The Nancy-Clay Marsteller

Private foundation · Grantmaker Cleveland, OH EIN: 34-1603345

The Nancy-Clay Marsteller is a private foundation, based in Cleveland, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $743K in total assets. In 2025, it awarded 1 grant totaling $15K. Net investment income was $41K.

Key facts about The Nancy-Clay Marsteller

In short: The Nancy-Clay Marsteller gave $15K across 1 grant in 2025 (avg $15K), mostly in Ohio. Source: 2025 IRS Form 990-PF.

EIN
34-1603345
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$15,000
Grants made (2025)
1
Average grant
$15,000
Median grant
$15,000
Total assets
$742,542
Primary geography
Ohio (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$743K

+3.6% YoY

Annual Giving

$15K

+100.0% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$15K

+300.0% YoY

Under IRS private-foundation payout rules, The Nancy-Clay Marsteller reported a distributable amount of $108K for 2025 — the minimum it must pay out in qualifying distributions.

How The Nancy-Clay Marsteller gives

  • In 2025 it paid out 14% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

ClevelandShaker HeightsKnoxville

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K3 grants2020 2 grants2021 0 grants2022 0 grants2023 2 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $8K (2024) to $510K (2021). In 2025 it made 1 grant totaling $15K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

St Peter's Lutheran Church: $15KSt Peter's Lutheran Church$15K

The largest 2025 recipient was St Peter's Lutheran Church ($15K).

Grant Size Distribution

5 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
St Peter's Lutheran Church Shaker Heights, OHEducation$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$742,542$716,485$691,027
Revenue$47,115$41,746$41,285
Expenses$21,058$16,288$4,139
Qualifying Distributions$15,000$7,500—
Net Investment Income$41,057$32,958$37,146
Distributable Amount$108,261$91,143$81,918

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

The Nancy-Clay Marsteller is led by Nancy-Clay Marsteller, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Nancy-Clay Marsteller

    President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Alan M. Rauss

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Malcolm P. Aalders

    Treasurer

    On filings since 2020

    0.1 hrs/week

    No compensation reported

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.

Frequently asked questions about The Nancy-Clay Marsteller

How much does The Nancy-Clay Marsteller give each year?

The Nancy-Clay Marsteller gave $15K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 2 grants.

How large is The Nancy-Clay Marsteller?

The Nancy-Clay Marsteller reported $743K in total assets on its 2025 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $108K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The Nancy-Clay Marsteller operate?

The Nancy-Clay Marsteller has awarded grants in Ohio, Tennessee.

What is The Nancy-Clay Marsteller's EIN?

The Nancy-Clay Marsteller's EIN (Employer Identification Number) is 34-1603345. 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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