Gleeson Foundation
- Assets
- $3.2m
- Revenue
- $247.6k
- Investments
- $2.9m
- Employees
- 0
- Location
- Sioux City, IA
- Founding
- 12/1967
- Data as of
- 12/2023
- EIN
- 42-0933162
Organization Overview
Gleeson Foundation is located in Sioux City, IA. The organization was established in 1967. 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. Gleeson 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, Gleeson Foundation generated $247.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $262.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gleeson Foundation has awarded 87 individual grants totaling $2,141,770. 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 |
|---|---|---|---|
John W Gleeson Pres/tres | 0.5 | $0 | |
Karen Gleeson Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $167,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $78,668 |
| Capital Gain Net Income | $78,668 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,366 |
| Total Revenue | $247,581 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,164 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,054 |
| Total operating and administrative expenses | $26,218 |
| Contributions, gifts, grants paid | $236,000 |
| Total expenses and disbursements | $262,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,676 |
| Savings and temporary cash investments | $338,081 |
| 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 | $312 |
| Total assets | $3,231,801 |
| Accounts payable and accrued expenses | $20,000 |
| 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 | $10,544 |
| Total liabilities | $30,544 |
Grants Awarded
Over the last fiscal year, Gleeson Foundation has awarded $236,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ARNOLDS PARK RESTORE PURPOSE: RESTORE CAMPAIGN | $50,000 |
IOWA GREAT LAKES ASSOCIATION PURPOSE: UNRESTRICTED | $1,000 |
DICKINSON COUNTY TRAILS BOARD PURPOSE: UNRESTRICTED | $12,500 |
FRIENDS OF LAKESIDE LAB INC PURPOSE: UNRESTRICTED | $50,000 |
THE NATURE CONSERVANCY PURPOSE: UNRESTRICTED | $50,000 |
IOWA NATURAL HERITAGE FOUNDATION PURPOSE: UNRESTRICTED | $50,000 |