Gloyd Family Foundation
- Assets
- $3.7m
- Revenue
- $103.8k
- Investments
- $3.7m
- Employees
- 0
- Location
- Peoria, IL
- Founding
- 07/1998
- Data as of
- 12/2023
- EIN
- 36-4140796
Organization Overview
Gloyd Family Foundation is located in Peoria, IL. The organization was established in 1998. 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. Gloyd 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, Gloyd Family Foundation generated $103.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $299.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Gloyd Family Foundation has awarded 114 individual grants totaling $809,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO WESTMINSTER PRESBYTERIAN CHURCH'S BUILDING FUND
DONATION TO ROSECRANCE
DONATION TO FAMILY PEACE CENTER
DONATION TO CARPENTERS PLACE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheryl Burdick Director | 10 | $27,500 | |
Susan Crowell Director | 10 | $22,500 | |
Julia Buchanan Director | 10 | $21,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $103,790 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $72,595 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $71,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,558 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,438 |
| Total operating and administrative expenses | $115,160 |
| Contributions, gifts, grants paid | $184,000 |
| Total expenses and disbursements | $299,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,681,732 |
| 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, Gloyd Family Foundation has awarded $184,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA PURPOSE: YOUTH EDUCATION AND SERVICES | $2,500 |
ROCKFORD ART MUSEUM PURPOSE: ART MAINTENANCE | $1,000 |
GIRL SCOUTS PURPOSE: CHILD DEVELOPMENT | $1,000 |
ROCKFORD DAY NURSERY PURPOSE: CHILD CARE | $5,000 |
ROCKFORD AREA HABITAT FOR HUMANITY PURPOSE: HOUSE CONSTRUCTION | $8,000 |
CORONADO PURPOSE: PROVISION OF PERFORMING ARTS | $2,500 |