Margaret M Bloomfield Family Foundation
- Assets
- $36.8m
- Revenue
- $1.3m
- Investments
- $36.6m
- Employees
- 0
- Location
- Manhattan Beach, CA
- Founding
- 04/2004
- Data as of
- 12/2022
- EIN
- 20-6156014
Organization Overview
Margaret M Bloomfield Family Foundation is located in Manhattan Beach, CA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Margaret M Bloomfield Family 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 12/2022, Margaret M Bloomfield Family Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $40.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Margaret M Bloomfield Family Foundation has awarded 411 individual grants totaling $27,278,973. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William E Bloomfield Jr Trustee | 1 | $0 | |
Joanne Hunter Thru 063022 Co-Trustee | 1 | $0 | |
Susan Bloomfield From 063022 Co-Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Canterbury | 12/30/22 | $103,418 |
Loeb & Loeb | 12/30/22 | $61,781 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,007,997 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $78,824 |
| Capital Gain Net Income | $75,273 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $216,111 |
| Total Revenue | $1,302,932 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,621 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,529 |
| Total operating and administrative expenses | $220,883 |
| Contributions, gifts, grants paid | $40,131,598 |
| Total expenses and disbursements | $40,352,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $165,876 |
| 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 | $23,214 |
| Total assets | $36,815,142 |
| 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, Margaret M Bloomfield Family Foundation has awarded $3,771,473 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE - BLOOMFIELD & HUNTER SCHOOLS PURPOSE: GENERAL SUPPORT | $20,000 |
ALLIANCE - GENERAL GIFT PURPOSE: GENERAL SUPPORT | $100,000 |
AGAPE HOUSE OF PRESCOTT INC PURPOSE: GENERAL SUPPORT | $10,000 |
ALLIANCE - MENTAL HEALTH FOR SCHOLARS PURPOSE: GENERAL SUPPORT | $50,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL SUPPORT | $10,000 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL SUPPORT | $10,000 |