Nonprofit · EIN 62-1448070
THE BORNBLUM FOUNDATION
Tax-exempt (reinstated) · MEMPHIS, TN 38103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,117,020 | $1,684,518 | -$567,498 | $14,943,752 | $0 | $14,943,752 |
| December 31, 2023 | 990-PF | $1,188,648 | $1,056,032 | $132,616 | $15,507,425 | $0 | $15,507,425 |
| December 31, 2022 | 990-PF | $936,365 | $1,206,836 | -$270,471 | $15,384,984 | $0 | $15,384,984 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $817,220
- Net gain from sales of assets
- $299,800
Expenses
- Grants and similar amounts paid
- $1,506,300
- Compensation of officers, directors and key employees
- $75,000
- Salaries, compensation and benefits (total)
- $15,000
- Disbursements for charitable purposes
- $1,569,226
- Excise tax on investment income
- $14,652
Balance sheet and other
- Total assets, start of year
- $15,507,424
- Total assets, end of year
- $14,943,752
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,943,752
- Fair market value of assets
- $32,657,923
- Qualifying distributions
- $1,569,226
- Net investment income
- $1,117,020
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 |
|---|---|---|---|
| Robert J Gordon 40 S Main St 2190, Memphis, TN 38103 | Director | 3 | $37,500 |
| Baruch G Gordon 40 S Main St 2190, Memphis, TN 38103 | Director | 3 | $37,500 |
| Bruce L Feldbaum 40 S Main St 2190, Memphis, TN 38103 | Director | 8 | $0 |
| Elaine K Gordon 40 S Main St 2190, Memphis, TN 38103 | Director | 1 | $0 |
| Barrie Weiser 1686 East Church Downs, Germantown, TN 38138 | Director | 1 | $0 |
| David E Feldbaum 40 S Main St 2190, Memphis, TN 38103 | Director | 1 | $0 |
| Rebecca S Feldbaum 40 S Main St 2190, Memphis, TN 38103 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALVIN A GORDON 40 S MAIN ST 2190, MEMPHIS, TN 38103 | EXECUTIVE DI | 0 | $0 |
| BRUCE FELDBAUM 40 S MAIN ST 2190, MEMPHIS, TN 38103 | VP & SEC/TRE | 0 | $0 |
| ELAINE GORDON 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 0 | $0 |
| BARRIE WEISER 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 0 | $0 |
| ROBERT J GORDON 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 0 | $0 |
| BARUCH G GORDON 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 0 | $0 |
| DAVID E FELDBAUM 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 0 | $0 |
| REBECCA S FELDBAUM 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALVIN A GORDON 40 S MAIN ST 2190, MEMPHIS, TN 38103 | EXECUTIVE DI | 1 | $0 |
| BRUCE FELDBAUM 40 S MAIN ST 2190, MEMPHIS, TN 38103 | VP & SEC/TRE | 1 | $0 |
| ELAINE GORDON 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 1 | $0 |
| BARRIE WEISER 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 1 | $0 |
| ROBERT J GORDON 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 1 | $0 |
| BARUCH G GORDON 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 1 | $0 |
| DAVID E FELDBAUM 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 1 | $0 |
| REBECCA S FELDBAUM 40 S MAIN ST 2190, MEMPHIS, TN 38103 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 40 S MAIN ST STE 2190, MEMPHIS, TN 38103-5521
- In care of
- % ALVIN GORDON
- Signed the 990-PF
- Bruce Feldbaum, Director
- Phone
- (901) 525-5744
- Return prepared by
- ATA Advisory LLC
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
- 62-1448070
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $14,943,752
- Income (IRS master file)
- $1,132,174
Revocation and reinstatement
- Exemption revoked
- May 15, 2023
- Posted by the IRS
- August 14, 2023
- Reinstated
- Effective May 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,117,020 | $1,684,518 | $14,943,752 | XML |
| 990-PF | December 2023 | $1,188,648 | $1,056,032 | $15,507,425 | XML |
| 990-PF | December 2022 | $936,365 | $1,206,836 | $15,384,984 | XML |
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 62-1448070).
Questions about THE BORNBLUM FOUNDATION
- What is the EIN of THE BORNBLUM FOUNDATION?
- The employer identification number (EIN) of THE BORNBLUM FOUNDATION is 62-1448070.
- Is THE BORNBLUM FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
- Are donations to THE BORNBLUM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE BORNBLUM FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE BORNBLUM 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 BORNBLUM 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 BORNBLUM FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $37,500 (Robert J Gordon, Director).
- How much revenue does THE BORNBLUM FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,117,020, expenses of $1,684,518 and total assets of $14,943,752 at year end.
Other nonprofits in MEMPHIS
- COMMUNITY FOUNDATION OF GREATER MEMPHIS INC EIN 58-1723645 · last filed 990 for 2025
- CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS AND THE MID-SOUTH INC EIN 62-1752885 · last filed 990 for 2025
- FORMANEK FOUNDATION EIN 26-1565007 · last filed 990-PF for 2024
- MCENIRY FAMILY FOUNDATION EIN 93-4781807 · last filed 990-PF for 2023
- UNITED WAY OF THE MID-SOUTH EIN 56-1010742 · last filed 990 for 2025
- THE MARTIN FAMILY FOUNDATION INC EIN 83-1489207 · last filed 990 for 2025
- MCGEHEE FAMILY FOUNDATION EIN 62-1801291 · last filed 990-PF for 2024
- ASSISI FOUNDATION OF MEMPHIS INC EIN 62-1558722 · last filed 990-PF for 2024
All nonprofits in MEMPHIS · Tennessee · Philanthropy, voluntarism and grantmaking foundations