The Glasscock Family Foundation Inc
The Glasscock Family Foundation Inc is a private foundation, based in Albany, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.1M in total assets. In 2024, it awarded 4 grants totaling $750K. Net investment income was $650K.
The Glasscock Family Foundation Inc at a glance
In short: The Glasscock Family Foundation Inc gave $750K across 4 grants in 2024 (avg $188K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $750,000
- +22.0% vs 2023
- Grants made (2024)
- 4
- +0.0% vs 2023
- Average grant
- $187,500
- +22.0% vs 2023
- Median grant
- $170,000
- Total assets
- $10,065,445
- +0.9% vs 2023
- Primary geography
- Indiana (53% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Glasscock Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Indiana University Foundation ($400K). Together the top 4 received $750K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 14 (29%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How The Glasscock Family Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $526K (2020) to $753K (2021). In 2024 it made 4 grants totaling $750K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana University Foundation Bloomington, IN | Unrestricted | $400,000 |
| Cleveland State University Cleveland, OH | Unrestricted | $280,000 |
| Boys Hope Girls Hope Cleveland, OH | Unrestricted | $60,000 |
| Harry Chapin Food Bank Fort Myers, FL | Unrestricted | $10,000 |
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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 | $10,065,445 | $1,222,867 | $816,008 | $750,000 | 4 | $750,796 | $649,923 | $865,784 |
| 2023 | $9,976,659 | $885,157 | $682,356 | $615,000 | 4 | $616,100 | $329,210 | $720,329 |
| 2022 | $10,136,524 | $1,200,904 | $642,652 | $586,000 | 4 | $586,741 | $646,746 | $689,962 |
| 2021 | $9,921,220 | $1,797,049 | $818,989 | $752,500 | 1 | $752,500 | $266,474 | $690,844 |
| 2020 | $10,112,015 | $1,280,676 | $576,847 | $526,000 | 1 | — | $742,264 | $573,501 |
Under IRS private-foundation payout rules, The Glasscock Family Foundation Inc reported a distributable amount of $866K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Glasscock Family Foundation Inc is led by Larry C. Glasscock, President, Treasurer & Director on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Larry C. Glasscock
President, Treasurer & Director
On filings since 2020
1 hr/week
No compensation reported
Brian E. West
Vice President & Director
On filings since 2020
1 hr/week
No compensation reported
Julie M. Jeffrey-Glasscock
Vice President & Director
On filings since 2020
1 hr/week
No compensation reported
Lee Ann Glasscock
Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Michael C. Glasscock
Vice President & Director
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 The Glasscock Family Foundation Inc
How much does The Glasscock Family Foundation Inc give each year?
The Glasscock Family Foundation Inc gave $750K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $615K across 4 grants.
What is The Glasscock Family Foundation Inc's typical grant size?
The Glasscock Family Foundation Inc's median grant in 2024 was $170,000, and its average grant was $187,500, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Glasscock Family Foundation Inc give grants?
The Glasscock Family Foundation Inc gives mostly in Indiana: 53% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Ohio (45%). The most frequent recipient cities were Cleveland, OH (2 grants).
Does The Glasscock Family Foundation Inc give general operating support?
Yes: 100% of The Glasscock Family Foundation Inc's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Glasscock Family Foundation Inc?
The Glasscock Family Foundation Inc reported $10.1M in total assets on its 2024 IRS Form 990-PF. It paid out $751K in qualifying distributions that year, against a required minimum of $866K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Glasscock Family Foundation Inc's EIN?
The Glasscock Family Foundation Inc's EIN (Employer Identification Number) is 26-1546714. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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