Bales Family Foundation
- Assets
- $28.4k
- Revenue
- $356.0
- Investments
- $1.2k
- Employees
- 0
- Location
- Manhattan Beach, CA
- Founding
- 02/1998
- Data as of
- 12/2022
- EIN
- 95-4658563
Organization Overview
Bales Family Foundation is located in Manhattan Beach, CA. The organization was established in 1998. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Bales 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 12/2022, Bales Family Foundation generated $356.0 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 (33.1%) each year. All expenses for the organization totaled $8.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (25.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bales Family Foundation has awarded 53 individual grants totaling $193,650. 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 |
|---|---|---|---|
Susan N Bales CEO | 0 | $0 | |
Andrew M Goldstein Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $303 |
| Dividends & Interest | $53 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $356 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $995 |
| Contributions, gifts, grants paid | $7,700 |
| Total expenses and disbursements | $8,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,172 |
| 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 | $1,183 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $28,355 |
| 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, Bales Family Foundation has awarded $7,700 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION B'NAI ISRAEL PURPOSE: FOR CONTINUING PROGRAMS | $500 |
SOLSTICE PROJECT PURPOSE: RESEARCH ON CHACO CANYON AND OTHER IMPORTANT NATIVE SITES | $1,000 |
UCLA FOUNDATION PURPOSE: TO ESTABLISH THE LUSKIN-GOLDSTEIN SCHOLARS ACTIVISTS PROGRAM | $1,000 |
SANTA FE LITERARY FESTIVAL PURPOSE: FOR CONTINUING PROGRAMS | $500 |
ROSENWALD PARK CAMPAIGN PURPOSE: TO SUPPORT THE CONSERVATION AND REPURPOSING OF ROSENWALD SCHOOLS AS COMMUNITY CENTERS | $1,000 |
NATIONAL PARKS CONSERVATION ASSOCIA PURPOSE: FOR CONTINUING PROGRAMS | $500 |