David And Lorna Gladstone Foundation | Granted Foundation Directory | Granted AI
MCLEAN, VA
David And Lorna Gladstone Foundation Quick Facts
EIN 900705352
Location MCLEAN, VA
Phone (703) 287-5835
Category Philanthropy & Grantmaking
Total Assets $7.2M
Annual Income $348K
IRS Ruling Year 2011
Organization Type Non-Operating Foundation
Principal Officer % David & Lorna Gladstone Foundation
Tax Deductibility Contributions are deductible
About This Foundation David And Lorna Gladstone Foundation is a private corporation based in MCLEAN, VA. The foundation received its IRS ruling in 2011. The principal officer is % David & Lorna Gladstone Foundation. It holds total assets of $7.2M. Annual income is reported at $348K. The foundation operates in the area of philanthropy & grantmaking. According to available records, David And Lorna Gladstone Foundation has made 126 grants totaling $887K, with a median grant of $3K. Annual giving has grown from $255K in 2021 to $336K in 2023. Individual grants have ranged from $200 to $38K, with an average award of $7K. The foundation has supported 75 unique organizations. The foundation primarily supports organizations in District of Columbia, Virginia, Maryland, which account for 60% of all grants. Grantmaking reaches organizations across 21 states. Contributions to this foundation are tax-deductible.
Application Information Preselected Only This foundation typically selects grantees rather than accepting unsolicited proposals.
Frequently Asked Questions What does David And Lorna Gladstone Foundation fund? David And Lorna Gladstone Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 126 grants. Its grantmaking reaches organizations primarily in DC, VA, MD.
How much does David And Lorna Gladstone Foundation give in grants? David And Lorna Gladstone Foundation has distributed a total of $887K across 126 grants. The median grant size is $3K, with an average of $7K. Individual grants have ranged from $200 to $38K.
How do I apply for a grant from David And Lorna Gladstone Foundation? David And Lorna Gladstone Foundation typically selects its grantees rather than accepting unsolicited proposals.
Where is David And Lorna Gladstone Foundation located? David And Lorna Gladstone Foundation is headquartered in MCLEAN, VA. While based in VA, the foundation distributes grants to organizations across 21 states.
Key People & Compensation (2024) Name Title Compensation Benefits Total John Dellafiora CHIEF COMPLIANCE OFFICER $0 $0 $0 Michael Licalsi GENERAL COUNSEL, SEC., AND DIRECTOR $0 $0 $0 David Gladstone CFO, PRESIDENT AND DIRECTOR $0 $0 $0 Terry Brubaker EVP AND DIRECTOR $0 $0 $0 Michael Malesardi CHIEF ACCOUNTING OFFICER $0 $0 $0
990 Tax Filings Year Return Type PDF 2024 990PF 2023 990PF 2022 990PF 2021 990PF
Financial Overview Total Giving
$219K
2023 -40%
Fair Market Value
$8.1M
2023
Net Investment Income
$223K
2023
Distribution Amount
$397K
2023
Investment Portfolio (2023) Total: $0
Other Investments (99%)
Cash (1%)
Revenue Sources (2023)
Dividends $229K
Other Income $120K
Capital Gains (Net) $77
Interest $29 Financial Details (2023)
Total Revenue $349K
Total Expenses $219K
Exempt Purpose Expenses $185K
Required Distribution $397K
Undistributed Income $0
Total Liabilities $3K
Excise Tax $3K
Tax Due $3K Foundation Classification (2023) Operating Foundation
Grants to Individuals
Non-Charity Grants
Lobbying Activity
Excess Business Holdings
Grantmaking Insights Grant Disbursements by Year Grant Range Smallest grant Largest grant
Openness to New Grantees (2023)
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
DC $405K (34)
VA $154K (32)
MD $94K (10)
CT $76K (3)
NY $59K (10)
MI $30K (4)
Past Grantees Recipient Location Amount Year Turning Point CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION San Diego, CA $1K 2023 Leading The Way CARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION Atlanta, GA $500 2023 The Order Of St JohnCARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION Washington, DC $38K 2023 The Athenai InstituteCARRYING ON CHARITABLE PURPOSES OF EXEMPT ORGANIZATION Washington, DC $30K 2023 Capital Area Food Bank
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Laura Gladstone DIRECTOR $0 $0 $0
Lorna Gladstone DIRECTOR $0 $0 $0
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