Glenstone Foundation
Glenstone Foundation is a private foundation based in Potomac, Maryland. It supports public and educational art exhibitions, the study and advancement of the arts, and art research. Its direct charitable activities include operating a museum of contemporary art and outdoor sculpture, providing free public admission and transportation for local students, and lending artworks to museums.
Glenstone Foundation at a glance
In short: Glenstone Foundation gave $15.3M across 7 grants in 2024 (avg $2.2M), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $15,292,081
- +441.4% vs 2023
- Grants made (2024)
- 7
- -46.2% vs 2023
- Average grant
- $2,184,583
- +905.4% vs 2023
- Median grant
- $50,252
- Total assets
- $2,987,597,855
- +2.5% vs 2023
- Primary geography
- Massachusetts (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Glenstone Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 12100 Glen Road, Potomac, MD 20854
Phone: (301) 983-5001
Website: https://www.glenstone.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Glenstone Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Foundation to Combat Antisemitism ($11.9M). Together the top 7 received $15.3M.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 27 grants of 50 (54%).
Geographic Focus
Where this funder awards grants
The foundation is based in Potomac, Maryland. Its stated direct activities include serving local students and working with communities in its geographic areas of focus. In 2024, grant dollars went primarily to recipients in Massachusetts (78%), followed by the District of Columbia (12%) and Maryland (10%); the listed shares for New York and Florida were 0%.
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Glenstone Foundation gives
- Giving grew 80% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.8M (2023) to $15.3M (2024). In 2024 it made 7 grants totaling $15.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation to Combat Antisemitism Foxborough, MA | Community Support Address Inequality | $11,871,000 |
| National Gallery of Art Washington, DC | Support the Arts | $1,800,000 |
| Scotland Ame Church Potomac, MD | General Support | $1,500,000 |
| American Fund for the Southbank Centre NY, NY | Support the Arts | $50,252 |
| National Foundation for Advancement of the Arts Miami, FL | General Support | $50,000 |
| United Way of National Capital Area Washington, DC | General Support | $10,829 |
| Shelburne Museum Shelburne, VT | Support the Arts | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $2,987,597,855 | $15,876,524 | $64,781,193 | $15,292,081 | 7 | $144,417,623 | $7,515,566 |
| 2023 | $2,913,564,506 | $266,804,717 | $51,950,857 | $2,824,691 | 13 | $180,343,316 | $187,586,200 |
| 2022 | $2,794,166,064 | $132,610,613 | $44,935,436 | $6,320,299 | 10 | $142,367,219 | $64,604,563 |
| 2021 | $2,772,440,122 | $1,895,507,815 | $43,236,693 | $8,510,012 | 10 | $148,572,365 | $7,989,084 |
| 2020 | $2,347,640,541 | $596,667,510 | $45,366,231 | $5,280,455 | 10 | — | $310,830,036 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated purpose is to support public and educational exhibitions of art, promote the study, improvement, and advancement of the arts, and foster art research. Its community objectives include expanding opportunities for young people; improving public health and well-being through civic engagement; supporting work addressing inequities, poverty, human rights, and equitable access to resources; and advancing equitable policies addressing climate change impacts, primarily on minority communities.
Its 2024 grants included support for arts organizations and institutions, a church, a community-focused foundation, and a United Way. For example, Shelburne Museum received $10,000. The museum describes its mission as broadening its audience, engaging curiosity, animating creativity, and providing an extraordinary educational museum experience.
Grantmaking
In 2024, the foundation reported 7 grants totaling $15,292,081. Grant amounts ranged from $10,000 to $11,871,000, with a median of $50,252. The largest grants were $11,871,000 to Foundation to Combat Antisemitism for community support and addressing inequality; $1,800,000 to the National Gallery of Art to support the arts; and $1,500,000 to Scotland AME Church for general support.
In 2022, the foundation endowed the Studio Museum in Harlem’s Artist-in-Residence program. The museum said the endowment would provide a base of funding in perpetuity.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mitchell P. Rales as chairman and director; Emily W. Rales as president; C. Scott Brannan as vice president, treasurer, and director; Rachel L. S. Plumley as secretary and director; Noordin Moloo as director of finance; and Anthony Cerveny as chief operating officer until April 2024.
Glenstone Foundation is led by Emily W. Rales, President on every filing since 2020; 2 of 6 officers listed in 2024 are compensated.
Officers on the 2024 filing
Emily W. Rales
President
On filings since 2020
50 hrs/week
No compensation reported
Mitchell P. Rales
Chairman & Director
On filings since 2020
30 hrs/week
No compensation reported
Noordin Moloo
Director of Finance
On filings since 2023
50 hrs/week
$72K (2023) → $248K (2024)
C. Scott Brannan
Vice President, Treasurer & Director
On filings since 2020
20 hrs/week
No compensation reported
Rachel L. S. Plumley
Secretary & Director
On filings since 2020
10 hrs/week
No compensation reported
Anthony Cerveny
Chief Operating Officer -
Chief Operating Officer → Chief Operating Officer -, 2024
On filings since 2020
50 hrs/week
$262K (2020) → $111K (2024)
Former officers (3)
- Former: Heather F. Nolan (2020–2023) — Director of Finance-Retired
- Former: Laura Linton (2020) — Chief Administrative Officer
- Former: Mary Beth Tsikalas (2020) — Director of Finance
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $248K, to Noordin Moloo (Director of Finance). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Glenstone Foundation
How much does Glenstone Foundation give each year?
Glenstone Foundation gave $15.3M across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.8M across 13 grants.
What is Glenstone Foundation's typical grant size?
Glenstone Foundation's median grant in 2024 was $50,252, and its average grant was $2,184,583, across 7 grants on its 2024 IRS Form 990-PF.
Where does Glenstone Foundation give grants?
Glenstone Foundation gives mostly in Massachusetts: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (12%) and Maryland (10%). The most frequent recipient cities were Washington, DC (2 grants).
Does Glenstone Foundation give general operating support?
Yes: 43% of Glenstone Foundation's 2024 grants with a stated purpose (3 of 7) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Support the Arts" (3 grants).
Who are Glenstone Foundation's largest grantees?
Glenstone Foundation's largest 2024 grantees include Foundation to Combat Antisemitism ($11,871,000), National Gallery of Art ($1,800,000) and Scotland Ame Church ($1,500,000), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Glenstone Foundation?
Glenstone Foundation reported $3.0B in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $15.9M.
What does Glenstone Foundation fund?
The foundation’s stated purpose is to support public and educational exhibitions of art, promote the study, improvement, and advancement of the arts, and foster art research. See mission & focus areas ↑
How do I apply for a grant from Glenstone Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Glenstone Foundation's EIN?
Glenstone Foundation's EIN (Employer Identification Number) is 20-5938416. IRS Form 990 filing data is available on this page for 2020–2024.
Does Glenstone Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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