Glencairn Foundation
- Assets
- $13.6m
- Revenue
- $579.6k
- Investments
- $13.1m
- Employees
- 0
- Location
- Jenkintown, PA
- Founding
- 03/1952
- Data as of
- 12/2022
- EIN
- 23-1429828
Organization Overview
Glencairn Foundation is located in Jenkintown, PA. The organization was established in 1952. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Glencairn 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 12/2022, Glencairn Foundation generated $579.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $805.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Glencairn Foundation has awarded 76 individual grants totaling $8,725,132. 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 |
|---|---|---|---|
Lynn P Genzlinger President | 0 | $0 | |
Jenny Maddock Director | 0 | $0 | |
Jake Brown Treasurer | 0 | $0 | |
Nita Holmes Director | 0 | $0 | |
Joan Lynch Director | 0 | $0 | |
Nicole Bau-Madsen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,266 |
| Dividends & Interest | $380,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $197,402 |
| Capital Gain Net Income | $3,576 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $579,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,982 |
| Total operating and administrative expenses | $30,224 |
| Contributions, gifts, grants paid | $774,822 |
| Total expenses and disbursements | $805,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $424,643 |
| 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 | $13,145,493 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,570,136 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Glencairn Foundation has awarded $774,822 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GEN CHURCH OF NEW JERUSALEM PURPOSE: UNRESTRICTED | $732,822 |
BEGIN A NEW LIFE PURPOSE: UNRESTRICTED | $15,000 |
ACADEMY OF THE NEW CHURCH PURPOSE: UNRESTRICTED | $27,000 |