Walter & Adi Blum Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.7M
+1.2% YoY
Annual Giving
$513K
+7.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$513K
+7.3% YoY
Under IRS private-foundation payout rules, Walter & Adi Blum Foundation Inc reported a distributable amount of $683K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation remains deeply committed to the activities and causes supported by Adi and Walter Blum. The foundation's philosophy centers on caring for the community through unique and innovative grant-making that has had a sizable impact on the disadvantaged and underserved.
Primary funding categories include:
- Programs for adults and children with special needs
- Homeless, housing and food programs
- Health care issues
- Education
- Underserved communities
- The arts
- Preservation of Palm Beach
- Activities for young people
- Community sports programs
The foundation encourages thoughtful projects that address community needs and have clearly defined objectives with measurable impact.
Grantmaking
Grant Range
** Awards range from $500 to in excess of $50,000, with typical awards in the $10,000 to $25,000 range.
How to Apply
** A completed application submitted by the first Saturday of the month will be reviewed by the Board of Directors on the 3rd Monday of the month.
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Geographic Focus
Where this funder awards grants
The foundation's principal geographic area of concern is primarily dedicated to Palm Beach County and the state of Florida.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,658,670 | $10,528,393 | $10,462,469 |
| Revenue | $954,045 | $853,573 | $813,916 |
| Expenses | $823,768 | $787,649 | $798,228 |
| Qualifying Distributions | $610,378 | $575,531 | $582,828 |
| Net Investment Income | $742,460 | $639,408 | $596,566 |
| Distributable Amount | $682,772 | $606,928 | $633,702 |
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 2024
Grant Size Distribution
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Charitable Contributions ($513,300).
| Recipient | Purpose | Amount |
|---|---|---|
| CHARITABLE CONTRIBUTIONS ATTACHED, FL | ATTACHED | $513,300 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Directors:
- Sandra E. Gambill
- Marjorie J. Murphy
- Shaun E. Murphy
Contact Information:
- Marjorie J. Murphy: 561-776-0834
- Sandra E. Gambill: 760-845-1153
- Shaun E. Murphy: info@thewalterandadiblumfoundation.org
Mailing Address: The Walter & Adi Blum Foundation P.O. Box 33598 Palm Beach Gardens, FL 33420-3598
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANDRA E GAMBILL | PRESIDENT, T | 35 | $149,740 |
| MARGARET J MURPHY | DIRECTOR | 8 | $40,300 |
| SHAUN MURPHY | SECRETARY | 20 | $90,300 |
Frequently Asked Questions
What does Walter & Adi Blum Foundation Inc fund?
The foundation remains deeply committed to the activities and causes supported by Adi and Walter Blum. The foundation's philosophy centers on caring for the community through unique and innovative grant-making that has had a sizable impact on the disadvantaged and underserved. **Primary funding categories include:** • Programs for adults and children with special needs • Homeless, housing and food programs • Health care issues • Education • Underserved communities • The arts • Preservation of P…
How do I apply for a grant from Walter & Adi Blum Foundation Inc?
**Grant Range:** Awards range from $500 to in excess of $50,000, with typical awards in the $10,000 to $25,000 range. **Types of Support:** Grants may be awarded for capital needs, start-up costs, and administrative costs. **Application Process:** A completed application submitted by the first Saturday of the month will be reviewed by the Board of Directors on the 3rd Monday of the month. **What the Foundation Does Not Fund:** • Organizations that have not been determined by the IRS to be publi…
Where does Walter & Adi Blum Foundation Inc make grants?
The foundation's principal geographic area of concern is primarily dedicated to Palm Beach County and the state of Florida.
What size grants does Walter & Adi Blum Foundation Inc award?
In 2024, Walter & Adi Blum Foundation Inc awarded 1 grants totaling $513K — an average of about $513K per grant, based on its IRS Form 990 filings.
How much is Walter & Adi Blum Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Walter & Adi Blum Foundation Inc reported a distributable amount of $683K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Walter & Adi Blum Foundation Inc's EIN?
Walter & Adi Blum Foundation Inc's EIN (Employer Identification Number) is 65-0008826. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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