David S Blount Educational Foundation
- Assets
- $2.6m
- Revenue
- $175.1k
- Investments
- $2.5m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 12/1976
- Data as of
- 03/2022
- EIN
- 54-6111717
Organization Overview
David S Blount Educational Foundation is located in Orlando, FL. The organization was established in 1976. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David S Blount Educational Foundation 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 03/2022, David S Blount Educational Foundation generated $175.1k 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 (6.5%) each year. All expenses for the organization totaled $185.7k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, David S Blount Educational Foundation has awarded 36 individual grants totaling $367,061. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,337 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $116,743 |
| Capital Gain Net Income | $116,743 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $175,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,517 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,177 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,996 |
| Total operating and administrative expenses | $59,190 |
| Contributions, gifts, grants paid | $126,559 |
| Total expenses and disbursements | $185,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126 |
| Savings and temporary cash investments | $96,579 |
| 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 | $1,558,359 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,577,406 |
| 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, David S Blount Educational Foundation has awarded $126,559 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AYOMIPO E ADEYEMO PURPOSE: SCHOLARSHIP | $22,082 |
JONATHAN M RITCHIE PURPOSE: SCHOLARSHIP | $21,654 |
SAMANTHA J KLUG PURPOSE: SCHOLARSHIP | $18,627 |
YIZHOU SUN PURPOSE: SCHOLARSHIP | $12,169 |
ZOMARIE N TALLEY PURPOSE: SCHOLARSHIP | $6,628 |
KELLY E GUITERREZ MURRILLO PURPOSE: SCHOLARSHIP | $5,875 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
University Of South Florida Foundation Inc Tampa, FL | $929,677,670 | $144,887,499 |
Auburn University Foundation Auburn, AL | $857,894,187 | $96,896,842 |
Florida State University Foundation Inc Tallahassee, FL | $730,089,060 | $57,370,131 |
Spelman College Special Ventures Fund Inc Atlanta, GA | $236,389,415 | $26,274,154 |
Seminole Boosters Inc Tallahassee, FL | $240,991,921 | $48,392,781 |
University Of Florida Research Foundation Inc Gainesville, FL | $131,218,099 | $46,757,527 |
University Of Central Florida Foundation Inc Orlando, FL | $396,904,531 | $45,984,866 |
Florida International University Foundation Inc Miami, FL | $475,743,772 | $154,605,877 |
Shorter University Inc Rome, GA | $57,209,537 | $39,807,545 |
Kennesaw State University Foundation Inc Kennesaw, GA | $537,455,993 | $85,548,111 |
University Of South Alabama Foundation Mobile, AL | $392,021,424 | $13,140,864 |