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Glenstone Foundation is a private corporation based in POTOMAC, MD. The foundation received its IRS ruling in 2007. The principal officer is % C Scott Brannan. It holds total assets of $3B. Annual income is reported at $63.3M. Glenstone Foundation was created as a non-profit corporation to support public and educational exhibitions of art, to promote the study, improvement and advancement of the arts, and to foster research of art.The Foundation, which includes a museum of contemporary art and outdoor sculptures, is located in Montgomery County, MD, near Washington, DC and provides a contemplative, intimate setting for experiencing works of art, architecture, and nature. Open to the public four days weekly, the museum presents selections from an art collection of significant depth and breadth, as well as monumental outdoor sculptures within its landscape. Admission is free to all visitors and its school program also provides transportation for local students. An active loan program makes its artwork available to museums around the world. The Foundation does not accept grant applications. According to available records, Glenstone Foundation has made 40 grants totaling $26.4M, with a median grant of $16K. Annual giving has grown from $5.3M in 2020 to $12.6M in 2022. Individual grants have ranged from $70 to $5M, with an average award of $661K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Maryland, which account for 68% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Glenstone Foundation was created as a non-profit corporation to support public and educational exhibitions of art, to promote the study, improvement and advancement of the arts, and to foster research of art.The Foundation, which includes a museum of contemporary art and outdoor sculptures, is located in Montgomery County, MD, near Washington, DC and provides a contemplative, intimate setting for experiencing works of art, architecture, and nature. Open to the public four days weekly, the museum presents selections from an art collection of significant depth and breadth, as well as monumental outdoor sculptures within its landscape. Admission is free to all visitors and its school program also provides transportation for local students. An active loan program makes its artwork available to museums around the world. The Foundation does not accept grant applications.
Expenses: $38.1M
The Foundation engages diverse communities within our geographic areas of focus by creating lasting positive psychological, emotional, social, and economic impact over time, by supporting the communities or partnering with other organizations to support them. Objectives include: Youth Engagement - Facilitate access to information and opportunities for future generations through youth engagement initiatives and partnerships. Health & Wellbeing - Through civic engagement, enhance and exchange knowledge, skills and expertise that improves the public health and well-being of target communities. Inequality - Support organizations through partnerships to advance research and programs to address inequities, reduce poverty, protect human rights and provide equitable access to resources. Environmental Justice - Through research and partnerships support organizations advance equitable policies that address the impact of climate change primarily on minority communities.
Expenses: $530K
Glenstone Foundation was created as a non-profit corporation to support public and educational exhibitions of art, to promote the study, improvement and advancement of the arts, and to foster research of art.The Foundation, which includes a museum of contemporary art and outdoor sculptures, is located in Montgomery County, MD, near Washington, DC and provides a contemplative, intimate setting for experiencing works of art, architecture, and nature. Open to the public four days weekly, the museum presents selections from an art collection of significant depth and breadth, as well as monumental outdoor sculptures within its landscape. Admission is free to all visitors and its school program also provides transportation for local students. An active loan program makes its artwork available to museums around the world. The Foundation does not accept grant applications. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in NY, DC, MD.
Glenstone Foundation has distributed a total of $26.4M across 40 grants. The median grant size is $16K, with an average of $661K. Individual grants have ranged from $70 to $5M.
Glenstone Foundation provides grant application information on their website. Visit their grants page for current funding opportunities and application guidelines.
Glenstone Foundation is headquartered in POTOMAC, MD. While based in MD, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anthony Cerveny | CHIEF OPERATING OFFICER | $290K | $18K | $308K |
| Heather F Nolan | DIRECTOR OF FINANCE | $144K | $7K | $150K |
| Rachel L S Plumley | SECRETARY/DIRECTOR | $0 | $0 | $0 |
| Mitchell P Rales | CHAIRMAN/DIRECTOR | $0 | $0 | $0 |
| C Scott Brannan | VICE PRES./TREASURER/DIRECTOR | $0 | $0 | $0 |
Total Giving
$52M
Total Assets
$2.9B
Fair Market Value
$4.3B
Net Worth
$2.7B
Grants Paid
$2.8M
Contributions
$41.5M
Net Investment Income
$187.6M
Distribution Amount
$0
Total: $225.9M
Total Grants
40
Total Giving
$26.4M
Average Grant
$661K
Median Grant
$16K
Unique Recipients
19
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anyone Can Fly Foundation IncFEED THE HUNGRY | Englewood, NJ | $18K | 2022 |
| Studio Museum HarlemSUPPORT THE ARTS | Ny, NY | $5M | 2022 |
| National Gallery Of ArtSUPPORT THE ARTS | Washington, DC | $728K | 2022 |
| Scotland Ame ChurchGENERAL SUPPORT | Potomac, MD | $504K | 2022 |
| Foundation For Contemporary ArtsSUPPORT THE ARTS | Ny, NY | $50K |
| Emily W Rales | PRESIDENT | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2022 |
| Shelburne MuseumSUPPORT THE ARTS | Shelburne, VT | $10K | 2022 |
| United Way Of National Capital AreaGENERAL SUPPORT | Washington, DC | $7K | 2022 |
| City Kids Wilderness ProjectFEED THE HUNGRY | Washington, DC | $4K | 2022 |
| Ars Nova Workshop IncSUPPORT THE ARTS | Philadelphia, PA | $200 | 2022 |
| Audubon Naturalist Society Of Central Atlantic StatesSUPPORT THE ARTS | Chevy Chase, MD | $70 | 2022 |
| Metropolitan Museum Of ArtSUPPORT THE ARTS | Ny, NY | $50K | 2021 |
| Hammer MuseumSUPPORT THE ARTS | Los Angeles, CA | $15K | 2021 |
| Manna Food CenterFEED THE HUNGRY | Silver Spring, MD | $2K | 2021 |
| Food And Friends IncFEED THE HUNGRY | Washington, DC | $2K | 2021 |
| Mount Desert 365GENERAL SUPPORT | Northeast Harbor, ME | $490K | 2020 |
| United States ArtistsSUPPORT THE ARTS | Chicago, IL | $100K | 2020 |
| Washington Project For The ArtsSUPPORT THE ARTS | Washington, DC | $25K | 2020 |
| Alliance For Global Justice CorpGENERAL SUPPORT | Tucson, AZ | $15K | 2020 |
| Museum Of Contemporary ArtSUPPORT THE ARTS | Chicago, IL | $15K | 2020 |
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