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EIN 82-5342697

The Bloom Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Morristown
State
New Jersey
Year formed
2019
Most recent tax filings
2024-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Bloom Foundation is a corporate foundation of Johnson & Johnson that primarily funds unrestricted programs, including the Freeman College of Management and the Bison Club for football. It supports grantees such as the Mount Sinai Medical Center Foundation and made 16 grants last year. The foundation is located in Morristown, NJ.
Total revenues
$1,785,683
2024
Total expenses
$658,103
2024
Total assets
$9,845,302
2024
Num. employees
0
2024

Grants made by The Bloom Foundation

GranteeGrant descriptionAmount
Mount Sinai Medical Center FoundationUnrestricted$250,000
Bucknell UniversityBucknell Farm Project$50,000
Do the Right ThingUnrestricted$40,000
...and 9 more grants made

Financials for The Bloom Foundation

RevenuesFYE 12/2024
Total grants, contributions, etc.$850,720
Investment income and dividends$629,957
Net rental income$4,128
Net gain from sale of non-inventory assets$255,998
Gross sales of inventory$0
Miscellaneous revenues$44,880
Total revenues$1,785,683

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Kirchdorfer Opportunities FoundationLouisville, KY$2,760,896
Fairview FoundationSan Francisco, CA$2,086,309
Birmingham ThunderboltsBirmingham, AL$1,145,521
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Data update history
April 7, 2026
Posted financials
Added Form 990PF for fiscal year 2024
January 12, 2025
Posted financials
Added Form 990PF for fiscal year 2023
January 20, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCorporate foundationsCharities
Issues
Human servicesPublic safety
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
360 MT Kemble Ave Co Bloom Office
Morristown, NJ 07960
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Morris County, NJ
Phone
(973) 682-2698
IRS details
EIN
82-5342697
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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