Glastad Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUCCASUNNA, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $653K in total assets. In 2024, it awarded 17 grants totaling $30K. Net investment income was $64K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$653K
+7.1% YoY
Annual Giving
$30K
-9.1% YoY
Grant Count
17
-10.5% YoY
Avg Grant Size
$2K
+1.6% YoY
Under IRS private-foundation payout rules, Glastad Charitable Trust reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About Glastad Charitable Trust
Based on IRS filings
Glastad Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUCCASUNNA, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $653K in total assets. In 2024, it awarded 17 grants totaling $30K. Net investment income was $64K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $653,300 | $610,081 | $636,150 |
| Revenue | $65,409 | $8,637 | $-19,840 |
| Expenses | $31,951 | $34,706 | $40,904 |
| Qualifying Distributions | $31,140 | $33,000 | $30,000 |
| Net Investment Income | $64,208 | $10,008 | — |
| Distributable Amount | $30,219 | $34,555 | $32,858 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Team ($4,000), Washed in the World ($4,000), Bible Exposition Institute ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Allegro Organizational Solutions Houston, TX | General support | $2,000 |
| CRU Orlando, FL | General support | $2,000 |
| SIM USA Charlotte, NC | General support | $1,000 |
| Teach Beyond Downers Grove, IL | General support | $1,200 |
| Student Mobilization Conway, AR | General support | $1,000 |
| Wheaton Academy West Chicago, IL | General support | $1,000 |
| Global Service Network Brooklyn, NY | General support | $2,000 |
| Love God Greatly Heath, TX | General support | $2,000 |
| TEAM Carol Stream, IL | General Support | $4,000 |
| Bible Exposition Institute Denton, TX | General Support | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joyce Everswick | Trustee | — | — |
| Mark Everswick | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Glastad Charitable Trust?
Glastad Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUCCASUNNA, NJ. It holds $653K in total assets as of 2024.
How large is Glastad Charitable Trust?
As of 2024, Glastad Charitable Trust holds $653K in total assets with $65K in annual revenue. It awarded 17 grants totaling $30K in 2024.
Where does Glastad Charitable Trust operate?
Glastad Charitable Trust has awarded grants in Arkansas, California, Florida, Illinois, Minnesota, North Carolina, New Jersey, New York, Pennsylvania, Texas.
What size grants does Glastad Charitable Trust award?
In 2024, Glastad Charitable Trust awarded 17 grants totaling $30K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Glastad Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Glastad Charitable Trust reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Glastad Charitable Trust's EIN?
Glastad Charitable Trust's EIN (Employer Identification Number) is 65-6239371. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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