +261.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
ANDREW O'MEARA SECRETARY 10 $44K
WILLIAM ORCHARD TREASURER 10 $39K
board members · 7
  • FEDERICO RIERA-MARSA — DIRECTOR/PRESIDENT
  • GONZALO VERA — DIRECTOR
  • JULIEN NAGORE — DIRECTOR/VICE PRESIDENT
  • MATTHEW ANTHONY — DIRECTOR
  • PETER ANGLADA — DIRECTOR
  • ROBERT MONIOT — DIRECTOR/VICE PRESIDENT
  • THOMAS WHITE — DIRECTOR/SECRETARY
relationships · 8

Who they work with

  • Asociacion Cultural Internacional AC Partner — Funds Montefalco School
  • Asociacion Venezolana de Promocion Educativa Partner — Funds support for Prelature priests
  • Caribbean Educational Association Partner — Funds Briar House Study Center
  • Diocese of Helsinki Partner — Funds building repairs and renovations
  • Pontificia Universita della Santa Croce Partner — Funds operating expenses for academic year
  • The Witherspoon Institute Partner — Funds summer seminars and Schreyer Summer programs
  • University of Piura Partner — Funds the Esteban Campodonico Award
  • Youth Service International Partner — Funds summer service projects and a service project in Peru