Glenwood Development Foundation
Glenwood Development Foundation is a private foundation focused on Community Improvement & Capacity Building, based in Glenwood, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $232K in total assets. Net investment income was $6K.
Glenwood Development Foundation at a glance
- Total assets
- $231,813
- +0.6% vs 2024
- Revenue (2025)
- $6,037
- +13.2% vs 2024
- Net investment income (2025)
- $6,037
- +13.2% vs 2024
- Expenses (2025)
- $4,621
- +349.5% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|
| 2025 | $231,813 | $6,037 | $4,621 | $6,037 | — |
| 2024 | $230,397 | $5,331 | $1,028 | $5,331 | $11,421 |
| 2023 | $225,450 | $1,169 | $1,042 | $1,169 | $11,089 |
| 2022 | $33,984 | — | $739 | $481 | — |
| 2021 | $33,984 | $-56,103 | $2,501 | $248 | — |
| 2020 | $153,592 | $-12,553 | $9,142 | — | $3,254 |
Leadership & Key People
Officers and directors from IRS filings
Glenwood Development Foundation is led by Brent Cochran, President since 2024 (on filings since 2022) — the only officer listed, and uncompensated.
Officers on the 2025 filing
Brent Cochran
President
Director → President, 2024
On filings since 2022
No compensation reported
Former officers (4)
- Former: John Stone (2020–2023) — President
- Former: Erick Gandrud (2020–2022) — Director
- Former: William Ogdahl (2020–2022) — Director
- Former: Gene Wenstrom (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Glenwood Development Foundation
How large is Glenwood Development Foundation?
Glenwood Development Foundation reported $232K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $6K.
What is Glenwood Development Foundation?
Glenwood Development Foundation is a private foundation focused on Community Improvement & Capacity Building, based in Glenwood, MN. It holds $232K in total assets as of 2025.
What is Glenwood Development Foundation's EIN?
Glenwood Development Foundation's EIN (Employer Identification Number) is 46-2805862. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 2, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 31, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 30, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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