Blake Family Foundation Inc
- Assets
- $56.1m
- Revenue
- $7.1m
- Investments
- $55.8m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 12/2015
- Data as of
- 12/2022
- EIN
- 47-4945600
Organization Overview
Blake Family Foundation Inc is located in Atlanta, GA. The organization was established in 2015. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Blake Family 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, Blake Family Foundation Inc generated $7.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Blake Family Foundation Inc has awarded 102 individual grants totaling $14,291,300. 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 |
|---|---|---|---|
Francis S Blake President | 1 | $0 | |
Elizabeth Blake Treasurer | 1 | $0 | |
Francis S Blake President | 1 | $0 | |
Elizabeth Blake Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,044,445 |
| Interest on Savings | $98,100 |
| Dividends & Interest | $1,427,818 |
| Net Rental Income | $71,974 |
| Net Gain on Sale of Assets | $739,379 |
| Capital Gain Net Income | $739,379 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $672,522 |
| Total Revenue | $7,054,238 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $99,797 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,688 |
| Total operating and administrative expenses | $265,485 |
| Contributions, gifts, grants paid | $3,726,140 |
| Total expenses and disbursements | $3,991,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $306,231 |
| 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 | $5,117,861 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,560 |
| Total assets | $56,126,713 |
| 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, Blake Family Foundation Inc has awarded $7,452,280 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ENTERPRISE INSTITUTE PURPOSE: OPERATIONAL SUPPORT | $247,327 |
AMERICAN JEWISH COMMITTEE PURPOSE: OPERATIONAL SUPPORT | $53,312 |
ATLANTA COMMUNITY FOOD BANK PURPOSE: OPERATIONAL SUPPORT | $53,481 |
ATLANTA MISSION PURPOSE: OPERATIONAL SUPPORT | $81,033 |
ATLANTA POLICE FOUNDATION PURPOSE: OPERATIONAL SUPPORT | $51,136 |
AUDUBON SOCIETY PURPOSE: OPERATIONAL SUPPORT | $21,068 |