The Clear Fund
97% goes to programs $0 to raise $100 Strong reserves Growing revenue
The Clear Fund is a 501(c)(3) organization based in Oakland, California, registered in 2007, with $269,542,773 in FY2024 revenue. CharityIndex grades it A+, and it directs about 97% of spending to programs.
1714 Franklin Street 100335, Oakland, CA, 94612 EIN 20-8625442 Since 2007
Revenue (FY2024)
$269.5M
▲ 22.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$183.7M
Net assets
$266.1M
Employees
96
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating97% to programs · $0 to raise $100
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. For The Clear Fund: 97% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +32% margin
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 The Clear Fund: 17 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For The Clear Fund: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 The Clear Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Finding and funding outstanding giving opportunities in global health and development.
Contact & location
- Address
- 1714 Franklin Street 100335, Oakland, CA, 94612
- City
- Oakland
- State
- California
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $6.6M (FY2013) to $269.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $21.9MNet assets $266.1M
Operating margin
31.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$288.0M
Total liabilities
$21.9M
Net assets
$266.1M
Salaries & benefits
$13.1M
7% of expenses
Board members
6
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $269,542,773▲22.7% | $183,707,000▲58.9% | $266,066,839▲46.3% | $287,962,096▲38.1% | 990 |
| 2023 | $219,626,118▲45.4% | $115,576,357▼24.2% | $181,840,592▲134% | $208,555,407▲77.4% | 990 |
| 2022 | $151,012,759▼26.7% | $152,422,669▼19.1% | $77,790,794▼1.8% | $117,537,288▼29.2% | 990 |
| 2021 | $206,158,416▲76.2% | $188,307,536▲141% | $79,193,479▲29.1% | $165,963,654▲68.6% | 990 |
| 2020 | $117,018,758▲129% | $78,127,328▲91.0% | $61,345,813▲173% | $98,437,477▲124% | 990 |
| 2019 | $51,079,383▲41.8% | $40,896,067▲27.1% | $22,454,931▲83.0% | $43,908,385▲66.6% | 990 |
| 2018 | $36,024,182▲22.3% | $32,186,559▲20.3% | $12,271,381▲45.5% | $26,349,456▲27.8% | 990 |
| 2017 | $29,450,003▲60.3% | $26,763,776▲43.8% | $8,432,186▲46.7% | $20,609,736▲50.3% | 990 |
| 2016 | $18,366,934▲4.1% | $18,607,090▲21.2% | $5,747,489▼4.1% | $13,708,185▲10.1% | 990 |
| 2015 | $17,635,918▲59.0% | $15,358,563▲60.6% | $5,993,722▲61.3% | $12,449,684▲51.2% | 990 |
| 2014 | $11,088,700▲68.3% | $9,564,626▲76.1% | $3,716,633▲69.5% | $8,233,496▲46.2% | 990 |
| 2013 | $6,587,734 | $5,432,433▲136% | $2,193,228▲111% | $5,629,816▲137% | 990 |
| 2012 | — | $2,300,254▲123% | $1,037,788▲23.7% | $2,371,475▲65.4% | 990 |
| 2011 | — | $1,029,435▲66.1% | $838,882▲60.7% | $1,434,214▲172% | 990 |
| 2010 | — | $619,827 | $522,033 | $527,740 | 990 |
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.
Leadership & compensation (FY2024)
Highest-paid: Elie Hassenfeld — $424,805 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elie Hassenfeld | Chief Executive Officer | 40 | $424,805 |
| Teryn Mattox | Director of Research | 40 | $333,147 |
| Julie Faller | Senior Program Officer | 40 | $291,908 |
| Stephanie Stojanovic | Director of Outreach | 40 | $288,882 |
| Alex Cohen | Principal Researcher | 40 | $262,052 |
| Benjamin Bateman | Director of Operations (to June) | 40 | $248,875 |
| Natalie Crispin | Treasurer / Program Officer | 40 | $239,280 |
| Erin Crossett | Program Officer | 40 | $207,296 |
| John Macke | Senior Researcher | 40 | $204,365 |
| Paige Henchen | Chief of Staff / Secretary | 40 | $204,172 |
| Margaret Lloydhauser | Philanthropy Advisor | 40 | $150,100 |
| Dave Wilson | Senior Program Associate | 40 | $149,400 |
| Cari Tuna | Board Member | 1 | — |
| Daniela Amodei | Board Member | 1 | — |
| James Mcclave | Board Member | 1 | — |
| Julia Wise | Vice Chair / Board Member (to May) | 1 | — |
| Norma Altshuler | Board Member | 1 | — |
| Tim Ogden | Chair | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Oxford Road | Advertising | $1,182,068 |
| Ignition | It Services | $193,899 |
| Career Group Companies | Gift Operations Services | $167,121 |
| Rethink Priorities | Research Services | $160,000 |
| Morgan Lewis & Bockius LLP | Legal Services | $102,222 |
Grants received · $346.9M total
240 grants to The Clear Fund totaling $346.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $7,515,358 |
| Silicon Valley Community Foundation | General nonprofit support | 2024 | $5,153,915 |
| American Endowment Foundation | Philanthropy | 2024 | $2,505,572 |
| Follow Your Dream Foundation Inc | General support | 2024 | $2,000,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $539,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $412,535 |
| Greater Kansas City Community Foundation | Public, societal benefit | 2024 | $306,800 |
| Charities Aid Foundation America | Charitable donation | 2024 | $267,819 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $261,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $256,800 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $170,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $159,420 |
| Daffy Charitable Fund | General support of mission | 2024 | $127,437 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $119,600 |
| Impactassets Inc | General support | 2024 | $105,000 |
Grants made · $49.4M in FY2024
20 grants totaling $49.4M in FY2024 — showing the 15 largest. All grants made by The Clear Fund →
| Recipient | Purpose | Amount |
|---|---|---|
| The Against Malaria Foundation | Operating support | $19,219,603 |
| Helen Keller International | Vitamin a supplementation | $11,928,342 |
| Clinton Health Access Initiative Inc | Tuberculosis | $4,500,000 |
| Evidence Action Inc | Maternal syphilis | $2,874,362 |
| New Incentives | Operating support | $2,218,419 |
| Alima USA Inc | Malnutrition support | $2,000,000 |
| Yale University | Operating support | $1,299,147 |
| Clinton Health Access Initiative Inc | Ors/zinc | $1,179,836 |
| Dimgagi Inc | Commcare connect | $1,000,186 |
| University of Chicago | Research support | $895,999 |
| Regents of the University of California | Operating support | $787,500 |
| Malengo Inc | Uganda/germany program | $500,000 |
| Miraclefeet | Operating support | $261,936 |
| Evidence Action Inc | Ifa | $198,993 |
| Center For Global Development | Operating support | $197,000 |
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Compare The Clear Fund
Frequently asked questions
- Is The Clear Fund a legitimate nonprofit?
- Yes. The Clear Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-8625442, based in Oakland, California. Donations are tax-deductible.
- What is The Clear Fund's EIN?
- The Clear Fund's Employer Identification Number (EIN) is 20-8625442.
- How much revenue does The Clear Fund report?
- The Clear Fund reported $269,542,773 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Clear Fund's spending goes to programs?
- The Clear Fund spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Clear Fund have?
- CharityIndex grades The Clear Fund A+, based on program efficiency and fundraising cost.
- How much does The Clear Fund's highest-paid employee make?
- The highest reported compensation on The Clear Fund's latest Form 990 is $424,805, paid to Elie Hassenfeld (Chief Executive Officer).
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Explore more
Data for The Clear Fund (EIN 20-8625442) 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.