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Glencoe Family Foundation INC EIN 35-2015504

Glencoe Family Foundation INC FY2021 filing

EIN  35-2015504 Private foundation / grantmaker Carmel, IN
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
A private foundation based in Carmel, IN. It reported about $571K in revenue for 2021.
Money in and out
$571K revenue, $98K expenses
Bottom line
—

A private foundation based in Carmel, IN. It reported about $571K in revenue for 2021. For fiscal year 2021 it reported $571K in revenue, $98K in expenses, and $1.4M in net assets.Pt I

Grants paid & assets · FY2021
Total revenue
$571K
Pt VIII · Ln 12
Total expenses
$98K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $473K
Total assets
1.4M
deployed as grants and operations
Grants paid
90K
in FY2021
Grants made
27grants
total in period
Payout rate
7%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 27 grants · $91K · 2025–2025
One MindFY2025$15,000
Good Neighbor FundFY2025$9,000
The Episcopal Relief FundFY2025$9,000
Wgte Public MediaFY2025$5,500
Mirror IndyFY2025$5,000
Philadelphia Educaiton FundFY2025$4,000
ClarematrixFY2025$4,000
WfyiFY2025$3,900
Haitian Bridge AllianceFY2025$3,500
One Simple WishFY2025$3,000
Homeboy IndustriesFY2025$3,000
ClarematrixFY2025$2,500
Bunnagain Rabit Rescue & EducationFY2025$2,500
Mission LocalFY2025$2,000
Fathers Families & Healthy CommFY2025$2,000
The Nature ConservancyFY2025$2,000
Elevated AccessFY2025$2,000
826 ValenciaFY2025$1,834
See all 27 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$3K
Median grantPart XV$2K
Largest grantPart XV$15K

Summary of the Filing

Part I · fiscal year 2021 · Form 990-PF
Revenue
$571K
FY2021▲ ×11
Expenses
$98K
FY2021▲ +47%
Total assets
$1.4M
FY2021▲ +52%
Total liabilities
$0
FY2021
Total revenue
$571K
Pt VIII · Ln 12
Total expenses
$98K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Total assetsPt II$1.4M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGlencoe Family Foundation INC
EINHdr · item D35-2015504
Principal addressHdr · item CCarmel, IN
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20Z)
Ruling yearIRS BMFNov 1997

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 Glencoe Family Foundation INC executive salaries →

Statement of Revenue

Part VIII
Investment income100%$571K
Total revenueLn 12$571K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.92 Operating & administrative $0.08
Grants & contributions paid92%$90K
Operating & administrative8%$8K
Total functional expensesLn 25$98K

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.4M
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $1.4M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $571K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $571K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $571K · Prior year $52K
×11
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $571K · Expenses $98K
+83%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
—
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $98K
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 ×11——

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)$52K revenue · ⤓ 990 PDF
FY2024$66K revenue · ⤓ 990 PDF
FY2023$35K revenue · ⤓ 990 PDF
FY2022$49K revenue · ⤓ 990 PDF
FY2021$571K revenue · viewing · ⤓ 990 PDF
FY2020$52K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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