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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. Total assets have grown from $12.1M in 2011 to $23.4M in 2024. The foundation is governed by 3 officers and trustees. We envision a future in which glass is the material of choice to enhance spaces where people live, play, learn, work and heal. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
We envision a future in which glass is the material of choice to enhance spaces where people live, play, learn, work and heal. 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 | N/A |
| Nancy J Glass | VP/SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$23.4M
Fair Market Value
N/A
Net Worth
$23.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |