Granted
Sign in
ANCHORAGE, AK

Richard L & Diane M Block Foundation Trust

Quick Facts

EIN
306136901
Location
ANCHORAGE, AK
Category
Philanthropy & Grantmaking
Total Assets
$35.4M
Annual Income
$24.1M
IRS Ruling Year
2007
Organization Type
Trust
Principal Officer
% Foundation Source
Tax Deductibility
Contributions are deductible

About This Foundation

Richard L & Diane M Block Foundation Trust is a private trust based in ANCHORAGE, AK. The foundation received its IRS ruling in 2007. The principal officer is % Foundation Source. It holds total assets of $35.4M. Annual income is reported at $24.1M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$2M

2023-9%

Total Assets

$33.4M

2023-2%

Fair Market Value

$36.1M

2023

Net Worth

$33.4M

2023

Grants Paid

$1.6M

2023

Contributions

$0

2023

Net Investment Income

$1M

2023

Distribution Amount

$1.7M

2023

Total Giving by Year

$192K
11
$259K
12
$371K
13
$512K
14
$514K
15
$1.1M
19
$2M
20
$1.9M
21
$2.2M
22
$2M
23

Asset Growth

$6.4M
11
$10.7M
12
$10.4M
13
$10.6M
14
$10.8M
15
$35.8M
19
$34.2M
20
$34.9M
21
$34.2M
22
$33.4M
23

Investment Portfolio (2023)

Total: $31.3M

Corporate Stock: $29M
Corporate Bonds: $1.2M
Government Obligations: $1.1M
Corporate Stock (92%)
Corporate Bonds (4%)
Government Obligations (4%)

Expense Breakdown (2023)

Grants Paid$1.6M
Officer Compensation$73K
Travel & Conferences$36K
Pension & Benefits$7K
Occupancy$6K
Accounting Fees$2K

Revenue Sources (2023)

Dividends
$962K
Capital Gains (Net)
$175K
Interest
$58K

Financial Details (2023)

Total Revenue
$1.2M
Total Expenses
$2M
Exempt Purpose Expenses
$1.8M
Required Distribution
$1.7M
Undistributed Income
$1.7M
Total Liabilities
$2K
Excise Tax
$14K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

50

Total Giving

$1.8M

Average Grant

$36K

Median Grant

$10K

Grant Range

Min$1K
Max$305K
Median: $10K
Smallest grantLargest grant

Geographic Distribution of Grants

AK
AK: $1.6M (46)
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $10K (1)
MA
MA: $195K (1)
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
CA: $10K (2)
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
AK$1.6M (46)
MA$195K (1)
CA$10K (2)
NY$10K (1)

