Mount Saint Clare Education Charitable

Foundation · Grantmaker Clinton, IA EIN: 45-5445734

Mount Saint Clare Education Charitable is a private foundation focused on Education, based in Clinton, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 14 grants totaling $241K. Net investment income was $217K.

Key facts about Mount Saint Clare Education Charitable

In short: Mount Saint Clare Education Charitable gave $241K across 14 grants in 2025 (avg $17K), mostly in Iowa. 7% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
45-5445734
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$241,000
Grants made (2025)
14
Average grant
$17,214
Median grant
$7,300
New grantees (estimate)
7% first-time grantees (1 of 14, 2025)
Total assets
$2,745,548
Primary geography
Iowa (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.7M

-1.3% YoY

Annual Giving

$241K

+14.2% YoY

Grant Count

14

-12.5% YoY

Avg Grant Size

$17K

+30.5% YoY

Under IRS private-foundation payout rules, Mount Saint Clare Education Charitable reported a distributable amount of $217K for 2025 — the minimum it must pay out in qualifying distributions.

Is Mount Saint Clare Education Charitable open to new grantees?

7%

first-time grantees, 2025

In 2025, 1 of 14 grantees (7%) were first-time recipients. First grants averaged $2K; repeat grants $18K. How we count

Medians: $2K first-time, $7K repeat.

  • 71% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+13%). Method
  • In 2025 it paid out 118% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 14 itemized 2025 grant dollars.

States

Cities

Cedar RapidsDubuqueDes MoinesAmesClintonDavenprtIowa CityWaverlyBettendorfDecorahPellaSioux CityMt VernonNeededFayetteIndianolaMarshalltownMason CityMuscatineRock Island

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K18 grants202019 grants202118 grants202217 grants202316 grants202414 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

University of Iowa: $68KUniversity of Iowa$68KIowa State University: $53KIowa State University$53KSt Ambrose University: $27KSt Ambrose University$27KClinton Community College: $26KClinton Community College$26KUniversity of Northern Iowa: $21KUniversity of Northern Iowa$21KWartburg College: $13KWartburg College$13KKirkwood Community College: $7KKirkwood Community College$7KScott Community College: $7KScott Community College$7KCornell College: $6KCornell College$6KClarke University: $5KClarke University$5K

Grant Size Distribution

84 grants across all recorded years

80<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Iowa Iowa City, IAScholarships$68,250
Iowa State University Ames, IAScholarships$53,450
St Ambrose University Davenprt, IAScholarships$26,750
Clinton Community College Clinton, IAScholarships$26,000
University of Northern Iowa Cedar Rapids, IAScholarships$21,150
Wartburg College Waverly, IAScholarships$12,650
Kirkwood Community College Cedar Rapids, IAScholarships$7,450
Scott Community College Bettendorf, IAScholarships$7,150
Cornell College Mt Vernon, IAScholarships$6,000
Clarke University Dubuque, IAScholarships$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K202020212022202320242025
Metric202520242023
Total Assets$2,745,548$2,780,472$2,777,270
Revenue$226,819$220,565$261,363
Expenses$267,593$232,313$190,705
Qualifying Distributions$255,087$221,326$190,411
Net Investment Income$216,663$215,077$261,069
Distributable Amount$216,873$218,946$192,470

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 26, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 22, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 26, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 17, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Mount Saint Clare Education Charitable's only listed officer is Clinton National Bank, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • Clinton National Bank

    Trustee

    On filings since 2020

    1.5 hrs/week

    $10K (2020) → $20K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Clinton National Bank — Trustee: $20KClinton National BankTrustee$20K

Frequently asked questions about Mount Saint Clare Education Charitable

How much does Mount Saint Clare Education Charitable give each year?

Mount Saint Clare Education Charitable gave $241K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $211K across 16 grants.

What is Mount Saint Clare Education Charitable's typical grant size?

Mount Saint Clare Education Charitable's median grant in 2025 was $7,300, and its average grant was $17,214, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Mount Saint Clare Education Charitable that year got $2K on average.

Where does Mount Saint Clare Education Charitable give grants?

Mount Saint Clare Education Charitable gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cedar Rapids, IA (3 grants) and Dubuque, IA (2 grants).

Does Mount Saint Clare Education Charitable give general operating support?

Not in 2025: none of the 14 grants with a stated purpose on Mount Saint Clare Education Charitable's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (14 grants).

Who are Mount Saint Clare Education Charitable's largest grantees?

Mount Saint Clare Education Charitable's largest 2025 grantees include University of Iowa ($68,250), Iowa State University ($53,450) and St Ambrose University ($26,750), according to its 2025 IRS Form 990-PF. Together they received 62% of its itemized 2025 grant dollars.

How large is Mount Saint Clare Education Charitable?

Mount Saint Clare Education Charitable reported $2.7M in total assets on its 2025 IRS Form 990-PF. It paid out $255K in qualifying distributions that year, against a required minimum of $217K (roughly 5% of its investment assets).

What is Mount Saint Clare Education Charitable?

Mount Saint Clare Education Charitable is a private foundation focused on Education, based in Clinton, IA. It holds $2.7M in total assets as of 2025.

What is Mount Saint Clare Education Charitable's EIN?

Mount Saint Clare Education Charitable's EIN (Employer Identification Number) is 45-5445734. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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