Balle Foundation
- Assets
- $1.2m
- Revenue
- $148.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- Clinton, SC
- Founding
- 06/2002
- Data as of
- 06/2024
- EIN
- 30-0080317
Organization Overview
Balle Foundation is located in Clinton, SC. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public 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. Balle 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 06/2024, Balle Foundation generated $148.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $62.8k during the year ending 06/2024. While expenses have increased by 2.6% per year over the past 6 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 2019, Balle Foundation has awarded 57 individual grants totaling $275,838. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY YMCA OF GREATER LAURENS FOR YOUTH PROGRAMS
CLINTON FAMILY YMCA FOR SCHOLARSHIPS FOR NEEDY CHILDREN
FELLOWSHIP CAMP AND CONFERENCE CENTER
PRESBYTERIAN COLLEGE FOR GRACE INITIATIVE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David E Martin Trustee | 0 | $100 | |
Leni Patterson Trustee | 0 | $100 | |
Virginia L Cartee Trustee | 0 | $100 | |
Diane B Anderson Trustee | 0 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,794 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $124,847 |
| Capital Gain Net Income | $124,847 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $148,641 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $673 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,936 |
| Contributions, gifts, grants paid | $48,838 |
| Total expenses and disbursements | $62,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217 |
| Savings and temporary cash investments | $127,541 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $890 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,181,077 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Balle Foundation has awarded $48,838 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CLINTON FAMILY YMCA PURPOSE: YOUTH MEMBERSHIP SCHOLARSHIPS FOR UNDERPRIVILEDGED | $5,000 |
FAMILY YMCA OF GREATER LAURENS PURPOSE: YOUTH MEMBERSHIP SCHOLARSHIPS | $5,000 |
FELLOWSHIP CAMP AND CONFERENCE CENT PURPOSE: PHYSICAL PROPERTY UPGRADES TABLES CHAIRS ETC | $6,738 |
HABITAT FOR HUMANITY OF LAURENS CO PURPOSE: AID CONSTRUCTION FOR SINGLE FAMILY HOMES | $5,000 |
LAURENS CO MUSEUM ASSOCIATION PURPOSE: CULTURAL ENRICHMENT AND MUSEUM OPERATIONS | $4,000 |
LAURENS LIONS CLUB PURPOSE: PURCHASE WELCH SLLYN SPOT VISION SCREENER | $5,000 |