Balay Ko Foundation
- Assets
- $139.4m
- Revenue
- $3.1m
- Investments
- $124.9m
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- Data as of
- 11/2023
- EIN
- 87-3998943
Organization Overview
Balay Ko Foundation is located in Santa Barbara, CA. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Balay Ko 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 11/2023, Balay Ko Foundation generated $3.1m in total revenue. All expenses for the organization totaled $7.1m during the year ending 11/2023.
Since 2022, Balay Ko Foundation has awarded 27 individual grants totaling $14,140,493. 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 |
|---|---|---|---|
Amie Godfrey President | 0 | $0 | |
Scott M Godfrey Secretary | 0 | $0 | |
Karen Obert Treasurer | 8 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,994,344 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$925,646 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,198 |
| Total Revenue | $3,074,896 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $84,897 |
| Pension plans, employee benefits | $5,303 |
| Interest | $0 |
| Taxes | $58,356 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,859 |
| Printing and publications | $0 |
| Other expenses | $17,709 |
| Total operating and administrative expenses | $430,124 |
| Contributions, gifts, grants paid | $6,698,280 |
| Total expenses and disbursements | $7,128,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,008 |
| Savings and temporary cash investments | $11,334,911 |
| 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 | $1,500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $124,896,574 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,673,669 |
| Total assets | $139,417,162 |
| 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, Balay Ko Foundation has awarded $6,698,280 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
DIGNITYMOVES PURPOSE: GENERAL SUPPORT | $3,223,533 |
EAST SAN GABRIEL VALLEY COALITION PURPOSE: GENERAL SUPPORT | $75,000 |
EL CAMINO HOMELESS ORGANIZATION PURPOSE: GENERAL SUPPORT | $220,000 |
FIRST PRESBYTERIAN CHURCH OF HOLLYWOOD PURPOSE: GENERAL SUPPORT | $286,966 |
FOOD BANK OF SANTA BARBARA PURPOSE: GENERAL SUPPORT | $718,000 |
GOOD SAMARITAN SHELTER PURPOSE: GENERAL SUPPORT | $355,000 |