Eugene And Marilyn Glick Foundation Corporation
- Assets
- $312.1m
- Revenue
- $15.1m
- Investments
- $311.6m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/1983
- Data as of
- 11/2022
- EIN
- 35-1549707
Organization Overview
Eugene And Marilyn Glick Foundation Corporation is located in Indianapolis, IN. The organization was established in 1983. 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. Eugene And Marilyn Glick Foundation Corporation 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 11/2022, Eugene And Marilyn Glick Foundation Corporation generated $15.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (42.0%) each year. All expenses for the organization totaled $21.2m during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Eugene And Marilyn Glick Foundation Corporation has awarded 294 individual grants totaling $32,459,006. 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 |
|---|---|---|---|
Lynda Schwartz Board Member | 1 | $0 | |
Jacqueline Barrett Board Member | 1 | $0 | |
David O Barrett President, Ceo, Vice Chair | 1 | $0 | |
Arlene Grande Board Member | 1 | $0 | |
Alice Meshbane Board Member | 1 | $0 | |
James T Bisesi Secretary, Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $879,854 |
| Dividends & Interest | $3,112,587 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,535,634 |
| Capital Gain Net Income | $5,535,634 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,593,445 |
| Total Revenue | $15,121,520 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $470,058 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $93,947 |
| Printing and publications | $0 |
| Other expenses | $44,187 |
| Total operating and administrative expenses | $3,919,921 |
| Contributions, gifts, grants paid | $17,254,975 |
| Total expenses and disbursements | $21,174,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $555,015 |
| 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 | $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 | $285,428,725 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $312,147,420 |
| 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, Eugene And Marilyn Glick Foundation Corporation has awarded $17,254,975 in support to 160 organizations.
| Grant Recipient | Amount |
|---|---|
Indianapolis, IN PURPOSE: RESIDENT SUCCESS GRANT $1,875,000; SUCCESS CENTER GRANT $1,875,000; ANNUAL CONTRIBUTION $10,660,000 | $14,410,000 |
TEENWORKS INC PURPOSE: SUPPORT PROGRAM | $1,507,500 |
Indianapolis, IN PURPOSE: ANNUAL DONATION AND TO SUPPORT ANNUAL FUNDRAISER AND ELEVATE | $280,600 |
Indianapolis, IN PURPOSE: SUPPORT PROGRAM AND 2023 BROADWAY SERIES | $70,000 |
New York, NY PURPOSE: SUPPORT PROGRAM | $55,000 |
COMMUNITY FOUNDATION OF LOUISVILLE INC(THE) PURPOSE: SUPPORT RACIAL JUSTICE COHORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |
William R Kenan Jr Charitable Trust Chicago, IL | $564,490,046 | $137,606,226 |
Polk Bros Foundation Inc Chicago, IL | $329,136,356 | $57,050,478 |
Pritzker Foundation Chicago, IL | $0 | $47,756,040 |
Trott Family Foundation Chicago, IL | $0 | $2,395,873 |
Anthem Foundation Inc Indianapolis, IN | $153,394,091 | $25,472,782 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Manton Foundation Chicago, IL | $499,091,994 | $69,635,634 |