Oe Blume Jr Foundation

WACO, TX EIN: 81-2850616

Oe Blume Jr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $422K in total assets. In 2024, it awarded 7 grants totaling $46K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$422K

-5.2% YoY

Annual Giving

$46K

+21.1% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$7K

+21.1% YoY

Under IRS private-foundation payout rules, Oe Blume Jr Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Oe Blume Jr Foundation

Based on IRS filings

Oe Blume Jr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $422K in total assets. In 2024, it awarded 7 grants totaling $46K. Net investment income was $27K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

MarlinWaco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$31K$47K$62K20202021202220232024
Metric202420232022
Total Assets$422,393$445,531$477,499
Revenue$30,240$13,065$42,914
Expenses$53,378$45,033$50,947
Qualifying Distributions$49,140$41,017$45,246
Net Investment Income$27,101$12,730$39,670
Distributable Amount$23,438$22,864$24,431

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$23K$35K$46K7 grants20207 grants20217 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

COMPASSION MINISTRIES OF…$10KCARITAS OF WACO$6KCENTRAL TEXAS SENIOR MIN…$6KFALLS COUNTY SAMARITAN H…$6KFRIENDS FOR LIFE$6KMISSION WACO MISSION WOR…$6KSALVATION ARMY$6K

Grant Size Distribution

35 grants across all recorded years

35<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Compassion Ministries of Waco Inc ($10,000), Caritas of Waco ($6,000), Central Texas Senior Ministry ($6,000).

RecipientPurposeAmount
CARITAS OF WACO WACO, TXTO PROVIDE FUNDS FOR CARITAS' MANY PROGRAMS (FOOD BANK, GIFT-IN-KIND PROGRAM, HOUSEHOLD ITEMS)$6,000
CENTRAL TEXAS SENIOR MINISTRY WACO, TXTO PROVIDE NEEDED MEALS TO SENIOR CITIZENS IN THE WACO AREA AND TO HELP FUND THE SENIOR CENTER PROGRAM.$6,000
COMPASSION MINISTRIES OF WACO INC WACO, TXTO HELP FUND EFFORTS TO PROVIDE PERMANENT HOUSING AND EMPLOYMENT TO HOMELESS INDIVIDUALS.$10,000
FALLS COUNTY SAMARITAN HOUSE MARLIN, TXTO HELP PROVIDE FOOD, CLOTHING, MOTEL ROOMS, ETC. FOR PEOPLE IN NEED OF THESE NECESSITIES.$6,000
FRIENDS FOR LIFE WACO, TXTO FINANCE HELPING THE ELDERLY AND DISABLED ACHIEVE INDEPENDENT LIVING.$6,000
MISSION WACO MISSION WORLD INC WACO, TXTO HELP FINANCE MISSION WACO'S OUTREACH INTO THE COMMUNITY THROUGH ITS MANY PROGRAMS (FAMILY AND ADULT, YOUTH AND CHILDREN MINISTRIES)$6,000
SALVATION ARMY WACO, TXTO FUND SALVATION ARMY'S MANY PROGRAMS IN WACO (FOOD PANTRY, CLOTHING STORES, ETC)$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

COMMUNITY BANK TRUSTTRUSTEE$5K

From 2024 filing

NameTitleHoursCompensation
COMMUNITY BANK TRUSTTRUSTEE1$5,279

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Oe Blume Jr Foundation?

Oe Blume Jr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WACO, TX. It holds $422K in total assets as of 2024.

How large is Oe Blume Jr Foundation?

As of 2024, Oe Blume Jr Foundation holds $422K in total assets with $30K in annual revenue. It awarded 7 grants totaling $46K in 2024.

Where does Oe Blume Jr Foundation operate?

Oe Blume Jr Foundation has awarded grants in Texas.

What size grants does Oe Blume Jr Foundation award?

In 2024, Oe Blume Jr Foundation awarded 7 grants totaling $46K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Oe Blume Jr Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Oe Blume Jr Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Oe Blume Jr Foundation's EIN?

Oe Blume Jr Foundation's EIN (Employer Identification Number) is 81-2850616. 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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