The Hazel & Walter T Bales Foundation Inc

Organization Overview

The Hazel & Walter T Bales Foundation Inc is located in Jeffersonville, IN. The organization was established in 1989. 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. Hazel & Walter T Bales Foundation Inc 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 12/2022, Hazel & Walter T Bales Foundation Inc generated $611.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Hazel & Walter T Bales Foundation Inc has awarded 278 individual grants totaling $4,636,747. 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

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALL ACTIVITES WERE DONATIONS TO CHARITABLE ORGANIZATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Judy Adamson
Secretary
$0
Lori Lewis
Executive Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $369,747
Net Rental Income$0
Net Gain on Sale of Assets $216,305
Capital Gain Net Income $216,305
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $611,728

Grants Awarded

Over the last fiscal year, The Hazel & Walter T Bales Foundation Inc has awarded $928,500 in support to 39 organizations.

Grant RecipientAmount

PERSONAL COUNSELING

PURPOSE: GENERAL

$191,000

RECENTER

PURPOSE: GENERAL

$100,000

EASTSIDE PRAISE MINISTRY

PURPOSE: GENERAL

$70,000

OAK PARK BAPTIST CHURCH

PURPOSE: GENERAL

$50,000

CHOICES LIFE RESOURCES

PURPOSE: GENERAL

$50,000

GREATER CLARK EDUCATION FOUNDATION

PURPOSE: GENERAL

$50,000
View Grant Profile

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