Jacob Bluestein Foundation
- Assets
- $0.0
- Revenue
- $152.4k
- Investments
- $1.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1958
- Data as of
- 04/2022
- EIN
- 13-6116536
Organization Overview
Jacob Bluestein Foundation is located in New York, NY. The organization was established in 1958. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jacob Bluestein Foundation 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 04/2022, Jacob Bluestein Foundation generated $152.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $139.7k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jacob Bluestein Foundation has awarded 279 individual grants totaling $1,136,045. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marion Galison President/director | 0 | $0 | |
Gerald Galison Sec/treasurer/director | 0 | $0 | |
Peter Galison Vice Pres/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $80,277 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,682 |
| Total Revenue | $152,404 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $7,686 |
| Contributions, gifts, grants paid | $132,000 |
| Total expenses and disbursements | $139,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,312 |
| Investments—mortgage loans | $0 |
| Investments—other | $723,400 |
| Other assets | $7,273 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jacob Bluestein Foundation has awarded $81,940 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
OCEAN CONSERVANCY PURPOSE: GENERAL USE | $1,500 |
OLSS PURPOSE: GENERAL USE | $940 |
WNET 13 PURPOSE: GENERAL USE | $1,500 |
CITY HARVEST PURPOSE: GENERAL USE | $1,000 |
NATURE CONSERVANCY PURPOSE: GENERAL USE | $500 |
ENVIRONMENTAL DEFENSE FUND PURPOSE: GENERAL USE | $3,000 |