The Bloom Foundation Inc
The Bloom Foundation Inc is a private foundation based in Morristown, New Jersey. Its 2024 filing reports grants to charitable organizations, with the largest shares of grant dollars going to recipients in Florida and Pennsylvania.
The Bloom Foundation Inc at a glance
In short: The Bloom Foundation Inc gave $517K across 15 grants in 2024 (avg $34K), mostly in Florida. 21% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $517,000
- +11.9% vs 2023
- Grants made (2024)
- 15
- +25.0% vs 2023
- Average grant
- $34,467
- -10.5% vs 2023
- Median grant
- $10,000
- Total assets
- $9,845,302
- +12.9% vs 2023
- New grantees (estimate)
- 21% first-time grantees (3 of 14, 2024; small sample)
- Primary geography
- Florida (73% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Bloom Foundation Inc
- Accepts unsolicited proposals
- No
- Contact
Mailing address: 360 Mt Kemble Ave Co Bloom Office, Morristown, NJ 07960
Phone: (973) 682-2698
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Bloom Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Mount Sinai Medical Center Foundation ($250K). Together the top 10 received $500K.
Grant Size Distribution
73 grants across all recorded years
The most common grant size was under $50K: 63 grants of 73 (86%).
Geographic Focus
Where this funder awards grants
In 2024, 73% of grant dollars went to recipients in Florida and 25% to recipients in Pennsylvania. Maine and New York each received 1%. These figures describe the locations of recipients, not necessarily where grant-funded work took place.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Is The Bloom Foundation Inc open to new grantees?
21%
first-time grantees, 2024
In 2024, 3 of 14 grantees (21%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $6K; repeat grants $45K. How we count
Medians: $5K first-time, $25K repeat.
- 79% of 2024 grantees were also funded in 2023. Method
- Giving grew 31% from 2021 to 2024. Method
- In 2024 it paid out 113% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $390K (2020) to $517K (2024). In 2024 it made 15 grants totaling $517K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Sinai Medical Center Foundation Miami Beach, FL | Unrestricted | $250,000 |
| Bucknell University Lewisburg, PA | Bucknell Farm Project | $50,000 |
| Chop Foundation Philadelphia, PA | Hope for Families Fund | $50,000 |
| Do the Right Thing Miami, FL | Unrestricted | $40,000 |
| Community-Police Relations Foundation North Miami, FL | Unrestricted | $25,000 |
| Miami Beach Police Athletic League Miami Beach, FL | Unrestricted | $25,000 |
| Police Officers Assistance Fund Miami, FL | Unrestricted | $25,000 |
| Families Behind the Badge Children's Foundation Conshohocken, PA | Unrestricted | $10,000 |
| Miami Beach K9 Knights Inc Miami Beach, FL | Unrestricted | $10,000 |
| The Haverford School Haverford, PA | Unrestricted | $10,000 |
Ready to take the next step with The Bloom Foundation Inc?
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 | $9,845,302 | $1,785,683 | $658,103 | $517,000 | 15 | $571,061 | $833,551 | $504,737 |
| 2023 | $8,717,722 | $1,541,340 | $615,432 | $462,000 | 12 | $516,120 | $718,844 | $457,880 |
| 2022 | $7,791,814 | $1,187,151 | $616,827 | $417,500 | 16 | $470,000 | $435,285 | $443,227 |
| 2021 | $7,173,476 | $1,283,228 | $601,648 | $395,000 | 15 | $440,000 | $613,715 | $419,660 |
| 2020 | $6,491,896 | $734,531 | $526,003 | $389,500 | 15 | — | $212,613 | $348,492 |
Under IRS private-foundation payout rules, The Bloom Foundation Inc reported a distributable amount of $505K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available filing information does not state the foundation’s mission. Its 2024 grants included support for a medical center foundation, educational institutions, and organizations connected to youth, law enforcement, first responders, and veterans.
Among its grantees, Mount Sinai Medical Center Foundation says it raises funds for a nonprofit acute-care teaching and research facility providing health care, teaching, research, and charity care. Miami Beach Police Athletic League says it fosters positive relationships between youth and law enforcement. Community-Police Relations Foundation describes its work as building bridges between communities, law enforcement, and first responders. Travis Mills Foundation says it supports veterans and their families through long-term programs.
Grantmaking
In 2024, the foundation reported 15 grants totaling $517,000. Grants ranged from $3,000 to $250,000, with a median grant of $10,000.
The largest reported grants included $250,000 to Mount Sinai Medical Center Foundation for unrestricted purposes; $50,000 each to Bucknell University for the Bucknell Farm Project and CHOP Foundation for the Hope for Families Fund; and $40,000 to Do the Right Thing for unrestricted purposes. Other reported grants included $25,000 each to Community-Police Relations Foundation, Miami Beach Police Athletic League, and Police Officers Assistance Fund; and $10,000 each to Families Behind the Badge Children’s Foundation, Miami Beach K9 Knights Inc, and The Haverford School.
The foundation states on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists David Bloom, Kate Bloom, Sara Bloom, and Paul Sczepanski as directors.
The Bloom Foundation Inc's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
David Bloom
Director
On filings since 2020
No compensation reported
Kate Bloom
Director
On filings since 2020
No compensation reported
Paul Sczepanski
Director
On filings since 2020
No compensation reported
Sara Bloom
Director
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 The Bloom Foundation Inc
How much does The Bloom Foundation Inc give each year?
The Bloom Foundation Inc gave $517K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $462K across 12 grants.
What is The Bloom Foundation Inc's typical grant size?
The Bloom Foundation Inc's median grant in 2024 was $10,000, and its average grant was $34,467, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Bloom Foundation Inc that year got $6K on average.
Where does The Bloom Foundation Inc give grants?
The Bloom Foundation Inc gives mostly in Florida: 73% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (25%). The most frequent recipient cities were Miami Beach, FL (3 grants), Miami, FL (3 grants) and Lewisburg, PA (2 grants).
Does The Bloom Foundation Inc give general operating support?
Yes: 67% of The Bloom Foundation Inc's 2024 grants with a stated purpose (10 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Bloom Foundation Inc's largest grantees?
The Bloom Foundation Inc's largest 2024 grantees include Mount Sinai Medical Center Foundation ($250,000), Bucknell University ($55,000 across 2 grants) and Chop Foundation ($50,000), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.
How large is The Bloom Foundation Inc?
The Bloom Foundation Inc reported $9.8M in total assets on its 2024 IRS Form 990-PF. It paid out $571K in qualifying distributions that year, against a required minimum of $505K (roughly 5% of its investment assets).
What does The Bloom Foundation Inc fund?
The available filing information does not state the foundation’s mission. Its 2024 grants included support for a medical center foundation, educational institutions, and organizations connected to youth, law enforcement, first responders, and veterans. See mission & focus areas ↑
How do I apply for a grant from The Bloom Foundation Inc?
The Bloom Foundation Inc does not accept unsolicited proposals, according to Grantable's research on its published guidelines.
What is The Bloom Foundation Inc's EIN?
The Bloom Foundation Inc's EIN (Employer Identification Number) is 82-5342697. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Bloom Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
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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Cite this profile
Grantable. (2026). The Bloom Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-bloom-foundation-inc-morg_07c5aeb24fc748838518944fdbc25107
BibTeX
@misc{grantable_825342697_2026,
author = {{Grantable}},
title = {{The Bloom Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-bloom-foundation-inc-morg_07c5aeb24fc748838518944fdbc25107},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Bloom Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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