Clay Foundation Inc
Provided financial support for penelope house, inc.
Clay Foundation Inc at a glance
In short: Clay Foundation Inc gave $376K across 1 grant in 2024 (avg $376K), mostly in Alabama. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $376,216
- +6.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $376,216
- +6.0% vs 2023
- Median grant
- $376,216
- Total assets
- $2,185,081
- -14.2% vs 2023
- Primary geography
- Alabama (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Clay Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Penelope House Inc ($376K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Clay Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−13%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $140K (2022) to $489K (2019). In 2024 it made 1 grant totaling $376K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Penelope House Inc Mobile, AL | Prevention of Domestic Violence | $376,216 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,185,081 | $53,569 | $693,535 | $376,216 | 1 | $53,569 |
| 2023 | $2,546,419 | $84,594 | $659,630 | $354,860 | 1 | $84,594 |
| 2022 | $2,812,903 | $44,161 | $142,741 | $140,000 | 1 | $44,161 |
| 2021 | $3,453,028 | $108,949 | $432,448 | $431,642 | 1 | $108,949 |
| 2020 | $3,030,735 | $88,247 | $340,550 | $325,605 | 1 | $88,247 |
| 2019 | $2,702,416 | $193,412 | $505,130 | $488,510 | 1 | $93,412 |
About Clay Foundation Inc
Based on IRS filings
Clay Foundation Inc is a public charity focused on Human Services, based in Mobile, AL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 1 grant totaling $376K. Net investment income was $54K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Clay Foundation Inc is led by Mary Powell, President on every filing since 2019; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mary Powell
President
On filings since 2019
No compensation reported
Bobby Foropolous
Board Member
On filings since 2019
No compensation reported
John Pierce
Pro Bono Attorney
On filings since 2019
No compensation reported
Kate Duthu
Board Member
On filings since 2019
No compensation reported
Pat Edington
Board Member
On filings since 2019
No compensation reported
Peggy Cronin
Vice President & Treasurer
On filings since 2019
No compensation reported
Rena Davis
Secretary
On filings since 2019
No compensation reported
Titsa Stratas
Board Member
On filings since 2019
No compensation reported
Tonie Ann Torrans
Penelope House Executive D
Executive Director → Penelope House Executive Director, 2022
Penelope House Executive Director → Penelope House Executive D, 2023
On filings since 2019
3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Clay Foundation Inc
How much does Clay Foundation Inc give each year?
Clay Foundation Inc gave $376K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $355K across 1 grant.
How large is Clay Foundation Inc?
Clay Foundation Inc reported $2.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $54K.
What is Clay Foundation Inc?
Clay Foundation Inc is a public charity focused on Human Services, based in Mobile, AL. It holds $2.2M in total assets as of 2024.
Where does Clay Foundation Inc operate?
Clay Foundation Inc has awarded grants in Alabama.
What is Clay Foundation Inc's EIN?
Clay Foundation Inc's EIN (Employer Identification Number) is 63-1072547. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS December 14, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Clay Foundation Inc's focus areas in our free grants database
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More similar funders
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Figures come from Clay Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Clay Foundation Inc down — hundreds of funders to go?