Walter A Bloedorn Foundation
- Assets
- $7.3m
- Revenue
- $962.2k
- Investments
- $6.7m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/1966
- Data as of
- 12/2023
- EIN
- 52-0846147
Organization Overview
Walter A Bloedorn Foundation is located in Washington, DC. The organization was established in 1966. 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. Walter A Bloedorn 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 12/2023, Walter A Bloedorn Foundation generated $962.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $530.8k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 9 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 2015, Walter A Bloedorn Foundation has awarded 354 individual grants totaling $3,227,000. 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 |
|---|---|---|---|
John A Sargent Jr Vice President/director | 2 | $1,000 | |
H Gregory Platts Director | 2 | $1,000 | |
John A Sargent Director | 2 | $1,000 | |
Robert E Davis President/director | 3 | $11,000 | |
Kathryn E Davis Director | 2 | $1,000 | |
Stephanie DE Sibour Secretary/director | 12 | $16,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,910 |
| Interest on Savings | $0 |
| Dividends & Interest | $151,237 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $786,005 |
| Capital Gain Net Income | $786,005 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $962,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,179 |
| Depreciation | $0 |
| Occupancy | $2,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,326 |
| Total operating and administrative expenses | $145,810 |
| Contributions, gifts, grants paid | $385,000 |
| Total expenses and disbursements | $530,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,030 |
| Savings and temporary cash investments | $574,880 |
| 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 | $1,016,021 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,382 |
| Total assets | $7,347,838 |
| 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, Walter A Bloedorn Foundation has awarded $385,000 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
A WIDER CIRCLE PURPOSE: TO SUPPORT YOUTH PROGRAMS | $15,000 |
BEST BUDDIES IN VIRGINIA AND DC PURPOSE: TO SUPPORT YOUTH PROGRAMS | $5,000 |
BRIGHT BEGINNINGS PURPOSE: TO SUPPORT EARLY CHILDHOOD EDUCATION AND DEVELOPMENT. | $5,000 |
DC BILINGUAL PUBLIC CHARTER SCHOOL PURPOSE: TO SUPPORT A STRONG RETURN TO ON CAMPUS LEARNING AFTER COVID. | $10,000 |
DC CENTRAL KITCHEN PURPOSE: TO SUPPORT THE GREATEST NEED FEEDING THE HUNGRY DURING THE PANDEMIC. | $5,000 |
EDUCARE DC PURPOSE: TO SUPPORT YOUR GREATEST NEEDS. | $10,000 |