Cause IQ organization profile

The Blackstone Charitable Foundation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

The Blackstone Charitable Foundation is a private foundation based in New York, NY that was founded in 2007. As of 2017 they had $17 million in revenue and $96 million in assets.

THE BLACKSTONE CHARITABLE FOUNDATION (THE "FOUNDATION") SERVES AS THE PRIMARY VEHICLE FOR FUTURE CHARITABLE GIVING ON BEHALF OF THE SENIOR MANAGING DIRECTORS AND EMPLOYEES OF THE BLACKSTONE GROUP L.P. ("BLACKSTONE"). THE FOUNDATION'S PHILANTHROPY EXTE...

EIN:
26-0462996
City:
State:
Metro:
Website:
Facebook:
Twitter:
Founded:
2007
Type:
501(c)(3)
NTEE:
Revenue:
$17,823,083
Assets:
$96,927,644
Employees:
5
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at The Blackstone Charitable Foundation

In 2010, the Foundation launched "The Blackstone Entrepreneurship Initiative" (the "Initiative"), to create connected networks, or "ecosystems," of master coaches in regions across the nation and around the world. Through these connecting ecosystems, the Foundation's goal is to build an elite global network of master coaches and entrepreneurial support for aspiring entrepreneurs, and in turn, the high-growth businesses and industries that are most known to spark economic growth. Accordingly, the Foundation has directed its support, within the Initiative, toward the following programs: Blackstone LaunchPad is a national model for fostering entrepreneurship through higher education. Based on a successful program at the University of Miami, it encourages entrepreneurial thinking and activity among undergraduate and graduate students, as well as among faculty and alumni, for the purpose of incubating a new generation of entrepreneurs who will contribute to the economic revitalization of distressed regions. The Foundation has awarded $12,000,000 in conditional funding ...

Grantmaking

Form 990s for The Blackstone Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2018-06Jun 11, 2019990PFView PDF
2017-06Sep 12, 2018990PFView PDF
2016-06Sep 8, 2017990PFView PDF
2015-06Aug 4, 2016990PFView PDF
2014-06Jul 14, 2015990View PDF
...and four more Form 990 PDFs

Financials for The Blackstone Charitable Foundation

Field2017
Total grants, contributions, etc.$10,786,764
Investment income and dividends$474,198
Net rental income$0
Net gain from sale of non-inventory assets$5,752,729
Gross sales of inventory$0
Miscellaneous revenues$809,392
Total revenues$17,823,083

Vendors for The Blackstone Charitable Foundation

VendorServicesAmount paidDate
SalesforceMarketing software2020-06-16
███████████ ███Tax accounting2018-09-06
███████ ████████Consulting Staff$185,4952017-06-01
████ ████████Accounting Services$102,4132017-06-01
███████████ ███Media Branding$150,0002017-06-01
███████Innovation Advisors$150,0002017-06-01

Personnel at The Blackstone Charitable Foundation

NameTitleCompensationMost recent data
Anthony MerhigeSenior Managing Director and Chief Operating Officer-July 14, 2019
Thomas IannaroneManaging Director and Chief Operating Officer-July 14, 2019
████ ██████Chief Administrative Officer-July 14, 2019
████ ██████Senior Managing Director and Chief Legal Officer-July 14, 2019
███ ██████ █████ ███Senior Vice President-July 14, 2019
██████ ████Senior Managing Director-July 14, 2019
███████ ███████Senior Managing Director and Founder of Gso Capital Partners Gso - - New York-July 14, 2019
████ ████████ ███████Senior Managing Director-July 14, 2019
█████ ███Managing Director-July 14, 2019
█████ ███Senior Managing Director-July 14, 2019
...and 58 more key personnel

Peer private foundations

 NameTypeRevenueLocation
1Imago Dei Fund (IDF)501(c)(3)$21 millionBoston, MA
2The Grace and Mercy Foundation501(c)(3)$48 millionNew York, NY
3The Scherman Foundation501(c)(3)$12 millionNew York, NY
4Mertz Gilmore Foundation501(c)(3)$24 millionNew York, NY
5Alan B. Slifka Foundation501(c)(3)$20 millionNew York, NY
6J M Kaplan Fund501(c)(3)$11 millionNew York, NY
7The Overbrook Foundation501(c)(3)$20 millionNew York, NY
8Jessie Smith Noyes Foundation501(c)(3)$7.6 millionNew York, NY
9Flora Family Foundation (FFF)501(c)(3)$5.6 millionMenlo Park, CA
10Whole Planet Foundation501(c)(3)$8.3 millionAustin, TX
11The Endeavor Foundation501(c)(3)$13 millionNew York, NY
12Foundation for Child Development501(c)(3)$14 millionNew York, NY
13Achelis and Bodman Foundation501(c)(3)$9.0 millionNew York, NY
14Robinson-Broadhurst Foundation501(c)(3)$5.9 millionStamford, NY
15Poses Family Foundation501(c)(3)$43 millionNew York, NY
16MRS Giles Whiting Foundation501(c)(3)$9.5 millionBrooklyn, NY
17Rauch Foundation501(c)(3)$5.8 millionGarden City, NY
18William E. Simon Foundation501(c)(3)$5.4 millionNew York, NY
19Thomas and Agnes Carvel Foundation501(c)(3)$5.4 millionYonkers, NY
20Gerry Foundation501(c)(3)$9.0 millionLiberty, NY
21Coach Foundation501(c)(3)$10 millionNew York, NY
22Keren Keshet-The Rainbow Foundation501(c)(3)$5.1 millionNew York, NY
23The Pinkerton Foundation501(c)(3)$45 millionNew York, NY
24Van Beuren Charitable Foundation (vBCF)501(c)(3)$24 millionNew York, NY
25The William Louis-Dreyfus Foundation501(c)(3)$4.7 millionMount Kisco, NY