Carrie E And Lena V Glenn Foundation Inc

Organization Overview

Carrie E And Lena V Glenn Foundation Inc is located in Gastonia, NC. The organization was established in 2005. 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. Carrie E And Lena V Glenn 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 06/2022, Carrie E And Lena V Glenn Foundation Inc generated $508.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $372.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Carrie E And Lena V Glenn Foundation Inc has awarded 348 individual grants totaling $3,827,600. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

A HISTORY OF THE GLENN FAMILY OF GASTON COUNTY, NORTH CAROLINA AND THE CARRIE E. AND LENA V. GLENN FOUNDATION HAS BEEN WRITTEN AS A GIFT TO THE GREATER GASTON COMMUNITY. THIS HISTORY HAS BEEN PUBLISHED AND THE BOOKS WILL BE GIFTED TO INDIVIDUALS AND ORGANIZATIONS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $27
Dividends & Interest $302,496
Net Rental Income$0
Net Gain on Sale of Assets $205,619
Capital Gain Net Income $205,619
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $42
Total Revenue $508,184

Grants Awarded

Over the last fiscal year, Carrie E And Lena V Glenn Foundation Inc has awarded $514,300 in support to 39 organizations.

Grant RecipientAmount

HABITAT FOR HUMANITY OF

PURPOSE: HOME REPAIR HOUSING SOLUTIONS

$75,000

SALVATION ARMY

PURPOSE: HVAC UNITS AT CENTER OF HOPE

$29,000

GASTON COUNTY EDUCATION FOUNDATION

PURPOSE: PUBLIC SCHOOL PROGRAMS

$25,000

BOYS AND GIRLS CLUBS

PURPOSE: COVID RESPONSE ENRICHMENT PROGRAM

$25,000

KEEP GASTONIA BEAUTIFUL

PURPOSE: GREAT PLACE TO BEE

$22,050

CRISIS ASSISTANCE MINISTRIES

PURPOSE: CRISIS ASSISTANCE PROGRAM

$20,000
View Grant Profile

Peer Organizations

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