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.
Bluestein Family Foundation Inc at a glance
In short: Bluestein Family Foundation Inc gave $126K across 8 grants in 2024 (avg $16K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $126,000
- -13.4% vs 2023
- Grants made (2024)
- 8
- -11.1% vs 2023
- Average grant
- $15,750
- -2.6% vs 2023
- Median grant
- $10,000
- Total assets
- $2,476,524
- +12.4% vs 2023
- Primary geography
- New York (80% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Bluestein Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Real News Project Inc ($35K). Together the top 8 received $126K.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 55 grants of 57 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Bluestein Family Foundation Inc gives
- Giving fell 45% from 2021 to 2024. Method
- In 2024 it paid out 131% 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 2020 to 2024, annual grant giving ranged from $126K (2024) to $248K (2020). In 2024 it made 8 grants totaling $126K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Real News Project Inc New York, NY | Charitable | $35,000 |
| World Music Productions Brooklyn, NY | Charitable | $35,000 |
| Music Master Collective Inc Big Indian, NY | Charitable | $25,000 |
| Batonga Foundation Washington, DC | Charitable | $10,000 |
| Solutions for Change Foundation Inc Washington, DC | Charitable | $10,000 |
| Earth Celebrations Inc New York, NY | Charitable | $5,000 |
| Have Faith Haiti Southfield, MI | Charitable | $5,000 |
| Social Venture Circle Kingston, NY | Charitable | $1,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,476,524 | $419,789 | $145,803 | $126,000 | 8 | $140,774 | $249,703 | $107,077 |
| 2023 | $2,202,538 | $-98,071 | $163,701 | $145,500 | 9 | $159,137 | $133,681 | $101,577 |
| 2022 | $2,464,310 | $-1,593,376 | $192,104 | $175,000 | 12 | $187,813 | $64,705 | $133,662 |
| 2021 | $4,053,513 | $-1,305,636 | $249,352 | $230,000 | 13 | $242,861 | $119,427 | $169,299 |
| 2020 | $5,591,078 | $-727,334 | $265,425 | $247,500 | 15 | — | $415,573 | $219,489 |
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.
Leadership & Key People
Officers and directors from IRS filings
Bluestein Family Foundation Inc is led by Joel Bluestein, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joel Bluestein
President
On filings since 2020
0.5 hrs/week
No compensation reported
Robert Wexler
Vice President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Bluestein Family Foundation Inc
How much does Bluestein Family Foundation Inc give each year?
Bluestein Family Foundation Inc gave $126K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $146K across 9 grants.
What is Bluestein Family Foundation Inc's typical grant size?
Bluestein Family Foundation Inc's median grant in 2024 was $10,000, and its average grant was $15,750, across 8 grants on its 2024 IRS Form 990-PF.
Where does Bluestein Family Foundation Inc give grants?
Bluestein Family Foundation Inc gives mostly in New York: 80% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (16%). The most frequent recipient cities were New York, NY (2 grants) and Washington, DC (2 grants).
Does Bluestein Family Foundation Inc give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Bluestein Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (8 grants).
Who are Bluestein Family Foundation Inc's largest grantees?
Bluestein Family Foundation Inc's largest 2024 grantees include Real News Project Inc ($35,000), World Music Productions ($35,000) and Music Master Collective Inc ($25,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.
How large is Bluestein Family Foundation Inc?
Bluestein Family Foundation Inc reported $2.5M in total assets on its 2024 IRS Form 990-PF. It paid out $141K in qualifying distributions that year, against a required minimum of $107K (roughly 5% of its investment assets).
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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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