Cliffton E Bloom Hudson Foundation is located in Johns Island, SC. The organization was established in 1980. 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. Cliffton E Bloom Hudson 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, Cliffton E Bloom Hudson Foundation generated $30.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (35.3%) each year. All expenses for the organization totaled $95.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary M Bloom President/tr | 10 | $15,900 | |
Catherine E Bloom Vice-Pres/se | 3 | $12,300 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43 |
| Dividends & Interest | $30,205 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$98 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $78 |
| Taxes | $1,425 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,688 |
| Total operating and administrative expenses | $50,103 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $95,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,283 |
| Savings and temporary cash investments | $11,334 |
| 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 | $211,197 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $895,854 |
| 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 |
Over the last fiscal year, Cliffton E Bloom Hudson Foundation has awarded $45,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TUNNEL TO TOWERS FOUNDATION PURPOSE: SUPPORT MILITARY & FIRST RESPONDERS | $22,500 |
WOUNDED WARRIORS PROJECT PURPOSE: SUPPORT WOUNDED SOLDIERS | $22,500 |