Philo & Sarah Blaisdell Foundation
- Assets
- $9.9m
- Revenue
- $931.7k
- Investments
- $9.6m
- Employees
- 0
- Location
- Bradford, PA
- Founding
- 02/1952
- Data as of
- 12/2022
- EIN
- 25-6035748
Organization Overview
Philo & Sarah Blaisdell Foundation is located in Bradford, PA. The organization was established in 1952. 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. Philo & Sarah Blaisdell 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 12/2022, Philo & Sarah Blaisdell Foundation generated $931.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $789.8k during the year ending 12/2022. While expenses have increased by 14.2% per year over the past 8 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 2014, Philo & Sarah Blaisdell Foundation has awarded 1,112 individual grants totaling $4,199,373. 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 |
|---|---|---|---|
Richard E Mcdowell Trustee | 2 | $0 | |
Grant Duke Trustee | 1 | $0 | |
George B Duke Chairman | 2 | $0 | |
Harriett B Wick Trustee | 1 | $0 | |
Ronald L Orris Executive Di | 15 | $57,983 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,951 |
| Interest on Savings | $0 |
| Dividends & Interest | $239,844 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $682,846 |
| Capital Gain Net Income | $682,846 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $32 |
| Total Revenue | $931,673 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,983 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,463 |
| Interest | $0 |
| Taxes | $12,763 |
| Depreciation | $0 |
| Occupancy | $6,596 |
| Travel, conferences, and meetings | $2,238 |
| Printing and publications | $0 |
| Other expenses | $45,844 |
| Total operating and administrative expenses | $230,890 |
| Contributions, gifts, grants paid | $558,958 |
| Total expenses and disbursements | $789,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,979 |
| Savings and temporary cash investments | $189,221 |
| 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 | $9,856,815 |
| 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 | $19,105 |
| Total liabilities | $19,105 |
Grants Awarded
Over the last fiscal year, Philo & Sarah Blaisdell Foundation has awarded $558,958 in support to 119 organizations.
| Grant Recipient | Amount |
|---|---|
BRANDY SHUGARS PURPOSE: ASSISTANCE | $300 |
DAVID FEELY PURPOSE: HEART TRANSPLANT | $500 |
FELECIA EVERLY PURPOSE: CANCER TREATMENT | $1,000 |
SHAWN ARMSTRONG PURPOSE: FUNERAL | $1,000 |
JASON EASTMAN PURPOSE: CANCER | $500 |
JUDITH SMITH PURPOSE: HEARING AID | $250 |