Bala Cares Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SELMER, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it made $737 in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4K
+0.0% YoY
Revenue
$2K
-19.0% YoY
Qualifying Distributions
$737
Expenses
$737
Under IRS private-foundation payout rules, Bala Cares Foundation reported a distributable amount of $212 for 2024 — the minimum it must pay out in qualifying distributions.
About Bala Cares Foundation
Based on IRS filings
Bala Cares Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SELMER, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it made $737 in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,306 | $4,306 | $2,906 |
| Revenue | $1,620 | $2,000 | $62,325 |
| Expenses | $737 | — | $60,270 |
| Qualifying Distributions | $737 | — | $60,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $212 | $201 | $162 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAKSHMANAN GANAPATHY | PRESIDENT | — | — |
| GAIL SHULTZ | SECRETARY | — | — |
| CHARLENE HAWKINS | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bala Cares Foundation?
Bala Cares Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SELMER, TN. It holds $4K in total assets as of 2024.
How large is Bala Cares Foundation?
As of 2024, Bala Cares Foundation holds $4K in total assets with $2K in annual revenue.
How much is Bala Cares Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bala Cares Foundation reported a distributable amount of $212 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bala Cares Foundation's EIN?
Bala Cares Foundation's EIN (Employer Identification Number) is 62-1763812. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bala Cares Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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