The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
How to apply
Deadlines
Restrictions
Send applications to
NEW YORK, NY, 10022a phone number for applications is on the filing. On the filing, not published; see “How to reach them” for any published channel.
Application policy: Accepts applications, as stated on the FY2022 return.
What its returns show
Stated the same way on all 3 Form 990-PF returns on record (FY2020 to FY2022).
These lines count this foundation's own Form 990-PF returns that the IRS has published as data. An amended return replaces its original. They describe past returns only.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Financials
Giving
$294.5M
FY2022 · qualifying distributions
Total assets
$0
FY2022 · end of year
Revenue
−$9.3M
FY2022
Expenses
$295.1M
FY2022
Giving by year
Total assets by year
Year
Form
Revenue
Expenses
Giving
Assets
Net assets
FY2022
990-PF
−$9,289,427
$295,061,220
$294,504,767
$0
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
What they fund
Recipient focus areas
Human services$605.6M · 8
Health care$27.5M · 3
Education$26.2M · 8
Philanthropy and grantmaking$26M · 3
Science and technology$25M · 1
Community improvement$20M · 1
Where recipients are
NY$704.3M · 21
MA$50.5M · 4
CO$27.5M · 3
OK$25M · 1
NC$16.7M · 3
CA$10.9M · 9
VA$9.5M · 3
MD$6M · 2
Based on the 49% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed. Some links come from other funders' returns: when three or more of them wrote the same name and state with one EIN, and the city on this row matches, we use that EIN. The name on this row is still shown as this funder wrote it.
Officers and directors
Name
Title
Hours / week
Compensation
Nancy Roob
PRESIDENT & TRUSTEE
5.00
$57,091
Ralph Stefano
CFO/ASST TREASURER/SECRETARY
5.00
$33,248
Mr H Lawrence Clark
CHAIR
4.00
$0
Mr James M Clark Jr
TRUSTEE, TREASURER
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
TO SUPPORT HISTORICALLY BLACK COLLEGES AND UNIVERSITIES
$25,000,000
2022
BRIDGESPAN GROUPMatched to this organization because 3 grant-making charities wrote this name with its EIN. Source: Schedule I of their Form 990 returns, fiscal years 2020 to 2022. Counted Oct 9, 2026.BOSTON, MA