Frank And Ruth Blair Foundation
- Assets
- $1.1m
- Revenue
- $150.9k
- Investments
- $795.2k
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 83-1854529
Organization Overview
Frank And Ruth Blair Foundation is located in Long Beach, CA. The organization was established in 2019. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Frank And Ruth Blair 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 12/2022, Frank And Ruth Blair Foundation generated $150.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $36.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Blair President | 1 | $0 | |
Peter L Blair Vice President | 1 | $0 | |
Robert Blair Secretary | 1 | $0 | |
Nancy Blair CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $135,000 |
| Interest on Savings | $458 |
| Dividends & Interest | $15,429 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $150,887 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $234 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,584 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $36,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $288,873 |
| 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 | $1,084,034 |
| 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, Frank And Ruth Blair Foundation has awarded $8,072 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ABILITY FIRST PURPOSE: TO HELP PROVIDE SERVICES AND SUPPORT FOR DISABLED YOUTH | $2,000 |
RISING TIDE PURPOSE: PROVIDE EDUCATION ASSISTANCE TO YOUNG PEOPLE TO GROW ACADEMICALLY, EMOTIONALLY, CREATIVELY & SOCIALLY. | $2,036 |
RISING TIDE PURPOSE: PROVIDE EDUCATION ASSISTANCE TO YOUNG PEOPLE TO GROW ACADEMICALLY, EMOTIONALLY, CREATIVELY & SOCIALLY. | $2,036 |
ABILITY FIRST PURPOSE: TO HELP PROVIDE SERVICES AND SUPPORT FOR DISABLED YOUTH | $2,000 |