Blavatnik Family Foundation
- Assets
- $174.1m
- Revenue
- $21.5m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2018
- Data as of
- 12/2019
- 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.
For the year ending 12/2019, Blavatnik Family Foundation generated $21.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (52.2%) each year. All expenses for the organization totaled $159.3m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Blavatnik Family Foundation has awarded 324 individual grants totaling $226,968,177. 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 | $0 |
| Interest on Savings | $3,640,943 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,796,681 |
| Capital Gain Net Income | $17,796,681 |
| Net ST Capital Gain | $17,796,681 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $103,169 |
| Total Revenue | $21,540,793 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $430,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $497,297 |
| Total operating and administrative expenses | $1,179,959 |
| Contributions, gifts, grants paid | $158,162,787 |
| Total expenses and disbursements | $159,342,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $173,957,740 |
| Net Accounts receivable | $118,354 |
| 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 | $174,076,094 |
| Accounts payable and accrued expenses | $497,207 |
| 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 | $497,207 |
Grants Awarded
Over the last fiscal year, Blavatnik Family Foundation has awarded $158,162,787 in support to 149 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: SUPPORT FOR EDUCATION AND RESEARCH | $100,000,000 |
New York, NY PURPOSE: SUPPORT FOR SCIENTIFIC RESEARCH AND KNOWLEDGE | $12,244,488 |
YALE UNIVERSITY PURPOSE: SUPPORT FOR EDUCATION | $5,200,000 |
THE COURTAULD INSTITUTE OF ART PURPOSE: SUPPORT CULTURAL INSTITUTION RESTORATION | $4,981,600 |
AMERICAN FRIENDS TEL AVIV UNIVERSIT PURPOSE: SUPPORT FOR EDUCATION | $4,000,000 |
ILLUMINATED RIVER FOUNDATION PURPOSE: SUPPORT FOR THE ARTS | $3,055,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert Wood Johnson Foundation Princeton, NJ | $11,911,586,700 | $577,007,685 |
Simons Foundation Inc New York, NY | $4,015,531,241 | $523,660,840 |
Faculty Practice Foundation Inc Boston, MA | $86,602,730 | $418,419,019 |
Rockefeller Foundation New York, NY | $4,929,907,452 | $337,487,726 |
Jp Morgan Chase Foundation New York, NY | $302,020,428 | $256,877,839 |
Genzyme Charitable Foundation Inc Bridgewater, NJ | $0 | $236,871,100 |
Blavatnik Family Foundation New York, NY | $174,076,094 | $21,540,793 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA | $2,301,673,237 | $225,656,936 |
Adelson Family Foundation Needham, MA | $522,108 | $116,767,506 |
Druckenmiller Foundation New York, NY | $1,273,919,839 | $136,579,901 |
Doris Duke Charitable Foundation Inc New York, NY | $1,930,470,080 | $113,349,408 |
Klarman Family Foundation Boston, MA | $688,091,719 | $95,381,386 |