Glacs Endowment Fund

HONOLULU, HI EIN: 26-3945798

Glacs Endowment Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $4.3M. Net investment income was $299K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$4.3M

+365.1% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$1.4M

+365.1% YoY

Under IRS private-foundation payout rules, Glacs Endowment Fund reported a distributable amount of $135K for 2024 — the minimum it must pay out in qualifying distributions.

About Glacs Endowment Fund

Based on IRS filings

Glacs Endowment Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $4.3M. Net investment income was $299K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AlexandriaArlingtonChicagoHonoluluMamaroneckMilwaukeeNew YorkPhiladelphiaSherman OaksVariousWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
Total Assets$4,011,355$4,625,145
Revenue$324,459$357,939$969,237
Expenses$4,335,166$971,729$1,009,271
Qualifying Distributions$4,323,364$931,508$982,948
Net Investment Income$299,099$340,616$658,995
Distributable Amount$134,944$209,970$236,063

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M12 grants202017 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

BRADLEY IMPACT FUND$4.1MLEADERSHIP INSTITUTE$250KPASSTHROUGH CHARITY DONA…$44

Grant Size Distribution

38 grants across all recorded years

30<$50K2$50–100K$100–250K3$250–500K2$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bradley Impact Fund ($4,071,462), Leadership Institute ($250,000), Passthrough Charity Donations Reported on Sch K-1 ($44).

RecipientPurposeAmount
BRADLEY IMPACT FUND MILWAUKEE, WIGENERAL EXEMPT FUNCTION PROGRAMS$4,071,462
LEADERSHIP INSTITUTE ARLINGTON, VAGENERAL EXEMPT FUNCTION PROGRAMS$250,000
PASSTHROUGH CHARITY DONATIONS REPORTED ON SCH K-1 VARIOUS, HIVARIOUS$44

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GARNET A GILESDIRECTOR, PRESIDENT, TREAS5
LOIS GILESDIRECTOR, SECRETARY0.5
AMANDA LUTZDIRECTOR0.1
CAROLYN NYGRENDIRECTOR0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Glacs Endowment Fund?

Glacs Endowment Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HONOLULU, HI. It holds — in total assets as of 2024.

Where does Glacs Endowment Fund operate?

Glacs Endowment Fund has awarded grants in California, District of Columbia, Hawaii, Illinois, New York, Pennsylvania, Virginia, Wisconsin.

What size grants does Glacs Endowment Fund award?

In 2024, Glacs Endowment Fund awarded 3 grants totaling $4.3M — an average of about $1.4M per grant, based on its IRS Form 990 filings.

How much is Glacs Endowment Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Glacs Endowment Fund reported a distributable amount of $135K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Glacs Endowment Fund's EIN?

Glacs Endowment Fund's EIN (Employer Identification Number) is 26-3945798. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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