The Glein Family Foundation
- Assets
- $1.0m
- Revenue
- $85.1k
- Investments
- $696.1k
- Employees
- 0
- Location
- Gig Harbor, WA
- Founding
- Data as of
- 12/2023
- EIN
- 20-3761776
Organization Overview
The Glein Family Foundation is located in Gig Harbor, WA. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glein Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Glein Family Foundation generated $85.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $58.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Glein Family Foundation has awarded 149 individual grants totaling $168,987. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary A Glein President | 1 | $0 | |
Linda D Glein Vice President | 1 | $0 | |
Peter C Glein Treasurer | 0.1 | $0 | |
Christopher A Glein Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $62,965 |
| Interest on Savings | $9,313 |
| Dividends & Interest | $12,863 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,141 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $18 |
| Taxes | $624 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,338 |
| Total operating and administrative expenses | $2,980 |
| Contributions, gifts, grants paid | $55,302 |
| Total expenses and disbursements | $58,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,576 |
| Savings and temporary cash investments | $250,000 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,020,641 |
| Accounts payable and accrued expenses | $4,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,500 |
Grants Awarded
Over the last fiscal year, The Glein Family Foundation has awarded $55,302 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
GREAT PENINSULA CONSERVANCY PURPOSE: CONSERVATION AND EDUCATION | $1,000 |
INTERNATIONAL RESCUE COMMITTEE PURPOSE: AID TO POOR, IMPROVE FOREIGN RELATIONS | $250 |
HARBOR HISTORY MUSEUM PURPOSE: HISTORIC PRESERVATION AND EDUCATION | $500 |
HARBOR WILDWATCH PURPOSE: CONSERVATION AND EDUCATION | $1,000 |
ISSUE ONE PURPOSE: EDUCATION | $250 |
KBTC PURPOSE: PROGRAMING EDUCATION | $250 |