Robert Lee Blaffer Foundation Inc
- Assets
- $6.3m
- Revenue
- $386.7k
- Investments
- $5.0m
- Employees
- 0
- Location
- New Harmony, IN
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 35-2129847
Organization Overview
Robert Lee Blaffer Foundation Inc is located in New Harmony, IN. The organization was established in 2002. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Robert Lee Blaffer 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, Robert Lee Blaffer Foundation Inc generated $386.7k 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 (15.9%) each year. All expenses for the organization totaled $539.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Robert Lee Blaffer Foundation Inc has awarded 50 individual grants totaling $214,200. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SUPPORT SEMINARS AND EDUCATIONAL PROGRAMS FOR THE COMMUNITY BY MAKING OUR PROPERTIES AVAILABLE FOR USE AND BY ASSISTING ORGANIZATIONS THAT CONDUCT SUCH ACTIVITIES.
THE FOLLOWING PROPERTIES WERE MAINTAINED AND IMPROVED:THE FOLLOWING PROPERTIES WERE MAINTAINED AND IMPROVED: THE ROOFLESS CHURCH THE ROOFLESS CHURCH WAS DESIGNED BY PHILLIP JOHNSON OF NEW YORK CITY. IT WON THE FIRST HONOR AWARD OF THE AMERICAN INSTITUTE OF ARCHITECTS IN 1961. MANY WEDDINGS ARE PERFORMED IN THE CHURCH WITH MINISTERS OF DIFFERENT DENOMINATIONS PRESIDING OVER EACH. GATE HOUSE THE FIRST HOUSE BUILT BY THE HARMONISTS IN 1814. IT WAS PURCHASED BY THE ROBERT LEE BLAFFER FOUNDATION. IT WAS MOVED FROM IT'S LOCATION ON MAIN STREET. IT HAS BEEN RESTORED WITH THE ORIGINAL LOGS AND PRESERVED. IT HOUSES ARTISTS IN RESIDENCE THROUGHOUT THE YEAR. MOTHER SUPERIOR THE MOTHER SUPERIOR HOUSE AND KITCHEN ANNEX ARE LOCATED AT THE CORNER OF MAIN AND GRANARY. THE MOTHER SUPERIOR IS USED AS LODGING FOR VISITING GUESTS OF THE FOUNDATION. THE POET HOUSE THE POET HOUSE IS LOCATED AT THE CORNER OF WEST AND GRANARY. THE POET HOUSE IS USED AS LODGING FOR VISITING GUESTS OF THE FOUNDATION. IT PERIODI
THE TOWN OF NEW HARMONY WAS FOUNDED IN 1814 AS A UTOPIAN SOCIETY. IT HAS A LONG HISTORY OF CULTURAL AND INTELLECTUAL DEVELOPMENT AND ACTIVITY WHICH CONTINUES INTO THE PRESENT DAY. IT IS RECOGNIZED WORLD WIDE FOR IT'S UNIQUE HISTORIC HERITAGE AND IT'S MELDING OF THIS LEGACY WITH A UNIQUE ATMOSPHERE WHICH PROMOTES AND ENCOURAGES CURRENT INNOVATION AND DEVELOPMENT IN NUMEROUS AREAS OF HUMAN ENDEAVOR. THE ROBERT LEE BLAFFER FOUNDATION PRIMARY MISSION IS TO PRESERVE, PROMOTE AND SUPPORT, FINANCIALLY AND OTHERWISE, THE VARIOUS HISTORICAL AND EDUCATIONAL ATTRIBUTES OF THE TOWN OF NEW HARMONY. TO THAT END THE FOUNDATION INVITES OTHER ORGANIZATIONS TO PRESENT SEMINARS, CONCERTS AND OTHER CULTURAL AND EDUCATIONAL ACTIVITIES WHICH ARE HELD IN THE COMMUNITY. THESE ACTIVITIES ARE DIRECTLY RELATED TO THE CHARITABLE PURPOSE OF THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abigail Owen-Pontez Director | 0 | $0 | |
John W Streetman III Director | 0 | $0 | |
Kent Parker Chairman | 0 | $0 | |
Sherrianne Standley Director | 0 | $0 | |
Kent Schuette Director | 0 | $0 | |
Anne D Owen Secretary | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kola Property Management Llc | 12/30/22 | $118,401 |
Jeffrey A Koester Construction Jeffrey A Koester Construction | 12/30/22 | $101,432 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,132 |
| Interest on Savings | $2,274 |
| Dividends & Interest | $328,577 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,656 |
| Capital Gain Net Income | $48,656 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $80 |
| Total Revenue | $386,719 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,081 |
| Depreciation | $54,120 |
| Occupancy | $384,936 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,511 |
| Total operating and administrative expenses | $522,828 |
| Contributions, gifts, grants paid | $16,700 |
| Total expenses and disbursements | $539,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,363 |
| Savings and temporary cash investments | $0 |
| 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 | $997,908 |
| Other assets | $268,085 |
| Total assets | $6,300,323 |
| 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, Robert Lee Blaffer Foundation Inc has awarded $16,700 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
POSEY COUNTY SCHOOL DISTRICT PURPOSE: SCHOLARSHIP STUDENT CHOSEN BY SCHOOL | $1,000 |
THE NEW HARMONY PROJECT PURPOSE: CO-SPONSORSHIP OF SEMINAR | $12,500 |
DULCIMER CHAUTAUQA WABASH PURPOSE: CO-SPONSORSHIP OF CONFERENCE | $2,200 |
USI FOUNDATION PURPOSE: CONTRIBUTIONS | $1,000 |