PROVIDED FINANCIAL SUPPORT FOR PENELOPE HOUSE, INC.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-14.2% YoY
Annual Giving
$376K
+6.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$376K
+6.0% YoY
About Clay Foundation Inc
Based on IRS filings
Clay Foundation Inc is a nonprofit organization focused on Human Services, based in MOBILE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 1 grants totaling $376K. Net investment income was $54K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,185,081 | $2,546,419 | $2,812,903 |
| Revenue | $53,569 | $84,594 | $44,161 |
| Expenses | $693,535 | $659,630 | $142,741 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $53,569 | $84,594 | $44,161 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY POWELL | PRESIDENT | — | — |
| JOHN PIERCE | PRO BONO ATTORNEY | — | — |
| TITSA STRATAS | BOARD MEMBER | — | — |
| PAT EDINGTON | BOARD MEMBER | — | — |
| RENA DAVIS | SECRETARY | — | — |
| PEGGY CRONIN | VICE PRESIDENT/ TREASURER | — | — |
| KATE DUTHU | BOARD MEMBER | — | — |
| BOBBY FOROPOLOUS | BOARD MEMBER | — | — |
| TONIE ANN TORRANS | PENELOPE HOUSE EXECUTIVE D | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Foundation of Marshall Medical
GUNTERSVILLE, AL
Assets
$2.7M
Grants
1
Total Given
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Total Given
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The Starfish Project
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Grants
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Total Given
—
Michael Nix Arts Scholarship a Non Profit Corp
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Assets
$461
Grants
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Total Given
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Raquib Family Waqf Foundation
BIRMINGHAM, AL
Assets
$759K
Grants
1
Total Given
$86K
A Hays Zieman & Christine B Zieman
MOBILE, AL
Assets
$1.0M
Grants
10
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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