Robert Lee Blaffer Foundation Inc

Overview

The Robert Lee Blaffer Foundation Inc is a U.S. nonprofit organization dedicated to preserving and promoting historical and educational attributes. It operates as a private operating foundation, focusing on philanthropic, voluntarism, and grantmaking activities.

Mission

The foundation's primary mission is to financially and otherwise support the preservation and promotion of historical and educational elements, contributing to the enrichment of cultural and academic life.

Financial Overview

In recent years, the foundation has reported significant financial activities:

• Revenue: The foundation's revenue includes substantial contributions from dividends and sales of assets. In 2023, its total revenue was approximately $615,000, with dividends making up about 52.9% of this revenue and sales of assets contributing roughly 42.7%[1].
• Expenses: The majority of the foundation's expenses are allocated to charitable disbursements, which comprised about 84.3% of its total expenses in 2023. Officer compensation is not separately reported and may be included in these charitable disbursements[1].
• Assets and Liabilities: As of 2023, the foundation held total assets valued at about $6.35 million, with no reported liabilities[1].

Tax Status

Donations to the Robert Lee Blaffer Foundation Inc are tax-deductible, as it is registered as a charitable organization in the United States.

Location

The foundation is headquartered in New Harmony, Indiana.

Governance and Structure

While specific details about the governance structure or leadership are not widely available, the foundation operates in line with its mission of supporting historical and educational endeavors.