Glaser Foundation Inc
- Assets
- $12.7m
- Revenue
- $1.9m
- Investments
- $12.6m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 12/1954
- Data as of
- 11/2021
- EIN
- 91-6028694
Organization Overview
Glaser Foundation Inc is located in Milwaukee, WI. The organization was established in 1954. 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. Glaser Foundation Inc 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 11/2021, Glaser Foundation Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.0% each year . All expenses for the organization totaled $968.0k during the year ending 11/2021. While expenses have increased by 7.4% per year over the past 3 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 2015, Glaser Foundation Inc has awarded 223 individual grants totaling $2,165,785. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE - THE TAXPAYER MERELY MAKES GRANTS TO THE RECIPIENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R William Carlstrom Vice President | 5 | $6,000 | |
Walt Smith Secretary | 5 | $6,000 | |
Matt Carlson Treasurer | 5 | $6,000 | |
Janet L Politeo Board Member | 5 | $6,000 | |
Krista Grinstein Board Member | 5 | $6,000 | |
Joanne Van Sickle Board Member | 5 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $230,658 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,599,172 |
| Capital Gain Net Income | $1,599,172 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,500 |
| Total Revenue | $1,852,330 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,731 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,320 |
| Total operating and administrative expenses | $151,418 |
| Contributions, gifts, grants paid | $816,615 |
| Total expenses and disbursements | $968,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $79,783 |
| 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 | $1,838,348 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,723,613 |
| 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, Glaser Foundation Inc has awarded $816,615 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF GREATER SEATTLE PURPOSE: GENERAL OPERATING | $50,000 |
GIRLS INC PURPOSE: GENERAL OPERATING | $40,000 |
Seattle, WA PURPOSE: GENERAL OPERATING | $30,000 |
Seattle, WA PURPOSE: GENERAL OPERATING | $25,000 |
Seattle, WA PURPOSE: GENERAL OPERATING | $25,000 |
KINDERING PURPOSE: GENERAL OPERATING | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |