Bloom Foundation
- Assets
- $417.0k
- Revenue
- -$3.9k
- Investments
- $341.7k
- Employees
- 0
- Location
- Spokane, WA
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 20-4495284
Organization Overview
Bloom Foundation is located in Spokane, WA. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bloom Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Bloom Foundation has awarded 80 individual grants totaling $181,406. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FUNDING FOR CHARITABLE PURPOSES, INCLUDING DIRECT GRANTS TO QUALIFYING SECTION 501(C)3 ORGANIZATIONS FOR THEIR CHARITABLE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary N Bloom President | 1 | $0 | |
Susan M Bloom Director | 1 | $0 | |
Jeff Schick Director | 0 | $0 | |
Christy Bloom Director | 0 | $0 | |
Molly Schick Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,005 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,927 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $371 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,922 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $406 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,060 |
| Contributions, gifts, grants paid | $22,400 |
| Total expenses and disbursements | $25,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $75,297 |
| 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 | $417,027 |
| 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, Bloom Foundation has awarded $22,400 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE NATIVITY SCHOOL PURPOSE: EDUCATION. | $5,000 |
TEAM GLEASON INITIATIVE FOUNDATION PURPOSE: MEDICAL RESEARCH | $4,000 |
OLSON NEURO-ONCOLOGY RESEARCH FUND PURPOSE: CANCER RESEARCH | $3,700 |
BIG BROTHERS AND SISTERS SPOKANE PURPOSE: YOUTH ACVOCACY | $3,700 |
SECOND HARVEST FOOD BANK PURPOSE: HELATH FOR NEEDY | $3,000 |
FAMILY PROMISE OF SPOKANE PURPOSE: FUNDING TO AID HOMELESSNESS. | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |
Sahsen Foundation Seattle, WA | $120,057,207 | $11,828,075 |
Vatheuer Family Foundation Inc Hobart, WA | $0 | $3,733,677 |
Crystal Spring Foundation Seattle, WA | $0 | $2,197,015 |