Jacob And Hilda Blaustein Foundation Inc
- Assets
- $130.7m
- Revenue
- $27.8m
- Investments
- $126.4m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 05/1959
- Data as of
- 12/2021
- EIN
- 52-6038382
Organization Overview
Jacob And Hilda Blaustein Foundation Inc is located in Baltimore, MD. The organization was established in 1959. 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. Jacob And Hilda 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, Jacob And Hilda Blaustein Foundation Inc generated $27.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $9.8m during the year ending 12/2021. While expenses have increased by 0.8% 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, Jacob And Hilda Blaustein Foundation Inc has awarded 1,351 individual grants totaling $64,377,224. 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 |
|---|---|---|---|
Brenda Zlatin Program Officer | 40 | $127,742 | |
Betsy F Ringel Assistant Secretary | 0 | $0 | |
Michael J Hirschhorn President & Director | 30 | $95,265 | |
Lara Hall Program Officer | 15 | $57,358 | |
April Crowder Grant Administrator | 23 | $42,138 | |
Barbara S Roswell Vice President & Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mercer | 12/30/21 | $222,082 |
Atapco Financial Services Inc | 12/30/21 | $160,000 |
Rockefeller & Company (Via K-1) | 12/30/21 | $150,337 |
Spur Ventures (Via K-1) | 12/30/21 | $146,695 |
Wellington Wealth Management | 12/30/21 | $71,588 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,550,000 |
| Interest on Savings | $238 |
| Dividends & Interest | $2,453,449 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,097,990 |
| Capital Gain Net Income | $24,097,990 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,321,910 |
| Total Revenue | $27,779,767 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $143,839 |
| Other employee salaries and wages | $350,089 |
| Pension plans, employee benefits | $82,671 |
| Interest | $0 |
| Taxes | $343,140 |
| Depreciation | $0 |
| Occupancy | $71,283 |
| Travel, conferences, and meetings | $1,494 |
| Printing and publications | $0 |
| Other expenses | $65,317 |
| Total operating and administrative expenses | $1,582,631 |
| Contributions, gifts, grants paid | $8,249,776 |
| Total expenses and disbursements | $9,832,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,306,726 |
| 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 | $126,384,068 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $997,737 |
| Total assets | $130,688,531 |
| 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 | $4,590 |
| Total liabilities | $4,590 |
Grants Awarded
Over the last fiscal year, Jacob And Hilda Blaustein Foundation Inc has awarded $8,249,776 in support to 199 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: GENERAL SUPPORT FOR THE 2021 ANNUAL CAMPAIGN | $1,300,000 |
New York, NY PURPOSE: RENEWED SUPPORT FOR RESETTING THE TABLE, AN EFFORT TO PROMOTE NUANCED DIALOGUE IN THE JEWISH COMMUNITY ABOUT THE PALESTINIAN-ISRAELI CONFLICT | $150,000 |
New York, NY PURPOSE: SUPPORT FOR SIKKUY-AUFOQ TO IMPROVE ACCESS TO EARLY CHILDHOOD EDUCATION AND PUBLIC TRANSPORTATION IN UNRECOGNIZED AND NEWLY RECOGNIZED BEDOUIN VILLAGES IN THE NEGEV | $150,000 |
FRIENDS OF ISRAEL'S ENVIRONMENT PURPOSE: RENEWED SUPPORT FOR ADAM TEVA V'DIN FOR ENVIRONMENTAL LITIGATION AND ADVOCACY | $125,000 |
New York, NY PURPOSE: RENEWED SUPPORT FOR AJEEC-NISPED TO PROMOTE DEVELOPMENT IN THE BEDOUIN COMMUNITY AND POSITIVE INTERGROUP RELATIONS IN THE NEGEV | $125,000 |
New York, NY PURPOSE: RENEWED SUPPORT TO ENGAGE JEWS IN PROMOTING ECONOMIC OPPORTUNITY AND SOCIAL JUSTICE FOR ALL AMERICANS | $125,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jacob And Hilda Blaustein Foundation Inc has recieved totaling $13,033.
| Awarding Organization | Amount |
|---|---|
The Foundation Of The Oscar And Ella Wilf Campus For Senior Living Somerset, NJ PURPOSE: PURPOSE IS TO PROVIDE ENDOWMENT SUPPORT TO THE MARTIN & EDITH STEIN HOSPICE FOR ALTERNATIVE THERAPIES SUCH AS SINGING RABBI, HARP THERAPY, AROMATHERAPY, ETC. | $13,033 |
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 |