Blum Family Foundation
- Assets
- $7.3m
- Revenue
- $1.1m
- Investments
- $1.4m
- Employees
- 0
- Location
- Medford, OR
- Founding
- 05/2016
- Data as of
- 12/2023
- EIN
- 61-1776451
Organization Overview
Blum Family Foundation is located in Medford, OR. The organization was established in 2016. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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 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, Blum Family Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 39.5% each year . All expenses for the organization totaled $450.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Blum Family Foundation has awarded 67 individual grants totaling $3,578,280. 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 |
|---|---|---|---|
Jeffrey R Blum President | 1 | $0 | |
Tina L Blum Vice President | 1 | $0 | |
Michelle Atkinson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,964 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $556,799 |
| Capital Gain Net Income | $556,799 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $487,205 |
| Total Revenue | $1,066,968 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,141 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,456 |
| Contributions, gifts, grants paid | $446,000 |
| Total expenses and disbursements | $450,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $99,942 |
| 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 | $5,779,950 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,414,091 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $42,571 |
| Total assets | $7,336,554 |
| 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 | $1,513,831 |
| Total liabilities | $1,513,831 |
Grants Awarded
Over the last fiscal year, Blum Family Foundation has awarded $446,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS INC PURPOSE: PUBLIC CHARITY SUPPORTS LOW INCOME COMMUNITY MEMBERS | $65,000 |
KIDS UNLIMITED OF OREGON PURPOSE: PUBLIC CHARITY PROVIDES YOUTH AND COMMUNITY DEVELOPMENT SERVICES TO AREA FAMILIES | $100,000 |
MASLOW PROJECT PURPOSE: PUBLIC CHARITY PROVIDES SUPPORT AND RESOURCES FOR HOMELESS AREA YOUTH | $75,000 |
CHILDREN'S ADVOCACY CENTER PURPOSE: PUBLIC CHARITY WORKS TO PREVENT CHILD ABUSE IN JACKSON COUNTY | $75,000 |
FAMILY NURTURING CENTER PURPOSE: PUBLIC CHARITY SUPPORTS HIGH-RISK FAMILIES WITH YOUNG CHILDREN TO KEEP FAMILIES INTACT | $100,000 |
WALKING TALL SOUTHERN OREGON PURPOSE: PROVIDES LIFE COACHING AND CHRISTIAN-BASED MENTORSHIP | $15,000 |