Eric Gleacher Foundation
- Assets
- $6.6m
- Revenue
- $156.7k
- Investments
- $6.6m
- Employees
- 0
- Location
- North Palm Beach, FL
- Founding
- 05/2008
- Data as of
- 12/2022
- EIN
- 20-8968979
Organization Overview
Eric Gleacher Foundation is located in North Palm Beach, FL. The organization was established in 2008. 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. Eric Gleacher 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, Eric Gleacher Foundation generated $156.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $190.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eric Gleacher Foundation has awarded 104 individual grants totaling $7,180,000. 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 |
|---|---|---|---|
Eric Jay Gleacher President, Director | 2 | $0 | |
Sarah E Gleacher Vice President, Director | 2 | $0 | |
John G Gleacher Vice President, Director | 2 | $0 | |
Jay S Gleacher Treasurer, Director | 2 | $0 | |
James E Gleacher Secretary, Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $181,831 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,568 |
| Capital Gain Net Income | $22,928 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$53,733 |
| Total Revenue | $156,668 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,279 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $500 |
| Total operating and administrative expenses | $19,576 |
| Contributions, gifts, grants paid | $170,500 |
| Total expenses and disbursements | $190,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,351 |
| 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 | $2,491,915 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,613,606 |
| 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, Eric Gleacher Foundation has awarded $170,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DONORSCHOOSEORG PURPOSE: ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $10,000 |
LOST TREE CHAPEL INC PURPOSE: ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $10,000 |
NATIONAL GOLF LINKS OF AMERICA PURPOSE: ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $10,000 |
STUDENT ADVOCACY INC PURPOSE: ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $10,000 |
THE JAMES C FERRER EDUCATION FUND INC PURPOSE: ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $5,000 |
THE MAIDSTONE CHARITABLE TRUST PURPOSE: ALL ARE FOR CULTURAL, MEDICAL, CHARITABLE, ETC. | $500 |