The Arthur J Glatfelter Foundation
- Assets
- $53.5m
- Revenue
- $2.3m
- Investments
- $45.9m
- Employees
- 0
- Location
- York, PA
- Founding
- 09/1989
- Data as of
- 12/2022
- EIN
- 23-2573295
Organization Overview
The Arthur J Glatfelter Foundation is located in York, PA. The organization was established in 1989. 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. Arthur J Glatfelter 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, Arthur J Glatfelter Foundation generated $2.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Arthur J Glatfelter Foundation has awarded 292 individual grants totaling $9,571,852. 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 |
|---|---|---|---|
Anthony P Campisi President | 0 | $0 | |
Mark S Schmidt Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $40,867 |
| Dividends & Interest | $1,404,751 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $813,992 |
| Capital Gain Net Income | $813,992 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,651 |
| Total Revenue | $2,261,261 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $94,665 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $152,224 |
| Total operating and administrative expenses | $256,090 |
| Contributions, gifts, grants paid | $3,502,008 |
| Total expenses and disbursements | $3,758,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,138,788 |
| Savings and temporary cash investments | $0 |
| 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 | $6,425,345 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $45,883,399 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $77,150 |
| Total assets | $53,524,682 |
| 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, The Arthur J Glatfelter Foundation has awarded $3,502,008 in support to 109 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: TO HELP FUND THE OPERATIONS OF THE VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS. | $40,000 |
AMERICAN CANCER SOCIETY PURPOSE: TO HELP FUND THE OPERATIONS OF THE VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS. | $40,000 |
AMERICAN RED CROSS PURPOSE: TO HELP FUND THE OPERATIONS OF THE VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS. | $75,000 |
APPELL CENTER PURPOSE: TO HELP FUND THE OPERATIONS OF THE VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS. | $30,000 |
APPELL CENTER PURPOSE: TO HELP FUND THE OPERATIONS OF THE VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS. | $60,000 |
BYRNES HEALTH EDUCATION CENTER PURPOSE: TO HELP FUND THE OPERATIONS OF THE VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS. | $25,000 |