Allen and Gloria Block Family Foundation
THE FOUNDATION IS A PUBLIC CHARITY UNDER IRC SECTION 501(C)(3) WHOSE MISSION IS TO PROVIDE SUPPORT FOR OTHER CHARITABLE ORGANIZATIONS WHICH SERVE THE GREATER KANSAS CITY AREA.
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$33K
Total Expenses
$102K
Net Assets
$734K
Employees
0
Grants Paid
$60K
Program Expense Ratio
58.8%
This nonprofit profile presents IRS Form 990 tax filing data for Allen and Gloria Block Family Foundation (EIN: 48-1239579), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Allen and Gloria Block Family Foundation is a 501(c)(3) nonprofit headquartered in Kansas City, MO, founded in 2000. It is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2002. In its 2024 filing, the organization reported $33K in total revenue, a 50.3% decrease from the prior year, and $102K in total expenses. The organization runs 1 program, totaling $60K in program expenses. 4 of 6 recommended governance policies are in place.
Allen and Gloria Block Family Foundation is classified under NTEE code T30 (Public Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 17.
Programs(Tax Year 2024)
1 record
Allen and Gloria Block Family Foundation operates 1 program, with total program expenses of $60K. Allen and Gloria Block Family Foundation's largest program accounts for 100% of total program spending.
PROVIDED SUPPORT FOR CHARITABLE ORGANIZATION WHICH SERVE HUMAN NEEDS BY ADVANCING CONSTRUCTIVE PROJECTS.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, Allen and Gloria Block Family Foundation's revenue has declined from $60K to $33K, a 44.6% decrease. Program expenses represent 59% of total spending.
Revenue decreased 50.3% year-over-year, while expenses grew 50.3%. net assets fell to $734K, down 6.6% from the prior year.
Allen and Gloria Block Family Foundation derives 57% from investment income.
Allen and Gloria Block Family Foundation allocates 59% to programs, 41% to management and general.
Revenue declined by 50.3% and expenses grew by 50.3% year over year.
Allen and Gloria Block Family Foundation distributed $60K in grants to other organizations and individuals, representing 59% of total expenses.
Over 6 filings from 2019–2024, Allen and Gloria Block Family Foundation declined revenue from $60K to $33K (-44.6%) while maintaining a program expense ratio of 59%.
Allen and Gloria Block Family Foundation holds $794K in total assets against $60K in liabilities (debt-to-asset ratio of 8%). The organization has 86.3 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $33K | $0 | $0 | $0 | $19K |
| 2023 | $67K | $0 | $0 | $0 | $33K |
| 2022 | $186K | $144K | $0 | $0 | $24K |
| 2021 | $9K | $0 | $0 | $0 | $16K |
| 2020 | $50K | $500 | $0 | $0 | $20K |
| 2019 | $60K | $500 | $0 | $0 | $52K |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $102K | $60K | $42K | $0 | $60K |
| 2023 | $68K | $58K | $10K | $0 | $58K |
| 2022 | $79K | $65K | $15K | $0 | $65K |
| 2021 | $12K | $2K | $11K | $0 | $2K |
| 2020 | $63K | $52K | $12K | $0 | $52K |
| 2019 | $12K | $2K | $10K | $0 | $2K |
Program Expense Ratio
58.8%
Admin Expense Ratio
41.2%
Fundraising Efficiency
—
Operating Reserve
86.3 mo
People & Compensation(Tax Year 2024)
7 records
Allen and Gloria Block Family Foundation reported compensation for 7 officers and key employees.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| ANDREW BLOCK | VICE PRESIDE | Director | — | $0 | $0 | $0 |
| KENNETH G BLOCK | VICE PRESIDE | OfficerDirector | — | $0 | $0 | $0 |
| MICHAEL R BLOCK | VP AND SECRE | OfficerDirector | — | $0 | $0 | $0 |
| WILLIAM BLOCK | CHAIRMAN | OfficerDirector | — | $0 | $0 | $0 |
| MAX WASSERSTROM | VICE PRESIDE | Director | — | $0 | $0 | $0 |
| ANTHONY KNIPP | DIRECTOR | Director | — | $0 | $0 | $0 |
| BARBARA MCKINNEY | DIRECTOR | OfficerDirector | — | $0 | $0 | $0 |
Governance & Compliance(Tax Year 2024)
Allen and Gloria Block Family Foundation has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 7 members, 7 of whom are independent.
Allen and Gloria Block Family Foundation does not have audited financial statements.
Allen and Gloria Block Family Foundation has family or business relationships among officers, directors, or key employees.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2024)
1 record
Allen and Gloria Block Family Foundation awarded $60K across 1 grant to organizations. Top recipients include GREATER KANSAS CITY COMMUNITY FD (KANSAS CITY, MO) — $60K.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| GREATER KANSAS CITY COMMUNITY FD431152398 | KANSAS CITY, MO | $60K | — |
Filing History(Tax Years 2002–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $33K | $102K | $734K |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $67K | $68K | $786K |
| 2022 | 990 | 2022-01-01 – 2022-12-31 | $186K | $79K | $767K |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $9K | $12K | $706K |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $50K | $63K | $691K |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $60K | $12K | $699K |
| 2002–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Allen and Gloria Block Family Foundation do?
THE FOUNDATION IS A PUBLIC CHARITY UNDER IRC SECTION 501(C)(3) WHOSE MISSION IS TO PROVIDE SUPPORT FOR OTHER CHARITABLE ORGANIZATIONS WHICH SERVE THE GREATER KANSAS CITY AREA.
How much revenue does Allen and Gloria Block Family Foundation have?
Allen and Gloria Block Family Foundation reported $33,145 in total revenue for tax year 2024, down 50.3% from the prior year.
Who is the highest-paid executive at Allen and Gloria Block Family Foundation?
ANDREW BLOCK, VICE PRESIDE, received $0 in total compensation as of tax year 2024.
Is Allen and Gloria Block Family Foundation a 501(c)(3)?
Yes, Allen and Gloria Block Family Foundation is classified as a 501(c)(3) tax-exempt organization.
Where is Allen and Gloria Block Family Foundation located?
Allen and Gloria Block Family Foundation is headquartered in Kansas City, MO 64112.
What type of nonprofit is Allen and Gloria Block Family Foundation?
Allen and Gloria Block Family Foundation is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.
Is Allen and Gloria Block Family Foundation audited?
No, Allen and Gloria Block Family Foundation does not currently have audited financial statements.
Does Allen and Gloria Block Family Foundation give grants?
Yes, Allen and Gloria Block Family Foundation distributed $60,000 in grants to other organizations and individuals in tax year 2024. Top recipients include GREATER KANSAS CITY COMMUNITY FD.
Data Source
Prepared by: HIGDON & HALE CPA'S PC, OVERLAND PARK, KS
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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