Jacob Blumer Charitable Tr
- Assets
- $97.6k
- Revenue
- $25.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Hot Springs, AR
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-6408777
Organization Overview
Jacob Blumer Charitable Tr is located in Hot Springs, AR. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jacob Blumer Charitable Tr 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, Jacob Blumer Charitable Tr generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $6.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (39.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Jacob Blumer Charitable Tr has awarded 101 individual grants totaling $134,355. 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 | $25,324 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $25,324 |
| 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 | $36 |
| Total operating and administrative expenses | $1,891 |
| Contributions, gifts, grants paid | $4,775 |
| Total expenses and disbursements | $6,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,588 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $97,588 |
| 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, Jacob Blumer Charitable Tr has awarded $4,775 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BIBLE SOCIETY PURPOSE: CHARITABLE | $250 |
ARKANSAS FOOD BANK PURPOSE: CHARITABLE | $700 |
BOYS TOWN PURPOSE: CHARITABLE | $250 |
LITTLE ROCK COMPARISON CENTER PURPOSE: CHARITABLE | $600 |
DELIVER HOPE MINISTRIES PURPOSE: CHARITABLE | $500 |
GARLAND COUNTY JAIL MINISTRIES PURPOSE: CHARTIBALE | $500 |