Walter J and Natalie M Rais Foundation

Private foundation · Grantmaker Novi, MI EIN: 32-6021410

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

Monastery of the Blessed Sacrament: $900KMonastery of the BlessedSacrament$900KSt Wiliam Parish: $800KSt Wiliam Parish$800KScleroderma Foundation: $38KScleroderma Foundation$38K

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

1<$50K$50–100K$100–250K$250–500K2$500K–1M$1–5M$5M+

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

1state

Share of 2021 grant dollars across all 3 itemized grants.

States

Cities

Farmington HillsSouthfieldWalled Lake

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M3 grants2021

In 2021 it made 3 grants totaling $1.7M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Monastery of the Blessed Sacrament Farmington Hills, MIContribution - Benefit Monastery$900,000
St Wiliam Parish Walled Lake, MIParish Needs$800,000
Scleroderma Foundation Southfield, MIMedical Research$38,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearRevenueExpensesGrants paidGrantsNet Investment IncomeDistributable Amount
2021$995,528$1,814,500$1,738,0003$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

Joseph H Clancy — Trustee: $75KJoseph H ClancyTrustee$75K

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

  1. IRS filings on file for fiscal year 2021

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Figures come from Walter J and Natalie M Rais Foundation'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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