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Governance Register
US nonprofit · EIN 522128875 · Northbrook, ILiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 522128875) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe tenure.Latest return IRS Form 990 series e-file data - 990 for the year to 31 March 2025: assets, liabilities, staff, website, telephone, pay, grants paid (Schedule I).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue (us-approach-v4-clean). Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.State registers Colorado Secretary of State (17 October 2026).Licence US Federal Government public domain.How we handle data

Real Clear Foundation's network

3 people1 organisationi3 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 3 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Andrew WalworthDirector2020
6 yrs
David DesrosiersPresident2020
6 yrs
John McIntyreTreasurer2020
6 yrs
Under 5 years5 to 6 years6 years or more

Pay and hours

year to 31 March 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
David DesrosiersPresident40$179k
John McIntyreTreasurer15$0
Andrew WalworthDirector2$0

Colorado roster

6 listediOfficers, directors and trustees from the latest filing with the Colorado Secretary of State (document 20263016812). Titles are as filed; some entries are registered agents or custodians of records rather than board members. Source: data.colorado.gov, public domain.
NameTitle as filed
Dan GearyVice President
John McIntyreTreasurer
John McIntyre
Andrew WalworthDirector
David DesrosiersPresident & Chairman
David DesrosiersPresident

About

Legal name
Real Clear Foundation
EIN
522128875
Address
666 Dundee Rd Ste 600, Northbrook, IL, 60062-2733
State
Illinois
Mission
The foundation's mission is to underwrite news aggregation and content which promotes responsible journalism and educational programs for public interest. (as filed on the Form 990)
Activity (NTEE)
B82 Education
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Education
Size band
7 (IRS master file code)
Formed
1998
Principal officer
David Desrosiers (as named on the Form 990)
IRS ruling date
1 January 1999
Status
Code 01 (unconditional exemption)
Form 990 filings on record
6, latest 2025
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥6years on the filingsAndrew Walworth
≥6years on the filingsDavid Desrosiers
≥6years on the filingsJohn McIntyre

Latest return

year to 31 March 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 March 2025. US dollars, as filed.
Total assets
$6.4m
Total liabilities
$1.9m
Net assets or fund balances
$4.5m
Contributions and grants received
$7.2m
Program service revenue
$0
Grants and similar paid out
$4.7m
Employees
1

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2023$13.5m$8.8m$4.7m

As filed on the IRS Form 990. US dollars.

Grants paid

3 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
Real Clear Holdings LLCTo support responsible journalism with the interest of educating the public.$3.7m
Palladium Pictures LLCTo support responsible journalism with the interest of educating the public.$1m
Real Clear Media FundTo support responsible journalism with the interest of educating the public.$53k