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The Glory Foundation EIN 25-6865644 Form 990 (PDF) Claim this org

The Glory Foundation FY2022 filing

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A private foundation based in Pittsburgh, PA. For fiscal year 2022 it reported $-22K in revenue, $59K in expenses, and $801K in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Pittsburgh, PA
Filings
6 on file (2020–2022)
Revenue
$-22KFY2022
Expenses
$59K
Net assets
$801K
People
0
Filings
6
Updates
0
More identity details & actions ⌄
EIN  25-6865644 Private foundation / grantmaker Pittsburgh, PA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
A private foundation based in Pittsburgh, PA.
Money in and out
$-22K revenue, $59K expenses
Bottom line
—
Grants paid & assets · FY2022
Total revenue
$-22K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$801K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$81K
Total assets
801K
deployed as grants and operations
Grants paid
46K
in FY2022
Grants made
9grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 9 grants · $54K · 2025–2025
The Community FoundationFY2025$12,850
Roots and Wings INCFY2025$12,000
Hartsville First Presbyterian ChurchFY2025$7,500
University of PittsburghFY2025$7,000
Undying Hope International INCFY2025$6,000
St John Praise and Worship CenterFY2025$5,000
Rice and Beans MinistriesFY2025$2,000
The Queens Medical CenterFY2025$1,000
American Junior Golf AssociationFY2025$1,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$6K
Median grantPart XV$6K
Largest grantPart XV$13K

Summary of the Filing

Part I · fiscal year 2022 · Form 990-PF
Revenue
$-22K
FY2022▼ -115%
Expenses
$59K
FY2022+0.3%
Total assets
$801K
FY2022▼ -9%
Total liabilities
$0
FY2022
Total revenue
$-22K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$801K
Pt X · Ln 32
Total assetsPt II$801K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Glory Foundation
EINHdr · item D25-6865644
Principal addressHdr · item CPittsburgh, PA
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFDec 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See The Glory Foundation executive salaries →

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.79 Operating & administrative $0.21
Grants & contributions paid79%$46K
Operating & administrative21%$12K
Total functional expensesLn 25$59K

Balance Sheet

Part X · end of year
CashLn 1$38K
Total assetsLn 16$801K
Total liabilitiesLn 26$0
Total net assetsLn 32$801K
Months of cash on handcomputed7.8

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $801K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $-22K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $-22K
—
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $-22K · Prior year $149K
-115%
Net-asset trend (YoY)
End of year $801K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-22K · Expenses $59K
—
Liabilities-to-Assets
Total liabilities — · Total assets $801K
—
Net-asset ratio
Net assets $801K · Total assets $801K
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $59K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -115%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$64K revenue · ⤓ 990 PDF
FY2024$48K revenue · ⤓ 990 PDF
FY2023$46K revenue · ⤓ 990 PDF
FY2022$-22K revenue · viewing · ⤓ 990 PDF
FY2021$149K revenue · ⤓ 990 PDF
FY2020$77K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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