Glow Foundation
- Assets
- $3.0m
- Revenue
- $340.8k
- Investments
- $2.9m
- Employees
- 0
- Location
- Powell, OH
- Founding
- 10/2008
- Data as of
- 12/2022
- EIN
- 26-0236432
Organization Overview
Glow Foundation is located in Powell, OH. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Glow 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, Glow Foundation generated $340.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $127.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Glow Foundation has awarded 16 individual grants totaling $499,303. 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 |
|---|---|---|---|
Name Not Listed President | 1 | $0 | |
Name Not Listed Secretary | 1 | $0 | |
Name Not Listed Treasurer | 1 | $0 | |
Name Not Listed Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $51,947 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $288,844 |
| Capital Gain Net Income | $288,844 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $340,791 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $321 |
| Total operating and administrative expenses | $24,646 |
| Contributions, gifts, grants paid | $102,930 |
| Total expenses and disbursements | $127,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $89,962 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,028,897 |
| 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, Glow Foundation has awarded $102,930 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OHIO STATE UNIVERSITY NISONGER CENTER PURPOSE: PURCHASE EQUIPMENT & PLAYGROUND IMPROVEMENTS. | $37,930 |
LIFETOWN LESSONS FOR LIFE PURPOSE: CHARITABLE PURPOSES | $15,000 |
DOWNS SYNDROME ASSOCIATION OF CENTRAL OHIO PURPOSE: DSACO GALA SUPPORT & SCHOLARSHIPS | $50,000 |