The Richard S Glasser Family Foundation
The Richard S Glasser Family Foundation is a private foundation located in Norfolk, Virginia, established in 2001. It operates as a 501(c)(3) organization with no employees and focuses on philanthropic giving across multiple sectors including medical research, Jewish life, and general charitable support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+7.9% YoY
Annual Giving
$318K
+6.4% YoY
Grant Count
39
-22.0% YoY
Avg Grant Size
$8K
+36.4% YoY
Under IRS private-foundation payout rules, The Richard S Glasser Family Foundation reported a distributable amount of $335K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation primarily funds:
- Unrestricted gifts
- Medical research
- General support of Jewish life
- Jewish Federation support
Recent grantmaking demonstrates a particular emphasis on Jewish and Israeli causes, alongside broader charitable contributions.
Grantmaking
Grant Range
$500–$50,000
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Geographic Focus
Where this funder awards grants
The foundation funds primarily in Florida, Virginia, and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024
- Total assets: $3,257,631
- Total revenues: $431,764
- Total expenses: $354,390
As of December 2023
- Total assets: $6.3 million (per alternative source)
- Total distributions: $299,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,257,631 | $3,020,243 | $3,201,461 |
| Revenue | $431,764 | $140,187 | $392,647 |
| Expenses | $354,390 | $321,405 | $403,579 |
| Qualifying Distributions | $318,000 | $299,000 | $380,437 |
| Net Investment Income | $395,110 | $117,782 | $369,505 |
| Distributable Amount | $334,744 | $294,104 | $312,416 |
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
239 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Federation of Broward Cnty ($26,000), Magen David Adom ($25,000), Friends of Israel Defense Forces ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Virginia Beach Vol Resc Squad Virginia Beach, VA | Unrestricted gift | $5,000 |
| Childhood Cancer Project Hallandal Beach, FL | Medical research | $10,000 |
| Catholic Charities Boca Raton, FL | To support impoverished youth | $5,000 |
| Jewish Federation of Broward Cnty Davie, FL | Unrestricted gift | $26,000 |
| Pine Crest School Ft Lauderdale, FL | Annual fund gift | $10,000 |
| Norfolk Academy Norfolk, VA | Jessica Glasser memorial fund | $10,000 |
| Norfolk Academy Norfolk, VA | Gift to the Festival of Arts fund | $10,000 |
| CS Elite Inc Coral Springs, FL | In support of the Broward County basketball league | $5,000 |
| B'Nai Torah Congregation Boca Raton, FL | Unrestricted gift | $10,000 |
| Anti Defamation League of FL Boca Raton, FL | Unrestricted gift | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Officers (as of 2023 tax filing)
- Hara B Glasser Frei, President
- Michael A Glasser, Secretary
- Stephen Frei, Treasurer
Founder Richard Steven Glasser (1941–2019) was a prominent Norfolk attorney who practiced law for nearly 54 years. He specialized in asbestos product liability litigation and was recognized by the Virginia Trial Lawyers Association with its Courageous Advocacy Award. He was married to Martha Glasser.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Hara B Glasser Frei | President | — | — |
| Michael A Glasser | Secretary | — | — |
| Stephen Frei | Treasurer | — | — |
Contact Information
Address: 580 E Main St Ste 600, Norfolk, VA 23510-2322
Phone: 757-625-6787
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Richard S Glasser Family Foundation fund?
The foundation primarily funds: • Unrestricted gifts • Medical research • General support of Jewish life • Jewish Federation support Recent grantmaking demonstrates a particular emphasis on Jewish and Israeli causes, alongside broader charitable contributions.
How do I apply for a grant from The Richard S Glasser Family Foundation?
**Grant Activity (2024)** • Total grants made: 57 grants • Total giving: $318,000 • Typical grant range: $500–$50,000 • Median grant amount: $5,000 **Recent Notable Grants (2024)** • Friends of the Israel Defense Forces: $25,000 (Unrestricted Gift) • American Friends of Magen David Adom: $25,000 (Unrestricted Gift) • United Way of Broward County: $20,000 (Tocqueville Society Contribution and Jewish Fed of Broward County)
Where does The Richard S Glasser Family Foundation make grants?
The foundation funds primarily in Florida, Virginia, and New York.
What size grants does The Richard S Glasser Family Foundation award?
In 2024, The Richard S Glasser Family Foundation awarded 39 grants totaling $318K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Richard S Glasser Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richard S Glasser Family Foundation reported a distributable amount of $335K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Richard S Glasser Family Foundation's EIN?
The Richard S Glasser Family Foundation's EIN (Employer Identification Number) is 54-2061975. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Richard S Glasser Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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