Ellen & Ronald Block Family Foundation Inc
- Assets
- $2.7m
- Revenue
- $1.9m
- Investments
- $441.8k
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 12/2006
- Data as of
- 12/2022
- EIN
- 20-2067790
Organization Overview
Ellen & Ronald Block Family Foundation Inc is located in Palm Beach, FL. The organization was established in 2006. 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. Ellen & Ronald Block Family Foundation Inc 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, Ellen & Ronald Block Family Foundation Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 5.4% per year over the past 7 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 2016, Ellen & Ronald Block Family Foundation Inc has awarded 377 individual grants totaling $5,501,822. 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 |
|---|---|---|---|
Ellen Block Director | 5 | $0 | |
Laurie A Block Director | 2 | $0 | |
Michael H Block Director | 2 | $0 | |
Susan S Block Casdin Director | 2 | $0 | |
Jane S Englebardt Officer | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19,847 |
| Dividends & Interest | $95,667 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,767,731 |
| Capital Gain Net Income | $1,767,731 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,883,245 |
| 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 | $35,052 |
| Printing and publications | $0 |
| Other expenses | $3,656 |
| Total operating and administrative expenses | $231,092 |
| Contributions, gifts, grants paid | $905,678 |
| Total expenses and disbursements | $1,136,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,295,610 |
| 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 | $3,949 |
| Total assets | $2,741,314 |
| 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, Ellen & Ronald Block Family Foundation Inc has awarded $905,678 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
ART INSTITUTE OF CHICAGO PURPOSE: UNRESTRICTED | $5,000 |
BROWN SCHOOL OF PUBLIC HEALTH PURPOSE: UNRESTRICTED | $5,000 |
ASPEN INSTITUTE PURPOSE: UNRESTRICTED | $2,500 |
HILLEL INTERNATIONAL PURPOSE: RESTRICTED TO HILLEL CAMPUS CLIMATE INITATIVE | $25,000 |
AMERICAN UNIVERSITY PURPOSE: RESTRICTED TO THE SPA STUDENT EMERGENCY FUND | $10,000 |
AMERICAN FRIENDS OF THE ISRAEL MUSEUM PURPOSE: UNRESTRICTED | $10,000 |