Nonprofit · EIN 54-1217447
THE BLOCKER FOUNDATION
Tax-exempt · SUFFOLK, VA 23434
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,509,061 | $5,644,528 | -$2,135,467 | $107,593,427 | $0 | $107,593,427 |
| December 31, 2023 | 990-PF | $1,496,696 | $5,420,700 | -$3,924,004 | $109,737,664 | $0 | $109,737,664 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $2,197,922
- Interest
- $26
- Net gain from sales of assets
- $1,413,884
- Other income
- -$102,771
Expenses
- Grants and similar amounts paid
- $4,604,805
- Compensation of officers, directors and key employees
- $319,300
- Salaries, compensation and benefits (total)
- $238,525
- Disbursements for charitable purposes
- $5,266,018
- Excise tax on investment income
- $45,149
Balance sheet and other
- Total assets, start of year
- $109,737,664
- Total assets, end of year
- $107,593,427
- Total liabilities, end of year
- $0
- Net assets, end of year
- $107,593,427
- Fair market value of assets
- $119,800,214
- Qualifying distributions
- $5,266,018
- Net investment income
- $3,594,321
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WHITNEY G SAUNDERS 705 W WASHINGTON STREET, SUFFOLK, VA 23434 | PRESIDENT | 1 | $269,300 | $8,079 |
| SARAH TAYLOR 705 W WASHINGTON STREET, SUFFOLK, VA 23434 | GRANTS MANAGER Highest-paid employee | 40 | $141,605 | $4,248 |
| PATRICIA BENNETT 705 W WASHINGTON STREET, SUFFOLK, VA 23434 | ACCOUNT ASSISTANT Highest-paid employee | 40 | $96,920 | $2,908 |
| JOHN E BISSETT 1402 SANDCHIP TERRACE, CHESAPEAKE, VA 23320 | TREASURER | 1 | $12,500 | – |
| WILLIAM H GEORGE 1437 WILLIAMS CIR, SUFFOLK, VA 23434 | SECRETARY | 1 | $12,500 | – |
| FREDRICK V MARTIN 1146 EDISTO DR, SPARTANBURG, SC 29302 | VICE PRESIDENT | 1 | $12,500 | – |
| REGINALD CORINALDI 705 W WASHINGTON STREET, SUFFOLK, VA 23434 | BOARD MEMBER | 1 | $12,500 | – |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WHITNEY G SAUNDERS 705 W WASHINGTON STREET, SUFFOLK, VA 23434 | PRESIDENT | 1 | $242,800 | $7,284 |
| SARAH TAYLOR 705 W WASHINGTON STREET, SUFFOLK, VA 23434 | GRANTS MANAGER Highest-paid employee | 40 | $129,005 | $3,870 |
| PATRICIA BENNETT 705 W WASHINGTON STREET, SUFFOLK, VA 23434 | ACCOUNT ASSISTANT Highest-paid employee | 40 | $85,276 | $2,558 |
| JOHN E BISSETT 4421 LEATHERWOOD DR, VIRGINIA BEACH, VA 23462 | TREASURER | 1 | $12,500 | – |
| WILLIAM H GEORGE 1437 WILLIAMS CIR, SUFFOLK, VA 23434 | SECRETARY | 1 | $12,500 | – |
| FREDRICK V MARTIN 1146 EDISTO DR, SPARTANBURG, SC 29302 | VICE PRESIDENT | 1 | $12,500 | – |
| REGINALD CORINALDI 705 W WASHINGTON STREET, SUFFOLK, VA 23434 | BOARD MEMBER | 1 | $12,500 | – |
Address and contacts
- Address (IRS master file)
- 705 W WASHINGTON ST STE 200, SUFFOLK, VA 23434-6102
- Signed the 990-PF
- WHITNEY SAUNDERS, PRESIDENT
- Phone
- (757) 942-2005
- Return prepared by
- ERNST & YOUNG US LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 54-1217447
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $107,593,427
- Income (IRS master file)
- $25,846,635
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,509,061 | $5,644,528 | $107,593,427 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,496,696 | $5,420,700 | $109,737,664 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | July 2020 | – | – | – | IRS |
| 990-PF | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1217447).
Questions about THE BLOCKER FOUNDATION
- What is the EIN of THE BLOCKER FOUNDATION?
- The employer identification number (EIN) of THE BLOCKER FOUNDATION is 54-1217447.
- Is THE BLOCKER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to THE BLOCKER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE BLOCKER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE BLOCKER FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE BLOCKER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE BLOCKER FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $269,300 (WHITNEY G SAUNDERS, PRESIDENT).
- How much revenue does THE BLOCKER FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,509,061, expenses of $5,644,528 and total assets of $107,593,427 at year end.
Other nonprofits in SUFFOLK
- NANSEMOND-SUFFOLK ACADEMY ASSOCIATION INCORPORATED EIN 54-0801408 · last filed 990 for 2025
- PORTCO INC EIN 54-1598359 · last filed 990 for 2025
- TOWNEBANK FOUNDATION EIN 54-2036534 · last filed 990-PF for 2024
- WESTERN TIDEWATER FREE CLINIC INC EIN 26-3302837 · last filed 990 for 2025
- SUFFOLK FOUNDATION EIN 20-5998525 · last filed 990 for 2025
- OBICI HEALTHCARE FOUNDATION INC EIN 51-0249728 · last filed 990-PF for 2025
- SUFFOLK CHRISTIAN ACADEMY EIN 46-1628212 · last filed 990 for 2025
- MARY C HENNINGER HADDAD AND LOUIS S HADDAD FOUNDATION INC EIN 54-1917341 · last filed 990-PF for 2025