EIN 20-5938416

Glenstone Foundation

IRS 501(c) type
501(c)(3)
Num. employees
64
Year formed
2007
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Glenstone Foundation awards grants to various organizations, including the National Gallery of Art.
Total revenues
$132,610,613
2022
Total expenses
$44,935,436
2022
Total assets
$2,794,166,064
2022
Num. employees
64
2022

Program areas at Glenstone Foundation

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.
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.
Bookstore items related to exhibits and 2 cafes serve only visitors

Grants made by Glenstone Foundation

GranteeGrant descriptionAmount
Studio Museum in HarlemSupport the Arts$5,000,000
Foundation for Contemporary Arts (FCA)Support the Arts$50,000
Anyone Can Fly FoundationFeed the Hungry$17,635
...and 3 more grants made

Personnel at Glenstone Foundation

NameTitleCompensation
Anthony CervenyChief Operating Officer$289,772
Emily W RalesPresident$0
Heather F NolanDirector of Finance$143,501
Alicia DavisDirector of Human Resources$134,547
Martin LotzDirector of Facilities$153,882
...and 7 more key personnel

Financials for Glenstone Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$66,230,563
Investment income and dividends$8,648,829
Net rental income$0
Net gain from sale of non-inventory assets$58,020,176
Gross sales of inventory$-288,955
Miscellaneous revenues$1,385,000
Total revenues$132,610,613

Form 990s for Glenstone Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-30990PFView PDF
2021-122022-11-04990PFView PDF
2020-122021-10-29990PFView PDF
2019-122021-06-10990PFView PDF
2018-122019-09-20990PFView PDF
...and 7 more Form 990s

Organizations like Glenstone Foundation

OrganizationLocationRevenue
Kimbell Art FoundationFort Worth, TX$97,899,835
Terra Foundation for American ArtChicago, IL$96,843,650
H. E. Butt Family FoundationKerrville, TX$298,173,554
Cummings FoundationWoburn, MA$310,806,993
Bainum Family FoundationBethesda, MD$74,291,632
Humanity UnitedSan Francisco, CA$47,686,091
Ewing Marion Kauffman FoundationKansas City, MO$112,688,316
Queen Liliuokalani TrustHonolulu, HI$41,966,244
Open Society FoundationNew York, NY$564,227,312
Read Youth CharitiesMagnolia, TX$46,173,291
Data update history
January 10, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 27, 2023
Used new vendors
Identified 1 new vendor, including
August 5, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 12, 2023
Used new vendors
Identified 2 new vendors, including , and
July 6, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
12100 Glen Rd
Potomac, MD 20854
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
glenstone.org/ 
Phone
(202) 419-7640
IRS details
EIN
20-5938416
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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