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The Jacob and Hilda Blaustein Foundation, Inc.

Profile

Last Updated: 2016-05-11

At A Glance

The Jacob and Hilda Blaustein Foundation, Inc.

1 South St., Ste. 2900

Baltimore, MD United States 21202-3334

Telephone: (410) 347-7201

URL: www.blaufund.org/foundations/jacobandhilda_f....

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $130,130,228

Total giving: $7,538,380

EIN

526038382

BRIDGE Number

5432276804

Background

Incorporated in 1957 in MD - Founded by the late Jacob Blaustein and his wife, Hilda. In 1910, Jacob and his father, Louis Blaustein founded American Oil. The company gained national recognition for innovations such as one of the first drive-in gas stations, the first gasoline pump to show the motorist the amount of fuel received and the original antiknock gasoline that permitted the development of the high-compression engine. In 1954, American Oil merged with Standard Oil of Indiana, and American Trading and Production Corporation and the Blaustein family became major stockholders. Standard Oil of Indiana changed its name to AMOCO Corporation in 1985 and, in 1998 merged with British Petroleum to form BP Amoco. Hilda Blaustein was a trustee of the Associated: Jewish Community Federation of Baltimore, the United Nations Association of Maryland, and the Women's Advertising Club of Baltimore

Purpose and Activities

The foundation promotes social justice and human rights through its five program areas: Jewish life, strengthening Israeli democracy, health and mental health, educational opportunity, and human rights. The foundation supports organizations that promote systematic change; involve constituents in planning and decision making; encourage volunteer and professional development; and engage in ongoing program evaluation.

Program Area(s)

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

Educational Opportunity

The goal of this program is to ensure that low-income children and families have access to quality education and cultural opportunities. There is a geographic focus on Baltimore. The foundation seeks to:1) strengthen public education, with an emphasis on secondary education; 2) support local advocacy and policy initiatives that advance quality education for all; and 3) nurture high-quality community arts programs that engage diverse audiences. The foundation supports system-wide public school reform, human capital development, leadership development, community organizing, and innovative service provision.

Health and Mental Health

The goal of this program is to promote quality health and mental health care for underserved individuals. The foundation supports innovative service provision in community-based settings; programs using evidence-based practices; and professional development. There is a geographic focus on Baltimore. The foundation seeks to:1) address the health and mental health needs of low-income children and seniors through sustainable programs designed to meet service gaps; 2) support local and national advocacy and public policy initiatives to ensure access to quality care for low-income families; and 3) address environmental health issues.

Human Rights

The goal of this program is to advance fundamental human rights. The foundation seeks to:1) advance women's rights; 2) promote the right to education, particularly for adolescents and adults; and 3) support leadership development, capacity-building and training across a range of issue areas. The foundation's human rights work is primarily international, with a special interest in efforts that link domestic and international issues.

Jewish Life

The goal of this program is to keep Judaism meaningful, compelling and responsive to contemporary concerns. The foundation seeks to: 1) engage the Jewish community in social justice efforts; 2) further progressive and inclusive approaches to Judaism; and 3) promote positive relations between Jews and members of other ethnic groups.

Program-Related Investment

The foundation has made PRIs in the form of loans to a Jewish agency and a fund whose mission is to alleviate poverty by building assets, wealth and opportunity for low- and moderate-income communities and persons. Historically, the foundation has made PRIs in the form of loans to a community development fund.

Strengthening Israeli Democracy

The goal of this program is to strengthen Israel as a democratic, equitable, and pluralistic society. The foundation seeks to:1) address fundamental social, economic, and ethnic inequalities; 2) empower Israel's most vulnerable and disadvantaged populations; and 3) promote liberal and pluralistic approaches to Judaism.

Fields of Interest

Subjects
  • Arts and culture
  • Arts education
  • Education
  • Health
  • Human rights
  • Mental health care
  • Nonprofits
  • Reform Judaism
International Interests
  • Israel
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
Organizations
  • Judaic institutions
  • Public charities

Financial Data

Year ended 2014-12-31

Assets: $130,130,228 (market value)

Gifts received: $1,627,918

Expenditures: $8,913,443

Total giving: $7,538,380

Qualifying distributions: $8,376,993