Gleason Family Foundation
- Assets
- $143.4m
- Revenue
- $27.9m
- Investments
- $131.4m
- Employees
- 0
- Location
- Pine Grove, CA
- Founding
- 01/2007
- Data as of
- 03/2022
- EIN
- 20-5804684
Organization Overview
Gleason Family Foundation is located in Pine Grove, CA. The organization was established in 2007. 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. Gleason 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 03/2022, Gleason Family Foundation generated $27.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $27.7m during the year ending 03/2022. While expenses have increased by 8.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gleason Family Foundation has awarded 242 individual grants totaling $62,547,621. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL SCHOOL CHOICE WEEK (NSCW) IS A NON-PARTISAN, NON-POLITICAL EFFORT TO RAISE BROAD PUBLIC AWARENESS OF THE PUBLIC, CHARTER, MAGNET, PRIVATE, ONLINE, AND HOME EDUCATION OPTIONS AVAILABLE FOR CHILDREN AND FAMILIES ACROSS THE U.S. IN 2020-21, NSCW PARTNERED TO PROVIDE FREE EDUCATIONAL RESOURCES TO 21,647 SCHOOLS, HOMESCHOOL GROUPS, AND ORGANIZATIONS AND PLAN 57 LARGE WEB-BASED SCHOOL FAIRS, INFORMATION SESSIONS, AND OTHER EVENTS. NSCW DEVELOPS AND MAINTAINS THE NATION'S MOST EXTENSIVE PORTFOLIO OF FREE SCHOOL SEARCH RESOURCES FOR PARENTS, CREATING 75 ARTICLES AND RESOURCE ROUNDUPS IN 2020-21, ULTIMATELY SERVING 1.37 MILLION FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy R Gleason Chairman, President And CEO | 50 | $508,585 | |
Clare H Mullin Exec Program Directo | 50 | $302,062 | |
Kimberly L Madsen Cfo, Secretary And Treasurer | 50 | $243,395 | |
Nicolle W Dougherty Exec Assisant | 40 | $123,342 | |
Haleigh L Madsen Logistics Manager | 45 | $112,229 | |
Gary J Kimmet Director | 0.5 | $44,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nscw Management Inc | 3/30/22 | $3,546,715 |
Emerald Advertising | 3/30/22 | $582,920 |
Blackrock | 3/30/22 | $182,160 |
Fedex | 3/30/22 | $404,669 |
Francisco Rochin | 3/30/22 | $158,685 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,164,076 |
| Net Rental Income | $811,837 |
| Net Gain on Sale of Assets | $9,019,534 |
| Capital Gain Net Income | $14,459,027 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,935,085 |
| Total Revenue | $27,930,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,102,362 |
| Other employee salaries and wages | $546,967 |
| Pension plans, employee benefits | $225,387 |
| Interest | $0 |
| Taxes | $142,249 |
| Depreciation | $414,169 |
| Occupancy | $185,915 |
| Travel, conferences, and meetings | $925,101 |
| Printing and publications | $169,690 |
| Other expenses | $3,648,435 |
| Total operating and administrative expenses | $10,438,185 |
| Contributions, gifts, grants paid | $17,280,125 |
| Total expenses and disbursements | $27,718,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,037,630 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $300,035 |
| 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 | $25,711 |
| Net Investments - land, buildings, equipment | $4,946,307 |
| Investments—mortgage loans | $0 |
| Investments—other | $89,427 |
| Net Land, buildings, and equipment | $583 |
| Other assets | $5,713,948 |
| Total assets | $143,400,975 |
| Accounts payable and accrued expenses | $460,468 |
| Grants payable | $2,277,848 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $829,777 |
| Total liabilities | $3,568,093 |
Grants Awarded
Over the last fiscal year, Gleason Family Foundation has awarded $15,599,178 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL SCHOOL CHOICE AWARENESS FOUNDATION PURPOSE: GENERAL SUPPORT | $6,187,767 |
NATIONAL SCHOOL CHOICE AWARENESS FOUNDATION PURPOSE: GENERAL SUPPORT | $5,981,481 |
Arlington, VA PURPOSE: GENERAL SUPPORT | $500,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $500,000 |
Indianapolis, IN PURPOSE: GENERAL SUPPORT | $400,000 |
Rochester, NY PURPOSE: GENERAL SUPPORT | $260,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |