Oe Blume Jr Foundation
- Assets
- $485.5k
- Revenue
- $56.5k
- Investments
- $455.9k
- Employees
- 0
- Location
- Waco, TX
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-2850616
Organization Overview
Oe Blume Jr Foundation is located in Waco, TX. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Oe Blume Jr 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 12/2021, Oe Blume Jr Foundation generated $56.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $50.9k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Oe Blume Jr Foundation has awarded 28 individual grants totaling $168,000. 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 | $0 |
| Dividends & Interest | $14,079 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,424 |
| Capital Gain Net Income | $42,424 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,746 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,000 |
| Total operating and administrative expenses | $8,941 |
| Contributions, gifts, grants paid | $42,000 |
| Total expenses and disbursements | $50,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $29,605 |
| 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 | $485,532 |
| 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, Oe Blume Jr Foundation has awarded $42,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FALLS COUNTY SAMARITAN HOUSE PURPOSE: TO HELP PROVIDE FOOD, CLOTHING, MOTEL ROOMS, ETC. FOR PEOPLE IN NEED OF THESE NECESSITIES. | $6,000 |
Waco, TX PURPOSE: TO FINANCE HELPING THE ELDERLY AND DISABLED ACHIEVE INDEPENDENT LIVING. | $6,000 |
Waco, TX PURPOSE: TO PROVIDE FUNDS FOR CARITAS' MANY PROGRAMS (FOOD BANK, GIFT-IN-KIND PROGRAM, HOUSEHOLD ITEMS) | $6,000 |
Waco, TX PURPOSE: TO PROVIDE NEEDED MEALS TO SENIOR CITIZENS IN THE WACO AREA AND TO HELP FUND THE SENIOR CENTER PROGRAM. | $6,000 |
Waco, TX PURPOSE: TO HELP FUND EFFORTS TO PROVIDE PERMANENT HOUSING AND EMPLOYMENT TO HOMELESS INDIVIDUALS. | $6,000 |
Waco, TX PURPOSE: TO HELP FINANCE MISSION WACO'S OUTREACH INTO THE COMMUNITY THROUGH ITS MANY PROGRAMS (FAMILY AND ADULT, YOUTH AND CHILDREN MINISTRIES) | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jane P And Wiley L Mossy Jr Foundation Houston, TX | $339,084 | $6,855,893 |
Gene And Jerry Jones Family-Dallas Cowboys Charities Frisco, TX | $3,095,461 | $7,273,707 |
Py Foundation Artesia, NM | $56,655,367 | $3,921,217 |
Marshall Legacy Foundation Metairie, LA | $37,157,594 | $21,197,543 |
Gods Light In The Darkness Foundation Carlbad, NM | $31,530,012 | $790,978 |
Marshall Heritage Foundation Metairie, LA | $15,210,686 | $21,134,216 |
Mary E Bivins Trust Amarillo, TX | $23,577,867 | $7,091,283 |
Norman H Read 1985 Trust Amarillo, TX | $61,022,769 | $8,703,971 |
Arlene And Joseph Meraux Charitable Foundation Violet, LA | $95,291,949 | $9,307,858 |
East Texas Medical Center Regional Healthcare System Tyler, TX | $164,248,819 | $57,646,365 |
Eugene V And Clare Thaw Charitable Trust Santa Fe, NM | $97,006,761 | $1,880,279 |
James A Buddy Davidson Charitable Foundation Midland, TX | $104,683,845 | $20,028,427 |