A T & Mary H Blades Foundation Inc
- Assets
- $26.7m
- Revenue
- $1.3m
- Investments
- $24.4m
- Employees
- 0
- Location
- Preston, MD
- Founding
- 01/1963
- Data as of
- 06/2022
- 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 06/2022, A T & Mary H Blades Foundation Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. 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 167 individual grants totaling $4,783,750. 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 Jr Secretary | 2 | $0 | |
Brenda Harper Treasurer | 2 | $0 | |
Christy Harper Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34,540 |
| Dividends & Interest | $872,858 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $305,534 |
| Capital Gain Net Income | $305,534 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $60,378 |
| Total Revenue | $1,273,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $115 |
| Taxes | $91,476 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56,220 |
| Total operating and administrative expenses | $364,790 |
| Contributions, gifts, grants paid | $1,683,000 |
| Total expenses and disbursements | $2,047,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,268,429 |
| 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 | $26,674,604 |
| 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 $1,683,000 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
CHESAPEAKE COLLEGE PURPOSE: $30,000 GENERAL SCHOLARSHIPS \ $35,000 TUITION ASSISTANCE NURSING PROGRAM \ $30,000 TUITION ASSISTANCE TRADE SCHOOL \ $30,000 TUITION ASSISTANCE ATHLETIC SCHOLARSHIPS \ $150,000 AMP PROGRAM LEAD | $275,000 |
SALISBURY UNIVERSITY OUTDOOR EDUCATION LEADERSHIP PURPOSE: EQUIPMENT FOR OUTDOOR EDUCATION CENTER | $150,000 |
CRU PURPOSE: ANTHONY AND AMYLIN BANI - SUPPORT FOR PROGRAMS $39,000ERIC AND MASON HEISTAND - SUPPORT FOR PROGRAMS $29,000TIM AND TRACY - SUPPORT FOR PROGRAMS $29,000EASTERN SHORE \ HILO ACCOUNT $10,000 | $107,000 |
Easton, MD PURPOSE: $35,000 PRIMARY PROJECT \ $15,000 RESIDENTIAL PROGRAMS \ $15,000 MENTAL HEALTH PROGRAMS \ REST PROPERTY UPGRADE | $95,000 |
Houston, TX PURPOSE: PERU MISSIONARIES | $65,000 |
PECOMETH CAMP & RETREAT CENTER PURPOSE: $20,000 CAMPER SCHOLARSHIPS \ $20,000 CAMPER SCHOLARSHIP FOR SUPER NEEDY \ $20,000 UNRESTRICTED | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Posner Foundation Of Pittsburgh Pittsburgh, PA | $0 | $20,216,193 |