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BLBB Charitable Awards Over $2 million in Grants in 2022

Friday, February 17, 2023

As the giving arm of BLB&B Advisors, LLC in Montgomeryville, PA, part of the BLBB Charitable’s work focuses on our firm's community engagement efforts. Involvement to the community is core to who the founder of BLBB, Frank Burke, was, and vitally important to the current leadership team (all of whom serve on multiple nonprofit boards and committees).

Along with the $99,000 in grants made to organizations in honor of employees’ board leadership and volunteer service, 2022 was a record year for employee-related grants from the Foundation. BLBB Charitable donated almost $95,000 to nonprofit organizations to match personal funds donated by employees/members of BLB&B Advisors, LLC. Employee matching grants have more than tripled in dollars since the program formally began, and board and volunteer leadership incentive grants have doubled.

These firm-related grants, along with BLBB Charitable’s impact grant portfolio focused on Education & Leadership, means that in 2022, BLBB Charitable made grants totaling $2.05M. To see our 2022 activities, please check out our 2022 digital Annual Report:

  • $1,099,250 in Impact Grants (in our 5 Focus Areas: Economic Self-Sufficiency; Local Environmental Education; K-12 Private Education; Post-Secondary Education & Opportunities; and Youth Development & Leadership)
  • $388,392 were part of the BLB&B Advisors' Grant Programs (matching grants, board/volunteer incentive grants, corporate citizenship sponsorships, and related community business development grants)
  • $313,875 in Burke Family Legacy Grants
  • $250,000 in Director Discretionary Grants
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