The@betty And Leo Balzereit Foundation

Organization Overview

The@betty And Leo Balzereit Foundation is located in Philadelphia, PA. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. The@betty And Leo Balzereit Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, The@betty And Leo Balzereit Foundation generated $589.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $565.5k during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, The@betty And Leo Balzereit Foundation has awarded 30 individual grants totaling $505,200. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $238,594
Net Rental Income$0
Net Gain on Sale of Assets $350,790
Capital Gain Net Income $350,790
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $589,384

Grants Awarded

Over the last fiscal year, The@betty And Leo Balzereit Foundation has awarded $505,200 in support to 30 organizations.

Grant RecipientAmount

JESUS HOUSE OF HOPE

Org PageRecipient Profile

Stuart, FL

PURPOSE: SUPPORT FOR PROJECT HOPE

$25,000

FAMILY CRISIS CENTER OF BALTIMORE COUNTY

PURPOSE: DOMESTIC VIOLENCE EMERGENCY

$25,000

OLNEY HIGH SCHOOL ALUMNI ASSOCIATION

Org PageRecipient Profile

Elkins Park, PA

PURPOSE: 2021 GRANT FOR STUDENT

$25,000

Philadelphia, PA

PURPOSE: FOR YOUNG FAMILIES

$25,000

VETERANS MULTI-SERVICE CENTER INC

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: VETERANS DAY SERVICE CENTER

$20,000

FRIENDS IN SERVICE TO HUMANITY OF

PURPOSE: FISH NWCT HOMELESS SHELTER

$20,000
View Grant Profile

Peer Organizations

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