The Glustrom Family Foundation Inc
- Assets
- $4.7m
- Revenue
- $162.4k
- Investments
- $4.6m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2022
- EIN
- 83-2912156
Organization Overview
The Glustrom Family Foundation Inc is located in Atlanta, GA. 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. Glustrom 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, Glustrom Family Foundation Inc generated $162.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (49.6%) each year.
Since 2019, Glustrom Family Foundation Inc has awarded 74 individual grants totaling $754,065. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander J Glustrom President, Director | 0 | $0 | |
Robert C Glustrom Executive Vice President, Director | 0 | $0 | |
Pamela L Glustrom Treasurer, Asst. Secretary, Director | 0 | $0 | |
David M Glustrom Secretary, Director | 0 | $0 | |
Evan N Glustrom Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $65,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,933 |
| Capital Gain Net Income | $96,933 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $162,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,540 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $48,781 |
| Contributions, gifts, grants paid | $124,000 |
| Total expenses and disbursements | $172,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $85,196 |
| 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 | $4,672,202 |
| 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, The Glustrom Family Foundation Inc has awarded $124,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PRESBYTERIAN CHURCH PURPOSE: RELIGIOUS OUTREACH | $11,000 |
HEBREW BENEVOLENT CONGREGATION THE TEMPLE PURPOSE: EDUCATION AND SOCIAL JUSTICE | $25,000 |
ZOE EMPOWERS PURPOSE: FOCUSING ON EMPOWERING ORPHANS AND VULNERABLE CHILDREN TO BE ABLE TO PROVIDE FOR THEMSELVES | $5,000 |
LEAP YEAR PURPOSE: EDUCATION FOR FIRST GENERATION HIGH SCHOOL GRADUATES | $5,000 |
EMORY UNIVERSITY PURPOSE: ALZHEIMERS RESEARCH | $10,000 |
THE GLOBAL VILLAGE PROJECT INC PURPOSE: SCHOOL TO PROVIDE EDUCATION TO REFUGEE GIRLS AND YOUNG WOMEN WITH INTERRUPTED SCHOOLING | $5,000 |