THE BORNBLUM FOUNDATION
MEMPHIS,
Tennessee,
38103
EIN: 62-1448070
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
40 S MAIN ST STE 2190
38103
COUNTY
shelby county, TN
IN CARE OF NAME
ALVIN GORDON
ORGANIZATIONAL OVERVIEW & RANKINGS
THE BORNBLUM FOUNDATION is a based in MEMPHIS, TN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in February 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $15,384,984.00, this ranks 43,852 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 732 out of 52,500 organizations in TN (Top 2%).
In shelby county, TN, the organization ranks 158 out of 12,814 nonprofits by assets (Top 2%), while locally in memphis, it stands at 137 among 10,368 organizations (Top 2%).
The organization reported no revenue in the most recent filing period, placing it at 1,814,124 nationally and 33,719 in TN.
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, THE BORNBLUM FOUNDATION ranks 1,822 in assets (Top 6%) and 5,725 in revenue (Top 19%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 and was reinstated on May 15, 2023 .
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Gifts grants or loans to other organizations
Other inner city or community benefit activities
Other activity aimed t combating community deterioration
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Monday, May 15, 2023;
Reinstated: Monday, May 15, 2023
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,131,514.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2024
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$15,384,984.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
