Adolph & Eleanor Glabowicz Foundation
- Assets
- $1.8m
- Revenue
- $264.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- Wadsworth, IL
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 36-4471764
Organization Overview
Adolph & Eleanor Glabowicz Foundation is located in Wadsworth, IL. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public 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. Adolph & Eleanor Glabowicz 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 12/2021, Adolph & Eleanor Glabowicz Foundation generated $264.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $211.3k during the year ending 12/2021. While expenses have increased by 9.3% 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, Adolph & Eleanor Glabowicz Foundation has awarded 12 individual grants totaling $313,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne G Cullerton President | 1 | $0 | |
Judith Territo Vice-Preside | 1 | $0 | |
Janice Simmons Secretary | 1 | $0 | |
John Glabowicz Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $37,721 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $227,170 |
| Capital Gain Net Income | $227,170 |
| Net ST Capital Gain | $30,439 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23 |
| Total Revenue | $264,944 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $12 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $519 |
| Total operating and administrative expenses | $42,310 |
| Contributions, gifts, grants paid | $169,000 |
| Total expenses and disbursements | $211,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,581 |
| 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 | $768 |
| Total assets | $1,806,068 |
| 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, Adolph & Eleanor Glabowicz Foundation has awarded $169,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THE CATHOLIC CHARITIES PURPOSE: UNRESTRICTED AS NEEDED | $60,000 |
HOLY FAMILY FOOD PANTRY PURPOSE: UNRESTRICTED AS NEEDED | $44,000 |
Waukegan, IL PURPOSE: UNRESTRICTED AS NEEDED | $20,000 |
Milwaukee, WI PURPOSE: UNRESTRICTED AS NEEDED | $20,000 |
ST JUDES RESEARCH HOSPITAL PURPOSE: UNRESTRICTED AS NEEDED | $15,000 |
Waukegan, IL PURPOSE: UNRESTRICTED AS NEEDED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schuler Education Foundation Lake Forest, IL | $54,673,241 | $7,067,242 |
Thedacare Family Of Foundations Inc Appleton, WI | $89,256,611 | $25,439,996 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |