The Glustrom Family Foundation Inc

ATLANTA, GA EIN: 83-2912156

The Glustrom Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 32 grants totaling $272K. Net investment income was $260K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

-0.3% YoY

Annual Giving

$272K

+48.4% YoY

Grant Count

32

+39.1% YoY

Avg Grant Size

$9K

+6.6% YoY

Under IRS private-foundation payout rules, The Glustrom Family Foundation Inc reported a distributable amount of $267K for 2024 — the minimum it must pay out in qualifying distributions.

About The Glustrom Family Foundation Inc

Based on IRS filings

The Glustrom Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 32 grants totaling $272K. Net investment income was $260K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

ArlingtonAthensAtlantaBethesdaBig CanoeBoynton BeachChicagoDecaturDouglasDunwoodyEast PointJasperMadisonMariettaMiami BeachMoabNew OrleansNew YorkPhiladelphiaRaleigh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$85K$171K$256K$341K20202021202220232024
Metric202420232022
Total Assets$4,558,236$4,571,703$4,672,202
Revenue$296,632$126,985$162,394
Expenses$310,099$227,484$172,781
Qualifying Distributions$274,506$186,500$130,613
Net Investment Income$260,375$90,985$122,766
Distributable Amount$267,391$242,038$238,635

Giving Over Time

Total grant dollars and number of grants per year

$0$68K$136K$204K$272K14 grants202021 grants202115 grants202223 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Hebrew Benevolent Congre…$50KAtlanta Symphony Orchestra$28KAmerican Jewish Joint Di…$25KDaughters Against Alzhei…$25KEmory University - Goizu…$25KBig Canoe Chapel$20KPartners in Change Inc$10KTheatrical Outfit$10KBack on My Feet$10KBirthright Israel Founda…$10K

Grant Size Distribution

105 grants across all recorded years

101<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hebrew Benevolent Congregation The Temple ($50,000), Atlanta Symphony Orchestra ($27,500), American Jewish Joint Distribution Committee ($25,000).

RecipientPurposeAmount
American Jewish Joint Distribution Committee New York, NYProvide relief to those in distress, revitalize overseas Jewish communities$25,000
Ansley Park Beautification Fund Atlanta, GAEnhance the maintenance of Atlanta parks and traffic islands and working with the City of Atlanta to add capital improvements$1,000
Atlanta Symphony Orchestra Atlanta, GAMusic appreciation and performance$27,500
Compassionate Atlanta Decatur, GATo build healthier, more connected, abundant, and thriving communities$1,000
Daughters Against Alzheimer's Atlanta, GATo help support Alzheimer's research and screening/treatment$25,000
DrawChange Atlanta, GAProvide art therapy-based programming to homeless children$1,000
Hebrew Benevolent Congregation The Temple Atlanta, GAEducation and social justice$50,000
JDRF International New York, NYAdvance life-changing breakthroughs for Type 1 Diabetes (T1D)$1,000
Paideia School Incorporated Atlanta, GAEducation$2,500
Partners in Change Inc Atlanta, GAEnable Upward mobility for individuals, families, and communities$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Alexander J GlustromPresident, Director1
Robert C GlustromExecutive Vice President, Director1
Pamela L GlustromTreasurer, Asst. Secretary, Director1
David M GlustromSecretary, Director1
Evan N GlustromDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Glustrom Family Foundation Inc?

The Glustrom Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $4.6M in total assets as of 2024.

How large is The Glustrom Family Foundation Inc?

As of 2024, The Glustrom Family Foundation Inc holds $4.6M in total assets with $297K in annual revenue. It awarded 32 grants totaling $272K in 2024.

Where does The Glustrom Family Foundation Inc operate?

The Glustrom Family Foundation Inc has awarded grants in Arizona, California, District of Columbia, Florida, Georgia, Illinois, Louisiana, Maryland, North Carolina, New York, Pennsylvania, Tennessee, Utah, Wisconsin.

What size grants does The Glustrom Family Foundation Inc award?

In 2024, The Glustrom Family Foundation Inc awarded 32 grants totaling $272K — an average of about $9K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Glustrom Family Foundation Inc reported a distributable amount of $267K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Glustrom Family Foundation Inc's EIN?

The Glustrom Family Foundation Inc's EIN (Employer Identification Number) is 83-2912156. 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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