Charles Bloom Foundation Inc
- Assets
- $1.0m
- Revenue
- -$48.0k
- Investments
- $1.0m
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 02/1949
- Data as of
- 11/2023
- EIN
- 13-6083599
Organization Overview
Charles Bloom Foundation Inc is located in Santa Barbara, CA. The organization was established in 1949. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles Bloom Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Charles Bloom Foundation Inc has awarded 33 individual grants totaling $612,599. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S ONLY ACTIVITY IS GRANT MAKING. APPLICATIONS ARE REVIEWED AND ACCEPTED OR DENIED. THE FOUNDATION MADE 5 GRANTS THIS YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Bookout Secretary, CFO | 0 | $0 | |
Clay Tedeschi President | 0 | $0 | |
Kurt Rieckenberg Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $48 |
| Dividends & Interest | $34,244 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$82,306 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$48,014 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $844 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,383 |
| Total operating and administrative expenses | $10,252 |
| Contributions, gifts, grants paid | $252,000 |
| Total expenses and disbursements | $262,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,634 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $626,463 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $1,021,492 |
| Accounts payable and accrued expenses | $1,050 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,050 |
Grants Awarded
Over the last fiscal year, Charles Bloom Foundation Inc has awarded $252,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SB MUSEUM OF ART PURPOSE: GENERAL | $101,000 |
METROPOLITAN MUSEUM OF ART PURPOSE: GENERAL | $25,000 |
MUSIC ACADEMY OF THE WEST PURPOSE: GENERAL | $25,000 |
CRAFTS ALLIANCE PURPOSE: GENERAL | $1,000 |
PACIFIC PRIDE FOUNDATION PURPOSE: GENERAL | $100,000 |