Edmund C Glover Foundation Inc
- Assets
- $391.2k
- Revenue
- $183.1k
- Investments
- $305.4k
- Employees
- 0
- Location
- West Point, GA
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 26-1157748
Organization Overview
Edmund C Glover Foundation Inc is located in West Point, GA. The organization was established in 2008. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Edmund C Glover 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 12/2023, Edmund C Glover Foundation Inc generated $183.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 42.1% each year . All expenses for the organization totaled $241.2k during the year ending 12/2023. While expenses have increased by 39.1% per year over the past 5 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 2020, Edmund C Glover Foundation Inc has awarded 32 individual grants totaling $729,750. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $247 |
| Dividends & Interest | $20,969 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $161,836 |
| Capital Gain Net Income | $161,836 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $183,052 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,018 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $3,218 |
| Contributions, gifts, grants paid | $238,000 |
| Total expenses and disbursements | $241,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,000 |
| Savings and temporary cash investments | $75,845 |
| 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 | $391,202 |
| 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, Edmund C Glover Foundation Inc has awarded $476,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CHATTAHOOCHEE EARLY LEARNING CENTER PURPOSE: CONTRIBUTION | $1,000 |
GEORGIA TECH FOUNDATION PURPOSE: CONTRIBUTION | $101,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: CONTRIBUTION | $25,000 |
LAGRANGE COLLEGE PURPOSE: CONTRIBUTION | $100,000 |
NEW HORIZON THEATRE PURPOSE: CONTRIBUTION | $1,000 |
ROTARY FOUNDATION PURPOSE: CONTRIBUTION | $10,000 |