The Bloom Foundation Inc
The Bloom Foundation Inc is a private foundation focused on Public Safety, Disaster Preparedness & Relief, based in MORRISTOWN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 15 grants totaling $517K. Net investment income was $834K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.8M
+12.9% YoY
Annual Giving
$517K
+11.9% YoY
Grant Count
15
+25.0% YoY
Avg Grant Size
$34K
-10.5% YoY
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.
About The Bloom Foundation Inc
Based on IRS filings
The Bloom Foundation Inc is a private foundation focused on Public Safety, Disaster Preparedness & Relief, based in MORRISTOWN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 15 grants totaling $517K. Net investment income was $834K.
Focus Areas
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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 | $9,845,302 | $8,717,722 | $7,791,814 |
| Revenue | $1,785,683 | $1,541,340 | $1,187,151 |
| Expenses | $658,103 | $615,432 | $616,827 |
| Qualifying Distributions | $571,061 | $516,120 | $470,000 |
| Net Investment Income | $833,551 | $718,844 | $435,285 |
| Distributable Amount | $504,737 | $457,880 | $443,227 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mount Sinai Medical Center Foundation ($250,000), Bucknell University ($50,000), Chop Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BUCKNELL UNIVERSITY LEWISBURG, PA | FREEMAN COLLEGE OF MANAGEMENT | $5,000 |
| BUCKNELL UNIVERSITY LEWISBURG, PA | BUCKNELL FARM PROJECT | $50,000 |
| CHOP FOUNDATION PHILADELPHIA, PA | HOPE FOR FAMILIES FUND | $50,000 |
| COMMUNITY-POLICE RELATIONS FOUNDATION NORTH MIAMI, FL | UNRESTRICTED | $25,000 |
| DO THE RIGHT THING MIAMI, FL | UNRESTRICTED | $40,000 |
| FAMILIES BEHIND THE BADGE CHILDREN'S FOUNDATION CONSHOHOCKEN, PA | UNRESTRICTED | $10,000 |
| MIAMI BEACH K9 KNIGHTS INC MIAMI BEACH, FL | UNRESTRICTED | $10,000 |
| MIAMI BEACH POLICE ATHLETIC LEAGUE MIAMI BEACH, FL | UNRESTRICTED | $25,000 |
| MOUNT SINAI MEDICAL CENTER FOUNDATION MIAMI BEACH, FL | UNRESTRICTED | $250,000 |
| POLICE OFFICERS ASSISTANCE FUND MIAMI, FL | UNRESTRICTED | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID BLOOM | DIRECTOR | — | — |
| KATE BLOOM | DIRECTOR | — | — |
| SARA BLOOM | DIRECTOR | — | — |
| PAUL SCZEPANSKI | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Bloom Foundation Inc?
The Bloom Foundation Inc is a private foundation focused on Public Safety, Disaster Preparedness & Relief, based in MORRISTOWN, NJ. It holds $9.8M in total assets as of 2024.
How large is The Bloom Foundation Inc?
As of 2024, The Bloom Foundation Inc holds $9.8M in total assets with $1.8M in annual revenue. It awarded 15 grants totaling $517K in 2024.
Where does The Bloom Foundation Inc operate?
The Bloom Foundation Inc has awarded grants in California, Connecticut, Florida, Georgia, Maine, New York, Pennsylvania, Texas.
What size grants does The Bloom Foundation Inc award?
In 2024, The Bloom Foundation Inc awarded 15 grants totaling $517K — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is The Bloom Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bloom Foundation Inc reported a distributable amount of $505K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Bloom Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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