The Morton K And Jane Blaustein Foundation Inc
- Assets
- $0.0
- Revenue
- $7.5m
- Investments
- $53.4m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 06/1989
- Data as of
- 12/2021
- 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 12/2021, Morton K And Jane Blaustein Foundation Inc generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $4.4m during the year ending 12/2021. While expenses have increased by 3.6% 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 2016, Morton K And Jane Blaustein Foundation Inc has awarded 613 individual grants totaling $34,640,912. 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 |
|---|---|---|---|
Jeanne P Blaustein Trustee & President | 0 | $0 | |
Susan M Blaustein Trustee & Vice President | 0 | $0 | |
Alan Berlow Trustee & Vice President | 0 | $0 | |
Peter E Bokor Trustee & Vice President | 0 | $0 | |
Betsy Ringel Secretary | 7 | $44,213 | |
Scott L Soffen Assistant Secretary | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mercer | 12/30/22 | $77,282 |
Atapco Financial Services Inc | 12/30/22 | $72,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $125,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,037,143 |
| Profit on Inventory Sales | $0 |
| Other Income | -$226,147 |
| Total Revenue | $7,501,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $59,059 |
| Depreciation | $0 |
| Occupancy | $31,503 |
| Travel, conferences, and meetings | $200 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $662,845 |
| Contributions, gifts, grants paid | $3,786,600 |
| Total expenses and disbursements | $4,449,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $53,372,537 |
| Other assets | $155,210 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Morton K And Jane Blaustein Foundation Inc has awarded $5,656,029 in support to 86 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR JUSTICE PURPOSE: RENEWED GENERAL OPERATING SUPPORT FOR JUSTICE PROGRAMS AND AS AN ADVOCACY RESOURCE | $50,000 |
AMERICAN CIVIL LIBERTIES UNION FOUNDATION PURPOSE: RENEWED SUPPORT FOR THE VOTING RIGHTS PROJECT | $150,000 |
ADVOCATES FOR CHILDREN OF NEW YORK INC PURPOSE: RENEWED SUPPORT FOR THE SCHOOL JUSTICE PROJECT TO PROVIDE ADVOCACY AND REPRESENTATION FOR YOUTH FACING COURT INVOLVEMENT, SCHOOL SUSPENSION AND/OR EMOTIONAL CHALLENGES | $60,000 |
ACCELERATE CHANGE PURPOSE: GENERAL SUPPORT FOR VOTER ENGAGEMENT | $200,000 |
AMERICAN CIVIL LIBERTIES UNION FOUNDATION PURPOSE: RENEWED SUPPORT FOR THE IMMIGRANTS RIGHTS PROJECT | $75,000 |
ALIGN THE ALLIANCE FOR A GREATER NEW YORK PURPOSE: RENEWED GENERAL SUPPORT FOR ADVOCACY UNITING LABOR, COMMUNITY AND ENVIRONMENTAL ORGANIZATIONS | $60,000 |