Blueyes Foundation
- Assets
- $2.5m
- Revenue
- $146.6k
- Investments
- $2.4m
- Employees
- 0
- Location
- Hobe Sound, FL
- Founding
- 05/2001
- Data as of
- 06/2024
- EIN
- 22-3771326
Organization Overview
Blueyes Foundation is located in Hobe Sound, FL. The organization was established in 2001. 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. Blueyes 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 06/2024, Blueyes Foundation generated $146.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $178.8k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Blueyes Foundation has awarded 192 individual grants totaling $1,247,074. 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 |
|---|---|---|---|
David Townsend Trustee | 0 | $0 | |
Karen Townsend Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27,633 |
| Dividends & Interest | $48,800 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,270 |
| Capital Gain Net Income | $70,270 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$147 |
| Other Income | $0 |
| Total Revenue | $146,556 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,895 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,736 |
| Contributions, gifts, grants paid | $157,031 |
| Total expenses and disbursements | $178,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,321 |
| Savings and temporary cash investments | $32,769 |
| 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 | $0 |
| Total assets | $2,458,299 |
| 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, Blueyes Foundation has awarded $157,031 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA'S FUND SEMPER FI FUND PURPOSE: GENERAL UNRESTRICTED USE | $5,000 |
BOYS & GIRLS CLUB OF MARTIN COUNTY PURPOSE: GENERAL UNRESTRICTED USE | $56,000 |
BRINTON ASSOCIATION OF AMERICA PURPOSE: GENERAL UNRESTRICTED USE | $500 |
CARING CHILDREN CLOTHING PURPOSE: GENERAL UNRESTRICTED USE | $100 |
HISTORY SOCIETY OF MARTIN COUNTYELLIOTT MUSEUM PURPOSE: GENERAL UNRESTRICTED USE | $200 |
HOUSE OF HOPE PURPOSE: GENERAL UNRESTRICTED USE | $29,500 |