A T & Mary H Blades Foundation Inc
- Assets
- $28.3m
- Revenue
- $697.0k
- Investments
- $24.3m
- Employees
- 0
- Location
- Preston, MD
- Founding
- 01/1963
- Data as of
- 06/2023
- EIN
- 52-0794020
Organization Overview
A T & Mary H Blades Foundation Inc is located in Preston, MD. The organization was established in 1963. 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. A T & Mary H Blades 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 06/2023, A T & Mary H Blades Foundation Inc generated $697.0k 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 (3.0%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, A T & Mary H Blades Foundation Inc has awarded 215 individual grants totaling $6,609,750. 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 |
|---|---|---|---|
David Harper Sr President | 2 | $0 | |
Brenda Harper Treasurer | 2 | $0 | |
David Harper Jr Secretary | 2 | $0 | |
Christy Harper Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $72,138 |
| Dividends & Interest | $589,917 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$17,271 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $52,180 |
| Total Revenue | $696,964 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $14 |
| Taxes | $1,053 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,304 |
| Total operating and administrative expenses | $188,076 |
| Contributions, gifts, grants paid | $1,826,000 |
| Total expenses and disbursements | $2,014,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,940,466 |
| 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 | $28,263,879 |
| 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, A T & Mary H Blades Foundation Inc has awarded $1,826,000 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
BAY HUNDRED COMMUNITY VOLUNTEERS INC PURPOSE: HOME REPAIRS IN TALBOT COUNTY | $10,000 |
AARONS PLACE PURPOSE: NEEDY FAMILIES IN CAROLINE COUNTY | $4,000 |
BOND SERVANTS INC PURPOSE: NEW LIVING WATERS MINISTRIES | $20,000 |
CARE & SHARE FUND PURPOSE: HELPING PEOPLE IN NEED | $10,000 |
CAROLINE COUNTY HISTORICAL SOCIETY PURPOSE: LINCHESTER MILL | $15,000 |
CASA OF CAROLINE INC PURPOSE: CHILD ADVOCATES | $20,000 |