Glenstone Foundation
POTOMAC, MD EIN: 20-5938416
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$3.0B
+2.5% YoY
Annual Giving
$15.3M
+441.4% YoY
Grant Count
7
-46.2% YoY
Avg Grant Size
$2.2M
+905.4% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,987,597,855 | $2,913,564,506 | $2,794,166,064 |
| Revenue | $15,876,524 | $266,804,717 | $132,610,613 |
| Expenses | $64,781,193 | $51,950,857 | $44,935,436 |
| Qualifying Distributions | $144,417,623 | $180,343,316 | $142,367,219 |
| Net Investment Income | $7,515,566 | $187,586,200 | $64,604,563 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Glenstone Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MITCHELL P RALES | CHAIRMAN/DIRECTOR | 30 | — |
| EMILY W RALES | PRESIDENT | 50 | — |
| C SCOTT BRANNAN | VICE PRES./TREASURER/DIRECTOR | 20 | — |
| RACHEL L S PLUMLEY | SECRETARY/DIRECTOR | 10 | — |
| ANTHONY CERVENY | CHIEF OPERATING OFFICER - UNTIL 4/2024 | 50 | $111,439 |
| NOORDIN MOLOO | DIRECTOR OF FINANCE | 50 | $247,889 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Massachusetts $11.9M (31%)
District of Columbia $11.4M (30%)
New York $10.6M (28%)
Maryland $3.6M (10%)
Maine $490K (1%)
Illinois $115K (0%)
Florida $50K (0%)
Vermont $40K (0%)
+5 more states
States
Cities
BaltimoreChevy ChaseChicagoEnglewoodFoxboroughHoustonLos AngelesMiamiNew WindsorNortheast HarborNyPhiladelphiaPotomacRockvilleShelburneSilver SpringTucsonWashington
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Glenstone Foundation on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry