Ballard Family Foundation

Organization Overview

Ballard Family Foundation is located in New Bern, NC. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ballard Family 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, Ballard Family Foundation generated $16.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $12.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTRIBUTIONS TO VARIOUS CHARITIES


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Board, Officers & Key Employees

Name (title)Compensation
Harry Ballard
President/treasurer
$0
Dolly Ballard
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $750
Interest on Savings $0
Dividends & Interest $5,417
Net Rental Income$0
Net Gain on Sale of Assets $10,376
Capital Gain Net Income $10,376
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $16,543

Grants Awarded

Over the last fiscal year, Ballard Family Foundation has awarded $7,990 in support to 7 organizations.

Grant RecipientAmount

New Bern, NC

PURPOSE: COMMUNITY

$2,500

SALVATION ARMY

PURPOSE: COMMUNITY

$1,990

RELIGIOUS COMMUNITY SERVICES

PURPOSE: COMMUNITY

$1,000

WEST VIRGINIA UNIVERSITY

Org PageRecipient Profile

Morgantown, WV

PURPOSE: EDUCATIONAL

$1,000

COASTAL WOMEN'S SHELTER

Org PageRecipient Profile

New Bern, NC

PURPOSE: COMMUNITY

$500

FIRST PRESBYTERIAN CHURCH

PURPOSE: RELIGIOUS

$500
View Grant Profile

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