The Foundation preserves the cultural landscape of historic Clermont Farm and uses it to promote public education and engagement with agriculture, history, and historic preservation, partnering with the owner (VA Dept of Historic Resources)and others.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$146K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $67K a year · 23% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$146K
to officers and key staff · 41% of spending
Concern: pay to officers and key staff is 41% of spending; over 30%.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $3.1M in investments, Pt X · Ln 11–13
Fine: 0.9 months of spending in cash, plus $3.1M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$28K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$242K
+14% vs prior year
Spent
$357K
To programs
80%
Net assets
$4.4M
By yearFY2020–FY2025
Revenue
$242K
FY2021▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$213K
FY2021$242K
FY2022$85K
FY2023$329K
FY2024$237K
FY2025$649K
Expenses
$357K
FY2021▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$372K
FY2021$357K
FY2022$347K
FY2023$343K
FY2024$377K
FY2025$362K
Net assets
$4.4M
FY2021▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.4M
FY2021$4.4M
FY2022$3.9M
FY2023$4.1M
FY2024$4.2M
FY2025$4.8M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $288K Management & general 20% · $70K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

26 people listed on the 990; $146K paid to officers and key staff.

Part VII, Section A · reportable compensation
$73,198Pt VII · Sec A
$73,198Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Robert W Stieg JR’s $76K as CEO is at the 72nd percentile of top reported officer pay among 2215 $100K–1M arts & culture 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 · 1 named individual · Part VII

NameFY2025FY2024FY2022FY2021FY2020
Robert W Stieg JR$76,163$76,132$73,198$73,198$74,198

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.

See The Clermont Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves historic Clermont Farm for public education on agriculture, history, and preservation.

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Provided by the organization

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4 programs · $488K · in their own filed words · FY2021
01

Agriculture

The Foundation uses the 360-acre Clermont Farm site and other land as a commercial beef cattle and sheep operation, which is the basis for: A) preserving intact and sustainably an historic agricultural landscape, and B.) providing an agricultural education and research program in partnership with Virginia Tech and its Middleburg…

$193Kprogram expense
02

Agriculture

The Foundation uses the 360-acre Clermont Farm site and other land as a commercial beef cattle and sheep operation, which is the basis for: A) preserving intact and sustainably an historic agricultural landscape, and B.) providing an agricultural education and research program in partnership with Virginia Tech and its Middleburg…

$193Kprogram expense
03

History

The Foundation conducts research and education programs related to the history of the farm, its regional and economic ties, and the people who have lived and worked there. The Foundation maintains archives of family papers related to the farm and collections of historic furnishings and objects.

$51Kprogram expense
04

History

The Foundation conducts research and education programs related to the history of the farm, its regional and economic ties, and the people who have lived and worked there. The Foundation maintains archives of family papers related to the farm and collections of historic furnishings and objects.

$51Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$242K
Ln 12
Investment incomeLn 3$160K
Other incomeLn 4–11$31K
Gifts and grantsLn 1h$30K
Money outPt IX
$357K
Ln 25
Programscol B$288K
Managementcol C$70K
Owns and owesPt X
$4.4M
net assets · Ln 32
Cash and savingsLn 1–2$28K
Total assetsLn 16$4.5M
LiabilitiesLn 26$28K
PeoplePt VI, VII
26
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30K
Government grantsLn 1e$7K
Fees for servicesLn 2g$21K
Investment incomeLn 3$160K
Other incomeLn 4–11$31K
Total revenueLn 12$242K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$28K
Total assetsLn 16$4.5M
LiabilitiesLn 26$28K
Net assetsLn 32$4.4M
OperationsPt I, VI
EmployeesI 54
VolunteersI 648
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $649K$362K$287K$4.8M 990 PDF
FY2024 $237K$377K−$140K$4.2M 990 PDF
FY2023 $329K$343K−$14K$4.1M 990 PDF
FY2022 $85K$347K−$262K$3.9M 990 PDF
FY2021 Viewing $242K$357K−$115K$4.4M 990 PDF
FY2020 $213K$372K−$159K$4.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations
See the full FY2021 990 (1 part)
Part VI · Governance 12 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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