Glasser Family Fund
- Assets
- $1.1m
- Revenue
- $18.7k
- Investments
- $838.7k
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 81-4732393
Organization Overview
Glasser Family Fund is located in Menlo Park, CA. The organization was established in 2017. 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. Glasser Family Fund 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, Glasser Family Fund generated $18.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $236.0k during the year ending 12/2022. While expenses have increased by 14.8% per year over the past 6 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 2017, Glasser Family Fund has awarded 199 individual grants totaling $1,180,992. 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 |
|---|---|---|---|
Harvey Glasser President, Director | 1 | $0 | |
Gail Glasser Treasurer, Director | 3 | $0 | |
Barbara Murphy Secretary | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,310 |
| Interest on Savings | $6 |
| Dividends & Interest | $15,285 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,867 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,734 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $97 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,114 |
| Total operating and administrative expenses | $21,964 |
| Contributions, gifts, grants paid | $214,000 |
| Total expenses and disbursements | $235,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,384 |
| Savings and temporary cash investments | $27,752 |
| 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 | $20,022 |
| Total assets | $1,148,902 |
| 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, Glasser Family Fund has awarded $214,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVEMENT REWARDS FOR COLLEGE SCIENTISTS (ARCS) FOUNDATION INC PURPOSE: FUND SCHOLARSHIP PROGRAM FOR EDUCATION | $5,000 |
ALS TDI PURPOSE: DONATION TO HONOR COREY'S CRUSADE FOR A CURE. | $500 |
AMERICAN CONSERVATORY THEATRE FOUNDATION PURPOSE: DONATION TO FUND THEATRE EDUCATION & COMMUNITY OUTREACH PROGRAMS. | $5,000 |
CAL SHAKESPEARE THEATRE PURPOSE: SUPPORT THEATRE ARTS. | $5,000 |
CALIFORNIA ACADEMY OF SCIENCE PURPOSE: DONATION FOR AREA OF GREATEST NEED. | $1,000 |
CHABOT SPACE & SCIENCE CENTER PURPOSE: DONATION FOR AREA OF GREATEST NEED. | $5,000 |