James And Shirley Balk Foundation
- Assets
- $7.9m
- Revenue
- -$902.9k
- Investments
- $7.9m
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 12/1984
- Data as of
- 12/2022
- EIN
- 38-2556356
Organization Overview
James And Shirley Balk Foundation is located in Grand Rapids, MI. The organization was established in 1984. 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 the central organization for a national or regional group of organizations. James And Shirley Balk Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, James And Shirley Balk Foundation has awarded 234 individual grants totaling $5,011,108. 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
NA
NA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Balk II Trustee | 0 | $0 | |
Shirley Balk Trustee | 0 | $0 | |
James H Balk Trustee | 0 | $0 | |
Martin A Balk Trustee | 0 | $0 | |
Steven J Balk Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $321 |
| Dividends & Interest | $127,616 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,030,850 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$902,913 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $14,967 |
| Taxes | $25,802 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,707 |
| Total operating and administrative expenses | $49,075 |
| Contributions, gifts, grants paid | $1,770,350 |
| Total expenses and disbursements | $1,819,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,503 |
| 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 | $2,964,620 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,908,054 |
| 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, James And Shirley Balk Foundation has awarded $1,770,350 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL GRAND RAPIDS YOUNG LIFE PURPOSE: GENERAL SUPPORT | $3,500 |
FREDERIK MEIJER GARDENS PURPOSE: GENERAL SUPPORT | $3,000 |
GILDA'S CLUB PURPOSE: GENERAL SUPPORT | $2,500 |
GRAND RAPIDS CHRISTIAN SCHOOL PURPOSE: GENERAL SUPPORT | $10,000 |
ISJ ACADEMY PURPOSE: GENERAL SUPPORT | $350 |
HOSPICE OF MICHIGAN PURPOSE: GENERAL SUPPORT | $15,000 |