Ts & Juanita Ballance Foundation
- Assets
- $9.8m
- Revenue
- $282.1k
- Investments
- $9.5m
- Employees
- 0
- Location
- Decatur, IL
- Founding
- 08/2009
- Data as of
- 12/2022
- EIN
- 26-4741427
Organization Overview
Ts & Juanita Ballance Foundation is located in Decatur, IL. The organization was established in 2009. 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. Ts & Juanita Ballance 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 12/2022, Ts & Juanita Ballance Foundation generated $282.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $870.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ts & Juanita Ballance Foundation has awarded 192 individual grants totaling $4,973,604. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori A Massutti Director | 1 | $0 | |
Charlotte A Ballance Director | 1 | $18,000 | |
Bolen Robinson Ellis Llp Director | 1 | $18,000 | |
Katherine Haussermann Director | 1 | $7,500 | |
Victoria Ochoa Director | 1 | $7,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $249,969 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,071 |
| Capital Gain Net Income | $32,071 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10 |
| Total Revenue | $282,050 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $51,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,846 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $59,859 |
| Total operating and administrative expenses | $210,335 |
| Contributions, gifts, grants paid | $659,830 |
| Total expenses and disbursements | $870,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,259 |
| Savings and temporary cash investments | $264,702 |
| 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 | $9,832,835 |
| 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, Ts & Juanita Ballance Foundation has awarded $659,830 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES PURPOSE: CHARITABLE | $20,000 |
DECATUR HOUSE OF PRAYER PURPOSE: CHARITABLE | $10,500 |
FRIENDS OF RUSH CREEK CEMETERY INC PURPOSE: CHARITABLE | $2,000 |
GIRL SCOUTS OF CENTRAL ILLINOIS PURPOSE: CHARITABLE | $10,000 |
GOD'S SHELTER OF LOVE PURPOSE: CHARITABLE | $5,000 |
GOOD SAMAITAN INN PURPOSE: CHARITABLE | $25,000 |