Glasser And Rosenthal Family Foundation

Organization Overview

Glasser And Rosenthal Family Foundation is located in Chicago, IL. The organization was established in 2012. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Glasser And Rosenthal 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 08/2021, Glasser And Rosenthal Family Foundation generated $604.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 69.2% each year . All expenses for the organization totaled $4.3m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Glasser And Rosenthal Family Foundation has awarded 61 individual grants totaling $4,799,348. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PHILANTHROPIC FOUNDATION THAT PROVIDES SUPPORT TO TAX EXEMPT CHARITABLE ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GLASSER AND ROSENTHAL FAMILY FOUNDATION IS A PHILANTHROPIC GRANT MAKING INSTITUTION THAT SUPPORTS THE MISSION OF THE CHICAGO COMMUNITY TRUST THROUGH GRANTING FUNDS TO CHARITABLE ORGANIZATIONS WITHIN A DESIGNATED CLASS OF PURPOSE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $67,007
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $537,284
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $604,291

Grants Awarded

Over the last fiscal year, Glasser And Rosenthal Family Foundation has awarded $4,323,226 in support to 28 organizations.

Grant RecipientAmount

THE CHICAGO COMMUNITY TRUST

PURPOSE: To support Bandwith Music, Lost Boyz, Inc., Cultural Arts Fund and Capacity Building Fund

$890,000

THE CHICAGO COMMUNITY FOUNDATION

PURPOSE: To support affinity funds (AAL, LGBTQ, PWD, YL), WRT fund and the Capacity Building Fund

$1,270,000

GREATER CHICAGO FOOD DEPOSITORY

PURPOSE: General operating support

$256,613

CHICAGO COALITION FOR THE HOMELESS

PURPOSE: General operating support

$256,613

AUTOMOTIVE MENTORING GROUP INC

PURPOSE: General operating support

$100,000

CHICAGO HIGH SCHOOL FOR THE ARTS

PURPOSE: General operating support

$100,000
View Grant Profile

Peer Organizations

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Chicago, IL
$604,291
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$1,913,369
Leonard & Diane Sherman Family Foundation
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Real Estate Asset Legacy Foundation Of Kentucky Inc
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Easterseals Foundation Of Central Illinois
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