Blum Family Foundation
- Assets
- $512.9k
- Revenue
- $213.1k
- Investments
- $287.3k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 02/2002
- Data as of
- 12/2023
- 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 12/2023, Blum Family Foundation generated $213.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $203.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Blum Family Foundation has awarded 490 individual grants totaling $974,041. 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 Chairman/trustee | 0 | $0 | |
Jennifer L Blum Trustee | 0 | $0 | |
Lauren Blum Secretary/trustee | 0 | $0 | |
Emily Blum Haslett Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,981 |
| Interest on Savings | $11,972 |
| Dividends & Interest | $25,886 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $169,232 |
| Capital Gain Net Income | $169,232 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $213,071 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25,976 |
| Contributions, gifts, grants paid | $177,350 |
| Total expenses and disbursements | $203,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,610 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $287,253 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $512,863 |
| 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 $177,350 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
350ORG PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $5,000 |
AKIVA SCHOOL PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $2,400 |
ACLU FOUNDATION OF TENNESSEE PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $3,500 |
AGE WELL MIDDLE TENNESSEE PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $2,750 |
ALIVE HOSPICE PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $1,000 |
ALPHA KAPPA ALPHA EDUCATIONAL ADVANCEMENT FOUNDATION PURPOSE: FOR ONE OR MORE EXEMPT PURPOSES DESCRIBED IN IRC SECTION 501(C)(3) | $1,000 |