The Morton K. & Jane Blaustein Foundation

The Morton K. & Jane Blaustein Foundation

The Morton K. & Jane Blaustein Foundation carries forward a philanthropic lineage established by the Blaustein family. 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.