Sheldon & Carol Glusman Foundation Inc is a private foundation focused on Environment, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $449K in total assets. In 2024, it awarded 33 grants totaling $50K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$449K
-11.3% YoY
Annual Giving
$50K
+25.7% YoY
Grant Count
33
+65.0% YoY
Avg Grant Size
$2K
-23.8% YoY
Under IRS private-foundation payout rules, Sheldon & Carol Glusman Foundation Inc reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About Sheldon & Carol Glusman Foundation Inc
Based on IRS filings
Sheldon & Carol Glusman Foundation Inc is a private foundation focused on Environment, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $449K in total assets. In 2024, it awarded 33 grants totaling $50K. Net investment income was $13K.
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 | $448,553 | $505,551 | $530,468 |
| Revenue | $3,601 | $23,521 | $39,134 |
| Expenses | $60,741 | $49,220 | $54,045 |
| Qualifying Distributions | $60,741 | $39,732 | $45,770 |
| Net Investment Income | $13,055 | $14,033 | $30,859 |
| Distributable Amount | $56,722 | $46,140 | $34,886 |
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
Among its reported 2024 grants, the largest include Beth Tfiloh Congregation ($10,295), Bnos Yisroel of Baltimore ($10,200), The Associated Jewish Federation ($5,300).
| Recipient | Purpose | Amount |
|---|---|---|
| AHAVAS YISRAEL CHARITY FUND PIKESVILLE, MD | GENERAL FUND | $180 |
| BETH TFILOH CONGREGATION BALTIMORE, MD | GENERAL FUND | $10,295 |
| BIKUR CHOLIM OF BALTIMORE BALTIMORE, MD | GENERAL FUND | $1,180 |
| BNAI JACOB SHAAREI ZION BALTIMORE, MD | GENERAL FUND | $5,180 |
| BNOS YISROEL OF BALTIMORE BALTIMORE, MD | GENERAL FUND | $10,200 |
| CHILDRENS SCHOLARSHIP FUND OF BALTI BALTIMORE, MD | GENERAL FUND | $2,500 |
| CONGREGATION SINAI FOX POINT, WI | GENERAL FUND | $2,487 |
| HATZALAH OF BALTIMORE BALTIMORE, MD | GENERAL FUND | $180 |
| KENNEDY KRIEGER INSTITUTE BALTIMORE, MD | GENERAL FUND | $1,000 |
| MD ASSOC FOR PARKINSON SUPPORT BROOKLANDVILLE, MD | GENERAL FUND | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL J GLUSMAN | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sheldon & Carol Glusman Foundation Inc?
Sheldon & Carol Glusman Foundation Inc is a private foundation focused on Environment, based in BALTIMORE, MD. It holds $449K in total assets as of 2024.
How large is Sheldon & Carol Glusman Foundation Inc?
As of 2024, Sheldon & Carol Glusman Foundation Inc holds $449K in total assets with $4K in annual revenue. It awarded 33 grants totaling $50K in 2024.
Where does Sheldon & Carol Glusman Foundation Inc operate?
Sheldon & Carol Glusman Foundation Inc has awarded grants in California, Illinois, Maryland, North Carolina, New York, Washington, Wisconsin.
What size grants does Sheldon & Carol Glusman Foundation Inc award?
In 2024, Sheldon & Carol Glusman Foundation Inc awarded 33 grants totaling $50K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Sheldon & Carol Glusman Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sheldon & Carol Glusman Foundation Inc reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sheldon & Carol Glusman Foundation Inc's EIN?
Sheldon & Carol Glusman Foundation Inc's EIN (Employer Identification Number) is 52-1451216. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sheldon & Carol Glusman Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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