Glaser Foundation Inc
- Assets
- $12.4m
- Revenue
- $311.4k
- Investments
- $12.3m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 12/1954
- Data as of
- 11/2023
- EIN
- 91-6028694
Organization Overview
Glaser Foundation Inc is located in Milwaukee, WI. The organization was established in 1954. 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. Glaser 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 11/2023, Glaser Foundation Inc generated $311.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $805.0k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Glaser Foundation Inc has awarded 223 individual grants totaling $2,165,785. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE - THE TAXPAYER MERELY MAKES GRANTS TO THE RECIPIENTS.
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 |
|---|---|---|---|
R William Carlstrom Vice President | 5 | $5,000 | |
Walt Smith Secretary | 5 | $5,000 | |
Matt Carlson Treasurer | 5 | $5,000 | |
Janet L Politeo Board Member | 5 | $5,000 | |
Krista Grinstein Board Member | 5 | $5,000 | |
Josh Pan Board Member | 5 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $354,304 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$43,229 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $325 |
| Total Revenue | $311,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $865 |
| Total operating and administrative expenses | $125,543 |
| Contributions, gifts, grants paid | $679,500 |
| Total expenses and disbursements | $805,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,865 |
| 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 | $12,280,453 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,351,318 |
| 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, Glaser Foundation Inc has awarded $816,615 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
SAFE HARBOR FREE CLINIC PURPOSE: GENERAL OPERATING | $5,000 |
POINT DEFIANCE ZOOLOGICAL SOCIETY PURPOSE: GENERAL OPERATING | $10,000 |
CENTER FOR CHRONIC ILLNESS PURPOSE: GENERAL OPERATING | $5,000 |
FARESTART PURPOSE: GENERAL OPERATING | $30,000 |
SOUTH SEATTLE WOMENS HEALTH FDN PURPOSE: GENERAL OPERATING | $15,000 |
LIFELONG-HEALTH FOR ALL PURPOSE: GENERAL OPERATING | $25,000 |