Blackmon Family Foundation
- Assets
- $514.1k
- Revenue
- $43.6k
- Investments
- $482.0k
- Employees
- 0
- Location
- Mountain Brook, AL
- Founding
- 10/1998
- Data as of
- 12/2021
- EIN
- 63-1201181
The information for Blackmon Family Foundation is as of the organization's most recent filing in December '21. This organization is located in Mountain Brook, AL. It has been in existence for 23 years, following its founding in 1998.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Blackmon Family Foundation is a philanthropic organization classified under the NTEE code T20, which indicates that it falls under the category of Philanthropy, Voluntarism & Grantmaking Foundations. Specifically, it is classified as a Private Grantmaking Foundation. As a Private Grantmaking Foundation, the Blackmon Family Foundation is a nongovernmental, nonprofit organization that manages funds and programs through its own trustees or directors. Its main purpose is to support social, educational, religious, and other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the Blackmon Family Foundation is classified under section 3 of the Internal Revenue Code, which encompasses organizations engaged in religious, educational, charitable, scientific, literary, public safety, amateur sports, or prevention of cruelty to children or animals work.
Grant History
Our dataset includes six years of grant history for the Blackmon Family Foundation. Over this time period, they have awarded a total of 69 grants, with an average check size of $2,954. On average, the foundation awards 12 grants each year. The grants are distributed across various sectors, with 11 grants awarded in the Food, Agriculture & Nutrition sector, 5 grants in the Arts, Culture & Humanities sector, and 4 grants in the Health Care sector. In terms of geographic distribution, the foundation has awarded the majority of grants in Alabama (62), followed by Tennessee (2), North Carolina (2), and California (1), Kansas (1), and Florida (1).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick M Blackmon President | 0 | $0 | |
Elizabeth B Lueck Director | 1 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,000 |
| Interest on Savings | $3 |
| Dividends & Interest | $19,281 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,334 |
| Capital Gain Net Income | $16,334 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,618 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,989 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,322 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,233 |
| Total operating and administrative expenses | $22,773 |
| Contributions, gifts, grants paid | $26,838 |
| Total expenses and disbursements | $49,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,171 |
| 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 | $232,367 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $514,136 |
| 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 | $2,709 |
| Total liabilities | $2,709 |
Grants Awarded
Over the last fiscal year, Blackmon Family Foundation has awarded $26,838 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST CHURCH UNITED METHODIST PURPOSE: TO PROMOTE CHARITABLE CAUSE | $15,000 |
Montgomery, AL PURPOSE: TO PROMOTE CHARITABLE CAUSE | $3,238 |
Montgomery, AL PURPOSE: TO PROMOTE CHARITABLE CAUSE | $3,000 |
Montgomery, AL PURPOSE: TO PROMOTE CHARITABLE CAUSE | $2,500 |
Birmingham, AL PURPOSE: TO PROMOTE CHARITABLE CAUSE | $1,000 |
CHILDREN'S OF ALABAMA PURPOSE: TO PROMOTE CHARITABLE CAUSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Ds Foundation Miami, FL | $183,651,055 | $1,385,395 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |
Altec-Styslinger Foundation Inc Birmingham, AL | $128,305,509 | $25,360,360 |
Elizabeth Morse Genius Foundation Winter Park, FL | $145,557,522 | $11,233,005 |
Daniel Foundation Of Alabama Birmingham, AL | $125,925,900 | $11,135,386 |
Lyndhurst Foundation Inc Chattanooga, TN | $133,731,560 | $17,356,041 |