Gleason Family Impact Foundation
- Assets
- $1.1m
- Revenue
- $22.6k
- Investments
- $380.5k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 82-3684576
Organization Overview
Gleason Family Impact Foundation is located in Wilmington, DE. The organization was established in 2019. 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. Gleason Family Impact 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 12/2022, Gleason Family Impact Foundation generated $22.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (38.4%) each year. All expenses for the organization totaled $47.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Gleason Dir, Treas | 1 | $0 | |
Neil Gleason Dir, Pres, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,132 |
| Dividends & Interest | $14,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,593 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,710 |
| Total operating and administrative expenses | $10,736 |
| Contributions, gifts, grants paid | $36,250 |
| Total expenses and disbursements | $46,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $697,148 |
| 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 | $1,077,611 |
| 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, Gleason Family Impact Foundation has awarded $36,250 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
GOING TO THE SUN PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
MIRACLES FOR KIDS INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
MARCH OF DIMES INC PURPOSE: GENERAL & UNRESTRICTED | $500 |
SADDLEBACK COLLEGE FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
ORANGEWOOD FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
CALIFORNIA STATE PARKS FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $250 |