The Victor L Blood And Maudaline L Blood Charitable Foundation Inc
- Assets
- $765.5k
- Revenue
- $15.6k
- Investments
- $608.5k
- Employees
- 0
- Location
- Leroy, NY
- Founding
- 05/1990
- Data as of
- 06/2023
- EIN
- 22-3040005
Organization Overview
The Victor L Blood And Maudaline L Blood Charitable Foundation Inc is located in Leroy, NY. The organization was established in 1990. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victor L Blood And Maudaline L Blood Charitable 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 06/2023, Victor L Blood And Maudaline L Blood Charitable Foundation Inc generated $15.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $69.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Victor L Blood And Maudaline L Blood Charitable Foundation Inc has awarded 113 individual grants totaling $368,614. 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 Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR ADULT DAYCARE TO THE LEROY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DISBURSE AN ANNUAL GRANT TO SUPPORT ADULT DAYCARE FOR GENESEE COUNTY CITIZENS TO VARIOUS RECIPIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dane Sprague President | 5 | $0 | |
Mary Margaret Ripley Board Member | 1 | $0 | |
Jeffrey Smith Treasurer | 5 | $0 | |
Gerry Fernaays Secretary | 1 | $0 | |
David Metzler Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,950 |
| Dividends & Interest | $20,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,852 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,585 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $450 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $73 |
| Other expenses | $1,102 |
| Total operating and administrative expenses | $10,401 |
| Contributions, gifts, grants paid | $59,000 |
| Total expenses and disbursements | $69,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,520 |
| Savings and temporary cash investments | $13,972 |
| 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 | $124,689 |
| 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 | $8,831 |
| Total assets | $765,492 |
| 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, The Victor L Blood And Maudaline L Blood Charitable Foundation Inc has awarded $59,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
FAITH COMMUNITY CHURCH PURPOSE: STORAGE SHED | $4,000 |
AMERICAN LEGION PURPOSE: ROOF AND FOUNDATION REPAIR | $4,000 |
HOPE CENTER OF LEROY PURPOSE: VARIOUS CHARITABLE ACTIVITIES | $4,000 |
LEROY AMBULANCE SERVICE PURPOSE: NEW AMBULANCE FUND | $5,000 |
LEROY BAPTIST CHURCH PURPOSE: SCHOOL SUPPLIES | $4,000 |
LEROY CHRISTIAN COMMUNITY PROJECT PURPOSE: BACKPACK FOOD PROGRAM | $4,500 |