William & Carola Glenon Charitable Foundation
- Assets
- $1.7m
- Revenue
- -$52.6k
- Investments
- $1.6m
- Employees
- 0
- Location
- Wellsboro, PA
- Founding
- Data as of
- 12/2023
- EIN
- 86-6441683
Organization Overview
William & Carola Glenon Charitable Foundation is located in Wellsboro, PA. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. William & Carola Glenon Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,808 |
| Dividends & Interest | $47,527 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$102,918 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$52,583 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,190 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $439 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11 |
| Total operating and administrative expenses | $22,248 |
| Contributions, gifts, grants paid | $78,250 |
| Total expenses and disbursements | $100,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $81,432 |
| 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 | $162,341 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,710,907 |
| 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, William & Carola Glenon Charitable Foundation has awarded $78,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MILL COVE INC PURPOSE: FURTHER CHARITABLEPURPOSE | $39,125 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: FURTHER CHARITABLEPURPOSE | $39,125 |