Wendell R & Bonnie M Glassco
Wendell R & Bonnie M Glassco is a private foundation focused on Health, based in BOAZ, AL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 22 grants totaling $243K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$243K
+193.3% YoY
Grant Count
22
+10.0% YoY
Avg Grant Size
$11K
+166.6% YoY
Under IRS private-foundation payout rules, Wendell R & Bonnie M Glassco reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Wendell R & Bonnie M Glassco
Based on IRS filings
Wendell R & Bonnie M Glassco is a private foundation focused on Health, based in BOAZ, AL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 22 grants totaling $243K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $139,700 | $179,109 |
| Revenue | $104,904 | $44,439 | $110,358 |
| Expenses | $244,604 | $83,848 | $89,979 |
| Qualifying Distributions | $242,814 | $82,800 | $88,400 |
| Net Investment Income | — | $391 | — |
| Distributable Amount | $8,901 | $8,550 | $9,790 |
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
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Guntersville First Baptist Church ($91,682), Bethany Baptist Church ($43,141), Marshall Baptist Association ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALABAMA CHILDREN & FAMILY MINISTRIES BIRMINGHAM, AL | CHARITABLE CONTRIBUTION | $2,250 |
| ALABAMA SCHOOL OF GOSPEL MUSIC BOAZ, AL | CHARITABLE CONTRIBUTION | $1,000 |
| ALABAMA SHERIFF'S YOUTH RANCHES MONTGOMERY, AL | CHARITABLE CONTRIBUTION | $500 |
| ALBERTVILLE FIRST BAPTIST CHURCH ALBERTVILLE, AL | CHARITABLE CONTRIBUTION | $25,841 |
| ALZHEIMER'S ASSOCIATION BIRMINGHAM, AL | CHARITABLE CONTRIBUTION | $450 |
| AUBURN UNIVERSITY AUBURN UNIVERSITY, AL | CHARITABLE CONTRIBUTION | $2,000 |
| BETHANY BAPTIST CHURCH HORTON, AL | CHARITABLE CONTRIBUTION | $43,141 |
| BLESSINGS IN A BACKPACK GUNTERSVILLE, AL | CHARITABLE CONTRIBUTION | $100 |
| BUDGET OFFERING 5122024 ALBERTVILLE, AL | CHARITABLE CONTRIBUTION | $500 |
| DOUGLAS HIGH SCHOOL DOUGLAS, AL | CHARITABLE DONATION | $400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BONNIE M GLASSCO | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Wendell R & Bonnie M Glassco?
Wendell R & Bonnie M Glassco is a private foundation focused on Health, based in BOAZ, AL. It holds — in total assets as of 2024.
Where does Wendell R & Bonnie M Glassco operate?
Wendell R & Bonnie M Glassco has awarded grants in Alabama, Georgia, North Carolina, New York, Tennessee.
What size grants does Wendell R & Bonnie M Glassco award?
In 2024, Wendell R & Bonnie M Glassco awarded 22 grants totaling $243K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Wendell R & Bonnie M Glassco required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wendell R & Bonnie M Glassco reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wendell R & Bonnie M Glassco's EIN?
Wendell R & Bonnie M Glassco's EIN (Employer Identification Number) is 63-1016416. 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.