Mount Saint Clare Education Charitable
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
Share of all 14 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Iowa Iowa City, IA | Scholarships | $68,250 |
| Iowa State University Ames, IA | Scholarships | $53,450 |
| St Ambrose University Davenprt, IA | Scholarships | $26,750 |
| Clinton Community College Clinton, IA | Scholarships | $26,000 |
| University of Northern Iowa Cedar Rapids, IA | Scholarships | $21,150 |
| Wartburg College Waverly, IA | Scholarships | $12,650 |
| Kirkwood Community College Cedar Rapids, IA | Scholarships | $7,450 |
| Scott Community College Bettendorf, IA | Scholarships | $7,150 |
| Cornell College Mt Vernon, IA | Scholarships | $6,000 |
| Clarke University Dubuque, IA | Scholarships | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 22, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 17, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
- 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
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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