The Blue Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.7M in total assets. In 2024, it awarded 5 grants totaling $551K. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.7M
+4.7% YoY
Annual Giving
$551K
+5.0% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$110K
+25.9% YoY
Under IRS private-foundation payout rules, The Blue Foundation reported a distributable amount of $622K for 2024 — the minimum it must pay out in qualifying distributions.
About The Blue Foundation
Based on IRS filings
The Blue Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.7M in total assets. In 2024, it awarded 5 grants totaling $551K. Net investment income was $1.2M.
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 | $10,740,989 | $10,260,523 | $10,442,856 |
| Revenue | $1,228,424 | $553,177 | $1,026,082 |
| Expenses | $743,232 | $736,332 | $752,477 |
| Qualifying Distributions | $674,365 | $663,122 | $660,721 |
| Net Investment Income | $1,151,384 | $488,411 | $958,206 |
| Distributable Amount | $622,259 | $582,434 | $598,081 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wildlife Conservation Network Inc ($430,000), Wild Earth Allies ($50,000), Wildlife Guardians ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WILD EARTH ALLIES CHEVY CHASE, MD | UNRESTRICTED GENERAL | $50,000 |
| ENVIRONMENTAL EDUCATION & CONSERVATION COUDERSPORT, PA | UNRESTRICTED GENERAL | $6,000 |
| WILDLIFE CONSERVATION NETWORK INC SAN FRANCISCO, CA | UNRESTRICTED GENERAL | $430,000 |
| WILDLIFE GUARDIANS ALEXANDRIA, VA | UNRESTRICTED GENERAL | $50,000 |
| KUOW-PUGET SOUND PUBLIC RADIO SEATTLE, WA | UNRESTRICTED GENERAL | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MOLLY KNOX CO BANA | PRESIDENT, TREASURER | — | — |
| JILLIAN M KNOX CO BANA | VICE PRESIDENT | 3 | — |
| PARKER MACCREADY CO BANA | VICE PRES, SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Blue Foundation?
The Blue Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $10.7M in total assets as of 2024.
How large is The Blue Foundation?
As of 2024, The Blue Foundation holds $10.7M in total assets with $1.2M in annual revenue. It awarded 5 grants totaling $551K in 2024.
Where does The Blue Foundation operate?
The Blue Foundation has awarded grants in California, District of Columbia, Maryland, Michigan, Pennsylvania, Virginia, Washington.
What size grants does The Blue Foundation award?
In 2024, The Blue Foundation awarded 5 grants totaling $551K — an average of about $110K per grant, based on its IRS Form 990 filings.
How much is The Blue Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Blue Foundation reported a distributable amount of $622K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Blue Foundation's EIN?
The Blue Foundation's EIN (Employer Identification Number) is 27-1579792. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Blue Foundation'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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