Glory Foundation
- Assets
- $91.2k
- Revenue
- $909.3k
- Investments
- $76.2k
- Employees
- 0
- Location
- Tigard, OR
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 72-1574570
Organization Overview
Glory Foundation is located in Tigard, OR. The organization was established in 2004. 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. Glory 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 12/2021, Glory Foundation generated $909.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $344.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (27.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Glory Foundation has awarded 135 individual grants totaling $18,735,500. 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 |
|---|---|---|---|
Katherine A Eiting President | 15 | $0 | |
Sr Mary Lou Lafferty Osf Director | 1 | $0 | |
Sr Beth Fitzpatrick Ocarm Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $606,305 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,139 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $297,810 |
| Capital Gain Net Income | $297,810 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $909,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $44,098 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $344,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,038 |
| 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 | $91,211 |
| 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, Glory Foundation has awarded $3,000,000 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: CHARITABLE | $517,010 |
Dallas, TX PURPOSE: CHARITABLE | $517,010 |
Silver Spring, MD PURPOSE: CHARITABLE | $315,000 |
Silver Spring, MD PURPOSE: CHARITABLE | $315,000 |
Tigard, OR PURPOSE: CHARITABLE | $125,990 |
Tigard, OR PURPOSE: CHARITABLE | $125,990 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Glory Foundation has recieved totaling $41,665.
| Awarding Organization | Amount |
|---|---|
Animal Legal Defense Fund Cotati, CA PURPOSE: See Details on Sch I page 4 | $41,665 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |