Blum Family Foundation Inc
- Assets
- $2.7m
- Revenue
- $35.1k
- Investments
- $2.7m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 01/1958
- Data as of
- 06/2023
- EIN
- 52-6039023
Organization Overview
Blum Family Foundation Inc is located in Baltimore, MD. The organization was established in 1958. 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. Blum 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 06/2023, Blum Family Foundation Inc generated $35.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (41.1%) each year. All expenses for the organization totaled $437.9k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Blum Family Foundation Inc has awarded 227 individual grants totaling $7,430,633. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc P Blum President, Director | 0 | $0 | |
James Blum Vice Pres,treas. Director | 0 | $0 | |
Claire Stampfer Vice President, Director | 0 | $0 | |
Emily Clayton Secretary, Asst. Treas. | 0 | $0 | |
Ari Blum Vice President, Director | 0 | $0 | |
Alex Blum Asst. Treas., Asst. Secty, | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,576 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,550 |
| Capital Gain Net Income | $20,550 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,436 |
| Taxes | $3,578 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,331 |
| Total operating and administrative expenses | $16,335 |
| Contributions, gifts, grants paid | $421,579 |
| Total expenses and disbursements | $437,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,246 |
| Savings and temporary cash investments | $0 |
| 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 | $571,112 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,702,032 |
| 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, Blum Family Foundation Inc has awarded $421,579 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ADELANTE LATINA INC PURPOSE: EDUCATIONAL | $10,000 |
ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE INC PURPOSE: RELIGIOUS | $200,000 |
COLUMBIA COLLEGE FUND COLUMBIA UNIVERSITY PURPOSE: EDUCATIONAL | $10,000 |
NEW YORK UNIVERSITY LANGONE HEALTH PURPOSE: CHARITABLE, MEDICAL | $5,000 |
SARAH LAWRENCE COLLEGE PURPOSE: EDUCATIONAL | $3,000 |
SINAI HOSPITAL OF BALTIMORE PURPOSE: EDUCATIONAL, HEALTH | $193,579 |