Paul & Else Blum Private Foundation
- Assets
- $1.2m
- Revenue
- $119.6k
- Investments
- $1.2m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 05/1994
- Data as of
- 12/2023
- EIN
- 16-6394946
Organization Overview
Paul & Else Blum Private Foundation is located in Miami Beach, FL. The organization was established in 1994. 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. Paul & Else Blum Private 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 12/2023, Paul & Else Blum Private Foundation generated $119.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $87.3k during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 9 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, Paul & Else Blum Private Foundation has awarded 273 individual grants totaling $658,300. 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 |
|---|---|---|---|
Bernard Blum Trustee | 1 | $0 | |
Pharocorp Foundation Mgr. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $89,557 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,022 |
| Capital Gain Net Income | $30,022 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $119,579 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,240 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69 |
| Total operating and administrative expenses | $26,548 |
| Contributions, gifts, grants paid | $60,750 |
| Total expenses and disbursements | $87,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $672 |
| Savings and temporary cash investments | $0 |
| 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 | $3,707 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,214,175 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,218,554 |
| Accounts payable and accrued expenses | $9,546 |
| 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 | $9,546 |
Grants Awarded
Over the last fiscal year, Paul & Else Blum Private Foundation has awarded $60,750 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
NICHOLS SCHOOL PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $3,000 |
CARLETON COLLEGE PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $1,500 |
LEHIGH UNIVERSITY PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $1,000 |
GEORGETOWN UNIV PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $250 |
AMOS TUCK SCHOOL PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $1,000 |
BUFFALO PREP PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $30,000 |