Arthur & Barbara Bloom Foundation is located in San Diego, CA. The organization was established in 1982. 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. Arthur & Barbara Bloom 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, Arthur & Barbara Bloom Foundation generated $627.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $825.6k during the year ending 11/2023. While expenses have increased by 22.0% per year over the past 8 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 2015, Arthur & Barbara Bloom Foundation has awarded 374 individual grants totaling $1,976,965. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH CONTRIBUTIONS TO PUBLIC CHARITIES FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL AND PUBLIC SAFETY PURPOSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurence Bloom President | 2 | $0 | |
Todd Bloom Vice President | 0 | $0 | |
Jeff Bloom Treasurer | 0 | $0 | |
Jeff Bloom Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37 |
| Dividends & Interest | $66,017 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $561,060 |
| Capital Gain Net Income | $565,407 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $627,114 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,736 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $14,741 |
| Contributions, gifts, grants paid | $810,814 |
| Total expenses and disbursements | $825,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $50,807 |
| 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 | $472,257 |
| Accounts payable and accrued expenses | $7,836 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $3,241 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,077 |
Over the last fiscal year, Arthur & Barbara Bloom Foundation has awarded $810,814 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH COMMUNITY FOUNDATION SAN DIEGO PURPOSE: TO BUILD FLOURISHING JEWISH COMMUNITIES AND ADVANCE SUSTAINABLE, JUST, AND VIBRANT SOCIETIES IN SAN DIEGO, ISREAL, NATIONALLY AND AROUND THE GLOBE. | $351,584 |
JEWISH COMMUNITY FOUNDATION SAN DIEGO PURPOSE: TO BUILD FLOURISHING JEWISH COMMUNITIES AND ADVANCE SUSTAINABLE, JUST, AND VIBRANT SOCIETIES IN SAN DIEGO, ISREAL, NATIONALLY AND AROUND THE GLOBE. | $459,230 |