Walter F Blaine Foundation
- Assets
- $1.1m
- Revenue
- -$78.7k
- Investments
- $1.0m
- Employees
- 0
- Location
- Fair Haven, NJ
- Founding
- 03/1963
- Data as of
- 11/2023
- EIN
- 13-6028805
Organization Overview
Walter F Blaine Foundation is located in Fair Haven, NJ. The organization was established in 1963. 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. Walter F Blaine Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Walter F Blaine Foundation has awarded 42 individual grants totaling $182,085. 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
PLEASE NOTE THAT THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Wenzel Trustee | 0 | $0 | |
Patricia Bodden Trustee | 0 | $0 | |
Michael Bodden Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $223 |
| Dividends & Interest | $34,331 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$113,225 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$78,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,063 |
| Total operating and administrative expenses | $14,313 |
| Contributions, gifts, grants paid | $61,810 |
| Total expenses and disbursements | $76,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $40,572 |
| 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 | $1,041,112 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,081,684 |
| 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, Walter F Blaine Foundation has awarded $61,810 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
DREW UNIVERSITY PURPOSE: ATHLETICS DEPT | $10,500 |
ST FRANCIS HUMAN CONCERNS PURPOSE: GENERAL PURPOSE FUND | $3,000 |
POYDRAS HOME PURPOSE: GENERAL PURPOSE FUND | $5,000 |
ST MARYS OF THE LUKES SCHOOL PURPOSE: GENERAL PURPOSE FUND | $5,000 |
TOWNSHIP OF LONG BEACH PBA 373 PURPOSE: GENERAL PURPOSE FUND | $1,000 |
WAVES OF STRENGTH PURPOSE: GENERAL PURPOSE FUND | $3,600 |