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Filing year 2024

GLENSTONE FOUNDATION

Potomac, Maryland·EIN 20-5938416·NTEE A40 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$15.9M
Total assets
$3B
Total expenses
$64.8M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

Director of Finance
75th to 90th percentile
$248k
$263k
Chief Operating Officer - Until 4/2024
25th percentile to median
$111k
$118k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GLENSTONE FOUNDATION equaled 0.4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
0.4%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$15.3M

Itemized grants

7

Median grant

$50k

RecipientLocationPurposeAmount
FOUNDATION TO COMBAT ANTISEMITISMFOXBOROUGH, MACOMMUNITY SUPPORT ADDRESS INEQUALITY$11.9M
NATIONAL GALLERY OF ARTWASHINGTON, DCSUPPORT THE ARTS$1.8M
SCOTLAND AME CHURCHPOTOMAC, MDGENERAL SUPPORT$1.5M
AMERICAN FUND FOR THE SOUTHBANK CENTRENY, NYSUPPORT THE ARTS$50k
NATIONAL FOUNDATION FOR ADVANCEMENT OF THE ARTSMIAMI, FLGENERAL SUPPORT$50k
UNITED WAY OF NATIONAL CAPITAL AREAWASHINGTON, DCGENERAL SUPPORT$11k
SHELBURNE MUSEUMSHELBURNE, VTSUPPORT THE ARTS$10k

Down 18%
from 2023

From $303k in 2023 to $248k in 2024.

$303k
2023
$248k
2024
In today's dollarsEst.
Down 21% in real terms$332k to $263k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 243% from 2023 to 2024, while revenue fell 94%.

$72k in 2023 to $248k in 2024.
  • Chief Operating Officer pay fell 63% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

GLENSTONE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$266.8M
$52M
2023
$15.9M
$64.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Arts, Culture & Humanities executives earn in Maryland

Comparable arts, culture & humanities organizations in Maryland pay their highest-earning executive a median of $57,303.

25th percentile
$21k
Median
$57,303
75th percentile
$108k
90th percentile
$172k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 329 organizations across 329 filings (2021 – 2024).

See full Arts, Culture & Humanities pay data for Maryland
FAQ

Common questions about GLENSTONE FOUNDATION

What does the Chief Financial Officer of GLENSTONE FOUNDATION earn?

In 2024, the Chief Financial Officer of GLENSTONE FOUNDATION received $247,889 in total compensation. This pay is in the top quarter for Chief Financial Officer roles among Arts, Culture & Humanities organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at GLENSTONE FOUNDATION compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Chief Financial Officer at GLENSTONE FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at GLENSTONE FOUNDATION equaled 0.4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are GLENSTONE FOUNDATION's revenue and expenses?

In 2024, GLENSTONE FOUNDATION reported $15.9M in total revenue and $64.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.