Endowment / Foundation

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The Morton K. & Jane Blaustein Foundation

The Morton K. & Jane Blaustein Foundation carries forward a philanthropic lineage established by the Blaustein family, whose wealth originated with Louis...

The Morton K. & Jane Blaustein Foundation logo

The Morton K. & Jane Blaustein Foundation

The Morton K. & Jane Blaustein Foundation carries forward a philanthropic lineage established by the Blaustein family, whose wealth originated with Louis Blaustein and his son Jacob, founders of the American Oil Company. AMOCO merged with BP in 1998. Morton Blaustein, Jacob's son, and his wife Jane established the foundation, which is now governed by their children, including Jeanne P. Blaustein, Susan M. Blaustein, and Peter E. Bokor. The foundation operates within the Blaustein Philanthropic Group, a collaborative of family foundations based in Baltimore. The foundation pursues a dual posture in deploying capital. Its core function is a traditional grantmaking operation focused on educational equity, human rights promotion — particularly for women and girls — and environmental health. The foundation's reported strategy also includes venture capital allocations. This typically involves program-related investments (PRIs) and mission-related investments (MRIs) drawn from the endowment, backing early-stage companies and funds aligned with its focus areas. Geographic reach extends domestically across the United States and into specific international programs, particularly in South Asia for girls' education and reproductive health initiatives. Jeanne P. Blaustein, a clinical psychologist, leads the board alongside her sister Susan and brother-in-law Peter Bokor, maintaining tight family governance over the foundation's direction. The Blaustein Philanthropic Group coordinates shared staff and grantmaking processes with the related Jacob and Hilda Blaustein Foundation, amplifying administrative efficiency across the family's charitable vehicles. The family retains ownership of The Blaustein Building, a commercial property at 10 East Baltimore Street, which serves as an anchor asset in the city. The foundation is a member of the Maryland Philanthropy Network. A distinguishing structural feature is the foundation's placement within a cohort of sibling family foundations operating under one collaborative group. While many oil-fortune foundations adopted large professionalized boards, the Blausteins have maintained multigenerational family trustees in active governance roles. This allows the foundation to commit to long-term, often advocacy-focused grants — in areas such as reproductive rights — that professionally managed institutions might avoid due to political risk. The venture capital allocation further distinguishes it from a purely grantmaking foundation, using endowment assets to directly invest in for-profit solutions in its targeted sectors.

General information

Firm type

Endowment / Foundation

Location

Region

North America

Country

United States

City

Baltimore

Corporate office

Baltimore, MD, United States

Principals

Jeanne P. Blaustein

Trustee and President

Susan M. Blaustein

Trustee and Vice President

Peter E. Bokor

Trustee and Vice President

Alan Berlow

Trustee and Vice President

Sector focus

EducationHuman Rights & Social JusticeEnvironmentHealthcare ServicesVenture Capital

Frequently asked questions

What is the origin of the wealth behind the Morton K. & Jane Blaustein Foundation?

The wealth originates from the American Oil Company (AMOCO), founded by Louis Blaustein and his son Jacob Blaustein. Jacob Blaustein later merged AMOCO with Standard Oil of Indiana, and the combined entity became a major integrated oil company. BP ultimately acquired AMOCO in 1998. Morton Blaustein, Jacob's son, and his wife Jane established the foundation to deploy a portion of the family's wealth philanthropically.

How is the Morton K. & Jane Blaustein Foundation related to other Blaustein foundations?

It operates under the umbrella of the Blaustein Philanthropic Group, a collaborative of family foundations based in Baltimore. The most closely related entity is the Jacob and Hilda Blaustein Foundation, which shares office space, governance practices, and often co-funds initiatives. This structure allows the family to pool administrative resources and coordinate grantmaking across different fields of interest while maintaining separate legal endowments.

Does the Blaustein Foundation make venture capital investments?

Yes. In addition to traditional grantmaking, the foundation reports a venture capital allocation. This typically functions through program-related investments or mission-related investments from the endowment, seeking to back for-profit companies, funds, or financial intermediaries whose work aligns with the foundation's programmatic goals in education, human rights, and environmental health.

Who makes the investment and grant decisions at the foundation?

The governing board of trustees makes all major decisions. Jeanne P. Blaustein serves as President and Trustee, working alongside Vice Presidents Susan M. Blaustein, Peter E. Bokor, and Alan Berlow. The board structure is tightly held by direct descendants of Jacob Blaustein, maintaining a concentrated family governance model rather than an independent professionalized committee.

What is the foundation's geographic focus?

The foundation funds both domestically in the United States and internationally. A significant portion of international grantmaking targets South Asia, with a particular emphasis on India, supporting programming for girls' education and reproductive health. Domestically, grants concentrate on the Mid-Atlantic region, particularly Baltimore, where the family has maintained a commercial and philanthropic presence for over a century.

Does the Blaustein Foundation co-invest or collaborate with other funders?

It collaborates frequently through its membership in the Maryland Philanthropy Network and Philanthropy New York. Most joint work happens internally within the Blaustein Philanthropic Group, where it co-invests grants and potentially direct investments with the Jacob and Hilda Blaustein Foundation and other family vehicles. This internal syndication allows the family to concentrate its financial weight on larger institutional-scale commitments.

How does the foundation's posture on advocacy differ from other large foundations?

Because the board remains controlled by the founding family, the foundation has demonstrated a willingness to fund advocacy and policy work in politically sensitive areas. For example, the foundation has been an explicit funder of reproductive rights and justice organizations, including legal advocacy groups. This posture benefits from the insulating effect of multigenerational family control, which allows leadership to accept controversy risk that professionalized, university-tethered, or corporate-philanthropy boards might avoid.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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