Walter J and Natalie M Rais Foundation
Walter J and Natalie M Rais Foundation is a private foundation, based in Novi, MI. IRS filing data is available for 2021. In 2021, it awarded 3 grants totaling $1.7M. Net investment income was $920K.
Walter J and Natalie M Rais Foundation at a glance
In short: Walter J and Natalie M Rais Foundation gave $1.7M across 3 grants in 2021 (avg $579K), mostly in Michigan. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $1,738,000
- Grants made (2021)
- 3
- Average grant
- $579,333
- Median grant
- $800,000
- Primary geography
- Michigan (100% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Walter J and Natalie M Rais Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2021
The largest 2021 recipient was Monastery of the Blessed Sacrament ($900K). Together the top 3 received $1.7M.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $500K–1M range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 3 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 3 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Monastery of the Blessed Sacrament Farmington Hills, MI | Contribution - Benefit Monastery | $900,000 |
| St Wiliam Parish Walled Lake, MI | Parish Needs | $800,000 |
| Scleroderma Foundation Southfield, MI | Medical Research | $38,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|
| 2021 | $995,528 | $1,814,500 | $1,738,000 | 3 | $920,244 | $7,320 |
Under IRS private-foundation payout rules, Walter J and Natalie M Rais Foundation reported a distributable amount of $7K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Walter J and Natalie M Rais Foundation's 2021 filing lists 2 officers; 1 of 2 officers listed in 2021 is compensated.
Officers on the 2021 filing
Joseph H. Clancy
Trustee
New on the 2021 filing
$75K (2021)
Ursula Clancy
Trustee
New on the 2021 filing
No compensation reported
Data from IRS Form 990 filings, 2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $75K, to Joseph H Clancy (Trustee).
Frequently asked questions about Walter J and Natalie M Rais Foundation
How much does Walter J and Natalie M Rais Foundation give each year?
Walter J and Natalie M Rais Foundation gave $1.7M across 3 grants in 2021, according to its 2021 IRS Form 990-PF.
What is Walter J and Natalie M Rais Foundation's typical grant size?
Walter J and Natalie M Rais Foundation's median grant in 2021 was $800,000, and its average grant was $579,333, across 3 grants on its 2021 IRS Form 990-PF.
Where does Walter J and Natalie M Rais Foundation give grants?
Walter J and Natalie M Rais Foundation gives mostly in Michigan: 100% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there.
Does Walter J and Natalie M Rais Foundation give general operating support?
Not in 2021: none of the 3 grants with a stated purpose on Walter J and Natalie M Rais Foundation's 2021 IRS Form 990-PF were described as general or operating support.
How much is Walter J and Natalie M Rais Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Walter J and Natalie M Rais Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Walter J and Natalie M Rais Foundation's EIN?
Walter J and Natalie M Rais Foundation's EIN (Employer Identification Number) is 32-6021410. IRS Form 990 filing data is available on this page for 2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2021
Live grants for the work Walter J and Natalie M Rais Foundation funds
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