Bloom Foundation

POTOMAC, MD EIN: 20-7539169

Bloom Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POTOMAC, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 10 grants totaling $380K. Net investment income was $35K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-4.8% YoY

Annual Giving

$380K

+167.6% YoY

Grant Count

10

+25.0% YoY

Avg Grant Size

$38K

+114.1% YoY

About Bloom Foundation

Based on IRS filings

Bloom Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POTOMAC, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 10 grants totaling $380K. Net investment income was $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AshvilleBerkeleyBostonNew YorkRockvilleTakoma ParkVirginia BeachWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$114K$227K$341K$455K20202021202220232024
Metric202420232022
Total Assets$1,482,619$1,557,281$1,570,172
Revenue$335,016$160,634$300,746
Expenses$413,372$173,525$174,051
Qualifying Distributions$382,475$145,500$145,750
Net Investment Income$34,643$38,422$39,545
Distributable Amount$147,288$131,287$131,774

Giving Over Time

Total grant dollars and number of grants per year

$0$95K$190K$285K$380K7 grants20207 grants20218 grants20228 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DRS WITHOUT BORDERS$100KWORLD CENTRAL KITCHEN$100KBELOVED ASHEVILLE$50KINNOCENCE PROJECT$50KWHAT IF FOUNDATION$25KOPERATION SMILE$20KPARTNERS IN HEALTH$20KFAIRVOTE$10KWAMU$3KSTEPPING STONES SHELTER$2K

Grant Size Distribution

40 grants across all recorded years

34<$50K4$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KATHLEEN R PARSONSTRUSTEE2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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