Nonprofit · EIN 76-0295076
GLASSELL FAMILY FOUNDATION INC
Tax-exempt · HOUSTON, TX 77002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,516,247 | $4,742,408 | $773,839 | $36,662,800 | $0 | $36,662,800 |
| December 31, 2023 | 990-PF | $1,488,801 | $3,431,750 | -$1,942,949 | $38,978,111 | $0 | $38,978,112 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $1,341,104
- Net gain from sales of assets
- $3,991,613
- Other income
- $183,530
Expenses
- Grants and similar amounts paid
- $4,054,231
- Compensation of officers, directors and key employees
- $247,000
- Disbursements for charitable purposes
- $4,054,231
- Excise tax on investment income
- $69,284
Balance sheet and other
- Total assets, start of year
- $38,978,111
- Total assets, end of year
- $36,662,800
- Total liabilities, end of year
- $0
- Net assets, end of year
- $36,662,800
- Fair market value of assets
- $74,454,520
- Qualifying distributions
- $4,054,231
- Net investment income
- $5,516,247
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALFRED C GLASSELL III 919 Milam Ste 2010, Houston, TX 77002 | PRESIDENT | 0 | $240,000 |
| PAMELA S LINDBERG 919 Milam Ste 2010, Houston, TX 77002 | SECRETARY | 0 | $3,500 |
| eric wade 919 Milam Ste 2010, Houston, TX 77002 | vice-president | 0 | $3,500 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALFRED C GLASSELL III 919 Milam Ste 2010, Houston, TX 77002 | PRESIDENT | 0 | $210,000 |
| PAMELA S LINDBERG 919 Milam Ste 2010, Houston, TX 77002 | SECRETARY | 0 | $3,000 |
| eric wade 919 Milam Ste 2010, Houston, TX 77002 | vice-president | 0 | $3,000 |
Address and contacts
- Address (IRS master file)
- 919 MILAM ST STE 2010, HOUSTON, TX 77002-5422
- In care of
- % PAM LINDBERG
- Signed the 990-PF
- ALFRED C GLASSELL III, CEO
- Phone
- (713) 658-0001
- Return prepared by
- EEPB
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 76-0295076
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $36,662,800
- Income (IRS master file)
- $10,837,375
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,516,247 | $4,742,408 | $36,662,800 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,488,801 | $3,431,750 | $38,978,111 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 76-0295076).
Questions about GLASSELL FAMILY FOUNDATION INC
- What is the EIN of GLASSELL FAMILY FOUNDATION INC?
- The employer identification number (EIN) of GLASSELL FAMILY FOUNDATION INC is 76-0295076.
- Is GLASSELL FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3).
- Are donations to GLASSELL FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GLASSELL FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GLASSELL FAMILY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GLASSELL FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of GLASSELL FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $240,000 (ALFRED C GLASSELL III, PRESIDENT).
- How much revenue does GLASSELL FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,516,247, expenses of $4,742,408 and total assets of $36,662,800 at year end.
Other nonprofits in HOUSTON
- MEMORIAL HERMANN HEALTH SYSTEM EIN 74-1152597 · last filed 990 for 2025
- METHODIST HOSPITAL GROUP EIN 35-2410801 · last filed 990 for 2024
- THE METHODIST HOSPITAL EIN 74-1180155 · last filed 990 for 2024
- BAYLOR COLLEGE OF MEDICINE EIN 74-1613878 · last filed 990 for 2025
- COMMUNITY HEALTH CHOICE TEXAS INC EIN 81-4077507 · last filed 990 for 2022
- WILLIAM MARSH RICE UNIVERSITY EIN 74-1109620 · last filed 990 for 2025
- COMMUNITY HEALTH CHOICE INC EIN 76-0495152 · last filed 990 for 2022
- BAKERRIPLEY EIN 23-7062976 · last filed 990 for 2024