Joan Irvine Smith & Athalie R Clarke Fdn

Nonprofit profile at a glance

EIN
330461971
IRS 990-PF coverage
2014–2024
Forms available
Form 990-PF 2024
Location
Irvine, CA, USA
Phone
9494768400
Rating
87
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$6,601
Expenses
$577,187

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Joan Irvine Smith & Athalie R Clarke Fdn is a nonprofit. Location: Irvine, CA. EIN 330461971.

What it reported funding in 2024

The foundation reported 4 filed grant rows totaling $509,811. The stated grant purposes included to be used for its general operating expenses in order to persue its mission to conduct research activities that provide information to the public about the sensitive environment of the costal zone in the area., to be used for its general operating expenses in order to persue its mission to preserve and display the california art of the impressionist period and its goal to preserve the works of arts not only to the constituents of california, but also to people throughout the united states and the world over., and to be used to fund the work of the reeve-irvine research center, the research associates and the school of nursing, all at uci, plus 1 other reported purpose.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 88% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 88
  • Transparency: 100
  • Compliance: 94
  • Endowment Health: 8

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 87th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 88.3%; rating input score 88; 70th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 17 of 19 controls in place; rating input score 89
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 8; rating input score 100

Endowment Health

  • Endowment-health comparison: 0; rating input score 8; 8th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 8th percentile for endowment coverage
  • Consistency: 8 of 8 current checks pass
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Endowment Health: Endowment-health comparison scored 8/100.
  • Review — Compliance: Foundation activity disclosures: 2 of 19 not reported.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.