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Glass Family Foundation Inc. is a private corporation based in ASHEVILLE, NC. The foundation received its IRS ruling in 2001. The principal officer is % Kenneth E Glass. It holds total assets of $23.4M. Annual income is reported at $5.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Glass Family Foundation Inc. has made 8 grants totaling $7.6M, with a median grant of $783K. Annual giving has grown from $1.6M in 2020 to $3.8M in 2022. Individual grants have ranged from $346K to $1.9M, with an average award of $950K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Glass Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NC.
Glass Family Foundation Inc. has distributed a total of $7.6M across 8 grants. The median grant size is $783K, with an average of $950K. Individual grants have ranged from $346K to $1.9M.
Glass Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Glass Family Foundation Inc. is headquartered in ASHEVILLE, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lara Glass | PRESIDENT | $80K | $12K | $92K |
| Kenneth E Glass | BD DIR CHMN | $0 | $0 | $0 |
| Nancy J Glass | VP/SECRETARY | $0 | $0 | $0 |
Total Giving
$2.3M
Total Assets
$24.6M
Fair Market Value
$3.6M
Net Worth
$24.6M
Grants Paid
$1.9M
Contributions
$170K
Net Investment Income
$315K
Distribution Amount
$1M
Total Grants
8
Total Giving
$7.6M
Average Grant
$950K
Median Grant
$783K
Unique Recipients
2
Most Common Grant
$346K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedCHARITABLE | See Attached, NC | $1.5M | 2022 |
| Franklin School Of InnovationCHARITABLE | Asheville, NC | $346K | 2022 |
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