The Arthur M Blank Family Foundation
- Assets
- $351.0m
- Revenue
- $105.3m
- Investments
- $53.7m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 38-3983213
Organization Overview
The Arthur M Blank Family Foundation is located in Atlanta, GA. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Arthur M Blank 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 12/2022, Arthur M Blank Family Foundation generated $105.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $85.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Arthur M Blank Family Foundation has awarded 1,448 individual grants totaling $628,061,734. 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
SEE GENERAL EXPLANATION ATTACHMENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur M Blank Director, Chairman | 1 | $0 | |
Dena Kimball Director | 1 | $0 | |
Josh Kimball Director | 1 | $0 | |
Kenny Blank Director | 1 | $0 | |
Nancy Blank Director | 1 | $0 | |
Sylia Obagi VP Finance | 40 | $252,350 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Open Impact Llc | 12/30/22 | $181,664 |
The Eplan Group | 12/30/22 | $135,495 |
Bbmg Holdings Llc | 12/30/22 | $258,205 |
Cyber Grants Llc | 12/30/22 | $141,940 |
Russell Reynolds Associates Inc | 12/30/22 | $124,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,270,913 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,299,387 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,769,121 |
| Capital Gain Net Income | $3,772,493 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$7,246 |
| Total Revenue | $105,332,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,120,267 |
| Other employee salaries and wages | $3,354,608 |
| Pension plans, employee benefits | $823,391 |
| Interest | $0 |
| Taxes | $115,946 |
| Depreciation | $2,668 |
| Occupancy | $23,738 |
| Travel, conferences, and meetings | $472,941 |
| Printing and publications | $0 |
| Other expenses | $1,946,378 |
| Total operating and administrative expenses | $9,959,248 |
| Contributions, gifts, grants paid | $75,276,264 |
| Total expenses and disbursements | $85,235,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,805,856 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $289,888,685 |
| 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 | $3,153,314 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,612,423 |
| Total assets | $350,993,140 |
| Accounts payable and accrued expenses | $1,058,431 |
| Grants payable | $298,808,016 |
| 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 | $299,866,447 |
Grants Awarded
Over the last fiscal year, The Arthur M Blank Family Foundation has awarded $161,615,725 in support to 515 organizations.
| Grant Recipient | Amount |
|---|---|
4 RANGES COMMUNITY RECREATION FOUNDATION PURPOSE: THE 4 RANGES WELLNESS CENTER CAPITAL CAMPAIGN | $250,000 |
A SANCTUARY FOR MILITARY FAMILIES INC PURPOSE: HEALING GEORGIA VETERANS THROUGH POSTTRAUMATIC GRO | $55,000 |
ACLU FOUNDATION OF GEORGIA INC PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
ADAPTIVE PERFORMANCE CENTER PURPOSE: CAPACITY BUILDING FOR NEW APC LOCATION IN HELENA, | $100,000 |
ALABAMA HIGH SCHOOL ATHLETIC ASSOCIATION PURPOSE: GIRLS FLAG FOOTBALL PROGRAMMING FOR ALABAMA HIGH S | $75,000 |
ALABAMA NW FLORIDA GOLF FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |