Blue Foundation Inc
Blue Foundation Inc is a private foundation focused on Education, based in Muskegon, MI. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $91K in total assets. In 2025, it awarded 2 grants totaling $6K. Net investment income was $3K.
Blue Foundation Inc at a glance
In short: Blue Foundation Inc gave $6K across 2 grants in 2025 (avg $3K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $6,000
- +0.0% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $3,000
- -50.0% vs 2024
- Median grant
- $3,000
- Total assets
- $91,311
- +3.1% vs 2024
- Primary geography
- Michigan (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Blue Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Blue Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 135% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $6K (2022) to $6K (2025). In 2025 it made 2 grants totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2 individual scholarships Recipients not named | — | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $91,311 | $9,320 | $6,197 | $6,000 | 2 | $6,081 | $3,186 | $4,504 |
| 2024 | $88,587 | $7,420 | $6,011 | $6,000 | 1 | $6,011 | $3,809 | — |
| 2023 | $101,563 | $8,757 | $6,011 | $6,000 | 2 | $6,000 | $2,557 | — |
| 2022 | $92,817 | $11,209 | $6,020 | $6,000 | 2 | $6,000 | $3,209 | — |
Under IRS private-foundation payout rules, Blue Foundation Inc reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Blue Foundation Inc is led by Matt Nolan, President on every filing since 2024; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Matt Nolan
President
On filings since 2024
1 hr/week
No compensation reported
Daniel P Nolan
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Nancy J Moody
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Matthew J. Nolan (2022–2023) — Director
Data from IRS Form 990 filings, 2022–2025. "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 Foundation Inc
How much does Blue Foundation Inc give each year?
Blue Foundation Inc gave $6K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 1 grant.
How large is Blue Foundation Inc?
Blue Foundation Inc reported $91K in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What is Blue Foundation Inc?
Blue Foundation Inc is a private foundation focused on Education, based in Muskegon, MI. It holds $91K in total assets as of 2025.
Where does Blue Foundation Inc operate?
Blue Foundation Inc has awarded grants in Michigan.
What is Blue Foundation Inc's EIN?
Blue Foundation Inc's EIN (Employer Identification Number) is 26-2931135. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 23, 2026)
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Blue Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Blue Foundation Inc's focus areas in our free grants database
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