The Cedarcrest Charitable Foundation Aka
The Cedarcrest Charitable Foundation, also known as BLBB Charitable, is a private grantmaking foundation based in Wilmington, Delaware. Established in December 2012, the foundation operates as a 501(c)(3) charitable organization with a focus on making strategic investments in nonprofit organizations that demonstrate creative approaches and sound strategies for creating measurable outcomes in their communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.8M
+7.1% YoY
Annual Giving
$1.6M
-9.5% YoY
Grant Count
207
-3.7% YoY
Avg Grant Size
$8K
-6.0% YoY
Mission & Focus Areas
The foundation's mission is to support initiatives that help people discover their true and full potential through education and leadership opportunities. The foundation makes more than donations—it makes investments in nonprofit organizations whose creative approach and sound strategies yield meaningful and measurable outcomes for the people they serve.
Primary Focus Areas:
- Education and Leadership Impact Grants with particular emphasis on:
- Youth Development
- Academic Enrichment and Character & Leadership Development (K-12th Grade)
- Private Schools (with focus on K-8th Grade schools)
- College Access & Scholarships
The foundation considers requests for operating support, capacity building, and project support within these focus areas.
Grantmaking
The foundation actively awards grants across multiple funding opportunity levels:
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Geographic Focus
Where this funder awards grants
The foundation funds projects across numerous U.S. cities and states, including:
California, Colorado, Delaware, Kansas, Massachusetts, Maryland, Minnesota, North Carolina, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Texas, and Virginia.
Primary grantmaking focuses on Pennsylvania, New York, and Massachusetts.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: approximately $40.0 million
- Total Investments: $38.8 million
- Annual Revenue: approximately $3.2 million
- Annual Expenses: approximately $2.3 million
As of most recent filing (2024):
- Total Assets: $42,810,860
- Total Giving: $1,568,403
The foundation operates with zero employees, relying on its board of directors for governance and leadership.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,810,860 | $39,983,091 | $38,981,993 |
| Revenue | $4,988,049 | $3,195,438 | $1,526,241 |
| Expenses | $2,269,614 | $2,303,738 | $2,650,173 |
| Qualifying Distributions | $1,914,252 | $2,055,826 | $2,361,728 |
| Net Investment Income | $4,753,620 | $2,990,069 | $1,284,693 |
| Distributable Amount | $2,299,349 | $2,119,402 | $2,221,650 |
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
250 grants across all recorded years
Open Grants
2 open opportunities from The Cedarcrest Charitable Foundation Aka
Education & Leadership Impact Grants - Greater than $15,000 or over Multiple Years
THE CEDARCREST CHARITABLE FOUNDATION AKA
Amount
Varies
Deadline
Rolling / Open
Education & Leadership Impact Grants - Less than $15,000
THE CEDARCREST CHARITABLE FOUNDATION AKA
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a board of directors who serve without compensation:
- Laura W Brewer
- Diana Loukedis Doherty
- Clifford Haugen
- W Dean Karrash
- John T Lawton
- Nicole Tell (Executive Director)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Laura W Brewer | Dir, VP | 1 | — |
| Diana Loukedis Doherty | Dir | 1 | — |
| Clifford Haugen | Dir, Pres | 1 | — |
| W Dean Karrash | Dir, Sec, VP | 1 | — |
| John T Lawton | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Cedarcrest Charitable Foundation Aka on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities