Blue Sky Foundation Inc
- Assets
- $625.2k
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- New Albany, IN
- Founding
- 11/2001
- Data as of
- 12/2023
- EIN
- 35-2153383
Organization Overview
Blue Sky Foundation Inc is located in New Albany, IN. 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. Blue Sky 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 12/2023, Blue Sky Foundation Inc generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Blue Sky Foundation Inc has awarded 193 individual grants totaling $47,326,002. 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 |
|---|---|---|---|
John B Shine President, Director | 2 | $0 | |
Jane Shine Director | 2 | $0 | |
Rudy Spencer Executive Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000,000 |
| Interest on Savings | $5,585 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,005,585 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,799 |
| Printing and publications | $0 |
| Other expenses | $73,137 |
| Total operating and administrative expenses | $82,936 |
| Contributions, gifts, grants paid | $4,505,582 |
| Total expenses and disbursements | $4,588,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $615,232 |
| Net Accounts receivable | $10,000 |
| 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 | $625,232 |
| 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 Foundation Inc has awarded $4,505,582 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
21ST CENTURY PARKS - PARK LANDS OF FLOYDS FORK PURPOSE: GENERAL FUNDS | $3,000 |
DONORS FORUM OF KENTUCKIANA PURPOSE: GENERAL FUNDS | $350 |
DISCOVERY INSTITUTE PURPOSE: GENERAL FUNDS | $10,000 |
FORGET ME NOT MINISTRIES PURPOSE: GENERAL FUNDS | $10,000 |
GIVE BUTTER LEADERSHIP PURPOSE: GENERAL FUNDS | $260 |
INDIANA UNIVERSITY SOUTHEAST PURPOSE: GENERAL FUNDS | $8,000 |