The Herbert and Betty Bloom

BIRMINGHAM, MI EIN: 84-3673990

The Herbert and Betty Bloom is a private foundation, based in BIRMINGHAM, MI. IRS filing data is available for 2021. In 2021, it awarded 1 grants totaling $6K. Net investment income was $4K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$6K

Grant Count

Avg Grant Size

$6K

Under IRS private-foundation payout rules, The Herbert and Betty Bloom reported a distributable amount of $5K for 2021 — the minimum it must pay out in qualifying distributions.

About The Herbert and Betty Bloom

Based on IRS filings

The Herbert and Betty Bloom is a private foundation, based in BIRMINGHAM, MI. IRS filing data is available for 2021. In 2021, it awarded 1 grants totaling $6K. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $6K (100%)

States

Michigan

Cities

Bloomfield Hills

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021
Total Assets	—
Revenue	$10,083
Expenses	$7,335
Qualifying Distributions	$5,500
Net Investment Income	$4,350
Distributable Amount	$5,293

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Jewish Federation of Metropolitan ($5,500).

Recipient	Purpose	Amount
JEWISH FEDERATION OF METROPOLITAN BLOOMFIELD HILLS, MI	SUPPORT	$5,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
LINDA WEISSMAN	PRESIDENT	—	—
LINDA WEISSMAN	SECRETARY	—	—
LINDA WEISSMAN	TREASURER	—	—

Frequently Asked Questions

Where does The Herbert and Betty Bloom operate?

The Herbert and Betty Bloom has awarded grants in Michigan.

What size grants does The Herbert and Betty Bloom award?

In 2021, The Herbert and Betty Bloom awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is The Herbert and Betty Bloom required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, The Herbert and Betty Bloom reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.