Endowment / Foundation

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Morton K. & Jane Blaustein Foundation

The Morton K. & Jane Blaustein Foundation was established in Baltimore to channel a share of the Blaustein family's oil-and-gas wealth — originating from the...

Morton K. & Jane Blaustein Foundation logo

Morton K. & Jane Blaustein Foundation

The Morton K. & Jane Blaustein Foundation was established in Baltimore to channel a share of the Blaustein family's oil-and-gas wealth — originating from the American Oil Company (AMOCO), founded by patriarch Jacob Blaustein and later sold to BP — into structured philanthropy. Jeanne P. Blaustein serves as President and Trustee, while Susan M. Blaustein acts as Vice President and Trustee. The foundation operates alongside the family's main investment and operating entity, American Trading and Production Corporation (ATAPCO), which manages the broader asset portfolio including commercial real estate holdings such as the Blaustein Building at One South Street in Baltimore, residential development in Charlotte, and industrial parcels in White Marsh, Maryland and Bristol Township, Pennsylvania. The foundation pursues a bifurcated strategy. On the endowment side, it maintains a traditional diversified portfolio to preserve intergenerational purchasing power for grantmaking. On the programmatic side, it makes direct grants in three principal areas: educational equity in the United States, with a focus on Baltimore public schools and statewide education reform; global women's health and human rights through Susan Blaustein's WomenStrong International, which operates learning labs in Ghana, Kenya, India, and Guatemala; and environmental conservation grants tied to the Chesapeake Bay watershed. The foundation does not publicly disclose its total deployment or specific investment allocations. Jeanne Blaustein also serves as Board Chair of Reimagine End of Life, a nonprofit exploring community-driven approaches to mortality and grief, and sits on the board of Jonas Philanthropies, a healthcare-focused grantmaking entity. Susan Blaustein is a member of Women Moving Millions, a network of philanthropists committing $1 million or more to women's causes, and founded WomenStrong International as a spinoff initiative now housed within the foundation's grantmaking umbrella. The foundation's structural differentiator is its integration of a direct-operating nonprofit — WomenStrong International — within the grantmaking architecture, rather than funding it as a third-party grantee. This arrangement, combined with ATAPCO's parallel stewardship of the family's real assets and legacy energy holdings, creates a hybrid structure where the philanthropic entity controls its own programmatic execution while remaining financially tethered to a separate family office. The result is unusual grantee intimacy: the foundation's Vice President is also the Executive Director of its largest programmatic vehicle.

General information

Firm type

Endowment / Foundation

Year founded

1988

Location

Region

North America

Country

United States

City

Baltimore

Corporate office

Baltimore, MD, United States

Principals

Jeanne P. Blaustein

President and Trustee

Susan M. Blaustein

Vice President and Trustee

Sector focus

EducationHealthcare ServicesHuman Rights & Social JusticeEnvironmental Grantmaking

Frequently asked questions

Who runs investment decisions at the Morton K. & Jane Blaustein Foundation?

The foundation's investment portfolio is managed through the Blaustein family's primary operating and investment vehicle, American Trading and Production Corporation (ATAPCO), rather than by a dedicated foundation CIO. Jeanne P. Blaustein and Susan M. Blaustein oversee grantmaking strategy as President and Vice President, respectively. ATAPCO handles the endowment's asset allocation and manager selection, though specific investment committee members are not publicly identified.

How does the foundation source its grantmaking opportunities?

The foundation's programmatic sourcing is deeply tied to its principals' operational involvement. Susan Blaustein founded and directs WomenStrong International, which identifies and funds women-led organizations in Ghana, Kenya, India, and Guatemala — effectively creating a proprietary pipeline of grantee partners. For domestic education grants, the foundation relies on Baltimore-based relationships and partnerships with local school systems and education reform networks, leveraging the Blaustein family's multigenerational presence in the city.

What sectors does the foundation explicitly avoid?

The foundation does not publicly maintain a formal exclusion list. However, its grantmaking is tightly concentrated in three thematic areas — educational equity, women's human rights and health, and environmental conservation — and it does not accept unsolicited proposals. This effectively excludes most other sectors from consideration. Endowment investment restrictions, if any, are not disclosed.

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