Blake Family Foundation Inc
- Assets
- $54.6m
- Revenue
- $13.5m
- Investments
- $54.0m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 47-4945600
Organization Overview
Blake Family Foundation Inc is located in Atlanta, GA. The organization was established in 2015. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Blake Family 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 12/2021, Blake Family Foundation Inc generated $13.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Blake Family Foundation Inc has awarded 68 individual grants totaling $6,839,020. 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 |
|---|---|---|---|
Elizabeth Blake Treasurer | 1 | $0 | |
Francis S Blake President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,383,420 |
| Interest on Savings | $38,681 |
| Dividends & Interest | $1,266,516 |
| Net Rental Income | $8,535 |
| Net Gain on Sale of Assets | $4,623,995 |
| Capital Gain Net Income | $4,623,995 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $216,383 |
| Total Revenue | $13,537,530 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $58,384 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,764 |
| Total operating and administrative expenses | $220,948 |
| Contributions, gifts, grants paid | $2,442,888 |
| Total expenses and disbursements | $2,663,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $584,416 |
| Net Accounts receivable | $4,830 |
| 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 | $5,978,162 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $26,818 |
| Total assets | $54,641,915 |
| 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, Blake Family Foundation Inc has awarded $2,442,888 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: OPERATIONAL SUPPORT | $691,170 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: OPERATIONAL SUPPORT | $250,000 |
THE LIZ BLAKE CHARITABLE FUND PURPOSE: OPERATIONAL SUPPORT | $235,859 |
BLAKE FAMILY FUND PURPOSE: OPERATIONAL SUPPORT | $235,859 |
GRADY HEALTH FOUNDATION PURPOSE: OPERATIONAL SUPPORT | $125,000 |
SECOND HELPINGS ATLANTA INC PURPOSE: OPERATIONAL SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mitchell Wolfson Sr Foundation Miami, FL | $245,881,118 | $51,380,734 |
Sudco Inc & Affiliates Voluntary Empl Beneficiary Association Tr Jacksonville, FL | $1,629,809 | $12,527,671 |
Lucille S Beeson Charitable Remainder 66 1055001761 Birmingham, AL | $200,434,362 | $15,901,903 |
South Carolina Automobile Dealers Trust Columbia, SC | $615,773 | $12,853,378 |
Walter R Ferguson Charitable Foundation Charitable Foundation Fort Lauderdale, FL | $0 | $613,063 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
Telford Foundation Inc Naples, FL | $77,208,801 | $5,161,589 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Wanda And James M Moran Jr Foundation Inc Deerfield Beach, FL | $6,609,461 | $5,004,559 |
Yarim Foundation Boca Raton, FL | $1,467,226 | $2,520,229 |
Arnold & Winnie Palmer Foundation Inc Orlando, FL | $20,742,397 | $2,603,528 |
Mssa Ila Vacation Plan And Trust Mobile, AL | $2,494,985 | $3,007,833 |