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    Clowes Fund

    ActivePhilanthropy & Voluntarism
    Indianapolis, INWebsite3178330144

    About Clowes Fund

    The Clowes Fund demonstrates highly concentrated giving, directing nearly all of its reported $34.7M in grants to just two named recipients (one of which received two awards). The pattern suggests the foundation makes very large, likely strategic or capital/endowment-style grants rather than many small operational gifts, and appears to favor sustained support for a small number of institutional partners. Public documents attached to the grants would be needed to identify subject-matter priorities more precisely, but the foundation’s behavior signals a preference for deep investment in a few organizations, likely tied to its long-term mission or local community connections in Indianapolis.

    Focus Areas

    Large institutional support / capital or endowment grants to select organizationsRepeat multi-year support for core partner(s)Likely place-based philanthropy centered on Indianapolis-area institutions (inferred from foundation location)

    Who They Fund

    Indianapolis-area institutional nonprofitssingle primary institutional partner (repeat grantee)

    Giving Approach

    Highly concentrated: very few grants (3 total) totaling $34.7M, with two large awards to a primary grantee and one substantial separate award; pattern indicates repeat funding to core partners and preference for large, strategic gifts over broad, small-dollar distributions.

    About Clowes Fund

    The Clowes Fund Incorporated’s recent giving is defined by unusually large, concentrated awards to a very small set of recipients in Indianapolis. The largest reported grant was $28,569,150 in 2024 to See Attached Statement, followed by $3,138,750 in 2025 and $2,997,800 in 2023 to another attached-statement recipient. That pattern points to a funder that uses major grants strategically rather than spreading dollars across many small awards. The fund’s published program descriptions show two broad channels of support. One is competitive operating support for organizations working in Immigrant Services, Workforce Development, Arts Education, and K–12 Education. The other is a set of discretionary and internal grant activities, including emergency grants, commemorative and birthday gifts, art transfers, and matching grants directed by members, directors, and employees. The Clowes Fund Incorporated also distinguishes between introductory support for newer or returning applicants and continuation support for organizations that have received a competitive payment within the past five years. That structure suggests a grantmaker built around sustained relationships with a limited number of institutional partners, especially those connected to Indianapolis and other named program geographies.

    What Clowes Fund Funds

    In immigrant-services and workforce-development work, the fund offers two entry points: Introductory Grants of $40,000 for organizations new to the competitive process, and Continuation Grants of $60,000–$150,000 for organizations that have received a competitive payment within the past five years. Those programs are available for groups in Indianapolis, New England, and Seattle. For arts and education, the continuation track also covers Arts Education and K–12 Education, indicating that the fund maintains a broader education portfolio once an organization is already in relationship with it. The fund’s non-competitive side includes art transfers, commemorative grants, birthday grants, emergency grants, and matching grants for members, directors, and employees. Art transfers are listed for New England and Indiana, showing that part of its activity sits outside standard application-based grantmaking.

    How Clowes Fund Gives

    The typical grant size is very large: the 25th percentile is $9,390,638, the median is $15,783,475, and the 75th percentile is $22,176,312. That spread matches the recent record of highly concentrated, multi-million-dollar awards rather than small awards. The fund also appears to support organizations over time: Continuation Grants are available only to groups that received a competitive payment within the past five years, while Introductory Grants are for newer or returning applicants. The foundation is a regular funder, not a DAF, and it does not fund individuals or make program-related investments. Some grant activity is competitive and applicant-driven through GOapply, while other payments are discretionary or internal.

    Financial Snapshot

    Annual Giving

    $3.1M

    Total Assets

    $59M

    Total Revenue

    $4.8M

    Total Expenses

    $4.1M

    Typical Grant Size

    Most grants fall between $9.4M and $22.2M, with a median of $15.8M.

    25th Percentile

    $9.4M

    Median

    $15.8M

    75th Percentile

    $22.2M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in IN.

    Funding intensity
    Low
    High
    Headquarters

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    EIN (Tax ID): 35-1079679Latest Form 990: 2025Total assets: $59M3 filings on recordFind their full 990 filing →
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    Funding Style

    large strategic / capital or endowment grantsdeep, sustained support for a small number of core partnersrepeat multi-year funding to favored granteeshighly concentrated, place-based giving

    Notable grantees: See Attached Statement ($31,707,900; 2 grants), SEE STATEMENT ATTACHED IMMEDIATELY FOLLOWING ($2,997,800)

    Topics

    institutional endowment / capital supportcore operating support for select organizationsrepeat investment in anchor institutionsplace-based philanthropy focused on Indianapolis-area organizations

    Where Clowes Fund Makes Grants

    Giving is heavily place-based. All reported grants in the recent sample went to U.S. recipients, and 100% were awarded to organizations in Indiana. Indianapolis appears repeatedly in the grant list, including the largest recent awards. Program materials also name New England and Seattle as eligible geographies for competitive grants, while art transfers are listed for Indiana and New England. The pattern shows a strong Indiana concentration with some additional program reach beyond the fund’s headquarters city.

