Balle Foundation
- Assets
- $996.8k
- Revenue
- $84.8k
- Investments
- $852.0k
- Employees
- 0
- Location
- Clinton, SC
- Founding
- 06/2002
- Data as of
- 06/2022
- 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 06/2022, Balle Foundation generated $84.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $62.8k during the year ending 06/2022. While expenses have increased by 2.2% 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 36 individual grants totaling $176,200. 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
2022
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
LAURENS COUNTY MEMORIAL HOME FOR THE AGED
PRESBYTERIAN COLLEGE FOR GRACE INITIATIVE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane B Anderson Trustee | 0 | $100 | |
David E Martin Trustee | 0 | $100 | |
Leni Patterson Trustee | 0 | $100 | |
Virginia L Cartee Trustee | 0 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,862 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $66,907 |
| Capital Gain Net Income | $66,907 |
| Net ST Capital Gain | $310 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $43 |
| Total Revenue | $84,812 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,039 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,620 |
| Contributions, gifts, grants paid | $48,200 |
| Total expenses and disbursements | $62,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $783 |
| Savings and temporary cash investments | $143,228 |
| 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 | $717 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $996,771 |
| 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 $48,200 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
PRESBYTERIAN COLLEGE PURPOSE: COLLEGES GRACE INITIATIVE | $8,000 |
LAURENS COUNTY MEMORIAL HOME PURPOSE: SUPPORT FOR LOW INCOMESENIOR HOUSING | $5,700 |
LAURENS FAMILY YMCA PURPOSE: YOUTH MEMBERSHIP SCHOLARSHIPS | $5,000 |
ROTARY CLUB OF LAURENS PURPOSE: PROVIDE FOOD TO EB MORSE ELEMENTARY SCH CHILDREN | $5,000 |
HABITAT FOR HUMANITY OF LAURENS CO PURPOSE: PURCHASE OF NECESSARY SUPPLIES AND EQUIPMENT | $5,000 |
FELLOWSHIP CAMP AND COMFERENCE PURPOSE: ENHANCING ACTIVE AND PASSIVE RECREATIONAL PROGRAMS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Shepherd Center Foundation Inc Atlanta, GA | $141,754,007 | $86,686 |
Camino Community Development Corporation Inc Charlotte, NC | $3,342,143 | $5,457,630 |
Make-A-Wish Foundation Of Georgia Inc Atlanta, GA | $3,516,569 | $5,599,948 |
Pbsa Community Engagement Inc Atlanta, GA | $11,515,237 | $4,451,967 |
Vertuassets Foundation Inc Alpharetta, GA | $9,269,385 | $6,216,167 |
Cherokee Preservation Foundation Inc Cherokee, NC | $54,218,085 | $8,542,068 |
Bruce Barclay Cameron Foundation Inc Wilmington, NC | $54,642,091 | $12,592,781 |
School Of Government Foundation Inc Chapel Hill, NC | $45,503,923 | $4,914,270 |