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The Arthur M. Blank Family Foundation

Profile

Last Updated: 2016-05-29

At A Glance

The Arthur M. Blank Family Foundation

3223 Howell Mill Rd. N.W.

Atlanta, GA United States 30327-4105

Telephone: (404) 367-2100

URL: www.blankfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Sports
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $40,937,209

Total giving: $9,942,821

EIN

586292769

BRIDGE Number

7614358097

Background

Established in 1995 in GA - Founded by Arthur M. Blank, co-founder of The Home Depot and owner of the NFL's Atlanta Falcons and AFL's Georgia Force. Blank also owns the Mountain Sky Guest Ranch in Montana Arthur Blank has committed to The Giving Pledge, and has pledged to give away at least half of his wealth to philanthropy

Purpose and Activities

The mission going forward is to promote positive change in people's lives and to build and enhance the communities in which they live. The foundation has an especially strong interest in supporting innovative endeavors leading to better circumstances for low-income youth and their families. The foundation seeks to learn from their investments, share what they have learned, and inspire others in the public and private sectors to make similar commitments. The foundation has established two primary initiatives: 1) Fostering Opportunity - to support efforts that help create access to opportunity and improve life chances for low-income young people and their families; and 2) Enhancing Quality of Life - to preserve green space and parks, and sustain a vibrant arts community.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Better Beginnings

The program targets the formative first five years of life. Through Better Beginnings, the foundation will support efforts that develop systems of support for young children and their families, strengthening the effectiveness of services provided and mobilizing leaders from different sectors to improve success in life for the community's youngest and most vulnerable members. Better Beginnings work is focused only in the City of Atlanta.

Inspiring Spaces

The foundation supports the preservation of green spaces and parks. The foundation aims to help develop a system of "Great Parks" in Atlanta, tied to the larger vision of how public space connects the entire community. By providing support, the foundation wants to help create parks and ensure that they are high quality, well-maintained and protected. Most of all, they must be accessible and available to all the citizens of the community.

Pathways to Success

The program focuses on improving access to postsecondary opportunities for teens. Through Pathways to Success, the foundation will support efforts that make it possible for young men and women to make the most of their time in high school and achieve their life and career goals. Pathways to Success work is in Atlanta, GA, Beaufort County, SC, and Maricopa County, AZ.

The Art of Change

The program aims to sustain a vibrant arts community, particularly through the birth of the new Symphony Center. The foundation is committed to the development of a new, world-class home for the Atlanta Symphony Orchestra (ASO). As part of that commitment, it seeks to further enrich the arts community, broadening audiences and providing a catalyst for related arts activities that reach out to all people in the community. The foundation also supports such programs as the ASO's Talent Development Program, which provides musically talented African-American and Latino Students weekly lessons and mentoring relationships with ASO musicians, as well as the opportunity to participate in master classes, community outreach programs, and music camps.

Fields of Interest

Subjects
  • Education
  • Environment
  • Theater
  • Youth organizing
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $40,937,209 (market value)

Gifts received: $20,066,501

Expenditures: $16,310,154

Total giving: $9,942,821

Qualifying distributions: $12,854,232