Joseph A Baloga Tr is located in Groton, CT. The organization was established in 2016. 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. Joseph A Baloga Tr 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 12/2023, Joseph A Baloga Tr generated $34.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $116.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Joseph A Baloga Tr has awarded 49 individual grants totaling $818,409. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,477 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,899 |
| Capital Gain Net Income | $27,899 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,376 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,855 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,155 |
| Contributions, gifts, grants paid | $110,464 |
| Total expenses and disbursements | $116,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $475,186 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $475,186 |
| 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 |
Over the last fiscal year, Joseph A Baloga Tr has awarded $110,464 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
GROTON MEMORIAL LIBRARY PURPOSE: SUPPORT THEIR CHARITABLE MISSION | $200 |
BOXES TO BOOTS PURPOSE: SUPPORT THEIR CHARITABLE MISSION | $1,000 |
STONE COAST COMMUNITY CHURCH PURPOSE: SUPPORT THEIR CHARITABLE MISSION | $100,000 |
ALICIA'S ANGELS PURPOSE: SUPPORT THEIR CHARITABLE MISSION | $5,000 |
HOPE FOR OUR SISTERS INC PURPOSE: SUPPORT THEIR CHARITABLE MISSION | $2,500 |
STEPS INC PURPOSE: SUPPORT THEIR CHARITABLE MISSION | $500 |