The Glassell Foundation

HOUSTON, TX EIN: 74-6061448

The Glassell Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $888 in total assets. In 2025, it awarded 1 grants totaling $48.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$888

-4.9% YoY

Annual Giving

$48

-5.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$48

-5.9% YoY

Under IRS private-foundation payout rules, The Glassell Foundation reported a distributable amount of $46 for 2025 — the minimum it must pay out in qualifying distributions.

About The Glassell Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $270 (100%)

States

Texas

Cities

Houston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$888	$934	$983
Revenue	$2	$2	$1
Expenses	$48	$51	$54
Qualifying Distributions	$48	$51	$54
Net Investment Income	—	—	—
Distributable Amount	$46	$48	$51

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Houston Livestock Show and Rodeo ($48).

Recipient	Purpose	Amount
HOUSTON LIVESTOCK SHOW AND RODEO HOUSTON, TX	GENERAL SUPPORT	$48

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
ALFRED C GLASSELL III	PRESIDENT	—	—
PAMELA S LINDBERG	VICE-PRESIDENT	—	—

Frequently Asked Questions

How large is The Glassell Foundation?

As of 2025, The Glassell Foundation holds $888 in total assets with $2 in annual revenue. It awarded 1 grants totaling $48 in 2025.

Where does The Glassell Foundation operate?

The Glassell Foundation has awarded grants in Texas.

What size grants does The Glassell Foundation award?

In 2025, The Glassell Foundation awarded 1 grants totaling $48 — an average of about $48 per grant, based on its IRS Form 990 filings.

How much is The Glassell Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Glassell Foundation reported a distributable amount of $46 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.