Blue Sky Family Foundation
- Assets
- $4.3m
- Revenue
- $298.5k
- Investments
- $4.3m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 11/2005
- Data as of
- 06/2023
- EIN
- 30-0285433
Organization Overview
Blue Sky Family Foundation is located in Pittsburgh, PA. The organization was established in 2005. 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. Blue Sky 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 06/2023, Blue Sky Family Foundation generated $298.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $263.9k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Blue Sky Family Foundation has awarded 59 individual grants totaling $780,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,253 |
| Interest on Savings | $0 |
| Dividends & Interest | $119,613 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $170,616 |
| Capital Gain Net Income | $170,616 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $298,482 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,289 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $286 |
| Total operating and administrative expenses | $26,395 |
| Contributions, gifts, grants paid | $237,500 |
| Total expenses and disbursements | $263,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $66,245 |
| 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 | $4,265,720 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,331,965 |
| 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, Blue Sky Family Foundation has awarded $237,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
PHILADELPHIA MUSEUM OF ART PURPOSE: GENERAL OPERATING | $25,000 |
PAOLI MEMORIAL HOSPITAL FOUNDATION PURPOSE: GENERAL OPERATING | $25,000 |
COMMUNITY COALITION PURPOSE: GENERAL OPERATING | $20,000 |
ANSELMA MILL PURPOSE: GENERAL OPERATING | $7,500 |
YELLOW SPRINGS PURPOSE: GENERAL OPERATING | $7,500 |
CHESTER COUNTY FOOD BANK PURPOSE: GENERAL OPERATING | $20,000 |