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Form 990-PFTax year 2024EIN 20-5938416

Glenstone Foundation

A private foundation in Potomac, MD. Its return for tax year 2024 lists 7 grants and $15.3 million paid in grants.

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Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $15,292,081

    Grants listed
    7
    Assets, end of year
    $2,987,597,855

  • Tax year 2023

    $2,824,691

    Grants listed
    13
    Assets, end of year
    $2,913,564,506

  • Tax year 2022

    $6,320,299

    Grants listed
    10
    Assets, end of year
    $2,794,166,064

  • Tax year 2021

    $8,510,012

    Grants listed
    10
    Assets, end of year
    $2,772,440,122

  • Tax year 2020

    $5,280,455

    Grants listed
    10
    Assets, end of year
    $2,347,640,541

  • Tax year 2019

    $544,607

    Grants listed
    6
    Assets, end of year
    $1,935,323,274

  • Tax year 2018

    $543,100

    Grants listed
    8
    Assets, end of year
    $1,802,445,216

Grants paid in 2024

7 grants, largest first

As listed on the return.

  1. Foundation to Combat AntisemitismFoxborough, MA

    Community support address inequality

    $11,871,000
  2. National Gallery of ArtLandover, MD

    Support the arts

    $1,800,000
  3. Scotland Ame ChurchPotomac, MD

    General support

    $1,500,000
  4. American Fund for the Southbank CentreNew York, NY

    Support the arts

    $50,252
  5. National Foundation for Advancement of the ArtsMiami, FL

    General support

    $50,000
  6. United Way of National Capital AreaWashington, DC

    General support

    $10,829
  7. Shelburne MuseumShelburne, VT

    Support the arts

    $10,000

Approved for future payment

2 grants

Approved in 2024 and not yet paid.

  1. Foundation to Combat AntisemitismFoxborough, MA

    Community support address inequality

    $13,129,000
  2. National Gallery of ArtLandover, MD

    Support the arts

    $2,000,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Arts and culture2 grants $1,810,00097% of the total
  2. International aid1 grant $50,2523% of the total

By State

Grants to organizations with a US address, latest year.

  1. Massachusetts1 grant $11,871,000
  2. District of Columbia2 grants $1,810,829
  3. Maryland1 grant $1,500,000
  4. New York1 grant $50,252
  5. Florida1 grant $50,000
  6. Vermont1 grant $10,000

Officers, directors and trustees

6 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Mitchell P RalesCHAIRMAN/DIRECTOR Hours 30Pay $0
  • Emily W RalesPRESIDENT Hours 50Pay $0
  • C Scott BrannanVICE PRES./TREASURER/DIRECTOR Hours 20Pay $0
  • Rachel L S PlumleySECRETARY/DIRECTOR Hours 10Pay $0
  • Anthony CervenyCHIEF OPERATING OFFICER - UNTIL 4/2024 Hours 50Pay $111,439
  • Noordin MolooDIRECTOR OF FINANCE Hours 50Pay $247,889

The return

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