The Glasscock Family Foundation Inc

ALBANY, NY EIN: 26-1546714

The Glasscock Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.1M

+0.9% YoY

Annual Giving

$750K

+22.0% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$188K

+22.0% YoY

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.

About The Glasscock Family Foundation Inc

Based on IRS filings

The Glasscock Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BloomingtonClevelandFort MyersIndianapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$494K$988K$1M$2M20202021202220232024
Metric202420232022
Total Assets$10,065,445$9,976,659$10,136,524
Revenue$1,222,867$885,157$1,200,904
Expenses$816,008$682,356$642,652
Qualifying Distributions$750,796$616,100$586,741
Net Investment Income$649,923$329,210$646,746
Distributable Amount$865,784$720,329$689,962

Giving Over Time

Total grant dollars and number of grants per year

$0$188K$376K$564K$753K1 grants20201 grants20214 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

INDIANA UNIVERSITY FOUND…$400KCLEVELAND STATE UNIVERSITY$280KBOYS HOPE GIRLS HOPE$60KHARRY CHAPIN FOOD BANK$10K

Grant Size Distribution

14 grants across all recorded years

3<$50K3$50–100K2$100–250K4$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Indiana University Foundation ($400,000), Cleveland State University ($280,000), Boys Hope Girls Hope ($60,000).

RecipientPurposeAmount
BOYS HOPE GIRLS HOPE CLEVELAND, OHUNRESTRICTED$60,000
CLEVELAND STATE UNIVERSITY CLEVELAND, OHUNRESTRICTED$280,000
HARRY CHAPIN FOOD BANK FORT MYERS, FLUNRESTRICTED$10,000
INDIANA UNIVERSITY FOUNDATION BLOOMINGTON, INUNRESTRICTED$400,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LARRY C GLASSCOCKPRES/TREAS/DIR1
LEE ANN GLASSCOCKSEC/DIR1
MICHAEL C GLASSCOCKVICE PRES/DIR1
JULIE M JEFFREY-GLASSCOCKVICE PRES/DIR1
BRIAN E WESTVICE PRES/DIR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Glasscock Family Foundation Inc?

The Glasscock Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. It holds $10.1M in total assets as of 2024.

How large is The Glasscock Family Foundation Inc?

As of 2024, The Glasscock Family Foundation Inc holds $10.1M in total assets with $1.2M in annual revenue. It awarded 4 grants totaling $750K in 2024.

Where does The Glasscock Family Foundation Inc operate?

The Glasscock Family Foundation Inc has awarded grants in Florida, Indiana, Ohio.

What size grants does The Glasscock Family Foundation Inc award?

In 2024, The Glasscock Family Foundation Inc awarded 4 grants totaling $750K — an average of about $188K per grant, based on its IRS Form 990 filings.

How much is The Glasscock Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Glasscock Family Foundation Inc reported a distributable amount of $866K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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