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Project Bloom is a private corporation based in PORTLAND, OR. The foundation received its IRS ruling in 2011. The principal officer is Laura Spencer. It holds total assets of $3.5M. Annual income is reported at $33K. Total assets have grown from $1.6M in 2020 to $3M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Project Bloom has made 15 grants totaling $2M, with a median grant of $40K. Annual giving has decreased from $1.8M in 2022 to $159K in 2023. Individual grants have ranged from $1K to $705K, with an average award of $131K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Oregon and North Carolina. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Project Bloom primarily funds organizations in the area of human services. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in OR, NC.
Project Bloom has distributed a total of $2M across 15 grants. The median grant size is $40K, with an average of $131K. Individual grants have ranged from $1K to $705K.
Project Bloom typically selects its grantees rather than accepting unsolicited proposals.
Project Bloom is headquartered in PORTLAND, OR. While based in OR, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laura Michelle Murphy | TREASURER AND SECRETARY | $63K | $0 | $63K |
| John William Spencer | PRESIDENT | $0 | $0 | N/A |
| Bruce Frydenlund | DIRECTOR | $0 | $0 | N/A |
Total Giving
$253K
Total Assets
$3M
Fair Market Value
$3M
Net Worth
$3M
Grants Paid
$159K
Contributions
$41K
Net Investment Income
N/A
Distribution Amount
$153K
Total Grants
15
Total Giving
$2M
Average Grant
$131K
Median Grant
$40K
Unique Recipients
10
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Christian FoundationANNUAL DONATION | Portland, OR | $63K | 2023 |
| Little Bird ChildcareSUPPORT OF START UP AND MAINTENANCE OF CHILDCARE CENTER | Mcminnville, OR | $40K | 2023 |
| West Blvd MinistrySUPPORT OF ONGOING SERVICES | Charlotte, NC | $20K | 2023 |
| St Peter Catholic ChurchPURCHASED SUPPLIES FOR GOLF TOURNAMENT FUNDRAISER | Newberg, OR | $10K | 2023 |
| Dci InternationalCHILDCARE PLAYGROUND | Newberg, OR | $10K | 2023 |
| Mi Casa InternationalSUPPORT OF ONGOING SERVICES | Lake Oswego, OR | $8K | 2023 |
| Rotary Club Of NewbergONGOING SERVICES AND SCHOLARSHIPS | Newberg, OR | $6K | 2023 |
| Juliette'S HouseSUPPORT OF ONGOING SERVICES | Mcminnville, OR | $2K | 2023 |
| Oregon OasisSUPPORT OF ONGOING SERVICES | Portland, OR | $1K | 2023 |
| Mi Cass InternationalFUNDING FOR HOUSING | Lake Oswego, OR | $705K | 2022 |