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Glenlaurel Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2015. The principal officer is Foundation Source. It holds total assets of $1.2M. Annual income is reported at $278K. Total assets have grown from $965K in 2014 to $1.2M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, Glenlaurel Foundation has made 16 grants totaling $204K, with a median grant of $5K. Annual giving has grown from $59K in 2020 to $145K in 2022. Individual grants have ranged from $500 to $46K, with an average award of $13K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Pennsylvania and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$22K
Average Grant
$24K
Largest Grant
$46K
Based on 3 grants from the most recent 990-PF filing.
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.
Glenlaurel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in PA, FL.
Glenlaurel Foundation has distributed a total of $204K across 16 grants. The median grant size is $5K, with an average of $13K. Individual grants have ranged from $500 to $46K.
Glenlaurel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Glenlaurel Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peggy T Mcknight | VP, Dir | $0 | $0 | N/A |
| Stephen H Mcknight | Pres, Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
$85K
Total Assets
$1.2M
Fair Market Value
$1.6M
Net Worth
$1.2M
Grants Paid
$65K
Contributions
N/A
Net Investment Income
$134K
Distribution Amount
$72K
Total Grants
16
Total Giving
$204K
Average Grant
$13K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shady Side AcademyGene Deal Fields Project | Pittsburgh, PA | $46K | 2022 |
| Pittsburgh Trust For Cultural ResourcesGeneral & Unrestricted | Pittsburgh, PA | $22K | 2022 |
| Steel City Squash IncHope has a New Home Campaign | Pittsburgh, PA | $5K | 2022 |
| Pittsburgh Ballet Theatre IncLive Music Appeal | Pittsburgh, PA | $25K | 2020 |
| Womens Committee Of The Museum Of Art Carnegie InsCarnegie Trees Fund | Pittsburgh, PA | $4K | 2020 |
| Point Park UniversityGeneral & Unrestricted | Pittsburgh, PA | $2K | 2020 |
| Aspinwall Riverfront Park IncGeneral & Unrestricted | Pittsburgh, PA | $1K | 2020 |
| Frick Art & Historical Center IncGeneral & Unrestricted | Pittsburgh, PA | $1K | 2020 |
| Church By The SeaGeneral & Unrestricted | Bay Harbor Islands, FL | $500 | 2020 |