Blavatnik Family Foundation
- Assets
- $47.9m
- Revenue
- $87.4m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 81-2444350
Organization Overview
Blavatnik Family Foundation is located in New York, NY. The organization was established in 2018. 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. Blavatnik 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, Blavatnik Family Foundation generated $87.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $40.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Blavatnik Family Foundation has awarded 596 individual grants totaling $438,549,224. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,400,000 |
| Interest on Savings | $149,014 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $72,881,726 |
| Capital Gain Net Income | $72,881,726 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$906 |
| Total Revenue | $87,429,834 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $345,237 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $476,839 |
| Total operating and administrative expenses | $1,025,900 |
| Contributions, gifts, grants paid | $39,218,621 |
| Total expenses and disbursements | $40,244,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,857,010 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $47,857,010 |
| Accounts payable and accrued expenses | $482,745 |
| 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 | $482,745 |
Grants Awarded
Over the last fiscal year, Blavatnik Family Foundation has awarded $39,218,621 in support to 90 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS RUSSIAN JEWISH CON PURPOSE: SUPPORT FOR JEWISH COMMUNITIES AND ORGANIZATIONS | $50,000 |
BLAVATNIK ARCHIVE FOUNDATION PURPOSE: PRESERVATION OF DOCUMENTS | $467,500 |
MOUNT SINAI MEDICAL CENTER PURPOSE: SUPPORT FOR MEDICAL RESEARCH | $500,000 |
NEW YORK ACADEMY OF SCIENCE PURPOSE: SUPPORT FOR SCIENTIFIC RESEARCH AND KNOWLEDGE | $3,024,342 |
AMERICA GIVES INC PURPOSE: SUPPORTS AND RAISES AWARENESS OF OTHER CHARITABLE ORGANIZATIONS AND PROGRAMS LOCATED IN THE UNITED STATES, ISRAEL, AND OTHER COUNTRIES. | $200,000 |
AMERICAN FRIENDS ISRAEL MUSEUM PURPOSE: SUPPORT FOR THE ARTS | $100,000 |