Blumberg Foundation Inc
- Assets
- $1.3m
- Revenue
- $267.8k
- Investments
- $1.2m
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 06/1947
- Data as of
- 03/2022
- EIN
- 13-6109155
Organization Overview
Blumberg Foundation Inc is located in Stamford, CT. The organization was established in 1947. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blumberg 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.
For the year ending 03/2022, Blumberg Foundation Inc generated $267.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $66.1k during the year ending 03/2022. While expenses have increased by 10.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Blumberg Foundation Inc has awarded 100 individual grants totaling $332,368. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $59,847 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,978 |
| Capital Gain Net Income | $7,978 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $267,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $793 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,446 |
| Total operating and administrative expenses | $6,839 |
| Contributions, gifts, grants paid | $59,250 |
| Total expenses and disbursements | $66,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,561 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,335,968 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Blumberg Foundation Inc has awarded $59,250 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
PRINCETON UNIVERSITY PURPOSE: GENERAL FUNDPUBLIC CHARITY | $10,500 |
Cambridge, MA PURPOSE: GENERAL FUNDPUBLIC CHARITY | $8,500 |
White Plains, NY PURPOSE: GENERAL FUNDPUBLIC CHARITY | $7,500 |
Chicago, IL PURPOSE: GENERAL FUNDPUBLIC CHARITY | $7,000 |
ELMSFORD LITTLE LEAGUE PURPOSE: GENERAL FUNDPUBLIC CHARITY | $4,950 |
San Diego, CA PURPOSE: GENERAL FUNDPUBLIC CHARITY | $3,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Urban Development Corporation Buffalo, NY | $100,186,156 | $9,769,050 |
The Fund For Parks And Recreation In Boston Boston, MA | $15,922,090 | $6,711,889 |
128 West Transportation Council Inc Waltham, MA | $2,138,696 | $3,791,714 |
Mass Mentoring Partnership Inc Boston, MA | $3,908,855 | $3,737,455 |
Excavators 731 Property Corp Astoria, NY | $23,888,581 | $2,129,993 |
Addie Mae Collins Community Services New York, NY | $1,021,619 | $2,927,389 |
New Garden Park Inc Worcester, MA | $35,860,729 | $21,019,526 |
Society Of St Vincent De Paul Svdp Rhode Island Cranston, RI | $2,227,449 | $2,629,698 |
Building Trades Employers Assn Of The City Of New York New York, NY | $1,952,232 | $1,860,665 |
Schoharie Community Action Program Corp Cobleskill, NY | $470,662 | $1,980,674 |
Associated General Contractors Of Massachusetts Inc Wellesley, MA | $1,261,141 | $1,745,997 |
Building Trades Employers Association Of Boston & Eastern Ma Braintree, MA | $2,429,269 | $1,872,935 |