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THE GLASSCOCK FAMILY FOUNDATION INC
ALBANY, NY · EIN 261546714 · Form 990PF · FY2024 · NTEE T12 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$1.2M
expenses
$66K
net assets
$10.1M
employees
—
profile · synthesized from sources

The Glasscock Family Foundation Inc is a private foundation based in Albany, NY that provides unrestricted grants to nonprofit organizations. Its giving focuses on education, youth development, and food security, with consistent annual support to institutions such as Indiana University Foundation, Cleveland State University, and Boys Hope Girls Hope. The foundation does not appear to run direct programs, instead fulfilling its mission through philanthropic grantmaking.

named programs · 1 · from sources

What they call their work

Unrestricted Grantmaking Program
Provides general operating support to select nonprofit organizations in education, youth development, and food security without programmatic restrictions.
activities · 3 groups

What they do

  • General Operating Support Grants 2 activities
    • Funding Boys Hope Girls Hope with unrestricted grants
      Awards unrestricted grants to Boys Hope Girls Hope, a nonprofit supporting academically capable youth from under-resourced backgrounds. Documented in multiple years of IRS filings.
    • Funding Harry Chapin Food Bank with unrestricted grants
      Provides unrestricted financial support to the Harry Chapin Food Bank, which addresses food insecurity in Southwest Florida. Grants are recurring as evidenced by IRS Form 990 entries.
  • University-Specific Endowment and Program Funding 2 activities
    • Funding Cleveland State University with unrestricted grants
      Provides unrestricted grants to Cleveland State University, contributing to its academic and operational programs. Supported by multiple grant records in IRS filings.
    • Funding Indiana University Foundation with unrestricted grants
      Provides unrestricted grants to the Indiana University Foundation, supporting its educational and institutional initiatives. Multiple grant awards documented in IRS filings indicate ongoing financial support.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding Christel House International with unrestricted grants
      Supports Christel House International through unrestricted grants, enabling its mission to break the cycle of poverty via education and holistic services. Documented in IRS Form 990 filings.
financials · form 990PF · fy2024
revenue
Total revenue$1.22M
Contributions & grants$496K41%
Program service revenue——
Investment income$455K37%
Other revenue$259K
expenses
Total expenses$66K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$750K
balance sheet
Total assets$10.07M
Cash—
Investments—
Liabilities—
Net assets$10.07M
5 years on record · 2020–2024 · YoY revenue +38.1%
relationships · 6

Who they work with

  • BOYS HOPE GIRLS HOPE Partner — Receives unrestricted general support grants
  • CHRISTEL HOUSE INTERNATIONAL Partner — Receives unrestricted general support grants
  • CLEVELAND STATE UNIVERSITY Partner — Receives unrestricted general support grants
  • HARRY CHAPIN FOOD BANK Partner — Receives unrestricted general support grants
  • INDIANA UNIVERSITY FOUNDATION Partner — Receives unrestricted general support grants
  • IU FOUNDATION - 100 VOICES OF HOPE Partner — Receives unrestricted general support grants
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.