Blue Dolphin Foundation

Foundation · Grantmaker Marlboro, NJ EIN: 06-1512625

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

10states

Share of all 24 itemized 2025 grant dollars.

Cities

St LouisMarlboroCoral GablesNew YorkAsbury ParkManalapanRed BankChicagoColts NeckMcCleanNYSea BrightWashington DCMorganvillePasadenaToms RiverBooneCherry hillFreeholdGreenwich

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants20200 grants202127 grants202218 grants202317 grants202424 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Chabad of Monroe: $250KChabad of Monroe$250KMarlboro Jewish Center: $13KMarlboro Jewish Center$13KJoan Dancy and Pals: $2KJoan Dancy and Pals$2KBbyo: $2KBbyo$2KThe Reich Acadamy: $2KThe Reich Acadamy$2KJewish Family and Children Services: $2KJewish Family and ChildrenServices$2KWest Side Synagague: $720West Side Synagague$720PEF Isreal Endowment Fund: $500PEF Isreal Endowment Fund$500Jewish National Fund: $500Jewish National Fund$500Friends of Isreal Defense Fund: $500Friends of Isreal Defense Fund$500

Grant Size Distribution

86 grants across all recorded years

85<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Chabad of Monroe Monroe, NJdonaation$250,000
Marlboro Jewish Center Marlboro, NJdonation$13,297
Joan Dancy and Pals Red Bank, NJdonation$1,800
BBYO Washington DC, DCdonation$1,800
The Reich Acadamy Marlboro, NJdonation$1,800
Jewish Family and Children Services Asbury Park, NJdonation$1,800
West Side Synagague New York, NYdonation$720
PEF Isreal Endowment Fund New York, NYdonation$500
Jewish National Fund Rockville Center, NYdonation$500
Friends of Isreal Defense Fund New York, NYdonation$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K202020212022202320242025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS January 28, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 2, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 27, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 19, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 13, 2026)
  7. 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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