Jacob And Hilda Blaustein Foundation Inc
- Assets
- $123.5m
- Revenue
- $5.7m
- Investments
- $120.2m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 05/1959
- Data as of
- 12/2022
- EIN
- 52-6038382
Organization Overview
Jacob And Hilda Blaustein Foundation Inc is located in Baltimore, MD. The organization was established in 1959. 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. Jacob And Hilda Blaustein 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 12/2022, Jacob And Hilda Blaustein Foundation Inc generated $5.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $10.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jacob And Hilda Blaustein Foundation Inc has awarded 1,594 individual grants totaling $77,265,077. 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 |
|---|---|---|---|
Michael J Hirschhorn President & Director | 30 | $95,906 | |
Barbara S Roswell Vice President & Director | 0 | $0 | |
Sarah H Shapiro Vice President & Director | 0 | $0 | |
Jennifer A Pratt Secretary | 0 | $0 | |
Betsy F Ringel Assistant Secretary & Executive Dir. | 30 | $106,632 | |
Sandra L Glock Assistant Treasurer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Atapco Financial Services Inc | 12/30/22 | $166,400 |
Rockefeller & Company (Via K-1) | 12/30/22 | $137,342 |
Spur Ventures (Via K-1) | 12/30/22 | $115,051 |
Mercer | 12/30/22 | $80,877 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,600,000 |
| Interest on Savings | $1,025 |
| Dividends & Interest | $2,333,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,247,100 |
| Capital Gain Net Income | $2,247,100 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$450,457 |
| Total Revenue | $5,730,918 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $279,860 |
| Other employee salaries and wages | $266,578 |
| Pension plans, employee benefits | $55,853 |
| Interest | $0 |
| Taxes | $462,374 |
| Depreciation | $0 |
| Occupancy | $72,997 |
| Travel, conferences, and meetings | $4,575 |
| Printing and publications | $0 |
| Other expenses | $28,140 |
| Total operating and administrative expenses | $1,504,036 |
| Contributions, gifts, grants paid | $8,652,853 |
| Total expenses and disbursements | $10,156,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,423,626 |
| 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 | $120,153,690 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $969,153 |
| Total assets | $123,546,469 |
| 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, Jacob And Hilda Blaustein Foundation Inc has awarded $12,887,853 in support to 243 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF MARYLAND PURPOSE: SUPPORT FOR THE RIGHT TO EDUCATION PROGRAM | $60,000 |
ACTIVE MINDS INC PURPOSE: GENERAL SUPPORT | $40,000 |
AMERICAN FRIENDS OF ITIM PURPOSE: RENEWED GENERAL SUPPORT TO PROMOTE RELIGIOUS FREEDOM AND PLURALISM IN ISRAEL | $25,000 |
AMERICAN FRIENDS OF ELI PURPOSE: RENEWED GENERAL SUPPORT FOR THERAPEUTIC SERVICES TO VICTIMS OF CHILD ABUSE IN ISRAEL | $25,000 |
AMERICAN FRIENDS OF THE HESCHEL CENTER INC PURPOSE: RENEWED SUPPORT TO PROMOTE ENVIRONMENTAL LEADERSHIP AND EDUCATE FOR SUSTAINABILITY IN ISRAEL | $35,000 |
AMERICAN JEWISH WORLD SERVICE PURPOSE: RENEWED SUPPORT FOR AJWS'S WORK ON CHILD, EARLY, AND FORCED MARRIAGE AND UNIONS | $100,000 |