Blum Family Foundation
- Assets
- $514.1k
- Revenue
- $146.6k
- Investments
- $367.5k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 62-1871174
Organization Overview
Blum Family Foundation is located in Nashville, TN. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Blum Family 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 12/2021, Blum Family Foundation generated $146.6k 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 (19.4%) each year. All expenses for the organization totaled $312.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Blum Family Foundation has awarded 279 individual grants totaling $522,141. 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 |
|---|---|---|---|
Joan B Shayne Trustee | 0 | $0 | |
Jennifer L Blum Trustee | 0 | $0 | |
Lauren Blum Trustee | 0 | $0 | |
Emily Blum Haslett Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,936 |
| Interest on Savings | $8 |
| Dividends & Interest | $21,353 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $120,342 |
| Capital Gain Net Income | $120,342 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $146,639 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,707 |
| Contributions, gifts, grants paid | $277,233 |
| Total expenses and disbursements | $312,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,754 |
| Savings and temporary cash investments | $4,859 |
| 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 | $367,525 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $514,138 |
| 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, Blum Family Foundation has awarded $277,233 in support to 138 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $50,000 |
DOCTORS WITHOUT BORDERS PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $10,000 |
350ORG PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $10,000 |
PARDES INSTITUTE OF JEWISH STUDIES PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $10,000 |
TULANE UNIVERSITY PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $8,333 |
Nashville, TN PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Company Charitable Foundation Inc Atlanta, GA | $133,098,319 | $27,836,912 |
Burroughs Wellcome Fund Research Triangle Park, NC | $946,804,754 | $86,337,046 |
Dollywood Foundation Pigeon Forge, TN | $23,282,143 | $42,750,755 |
Blue Cross And Blue Shield Of North Carolina Foundation Durham, NC | $253,862,813 | $27,558,288 |
Alabama Power Foundation Inc Birmingham, AL | $164,336,755 | $18,795,477 |
Tennessee Health Foundation Inc Chattanooga, TN | $243,056,353 | $3,261,329 |
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Assisi Foundation Of Memphis Inc Memphis, TN | $238,137,134 | $32,851,811 |
Commonwealth Foundations Richmond, VA | $819,010 | $12,460,000 |
Blue Cross & Blue Shield Of Mississippi Foundation Flowood, MS | $119,611,651 | $5,854,084 |
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |