Glenn W Bailey Charitable Tr
- Assets
- $221.1m
- Revenue
- $1.4m
- Investments
- $215.1m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- Data as of
- 12/2023
- EIN
- 88-6220262
Organization Overview
Glenn W Bailey Charitable Tr is located in West Palm Beach, FL. 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. Glenn W Bailey Charitable Tr 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 12/2023, Glenn W Bailey Charitable Tr generated $1.4m in total revenue. All expenses for the organization totaled $11.5m during the year ending 12/2023.
Since 2022, Glenn W Bailey Charitable Tr has awarded 134 individual grants totaling $15,783,100. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Na N/a | 0 | $0 | |
Na N/a | 0 | $0 | |
Na N/a | 0 | $0 | |
Stephen G Vogelsang ESQ Co-Trustee | 30 | $534,257 | |
Eileen J Daly Co-Trustee | 20 | $320,554 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $61 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,928,272 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,099,517 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $538,740 |
| Total Revenue | $1,367,556 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $854,811 |
| Other employee salaries and wages | $185,208 |
| Pension plans, employee benefits | $17,779 |
| Interest | $0 |
| Taxes | $153,174 |
| Depreciation | $0 |
| Occupancy | $86,363 |
| Travel, conferences, and meetings | $42,641 |
| Printing and publications | $0 |
| Other expenses | $30,308 |
| Total operating and administrative expenses | $1,466,324 |
| Contributions, gifts, grants paid | $10,059,000 |
| Total expenses and disbursements | $11,525,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $988,018 |
| 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 | $60,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $104,946,444 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,957,828 |
| Total assets | $221,073,027 |
| 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 | $2,333 |
| Total liabilities | $2,333 |
Grants Awarded
Over the last fiscal year, Glenn W Bailey Charitable Tr has awarded $10,059,000 in support to 86 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY FOR TEACHERS PURPOSE: STEM MASTER CLASSES | $30,000 |
ADMIRAL FARRAGUT ACADEMY PURPOSE: OCEAN WASTE TO PARK BENCHES AND 3D PRINTS: A STEM PROGRAM TO TACKLE PLASTIC POLLUTION | $15,000 |
ALACHUA CONSERVATION TRUST INCORPORATED PURPOSE: CREEKSIDE ENVIRONMENTAL ED FOR KIDS CREEK PROGRAM | $17,500 |
BIOBUS PURPOSE: BIOBUS HARLEM STEAM PATHWAY | $150,000 |
BOOLEAN GIRL PURPOSE: BOOLEAN GIRL CLUBHOUSE DC | $25,000 |
BUFFALO STATE COLLEGE FOUNDATION PURPOSE: INTEGRATED HIGHER EDUCATION APPROACH FOR CLEAN ENERGY RESEARCH AND WORKFORCE DEVELOPMENT | $50,000 |