Susan J Glazer Foundation
- Assets
- $6.0m
- Revenue
- $366.5k
- Investments
- $5.9m
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 11/1985
- Data as of
- 12/2023
- EIN
- 42-1258466
Organization Overview
Susan J Glazer Foundation is located in Des Moines, IA. The organization was established in 1985. 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. Susan J Glazer 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 12/2023, Susan J Glazer Foundation generated $366.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $774.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Susan J Glazer Foundation has awarded 89 individual grants totaling $2,481,990. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $356 |
| Dividends & Interest | $159,933 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $206,189 |
| Capital Gain Net Income | $206,189 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $366,478 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,582 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61,940 |
| Total operating and administrative expenses | $67,835 |
| Contributions, gifts, grants paid | $706,875 |
| Total expenses and disbursements | $774,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,141 |
| Savings and temporary cash investments | $0 |
| 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 | $6,049,021 |
| 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, Susan J Glazer Foundation has awarded $706,875 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUBS OF CENTRAL IA PURPOSE: EDUCATIONAL | $110,000 |
EISENHOWER HEALTH PURPOSE: HEALTH HUMAN SERVICES | $48,059 |
VARIETY CLUB PURPOSE: EDUCATIONAL | $10,000 |
DRAKE UNIVERSITY PURPOSE: EDUCATIONAL | $77,390 |
HIDDEN HARVEST PURPOSE: EDUCATIONAL | $10,000 |
UNITED WAY OF CENTRAL IOWA PURPOSE: EDUCATIONAL | $12,000 |