Albert B Glickman Family Foundation
- Assets
- $22.9m
- Revenue
- $1.3m
- Investments
- $15.2m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 08/1993
- Data as of
- 12/2022
- EIN
- 95-4423553
Organization Overview
Albert B Glickman Family Foundation is located in Portland, ME. The organization was established in 1993. 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. Albert B Glickman Family 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 12/2022, Albert B Glickman Family Foundation generated $1.3m 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 (25.5%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Albert B Glickman Family Foundation has awarded 277 individual grants totaling $9,541,485. 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 |
|---|---|---|---|
Judith Glickman Lauder President, Director | 2 | $0 | |
Jeffrey L Glickman Vice President, Director | 2 | $0 | |
Tigraw Glickman Vice President, Director | 2 | $0 | |
David P Glickman Vice President, Director | 2 | $0 | |
Brenner J Glickman Vice President, Director | 2 | $0 | |
E Clark Copelin Secretary, CFO Through 5.6.22 | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $913,099 |
| Dividends & Interest | $62,563 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,781 |
| Capital Gain Net Income | $30,781 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $290,233 |
| Total Revenue | $1,296,676 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,211 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $548,314 |
| Total operating and administrative expenses | $559,145 |
| Contributions, gifts, grants paid | $2,386,800 |
| Total expenses and disbursements | $2,945,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,217,443 |
| 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 | $5,460,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,965,986 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,878,647 |
| 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, Albert B Glickman Family Foundation has awarded $2,386,800 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
ALL FAITHS FOOD BANK PURPOSE: INDIGENT | $7,500 |
AMERICAN JEWISH WORLD SERVICE PURPOSE: RELIGIOUS | $10,000 |
AMERICAN FRIENDS OF LEKET ISRAEL PURPOSE: INDIGENT | $70,000 |
AMHERST COLLEGE PURPOSE: CULTURAL AND EDUCATIONAL ADVANCEMENT | $2,000 |
ANTI-DEFAMATION LEAGUE (ADL) NEW ENGLAND PURPOSE: CULTURAL AND EDUCATIONAL ADVANCEMENT | $10,000 |
ASSOCIATION OF REFORM ZIONISTS OF AMERICA (UNION FOR REFORM JUDAISM) PURPOSE: CULTURAL AND EDUCATIONAL ADVANCEMENT | $5,000 |