Judy And Peter Blum Kovler Foundation
- Assets
- $35.3m
- Revenue
- $9.5m
- Investments
- $33.2m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/1957
- Data as of
- 12/2020
- EIN
- 36-2476143
Organization Overview
Judy And Peter Blum Kovler Foundation is located in Washington, DC. The organization was established in 1957. 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. Judy And Peter Blum Kovler 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 12/2020, Judy And Peter Blum Kovler Foundation generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 53.7% each year . All expenses for the organization totaled $5.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Judy And Peter Blum Kovler Foundation has awarded 450 individual grants totaling $13,785,919. 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 |
|---|---|---|---|
Peter B Kovler Chairman/director | 35 | $118,250 | |
Judy L Lansing Director | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,251,647 |
| Dividends & Interest | $623,201 |
| Net Rental Income | $429 |
| Net Gain on Sale of Assets | $7,589,949 |
| Capital Gain Net Income | $7,589,949 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,043 |
| Total Revenue | $9,476,269 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $129,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $113,411 |
| Depreciation | $0 |
| Occupancy | $39,032 |
| Travel, conferences, and meetings | $581 |
| Printing and publications | $0 |
| Other expenses | $43,107 |
| Total operating and administrative expenses | $523,789 |
| Contributions, gifts, grants paid | $4,876,251 |
| Total expenses and disbursements | $5,400,040 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,803 |
| Savings and temporary cash investments | $1,538,372 |
| Net Accounts receivable | $212,200 |
| 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 | $9,349,860 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $329,033 |
| Total assets | $35,270,609 |
| 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, Judy And Peter Blum Kovler Foundation has awarded $4,448,092 in support to 134 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: TO AID IN THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000,000 |
Arlington, VA PURPOSE: TO AID IN THE EXEMPT PURPOSE OF THE ORGANIZATION | $497,520 |
Chicago, IL PURPOSE: TO AID IN THE EXEMPT PURPOSE OF THE ORGANIZATION | $404,712 |
Washington, DC PURPOSE: TO AID IN THE EXEMPT PURPOSE OF THE ORGANIZATION | $300,000 |
WETA PURPOSE: TO AID IN THE EXEMPT PURPOSE OF THE ORGANIZATION | $250,000 |
Washington, DC PURPOSE: TO AID IN THE EXEMPT PURPOSE OF THE ORGANIZATION | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Stephen And Renee Bisciotti Foundation Inc Baltimore, MD | $229,911,583 | $55,799,955 |
Norman R Rales And Ruth Rales Foundation Washington, DC | $221,982,032 | $95,551,218 |
T Rowe Price Foundation Baltimore, MD | $114,583,054 | $23,335,778 |
Edward C And Linda Dresner Levy Foundation Reston, VA | $6,482,787 | $4,609,179 |
Mann-Paller Foundation Inc Bethesda, MD | $80,615,648 | $30,572,645 |
Northrop Grumman Foundation Falls Church, VA | $33,455,291 | $16,167,307 |
Regent Philanthropic Foundation Inc Hunt Valley, MD | $5,466,613 | $606,006 |