Blue Dolphin Foundation
Blue Dolphin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Marlboro, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $212K in total assets. In 2025, it awarded 24 grants totaling $275K. Net investment income was $217K.
Key facts about Blue Dolphin Foundation
In short: Blue Dolphin Foundation gave $275K across 24 grants in 2025 (avg $11K), mostly in New Jersey. 50% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 06-1512625
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $275,127
- Grants made (2025)
- 24
- Average grant
- $11,464
- Median grant
- $345
- New grantees (estimate)
- 50% first-time grantees (12 of 24, 2025)
- Total assets
- $212,162
- Primary geography
- New Jersey (98% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$212K
+25.4% YoY
Annual Giving
$275K
+1753.3% YoY
Grant Count
24
+41.2% YoY
Avg Grant Size
$11K
+1212.8% YoY
Is Blue Dolphin Foundation open to new grantees?
50%
first-time grantees, 2025
In 2025, 12 of 24 grantees (50%) were first-time recipients. First grants averaged $21K; repeat grants $2K. How we count
Medians: $436 first-time, $284 repeat.
- 46% of 2025 grantees were also funded in 2024. Method
- Giving grew 1559% from 2022 to 2025. Method
- In 2022 it paid out 151% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 24 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
86 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chabad of Monroe Monroe, NJ | donaation | $250,000 |
| Marlboro Jewish Center Marlboro, NJ | donation | $13,297 |
| Joan Dancy and Pals Red Bank, NJ | donation | $1,800 |
| BBYO Washington DC, DC | donation | $1,800 |
| The Reich Acadamy Marlboro, NJ | donation | $1,800 |
| Jewish Family and Children Services Asbury Park, NJ | donation | $1,800 |
| West Side Synagague New York, NY | donation | $720 |
| PEF Isreal Endowment Fund New York, NY | donation | $500 |
| Jewish National Fund Rockville Center, NY | donation | $500 |
| Friends of Isreal Defense Fund New York, NY | donation | $500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $212,162 | $169,170 | $217,989 |
| Revenue | $300,271 | $-45,631 | $49,372 |
| Expenses | $275,127 | $14,845 | $26,423 |
| Qualifying Distributions | $275,127 | $14,845 | $26,423 |
| Net Investment Income | $217,223 | $909 | $49,372 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 28, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 19, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 13, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Blue Dolphin Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Allen Grafstein
Trustee
On filings since 2020
1 hr/week
No compensation reported
Mindy Grafstein
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Blue Dolphin Foundation
How much does Blue Dolphin Foundation give each year?
Blue Dolphin Foundation gave $275K across 24 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 17 grants.
What is Blue Dolphin Foundation's typical grant size?
Blue Dolphin Foundation's median grant in 2025 was $345, and its average grant was $11,464, across 24 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Blue Dolphin Foundation that year got $21K on average.
Where does Blue Dolphin Foundation give grants?
Blue Dolphin Foundation gives mostly in New Jersey: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (5 grants), St Louis, MO (3 grants), Marlboro, NJ (2 grants) and Pasadena, CA (2 grants).
Does Blue Dolphin Foundation give general operating support?
Not in 2025: none of the 24 grants with a stated purpose on Blue Dolphin Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "donation" (23 grants).
Who are Blue Dolphin Foundation's largest grantees?
Blue Dolphin Foundation's largest 2025 grantees include Chabad of Monroe ($250,000), Marlboro Jewish Center ($13,297) and Joan Dancy and Pals ($1,800), according to its 2025 IRS Form 990-PF. Together they received 96% of its itemized 2025 grant dollars.
How large is Blue Dolphin Foundation?
Blue Dolphin Foundation reported $212K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $300K.
What is Blue Dolphin Foundation?
Blue Dolphin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Marlboro, NJ. It holds $212K in total assets as of 2025.
What is Blue Dolphin Foundation's EIN?
Blue Dolphin Foundation's EIN (Employer Identification Number) is 06-1512625. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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