Melbern G & Susanne M Glasscock
The Melbern G and Susanne M Glasscock Foundation is a private grantmaking foundation based in Houston, Texas. Established in 1992, it operates as a 501(c)(3) organization with a focus on supporting educational, cultural, and philanthropic initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.4M
-4.2% YoY
Annual Giving
$1.7M
+17.6% YoY
Grant Count
26
-3.7% YoY
Avg Grant Size
$66K
+22.1% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Culture and the humanities
- Philanthropy, voluntarism, and grantmaking
- Human services
The foundation has demonstrated particular commitment to supporting educational institutions and cultural organizations, with notable endowments supporting continuing education and humanities research programs.
Grantmaking
The foundation's grantmaking reflects a focus on established cultural and educational institutions in the Houston area.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas and California, with a particular emphasis on the Houston community.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total assets: $18,211,161
- Total revenues: $933,796
- Total expenses: $1,477,664
- Total liabilities: $0
- Number of employees: 0
Revenue Composition (2023):
- Investment income and dividends: $930,581
- Grants and contributions: $3,203
The foundation maintains a substantial asset base that generates investment income to support its grantmaking activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,437,824 | $18,211,161 | $18,755,029 |
| Revenue | $955,830 | $933,796 | $2,974,598 |
| Expenses | $1,729,167 | $1,477,664 | $1,508,789 |
| Qualifying Distributions | $1,706,519 | $1,452,213 | $1,501,588 |
| Net Investment Income | $948,565 | $921,208 | $966,397 |
| Distributable Amount | $1,624,353 | $1,500,147 | $1,416,717 |
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
112 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Melbern and Susanne Glasscock are the founders and primary supporters of the foundation. Their philanthropic legacy extends beyond the foundation itself, including endowments that established the Susanne M. Glasscock School of Continuing Studies at Rice University and the Melbern G. Glasscock Center for Humanities Research at Texas A&M University.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SM GLASSCOCK | PRES, ASST TREAS | 1 | — |
| MG GLASSCOCK | VP, TREAS | 0.75 | — |
| BA BARING JR | ASST TREAS | 0.25 | — |
| MM BASS | SECRETARY | 0.25 | — |
| RR CASEY III | TRUSTEE | 0.25 | — |
| S LINDLEY | TRUSTEE | 0.25 | — |
| RANDY SUHL | TRUSTEE | 0.5 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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