Ebb Point Foundation- Blackrock

PENNINGTON, NJ EIN: 52-2207573

Ebb Point Foundation- Blackrock is a private grantmaking foundation established in 1999 in Maryland and currently based in Pennington, New Jersey. The foundation operates as a 501(c)(3) organization with tax-exempt status since August 2001. It is the family foundation of the Borsecnik-Weil family and maintains a connection to BlackRock.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.5M

+7.6% YoY

Revenue

$747K

-77.8% YoY

Qualifying Distributions

$23K

-92.5% YoY

Expenses

$89K

-74.8% YoY

Under IRS private-foundation payout rules, Ebb Point Foundation- Blackrock reported a distributable amount of $462K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Since 2000, the Ebb Point Foundation has supported projects and organizations that improve human rights around the world, with particular emphasis on civil and economic rights. The foundation primarily makes unrestricted general grants to its grantees.

Grantmaking

The foundation makes grants across a range of sizes. Recent grant activity shows awards including:

Grant Range

of $5,000 and a grant range of $1,000 to $68,000. The foundation does not accept unsolicited applications and operates on an invite-only basis.

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Geographic Focus

Where this funder awards grants

The foundation funds projects across various U.S. cities and states, including Beverly Hills, Bronx, Brooklyn, Cambridge, and locations in Alabama, California, Colorado, Connecticut, and other states.

Grant Distribution by State

District of Columbia $512K (25%)

Colorado $483K (23%)

New York $427K (21%)

Massachusetts $346K (17%)

California $207K (10%)

Connecticut $35K (2%)

Alabama $13K (1%)

Utah $12K (1%)

+10 more states

States

Alabama Arkansas Arizona California Colorado Connecticut District of Columbia Indiana Massachusetts Maryland Michigan Mississippi New York Rhode Island Texas Utah Washington Wisconsin

Cities

BethesdayBeverly HillsBostonBronxBrooklynCambridgeCentral IslipDallasDenverFairbanksFairfieldGreenwichHaywardIndianapolisJacksonLa MesaLos AngelesMontgomeryMountain VillageNew Hyde Park

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending June 2024:

Total Assets: $9,490,346
Total Revenues: $747,017
Total Expenses: $88,634
Total Liabilities: $0
Number of Employees: 0

Investment Performance (FY 2024 vs. FY 2023):

Investment income and dividends: $249,892 (2024) vs. $162,819 (2023) — 53.5% increase
Net gain from sale of non-inventory assets: $497,125 (2024) vs. $1,583,490 (2023) — 68.6% decrease
Total grants and contributions: $0 (2024) vs. $1,625,000 (2023) — 100% decrease

Historical Giving (2023):

Total Giving: $287,000
Number of Grants: 24
Giving Rate: 3.2% of assets

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,490,346	$8,816,638	$7,082,599
Revenue	$747,017	$3,371,309	$647,549
Expenses	$88,634	$351,295	$557,526
Qualifying Distributions	$23,329	$309,912	$494,497
Net Investment Income	$707,184	$1,710,455	$606,692
Distributable Amount	$461,577	$390,726	$433,523

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

126 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Leadership team and compensation from IRS filings

Katherine Borsecnik - President
Gene Weil (Eugene S. Weil) - Co Principal Officer/Director

Both serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KATHERINE BORSECNIK	DIRECTOR	10	—
EUGENE S WEIL	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Ebb Point Foundation- Blackrock fund?

How do I apply for a grant from Ebb Point Foundation- Blackrock?

The foundation makes grants across a range of sizes. Recent grant activity shows awards including: • Equal Justice Works: $68,000 (2023) • Brennan Center for Justice: $50,000 (2023) • Mountainfilm: $50,000 (2023) In 2023, the foundation made 24 grants with a median grant size of $5,000 and a grant range of $1,000 to $68,000. The foundation does not accept unsolicited applications and operates on an invite-only basis.

Where does Ebb Point Foundation- Blackrock make grants?

How much is Ebb Point Foundation- Blackrock required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ebb Point Foundation- Blackrock reported a distributable amount of $462K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ebb Point Foundation- Blackrock's EIN?

Ebb Point Foundation- Blackrock's EIN (Employer Identification Number) is 52-2207573. IRS Form 990 filing data is available on this page for 2020–2024.