Blackmon Family Foundation
- Assets
- $502.9k
- Revenue
- $40.1k
- Investments
- $425.7k
- Employees
- 0
- Location
- Mountain Brook, AL
- Founding
- 10/1998
- Data as of
- 12/2022
- EIN
- 63-1201181
Organization Overview
Blackmon Family Foundation is located in Mountain Brook, AL. The organization was established in 1998. 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. Blackmon 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 12/2022, Blackmon Family Foundation generated $40.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $51.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Blackmon Family Foundation has awarded 78 individual grants totaling $232,542. 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 |
|---|---|---|---|
Frederick M Blackmon President | 0 | $0 | |
Elizabeth B Lueck Director | 1 | $6,000 | |
Frederick M Blackmon Jr Director | 2 | $9,989 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,000 |
| Interest on Savings | $117 |
| Dividends & Interest | $16,723 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,212 |
| Capital Gain Net Income | $15,212 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,052 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,989 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,223 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,200 |
| Total operating and administrative expenses | $24,760 |
| Contributions, gifts, grants paid | $26,330 |
| Total expenses and disbursements | $51,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $77,220 |
| 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 | $220,128 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $502,907 |
| 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 | $2,518 |
| Total liabilities | $2,518 |
Grants Awarded
Over the last fiscal year, Blackmon Family Foundation has awarded $26,330 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S OF ALABAMA PURPOSE: TO PROMOTE CHARITABLE CAUSE | $1,000 |
CHRIST CHURCH UNITED METHODIST PURPOSE: TO PROMOTE CHARITABLE CAUSE | $15,000 |
LAUSANNE COLLEGIATE SCHOOL PURPOSE: TO PROMOTE CHARITABLE CAUSE | $1,600 |
MAKE-A-WISH FOUNDATION PURPOSE: TO PROMOTE CHARITABLE CAUSE | $500 |
MONTGOMERY AREA FOOD BANK PURPOSE: TO PROMOTE CHARITABLE CAUSE | $4,230 |
THE MONTGOMERY ACADEMY PURPOSE: TO PROMOTE CHARITABLE CAUSE | $3,000 |