Victor E & Rosa M Blum Foundation Inc
- Assets
- $3.7m
- Revenue
- $442.8k
- Investments
- $3.7m
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 47-0811590
Organization Overview
Victor E & Rosa M Blum Foundation Inc is located in Lincoln, NE. The organization was established in 1998. 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. Victor E & Rosa M Blum 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 12/2021, Victor E & Rosa M Blum Foundation Inc generated $442.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $301.3k during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Victor E & Rosa M Blum Foundation Inc has awarded 64 individual grants totaling $1,716,331. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR BUILDING, EQUIPMENT AND ACTIVITIES FOR RELIGIOUS AND EDUCATIONAL PURPOSES IN YORK COUNTY, NE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Schmeichel Director | 0 | $0 | |
John Hahn Director | 0 | $0 | |
Steven Schmeichel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,090 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $368,735 |
| Capital Gain Net Income | $368,735 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $442,825 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,262 |
| Contributions, gifts, grants paid | $299,000 |
| Total expenses and disbursements | $301,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,544 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $3,666,974 |
| 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, Victor E & Rosa M Blum Foundation Inc has awarded $299,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
YORK PUBLIC SCHOOLS PURPOSE: BAND UNIFORMS | $80,000 |
YORK PUBLIC SCHOOLS PURPOSE: GENERAL DONATION | $65,000 |
York, NE PURPOSE: GENERAL DONATION | $30,000 |
York, NE PURPOSE: GENERAL DONATION | $30,000 |
YORK PARKS & RECREATION PURPOSE: GENERAL DONATION | $25,000 |
KILGORE MEMORIAL LIBRARY PURPOSE: GENERAL DONATION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Esther And Harold Mertz Foundation Sioux Falls, SD | $674,132,608 | $21,835,940 |
Brent Eley Center Inc Aurora, CO | $0 | $0 |
Boettcher Foundation Denver, CO | $266,743,315 | $22,782,794 |
Larson Foundation Sioux Falls, SD | $23,259,212 | -$633,184 |
John T Vucurevich Foundation Rapid City, SD | $151,565,692 | $20,798,188 |
The Piton Foundation Denver, CO | $212,611,882 | $13,782,087 |
Ssb Charitable Foundation Colorado Springs, CO | $10,867,168 | $21,135,487 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |