Mount Saint Clare Education Charitable

Private foundation · Grantmaker Clinton, IA EIN: 45-5445734

Mount Saint Clare Education Charitable is a private foundation based in Clinton, Iowa. Its 2025 filing reports grants for scholarships to Iowa colleges and universities.

Mount Saint Clare Education Charitable at a glance

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.

Annual giving (2025)
$241,000
+14.2% vs 2024
Grants made (2025)
14
-12.5% vs 2024
Average grant
$17,214
+30.5% vs 2024
Median grant
$7,300
Total assets
$2,745,548
-1.3% vs 2024
New grantees (estimate)
7% first-time grantees (1 of 14, 2025; small sample)
Primary geography
Iowa (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

How to apply to Mount Saint Clare Education Charitable

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 235 6Th Avenue South, Clinton, IA 52732-4305
Phone: (563) 243-1243

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Mount Saint Clare Education Charitable funds

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

The largest 2025 recipient was University of Iowa ($68K). Together the top 10 received $234K.

Grant Size Distribution

84 grants across all recorded years

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

The most common grant size was under $50K: 80 grants of 84 (95%).

Geographic Focus

Where this funder awards grants

All reported 2025 grant dollars went to recipients in Iowa.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 14 itemized grants.

States

Cities

Cedar RapidsDubuqueDes MoinesAmesClintonDavenprtIowa CityWaverlyBettendorfDecorahPellaSioux CityMt VernonFayetteIndianolaMarshalltownMuscatineRock IslandMason CityNeeded

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. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K18 grants2020 19 grants2021 18 grants2022 17 grants2023 16 grants2024 14 grants2025

From 2020 to 2025, annual grant giving ranged from $172K (2020) to $241K (2025). In 2025 it made 14 grants totaling $241K.

Grants by year

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
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,745,548$226,819$267,593$241,00014$255,087$216,663$216,873
2024$2,780,472$220,565$232,313$211,10016$221,326$215,077$218,946
2023$2,777,270$261,363$190,705$177,50017$190,411$261,069$192,470
2022$2,703,512$191,777$235,413$212,60018$220,799$185,498$200,092
2021$2,747,148$429,818$190,768$173,00019$181,260$424,098$220,223
2020$2,507,698$168,318$185,350$172,20018—$163,197$187,364

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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The available grant records show support for higher education through scholarships. Recipients include public and private colleges and universities. St. Ambrose University describes its mission as empowering learners to seek wisdom through faith and reason, work for justice, and lead lives of service. Wartburg College says it challenges and nurtures students for lives of leadership and service. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2025, the foundation reported 14 grants totaling $241,000. Grants ranged from $1,000 to $68,250, with a median grant of $7,300. Larger awards included $68,250 to the University of Iowa, $53,450 to Iowa State University, $26,750 to St. Ambrose University, $26,000 to Clinton Community College, and $21,150 to the University of an individual recipient The stated purposes for these grants were scholarships.

Leadership & Key People

Leadership team and compensation from IRS filings

Clinton National Bank is listed as trustee on the 2025 filing.

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

The highest reported compensation on the 2025 filing was $20K, to Clinton National Bank (Trustee).

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 does Mount Saint Clare Education Charitable fund?

The available grant records show support for higher education through scholarships. Recipients include public and private colleges and universities. St. See mission & focus areas ↑

How do I apply for a grant from Mount Saint Clare Education Charitable?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

Does Mount Saint Clare Education Charitable 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

(7)

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

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Cite this profile

Grantable. (2026). Mount Saint Clare Education Charitable funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/mount-saint-clare-education-charitable-morg_e052e66d0afb47b0977d3d82915162f7

BibTeX
@misc{grantable_455445734_2026,
  author       = {{Grantable}},
  title        = {{Mount Saint Clare Education Charitable funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/mount-saint-clare-education-charitable-morg_e052e66d0afb47b0977d3d82915162f7},
  note         = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Mount Saint Clare Education Charitable'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.

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