Oe Blume Jr Foundation
- Assets
- $445.5k
- Revenue
- $13.1k
- Investments
- $403.8k
- Employees
- 0
- Location
- Waco, TX
- Founding
- 09/2016
- Data as of
- 12/2023
- EIN
- 81-2850616
Organization Overview
Oe Blume Jr Foundation is located in Waco, TX. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Oe Blume Jr 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, Oe Blume Jr Foundation generated $13.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $45.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Oe Blume Jr Foundation has awarded 49 individual grants totaling $290,000. 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 | $15,746 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,681 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,065 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,118 |
| 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 | $1,000 |
| Total operating and administrative expenses | $7,033 |
| Contributions, gifts, grants paid | $38,000 |
| Total expenses and disbursements | $45,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2 |
| Savings and temporary cash investments | $41,754 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $445,531 |
| 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, Oe Blume Jr Foundation has awarded $38,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CARITAS OF WACO PURPOSE: TO PROVIDE FUNDS FOR CARITAS' MANY PROGRAMS (FOOD BANK, GIFT-IN-KIND PROGRAM, HOUSEHOLD ITEMS) | $6,000 |
CENTRAL TEXAS SENIOR MINISTRY PURPOSE: TO PROVIDE NEEDED MEALS TO SENIOR CITIZENS IN THE WACO AREA AND TO HELP FUND THE SENIOR CENTER PROGRAM. | $6,000 |
COMPASSION MINISTRIES OF WACO INC PURPOSE: TO HELP FUND EFFORTS TO PROVIDE PERMANENT HOUSING AND EMPLOYMENT TO HOMELESS INDIVIDUALS. | $2,000 |
FRIENDS FOR LIFE PURPOSE: TO FINANCE HELPING THE ELDERLY AND DISABLED ACHIEVE INDEPENDENT LIVING. | $6,000 |
FALLS COUNTY SAMARITAN HOUSE PURPOSE: TO HELP PROVIDE FOOD, CLOTHING, MOTEL ROOMS, ETC. FOR PEOPLE IN NEED OF THESE NECESSITIES. | $6,000 |
MISSION WACO MISSION WORLD INC PURPOSE: TO HELP FINANCE MISSION WACO'S OUTREACH INTO THE COMMUNITY THROUGH ITS MANY PROGRAMS (FAMILY AND ADULT, YOUTH AND CHILDREN MINISTRIES) | $6,000 |