The Clear Fund
Researches and identifies highly impactful, cost-effective global charity opportunities to help donors maximize the lifesaving impact of their charitable giving. For fiscal year 2024 it reported $269.5M in revenue, $183.7M in expenses, and $266.1M in net assets.Pt I
- Founded
- 2007
- Type
- Public foundation / grantmaker · Foundations & Grantmakers
- Location
- Oakland, CA
- Website
- www.givewell.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Elie Hassenfeld’s $425K as Chief Executive Officer is at the 39th percentile of top reported officer pay among 129 $100M+ philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Elie Hassenfeld | $424,805 | $400,000 | $355,000 | $304,439 | $286,992 |
| Jim Bobowski | — | — | — | $339,578 | $341,117 |
| Teryn Mattox | $333,147 | $258,128 | $221,709 | $186,348 | $162,880 |
| Stephanie Stojanovic | $288,882 | $332,920 | $263,768 | $224,123 | $164,748 |
| Whitney Rider | — | $307,702 | $285,750 | $280,208 | $233,119 |
| Julie Faller | $291,908 | $236,700 | $173,791 | $154,057 | — |
| Benjamin Bateman | $248,875 | $280,800 | $213,230 | $197,943 | $192,090 |
| Alex Cohen | $262,052 | $214,200 | $180,088 | $154,713 | $146,122 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Our giving funds enable donors to contribute to the most impactful and cost-effective programs our researchers identify. In 2024, thanks to the generosity of more than 30,000 donors, givewell recommended AND/OR funded grants of more than $365 million to these exceptional opportunities to do good, which we estimate will reach around 34…
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 97% | — | — |
| Overhead ratio | 3% | — | — |
| Fundraising cost ratio | 0.3% | — | — |
| Revenue growth | 23% | — | — |
| Legal fee ratio | 0.1% | — | — |
| Accounting fee ratio | 0.06% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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