Blumenthal Foundation For Charity Religion Education & Better Inter- is located in Charlotte, NC. The organization was established in 1956. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Blumenthal Foundation For Charity Religion Education & Better Inter- 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, Blumenthal Foundation For Charity Religion Education & Better Inter- generated $670.7k 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 (3.8%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Blumenthal Foundation For Charity Religion Education & Better Inter- has awarded 156 individual grants totaling $1,990,018. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Philip Blumenthal Trustee-Part Time | 20 | $88,269 | |
Alan Blumenthal Trustee-Part Time | 0 | $0 | |
Samuel Blumenthal Trustee-Part Time | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $175 |
Dividends & Interest | $376,026 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $275,206 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $19,245 |
Total Revenue | $670,652 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $88,269 |
Other employee salaries and wages | $117,612 |
Pension plans, employee benefits | $9,274 |
Interest | $0 |
Taxes | $9,962 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $258,413 |
Total operating and administrative expenses | $564,574 |
Contributions, gifts, grants paid | $1,280,267 |
Total expenses and disbursements | $1,844,841 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $183,687 |
Savings and temporary cash investments | $0 |
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 | $71,572 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $23,001,531 |
Accounts payable and accrued expenses | $24,077 |
Grants payable | $440,351 |
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 | $464,428 |
Over the last fiscal year, Blumenthal Foundation For Charity Religion Education & Better Inter- has awarded $1,052,018 in support to 96 organizations.
Grant Recipient | Amount |
---|---|
WILDACRES LEADERSHIP INITIATIVE PURPOSE: A GRANT FOR GENERAL OPERATING SUPPORT. | $50,000 |
WILDACRES RETREAT PURPOSE: GENERAL OPERATING SUPPORT. | $50,000 |
WILDACRES LEADERSHIP INITIATIVE PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
WILDACRES RETREAT PURPOSE: DONATION FOR GENERAL OPERATING SUPPORT | $50,000 |
WILDACRES RETREAT PURPOSE: FOR GENERAL OPERATING SUPPORT | $50,000 |
WILDACRES RETREAT PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
America First Inc Arlington, VA | $3,850,844 | $14,195,522 |
National Student Clearinghouse Research Center Herndon, VA | $3,158,535 | $8,719,036 |
American Bankruptcy Institute Alexandria, VA | $21,045,850 | $6,767,069 |
Blumenthal Foundation For Charity Religion Education & Better Inter- Charlotte, NC | $23,001,531 | $670,652 |
Cif Foundation Raleigh, NC | $1,312,868 | $2,652,169 |
Edtech Evidence Exchange Inc Arlington, VA | $487,028 | $236,335 |
Law And Justice Institute Virginia Beach, VA | $56,169 | $679,483 |
Charter Educational Services & Resources Inc Alpharetta, GA | $435,219 | $822,828 |
North Carolina Science Mathematics And Technology Education Center Research Triangle Park, NC | $166,934 | $630,072 |
Childrens Research & Education Institute Inc Charleston, SC | $8,303 | $620,928 |
Center For Race And Opportunity Morrisville, NC | $57,584 | $538,153 |
International Town & Gown Association Clemson, SC | $465,061 | $487,303 |