Bluestein Family Foundation Inc
Bluestein Family Foundation Inc is a private foundation focused on Arts and culture, based in WESTWOOD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 8 grants totaling $126K. Net investment income was $250K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+12.4% YoY
Annual Giving
$126K
-13.4% YoY
Grant Count
8
-11.1% YoY
Avg Grant Size
$16K
-2.6% YoY
Under IRS private-foundation payout rules, Bluestein Family Foundation Inc reported a distributable amount of $107K for 2024 — the minimum it must pay out in qualifying distributions.
About Bluestein Family Foundation Inc
Based on IRS filings
Bluestein Family Foundation Inc is a private foundation focused on Arts and culture, based in WESTWOOD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 8 grants totaling $126K. Net investment income was $250K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,476,524 | $2,202,538 | $2,464,310 |
| Revenue | $419,789 | $-98,071 | $-1,593,376 |
| Expenses | $145,803 | $163,701 | $192,104 |
| Qualifying Distributions | $140,774 | $159,137 | $187,813 |
| Net Investment Income | $249,703 | $133,681 | $64,705 |
| Distributable Amount | $107,077 | $101,577 | $133,662 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Real News Project Inc ($35,000), World Music Productions ($35,000), Music Master Collective Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BATONGA FOUNDATION WASHINGTON, DC | CHARITABLE | $10,000 |
| EARTH CELEBRATIONS INC NEW YORK, NY | CHARITABLE | $5,000 |
| MUSIC MASTER COLLECTIVE INC BIG INDIAN, NY | CHARITABLE | $25,000 |
| REAL NEWS PROJECT INC NEW YORK, NY | CHARITABLE | $35,000 |
| SOLUTIONS FOR CHANGE FOUNDATION INC WASHINGTON, DC | CHARITABLE | $10,000 |
| WORLD MUSIC PRODUCTIONS BROOKLYN, NY | CHARITABLE | $35,000 |
| HAVE FAITH HAITI SOUTHFIELD, MI | CHARITABLE | $5,000 |
| SOCIAL VENTURE CIRCLE KINGSTON, NY | CHARITABLE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL BLUESTEIN | PRESIDENT | 0.5 | — |
| ROBERT WEXLER | VICE PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bluestein Family Foundation Inc?
Bluestein Family Foundation Inc is a private foundation focused on Arts and culture, based in WESTWOOD, NJ. It holds $2.5M in total assets as of 2024.
How large is Bluestein Family Foundation Inc?
As of 2024, Bluestein Family Foundation Inc holds $2.5M in total assets with $420K in annual revenue. It awarded 8 grants totaling $126K in 2024.
Where does Bluestein Family Foundation Inc operate?
Bluestein Family Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Illinois, Massachusetts, Maryland, Michigan, New York.
What size grants does Bluestein Family Foundation Inc award?
In 2024, Bluestein Family Foundation Inc awarded 8 grants totaling $126K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Bluestein Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bluestein Family Foundation Inc reported a distributable amount of $107K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bluestein Family Foundation Inc's EIN?
Bluestein Family Foundation Inc's EIN (Employer Identification Number) is 22-2236786. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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