Louis A & Lillian L Glazer Family Foundation Inc
- Assets
- $1.2m
- Revenue
- $91.4k
- Investments
- $1.2m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 03/1964
- Data as of
- 12/2022
- EIN
- 51-0208796
Organization Overview
Louis A & Lillian L Glazer Family Foundation Inc is located in New Orleans, LA. The organization was established in 1964. 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. Louis A & Lillian L Glazer Family Foundation Inc 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 12/2022, Louis A & Lillian L Glazer Family Foundation Inc generated $91.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $170.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Louis A & Lillian L Glazer Family Foundation Inc has awarded 143 individual grants totaling $209,088. 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 |
|---|---|---|---|
Carole G Jacobson Vice-President/secretary | 5 | $8,750 | |
Aaron Middleberg Director | 5 | $7,500 | |
Jay A Glazer President | 10 | $8,750 | |
Laura Glazer Treasurer | 5 | $7,500 | |
Louise J Oblitz Director | 5 | $7,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,972 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,404 |
| Capital Gain Net Income | $35,404 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,376 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,043 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,481 |
| Total operating and administrative expenses | $66,782 |
| Contributions, gifts, grants paid | $103,215 |
| Total expenses and disbursements | $169,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,632 |
| Savings and temporary cash investments | $29,084 |
| 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 | $1 |
| Other assets | $0 |
| Total assets | $1,186,090 |
| 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, Louis A & Lillian L Glazer Family Foundation Inc has awarded $103,215 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSOCIATION PURPOSE: SUPPORT FOR MEDICAL RESEARCH TO CURE ALZHEIMERS DISEASE | $1,026 |
2ND HARVEST FOOD BANK PURPOSE: MISSION TO END HUNGER BY PROVIDING FOOD ACCESS, ADVOCACY, EDUCATION AND DISASTER RESPONSE | $1,040 |
AMERICAN CANCER SOCIETY PURPOSE: SUPPORT FOR WIDE RANGE OF EDUCATIONAL AND SOCIAL SERVICE PROGRAMS ATTRACTING DIVERSE PARTICIPATION ACROSS NEW ORLEANS JEWISH COMMUNITY | $528 |
CROHNS AND COLITIS FOUNDATION PURPOSE: SUPPORT FOR MEDICAL RESEARCH TO CURE CROHNS AND COLITIS DISEASE | $1,000 |
FRIENDS OF CITY PARK PURPOSE: SUPPORT FOR PUBLIC PARK | $1,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: SUPPORT TO STOP THE DEFAMATION OF JEWISH PEOPLE AND TO SECURE JUSTICE TO ALL | $200 |