Blume Foundation
- Assets
- $17.4m
- Revenue
- $840.0k
- Investments
- $17.3m
- Employees
- 0
- Location
- San Mateo, CA
- Founding
- 03/1959
- Data as of
- 11/2023
- EIN
- 94-6073163
Organization Overview
Blume Foundation is located in San Mateo, CA. The organization was established in 1959. 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. Blume 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 11/2023, Blume Foundation generated $840.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $1.3m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Blume Foundation has awarded 147 individual grants totaling $11,311,500. 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 |
|---|---|---|---|
Dana Aleshire President | 1 | $0 | |
Anne Kiremidjian Board Member | 1 | $0 | |
Marty Czarnecki Board Member | 1 | $0 | |
Jaimie Henderson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $316,369 |
| Dividends & Interest | $300,489 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $223,168 |
| Capital Gain Net Income | $223,168 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $840,026 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $970 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $129,387 |
| Total operating and administrative expenses | $226,233 |
| Contributions, gifts, grants paid | $1,077,000 |
| Total expenses and disbursements | $1,303,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $118,340 |
| 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 | $922,709 |
| Investments—other | $4,358,271 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,418,686 |
| 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, Blume Foundation has awarded $1,077,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
DESTINY ARTS CENTER PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION | $100,000 |
JASPER RIDGE FARM PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION | $10,000 |
KQED NORTHERN CALIFORNIA PUBLIC BROADCAST PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION | $30,000 |
MILLS PENINSULA HOSPITAL PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION | $10,000 |
SAN MATEO COUNTY COMMUNITY COLLEGES FOUNDATION PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION | $10,000 |
PENINSULA HUMANE SOCIETY & SPCA PURPOSE: TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION | $80,000 |