Glencoe Foundation Inc
Glencoe Foundation Inc is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.3M in total assets. In 2024, it awarded 2 grants totaling $467K. Net investment income was $692K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.3M
+3.2% YoY
Annual Giving
$467K
+38.4% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$234K
+38.4% YoY
Under IRS private-foundation payout rules, Glencoe Foundation Inc reported a distributable amount of $520K for 2024 — the minimum it must pay out in qualifying distributions.
About Glencoe Foundation Inc
Based on IRS filings
Glencoe Foundation Inc is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.3M in total assets. In 2024, it awarded 2 grants totaling $467K. Net investment income was $692K.
Ready to take the next step with Glencoe Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,332,633 | $7,108,199 | $7,062,980 |
| Revenue | $821,023 | $510,729 | $717,831 |
| Expenses | $594,495 | $444,518 | $999,323 |
| Qualifying Distributions | $467,107 | $337,580 | $892,810 |
| Net Investment Income | $692,173 | $416,932 | $614,410 |
| Distributable Amount | $519,747 | $453,142 | $473,712 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Clan Donald Lands Trust ($371,668), Robert Burns Society ($95,439).
| Recipient | Purpose | Amount |
|---|---|---|
| Clan Donald Lands Trust | Provide financial assistance for operating expenses and necessary capital improvements. | $371,668 |
| Robert Burns Society Mt Pleasant, SC | Provide financial assistance | $95,439 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gregory Inskip | President | 2 | — |
| Major Bruce Macdonald Ret'd | Vice President | 2 | — |
| John T Fay | Sec/Treasurer | 2 | — |
Frequently Asked Questions
How large is Glencoe Foundation Inc?
As of 2024, Glencoe Foundation Inc holds $7.3M in total assets with $821K in annual revenue. It awarded 2 grants totaling $467K in 2024.
Where does Glencoe Foundation Inc operate?
Glencoe Foundation Inc has awarded grants in South Carolina.
What size grants does Glencoe Foundation Inc award?
In 2024, Glencoe Foundation Inc awarded 2 grants totaling $467K — an average of about $234K per grant, based on its IRS Form 990 filings.
How much is Glencoe Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Glencoe Foundation Inc reported a distributable amount of $520K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Glencoe Foundation Inc's EIN?
Glencoe Foundation Inc's EIN (Employer Identification Number) is 51-0164761. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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