    Frequently Asked Questions About Clowes Fund

    What kinds of organizations does The Clowes Fund Incorporated support?

    Its competitive programs focus on Immigrant Services and Workforce Development for introductory grants, and on Immigrant Services, Workforce Development, Arts Education, and K–12 Education for continuation grants. The fund also makes non-competitive grants for emergency needs, commemorative or birthday gifts, art transfers, and matching grants directed by members, directors, and employees.

    How does the grant size differ between introductory and continuation support?

    Introductory Grants are set at $40,000. Continuation Grants are larger and range from $60,000 to $150,000. The fund says continuation awards are for organizations that have received a competitive grant payment within the past five years.

    Can organizations apply without an invitation?

    Yes. The fund accepts unsolicited applications for both Introductory Grants and Continuation Grants. The Introductory Grant path starts with an introductory operating-grant process, while Continuation Grants begin with a Statement of Intent and can proceed to a Final Application if staff invite the organization forward.

    Which geographies are eligible for competitive grant programs?

    Competitive grant programs list Indianapolis, New England, and Seattle for both Introductory Grants and Continuation Grants. The art-transfer activity is listed for Indiana and New England. In the recent grant data, all reported recipients were in Indiana.

    Are the fund’s grants mostly one-time awards or repeated support?

    The structure points to repeated support for some organizations. Continuation Grants are explicitly for organizations that received a competitive grant payment within the past five years, which creates a multi-year relationship. The fund also has non-competitive internal and discretionary grant activity alongside its application-based programs.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Open Grant Opportunities

    Current and upcoming funding from Clowes Fund that your nonprofit may be able to apply for.

    Opening soonCloses Nov 1, 2026Award: Up to $40K

    Introductory Grants

    Immigrant ServicesWorkforce Development

    Who can apply: Organization has never received a Clowes Fund competitive grant, or has not received a competitive grant payment within the past five years (2021-2025). Intended for organizations whose work aligns with Immigrant Services or Workforce Development priorities, especially those with budgets less than $2.5 million.

    Deadline: November 1 introductory application deadline; mid-December notification; invited final applications due February 1.

    View & apply
    Opening soonAward: Varies

    Indianapolis Funding Priorities

    Immigrant ServicesWorkforce DevelopmentYouth Development+1 more

    Who can apply: Organizations and programs that focus primarily on socioeconomically disadvantaged individuals. First-time grants must align with Immigrant Services; Workforce Development first-time efforts must directly promote racial equity or demonstrate high innovation. Current and recent grantees may seek continuation funding. Organizations should generally have budgets under $2.5 million, though larger budgets may be discussed with program staff.

    Deadline: Introductory Applications due November 1; invited Final Applications due February 1; staff decisions on introductory applications by mid-December.

    View & apply
    Opening soonAward: Varies

    New England Funding Priorities

    Immigrant ServicesWorkforce DevelopmentK-12 Education+2 more

    Who can apply: The Fund supports organizations and programs focused primarily on socioeconomically disadvantaged individuals within the listed New England geographies. First-time applicants may apply for Immigrant Services and Workforce Development. Current and recent grantees, including those in K-12 Education and Arts Education, may submit a Continuation Grant Statement of Intent. The organization budget guidance emphasizes budgets under $2.5 million, with larger budgets requiring staff guidance.

    Deadline: Introductory Applications due November 1; invited Final Applications due February 1; staff decisions on introductory applications by mid-December.

    View & apply

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    Deadlines and eligibility are summarized from public sources and may change — always confirm the details on the funder's official application page before applying.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    See Attached StatementIndianapolis, IN$3,138,7502025See Attached
    SEE ATTACHED STATEMENTIndianapolis, IN$28,569,1502024See Attached
    SEE STATEMENT ATTACHED IMMEDIATELY FOLLOWINGIndianapolis, IN$2,997,8002023See Attached

    See Attached Statement

    $3,138,750
    Indianapolis, IN2025

    See Attached

    SEE ATTACHED STATEMENT

    $28,569,150
    Indianapolis, IN2024

    See Attached

    SEE STATEMENT ATTACHED IMMEDIATELY FOLLOWING

    $2,997,800
    Indianapolis, IN2023

    See Attached