The Karen & Todd Blue Family Foundation
The Karen & Todd Blue Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 7 grants totaling $129K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8K
-84.4% YoY
Annual Giving
$129K
-32.6% YoY
Grant Count
7
-41.7% YoY
Avg Grant Size
$18K
+15.5% YoY
Under IRS private-foundation payout rules, The Karen & Todd Blue Family Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About The Karen & Todd Blue Family Foundation
Based on IRS filings
The Karen & Todd Blue Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 7 grants totaling $129K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,116 | $52,116 | $19,916 |
| Revenue | $85,000 | $236,697 | — |
| Expenses | $129,000 | $192,800 | $166,790 |
| Qualifying Distributions | $129,000 | $191,500 | $164,250 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,536 | $1,245 | $4,337 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Federation of Greater Houston ($25,000), Prager University Foundation ($23,500), The Shul of Bellaire ($23,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE SHUL OF BELLAIRE BELLAIRE, TX | CHARITABLE | $23,000 |
| JEWISH FEDERATION OF GREATER HOUSTON HOUSTON, TX | CHARITABLE | $25,000 |
| CHABAD OF FLAGSTAFF FLAGSTAFF, AZ | CHARITABLE | $18,000 |
| CHABAD OF MALIBU MALIBU, CA | CHARITABLE | $18,000 |
| NORTON HEALTHCARE FOUNDATION LOUISVILLE, KY | CHARITABLE | $1,500 |
| PRAGER UNIVERSITY FOUNDATION LOS ANGELES, CA | CHARITABLE | $23,500 |
| THE STORY CHURCH HOUSTON, TX | CHARITABLE | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GRACE J BLUE | DIRECTOR | 1 | — |
| TODD L BLUE | DIRECTOR/REGISTERED AGENT | 5 | — |
| KAREN BLUE | DIRECTOR | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Karen & Todd Blue Family Foundation?
The Karen & Todd Blue Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $8K in total assets as of 2024.
How large is The Karen & Todd Blue Family Foundation?
As of 2024, The Karen & Todd Blue Family Foundation holds $8K in total assets with $85K in annual revenue. It awarded 7 grants totaling $129K in 2024.
Where does The Karen & Todd Blue Family Foundation operate?
The Karen & Todd Blue Family Foundation has awarded grants in Arizona, California, District of Columbia, Florida, Hawaii, Kentucky, Maryland, Missouri, Nebraska, Oregon, Pennsylvania, Texas.
What size grants does The Karen & Todd Blue Family Foundation award?
In 2024, The Karen & Todd Blue Family Foundation awarded 7 grants totaling $129K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Karen & Todd Blue Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Karen & Todd Blue Family Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Karen & Todd Blue Family Foundation's EIN?
The Karen & Todd Blue Family Foundation's EIN (Employer Identification Number) is 61-1378956. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in The Karen & Todd Blue Family 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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