Globe Foundation
- Assets
- $0.0
- Revenue
- $2.1m
- Investments
- $23.3m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 11/1959
- Data as of
- 12/2020
- EIN
- 36-6054050
Organization Overview
Globe Foundation is located in Scottsdale, AZ. The organization was established in 1959. 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. Globe 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 12/2020, Globe Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.7m during the year ending 12/2020. While expenses have increased by 0.9% per year over the past 6 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 2015, Globe Foundation has awarded 526 individual grants totaling $18,258,781. 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 |
|---|---|---|---|
William Andrew Director | 0 | $0 | |
Bert A Getz Jr Vice President/director | 0 | $0 | |
Michael J Olsen Treasurer/asst. Secretary | 0 | $0 | |
George F Getz Secretary/director | 0 | $0 | |
Rock S Edwards Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $370,843 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,113,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $134,429 |
| Contributions, gifts, grants paid | $1,585,528 |
| Total expenses and disbursements | $1,719,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,494 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,008,264 |
| Other assets | $77,455 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,060,951 |
Grants Awarded
Over the last fiscal year, Globe Foundation has awarded $1,672,020 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
LAWRENCEVILLE SCHOOL PURPOSE: GENERAL FUND | $180,000 |
Scottsdale, AZ PURPOSE: OPERATING NEEDS | $150,000 |
OREGON SYMPHONY PURPOSE: GENERAL FUND | $125,000 |
Phoenix, AZ PURPOSE: GENERAL FUND | $120,000 |
Winnetka, IL PURPOSE: GENERAL FUND | $100,000 |
Chicago, IL PURPOSE: GENERAL FUND | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |