Real Clear Foundation is a 501(c)(3) organization based in Northbrook, Illinois, registered in 1999, with $7,433,300 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$7.4M
▼ 44.9% vs prior year
Education median: $200K
Expenses (FY2024)
$10.4M
Net assets
$4.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Real Clear Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Real Clear Foundation: 5 mo reserves · -40% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Real Clear Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Real Clear Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3.8M (FY2019) to $7.4M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-39.9%
Spent more than it raised in the latest fiscal year.
Total assets
$6.4M
Total liabilities
$1.9M
Net assets
$4.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,433,300▼44.9% | $10,396,766▲18.7% | $4,534,060▼37.6% | $6,429,602▼27.9% | 990 |
| 2023 | $13,493,125▲59.2% | $8,756,104▼4.4% | $7,269,996▲187% | $8,912,529▲110% | 990 |
| 2022 | $8,476,449▲135% | $9,154,676▲73.9% | $2,532,975▼21.1% | $4,242,053▼14.9% | 990 |
| 2021 | $3,614,001▼32.1% | $5,265,385▲28.6% | $3,209,034▼34.0% | $4,984,484▼25.5% | 990 |
| 2020 | $5,318,894▲41.6% | $4,094,803▲70.1% | $4,860,418▲33.7% | $6,694,887▲84.0% | 990 |
| 2019 | $3,756,043 | $2,406,607▲373017% | $3,636,327▲189985% | $3,638,852▲190117% | 990 |
| 2012 | — | $645▲336% | $1,913▼24.8% | $1,913▼24.8% | 990PF |
| 2011 | — | $148 | $2,545 | $2,545 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
39 grants to Real Clear Foundation totaling $21.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donors Trust Inc | For general operations | 2024 | $4,150,000 |
| Bradley Impact Fund Inc | General operating support. | 2024 | $110,000 |
| Donors Trust Inc | For general operations | 2023 | $3,300,000 |
| Donors Trust Inc | For real clear politics | 2023 | $2,500,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $301,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $299,264 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $201,000 |
| National Philanthropic Tr | Culture & arts | 2023 | $155,000 |
| Bradley Impact Fund Inc | General operating support. | 2023 | $110,060 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $60,000 |
| National Christian Charitable Foundation | Culture | 2023 | $52,100 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2023 | $25,000 |
| Donors Trust Inc | For real clear science | 2023 | $7,000 |
| Donors Trust Inc | For general operations | 2022 | $4,300,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $352,600 |
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Data for Real Clear Foundation (EIN 52-2128875) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.