The Morton K And Jane Blaustein Foundation Inc
- Assets
- $51.7m
- Revenue
- $1.3m
- Investments
- $48.1m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 06/1989
- Data as of
- 12/2020
- EIN
- 52-1607300
Organization Overview
The Morton K And Jane Blaustein Foundation Inc is located in Baltimore, MD. The organization was established in 1989. 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. Morton K And Jane Blaustein 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 12/2020, Morton K And Jane Blaustein Foundation Inc generated $1.3m 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 (12.3%) each year. All expenses for the organization totaled $7.0m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Morton K And Jane Blaustein Foundation Inc has awarded 527 individual grants totaling $28,984,883. 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.
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 |
|---|---|---|---|
Tanya Herbick Prog. Officer | 40 | $136,321 | |
Betsy Ringel Secretary | 0 | $0 | |
Alan Berlow Trustee & Vice President | 0 | $0 | |
Susan Blaustein Trustee & Vice President | 0 | $0 | |
Jeanne P Blaustein Trustee & President | 0 | $0 | |
Peter Bokor Trustee & Vice President | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mercer | 12/30/21 | $108,603 |
Atapco Financial Services Inc | 12/30/21 | $70,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $125,000 |
| Interest on Savings | $24 |
| Dividends & Interest | $932,325 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,723,250 |
| Capital Gain Net Income | $1,723,250 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,517,840 |
| Total Revenue | $1,262,759 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $202,005 |
| Pension plans, employee benefits | $56,742 |
| Interest | $0 |
| Taxes | $58,522 |
| Depreciation | $0 |
| Occupancy | $30,299 |
| Travel, conferences, and meetings | $1,487 |
| Printing and publications | $0 |
| Other expenses | $8,403 |
| Total operating and administrative expenses | $564,643 |
| Contributions, gifts, grants paid | $6,454,049 |
| Total expenses and disbursements | $7,018,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,667,989 |
| 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 | $48,061,986 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $18 |
| Total assets | $51,729,993 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $92,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,727 |
| Total liabilities | $97,227 |
Grants Awarded
Over the last fiscal year, The Morton K And Jane Blaustein Foundation Inc has awarded $6,157,100 in support to 96 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: SUPPORT FOR TWO CONSECUTIVE COHORTS OF THREE JANE BLAUSTEIN JUSTICE FELLOWS | $285,000 |
New York, NY PURPOSE: SUPPORT FOR TWO CONSECUTIVE COHORTS OF THREE JANE BLAUSTEIN JUSTICE FELLOWS | $285,000 |
New York, NY PURPOSE: SUPPORT FOR TWO CONSECUTIVE COHORTS OF THREE JANE BLAUSTEIN JUSTICE FELLOWS | $270,000 |
New York, NY PURPOSE: SUPPORT FOR TWO CONSECUTIVE COHORTS OF THREE JANE BLAUSTEIN JUSTICE FELLOWS | $270,000 |
THE JOHNS HOPKINS UNIVERSITY PURPOSE: CAPITAL SUPPORT FOR BUILDING EXPANSION AT THE SCHOOL OF NURSING | $200,000 |
New York, NY PURPOSE: RENEWED SUPPORT FOR THE VOTING RIGHTS PROJECT | $150,000 |
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 |