Kevin & Therese Glassman Foundation
The Kevin & Therese Glassman Foundation is a private foundation based in Woodbury, New York. It reported giving $42,592 across 10 grants in 2024, including grants to organizations involved in cancer research, treatment, and patient education, as well as other recipients.
Kevin & Therese Glassman Foundation at a glance
In short: Kevin & Therese Glassman Foundation gave $43K across 10 grants in 2024 (avg $4K), mostly in New York. 30% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $42,592
- +83.8% vs 2023
- Grants made (2024)
- 10
- +25.0% vs 2023
- Average grant
- $4,259
- +47.1% vs 2023
- Median grant
- $1,130
- Total assets
- $367,487
- -3.3% vs 2023
- New grantees (estimate)
- 30% first-time grantees (3 of 10, 2024; small sample)
- Primary geography
- New York (51% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Kevin & Therese Glassman Foundation
- How to Apply
-
The filing lists Kevin Glassman as the contact. It specifies no application form or materials, no deadlines, and no restrictions on awards.
- Contact
Application contact: Kevin Glassman
Mailing address: C/O Forvismazars Llp 60 Crossways, Park Drive W Ste 301, Woodbury, NY 11797
Phone: (516) 488-1200
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Kevin & Therese Glassman Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Mount Sinai Development Office ($20K). Together the top 10 received $43K.
Grant Size Distribution
75 grants across all recorded years
The most common grant size was under $50K: 75 grants of 75 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grants went to recipients in New York (51% of grant dollars), Washington, DC (29%), Vermont (12%), Utah (3%), and North Carolina (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
States
Cities
Is Kevin & Therese Glassman Foundation open to new grantees?
30%
first-time grantees, 2024
In 2024, 3 of 10 grantees (30%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $855; repeat grants $6K. How we count
Medians: $1K first-time, $1K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving grew 167% from 2021 to 2024. Method
- In 2024 it paid out 169% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $16K (2021) to $43K (2024). In 2024 it made 10 grants totaling $43K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Sinai Development Office New York, NY | General | $20,000 |
| ALS Association Washington, DC | General | $12,479 |
| Carlos Otis Stratton Stratton, VT | General | $5,000 |
| Healthtree Foundation South Jordan, UT | General | $1,454 |
| Swim Across America Charlotte, NC | General | $1,250 |
| Breakthrough T1D Headquarters New York, NY | General | $1,010 |
| Multiple Myeloma Research Foundation (MMRF) Norwalk, CT | General | $739 |
| The Nicholas Pedone Foundation Glen Cove, NY | General | $500 |
| Memorial Sloan Kettering Cancer Center New York, NY | General | $100 |
| Thirteen LLC New York, NY | General | $60 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $367,487 | $36,245 | $48,852 | $42,592 | 10 | $42,692 | $30,075 | $25,266 |
| 2023 | $380,094 | $31,355 | $35,464 | $23,169 | 8 | $26,781 | $22,434 | $21,658 |
| 2022 | $384,203 | $-30,916 | $37,269 | $27,651 | 9 | $29,545 | — | $23,694 |
| 2021 | $452,388 | $59,152 | $26,680 | $15,928 | 15 | $17,694 | $50,166 | $30,864 |
| 2020 | $428,211 | $396 | $43,714 | $32,065 | 33 | — | — | $26,205 |
Under IRS private-foundation payout rules, Kevin & Therese Glassman Foundation reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for organizations whose stated work includes cancer research and treatment. HealthTree Foundation describes its mission as providing education support and research for blood cancer patients, including people affected by multiple myeloma, leukemias, lymphomas, and myeloproliferative neoplasms. Swim Across America says it hosts charity swims that fund cancer research, prevention, and treatment. Memorial Sloan-Kettering Cancer Center describes its mission as leadership in cancer prevention, treatment, and cure through patient care, outreach, research, and education.
Grantmaking
In 2024, the foundation made 10 grants totaling $42,592. Grants ranged from $60 to $20,000, with a median grant of $1,130. Notable awards included $20,000 to Mount Sinai Development Office, $12,479 to the ALS Association, and $5,000 to Carlos Otis Stratton. Other grants included $1,454 to HealthTree Foundation, $1,250 to Swim Across America, and $1,010 to Breakthrough T1D Headquarters.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kevin Glassman as Chairman of the Board, Therese M Glassman as Treasurer, Rachael B Glassman as Secretary, and Ryan M Glassman as Vice Chariman of the Board.
Kevin & Therese Glassman Foundation is led by Kevin Glassman, Chairman of the Board on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kevin Glassman
Chairman of the Board
On filings since 2020
1 hr/week
No compensation reported
Rachael B. Glassman
Secretary
On filings since 2020
1 hr/week
No compensation reported
Ryan M. Glassman
Vice Chariman of the Board
On filings since 2020
1 hr/week
No compensation reported
Therese M. Glassman
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Kevin & Therese Glassman Foundation
How much does Kevin & Therese Glassman Foundation give each year?
Kevin & Therese Glassman Foundation gave $43K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $23K across 8 grants.
What is Kevin & Therese Glassman Foundation's typical grant size?
Kevin & Therese Glassman Foundation's median grant in 2024 was $1,130, and its average grant was $4,259, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Kevin & Therese Glassman Foundation that year got $855 on average.
Where does Kevin & Therese Glassman Foundation give grants?
Kevin & Therese Glassman Foundation gives mostly in New York: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (29%) and Vermont (12%). The most frequent recipient cities were New York, NY (4 grants).
Does Kevin & Therese Glassman Foundation give general operating support?
Yes: 100% of Kevin & Therese Glassman Foundation's 2024 grants with a stated purpose (10 of 10) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Kevin & Therese Glassman Foundation's largest grantees?
Kevin & Therese Glassman Foundation's largest 2024 grantees include Mount Sinai Development Office ($20,000), ALS Association ($12,479) and Carlos Otis Stratton ($5,000), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.
How large is Kevin & Therese Glassman Foundation?
Kevin & Therese Glassman Foundation reported $367K in total assets on its 2024 IRS Form 990-PF. It paid out $43K in qualifying distributions that year, against a required minimum of $25K (roughly 5% of its investment assets).
What does Kevin & Therese Glassman Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations whose stated work includes cancer research and treatment. See mission & focus areas ↑
How do I apply for a grant from Kevin & Therese Glassman Foundation?
The filing lists Kevin Glassman as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Kevin & Therese Glassman Foundation's EIN?
Kevin & Therese Glassman Foundation's EIN (Employer Identification Number) is 47-2560077. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Kevin & Therese Glassman Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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