Past Grantees

RecipientLocationAmountYear
Partners For ProgressBuilding Purchase ProjectAnchorage, AK$305K2022
First Church Of Christ ScientistGeneral & UnrestrictedBoston, MA$195K2022
Henning IncMASH fees for service on the Guest House operationSAnchorage, AK$150K2022
Covenant House AlaskaCovey Academy OperationsAnchorage, AK$150K2022
Anchorage Opera CompanyTosca/First Live Anchorage Opera Performance FUNDAnchorage, AK$100K2022
Alaska Childrens Institute For The Performing ArtsNew Theatre ProjectKenai, AK$100K2022
Anchorage Rescue MissionFull Fed kitchen projectAnchorage, AK$100K2022
Anchorage Opera CompanyGeneral & UnrestrictedAnchorage, AK$80K2022
Fairbanks Arts Association 483fairbanks Arts & Culture OrganizationsFairbanks, AK$75K2022
Wasilla Area Seniors IncWASI Transportation Subaru Foresters fundWasilla, AK$67K2022
Palmer Senior Citizens Center IncGeneral & UnrestrictedPalmer, AK$60K2022
Alaska Childrens TrustPathways to Hope - An Indigenous Approach to Prevent Child Sexual AbuseAnchorage, AK$35K2022
Anchorage Museum AssociationGeneral & UnrestrictedAnchorage, AK$25K2022
Alaska ZooGeneral & UnrestrictedAnchorage, AK$25K2022
North Star Dance FoundationBlack Box Theater ProjectFairbanks, AK$25K2022
Alaska Historical SocietyThe Alaska State Museum Catalog GuideAnchorage, AK$20K2022
Alaska Public Media IncLearning Neighborhoods ProjectAnchorage, AK$20K2022
Fairbanks Community Food Bank Service IncGeneral & UnrestrictedFairbanks, AK$20K2022
Denali Arts CouncilGeneral & UnrestrictedTalkeetna, AK$20K2022
Beacon HillGeneral & UnrestrictedAnchorage, AK$20K2022
Alaska Association For Christian Science Nursing IGeneral & UnrestrictedWasilla, AK$20K2022
Anchorage Community Theatre IncGeneral & UnrestrictedAnchorage, AK$16K2022
Bethel Winter Shelter Lions ClubCompletion of Renovation projectBethel, AK$15K2022
Alaska Youth OrchestrasAnchorage Youth Symphony School FUNDAnchorage, AK$15K2022
Ionia IncNatural Path Natural Peer Support Training PROGRAMKasilof, AK$10K2022
Homer Society Of Natural History IncGeneral & UnrestrictedHomer, AK$10K2022
Family Promise Of JuneauGeneral & UnrestrictedJuneau, AK$10K2022
Upper Susitna Seniors IncMeals on Wheels ProgramWillow, AK$10K2022
Domestic And Foreign Missionary Society Of The ProGeneral & UnrestrictedNew York, NY$10K2022
Kids KupboardGeneral & UnrestrictedWasilla, AK$10K2022
Skiku IncGeneral & UnrestrictedAnchorage, AK$10K2022
Alaska Center For The Blind And Visually ImpairedGeneral & UnrestrictedAnchorage, AK$10K2022
Mat-Su Valley Interfaith Hospitality NetworkGeneral & UnrestrictedWasilla, AK$10K2022
The Albert Baker FundFall 2022 Alaskan Christian Scientist Undergraduate Scholarship FUNDFolsom, CA$9K2022
Anchorage International Film FestivalGeneral & UnrestrictedAnchorage, AK$5K2022
Alaska Chamber SingersGeneral & UnrestrictedAnchorage, AK$5K2022
Alaska Dance Theatre IncGeneral & UnrestrictedAnchorage, AK$5K2022
Young LifeGeneral & UnrestrictedAnchorage, AK$5K2022
Perseverance Theatre IncorporatedGeneral & UnrestrictedDouglas, AK$5K2022
New Hope On The Last FrontierGeneral & UnrestrictedAnchorage, AK$5K2022
Brian MaltaEXCELLENT TEACHER AWARDAnchorage, AK$4K2022
Gabrielle PierleEXCELLENT TEACHER AWARDAnchorage, AK$4K2022
Leandra WildenEXCELLENT TEACHER AWARDAnchorage, AK$4K2022
Rees MillerEXCELLENT TEACHER AWARDAnchorage, AK$4K2022
Catherine AllisonEXCELLENT TEACHER AWARDAnchorage, AK$4K2022
Rebecca MasonEXCELLENT TEACHER AWARDAnchorage, AK$4K2022
Anchorage School DistrictGENERAL & UNRESTRICTED - SEE GENERAL EXPLANATIONAnchorage, AK$2K2022
Social Good Fund IncGeneral & UnrestrictedRichmond, CA$1K2022
Anchorage Montessori SchoolGeneral & UnrestrictedAnchorage, AK$1K2022
Prince William Sound Science & Technology InstitutGeneral & UnrestrictedCordova, AK$1K2022

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

See Similar Foundations

Browse all Philanthropy & Grantmaking foundations

More Foundations in Alaska

Ready to start your proposal?

Granted uses AI to draft, review, and polish your grant application — saving weeks of work.