Balance for Freedom Inc
Balance for Freedom Inc is a private foundation, based in Fort Lauderdale, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $19.7M in total assets. In 2025, it awarded 2 grants totaling $200K. Net investment income was $101K.
Key facts about Balance for Freedom Inc
In short: Balance for Freedom Inc gave $200K across 2 grants in 2025 (avg $100K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- EIN
- 81-0899116
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $200,000
- Grants made (2025)
- 2
- Average grant
- $100,000
- Median grant
- $100,000
- Total assets
- $19,708,384
- Primary geography
- Maine (50% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$19.7M
+44.2% YoY
Annual Giving
$200K
+0.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$100K
+0.0% YoY
Under IRS private-foundation payout rules, Balance for Freedom Inc reported a distributable amount of $866K for 2025 — the minimum it must pay out in qualifying distributions.
How Balance for Freedom Inc gives
- In 2025 it paid out 23% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Balance for Freedom Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $200K (2024) to $200K (2025). In 2025 it made 2 grants totaling $200K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Building Our Future - the Campaign for MDI Hospital ($100K). Together the top 2 received $200K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 4 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Building Our Future - the Campaign for MDI Hospital Bar Harbor, ME | Support for Sorolla Exhibition | $100,000 |
| The Palm Beach Police and Fire Foundation Palm Beach, FL | To Support Education Program in Hungary | $100,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $19,708,384 | $13,664,561 | $6,633,231 |
| Revenue | $100,295 | $80,554 | $46,100 |
| Expenses | $202,894 | $202,093 | $1,727 |
| Qualifying Distributions | $201,222 | $200,883 | $1,226 |
| Net Investment Income | $100,536 | $79,866 | $42,722 |
| Distributable Amount | $865,784 | $494,447 | $322,512 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
Leadership & Key People
Officers and directors from IRS filings
Balance for Freedom Inc is led by Thomas Peterffy, Chairman & CEO since 2021 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas Peterffy
Chairman & CEO
Chairman & President → Chairman & CEO, 2021
On filings since 2020
No compensation reported
Christopher R. Uzpen
Director & Secretary
Secretary & Treasurer → Director & Secretary, 2021
On filings since 2020
No compensation reported
Earl H. Nemser
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Balance for Freedom Inc
How much does Balance for Freedom Inc give each year?
Balance for Freedom Inc gave $200K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $200K across 2 grants.
How large is Balance for Freedom Inc?
Balance for Freedom Inc reported $19.7M in total assets on its 2025 IRS Form 990-PF. It paid out $201K in qualifying distributions that year, against a required minimum of $866K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Balance for Freedom Inc operate?
Balance for Freedom Inc has awarded grants in District of Columbia, Florida, Maine.
What is Balance for Freedom Inc's EIN?
Balance for Freedom Inc's EIN (Employer Identification Number) is 81-0899116. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Balance for Freedom Inc by hand.
Explore Open Grants
Browse active grant opportunities in Balance for Freedom Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Charles & Joan Moore Family
Chicago, IL
Assets
$526K
Grants
1
Total Given
$5K
The Jeff and Nicola Marcus Foundation
Palm Beach, FL
Assets
$963K
Grants
7
Total Given
$151K
The Stephen E Myers Family Foundation
West Palm Beach, FL
The Stephen E Myers Family Foundation funds organizations supporting children and families, wildlife conservation, and people with disabilities or health needs. Its 2025 grants ranged from $5,000 to $120,000, with a median of $17,500; most funding went to Florida, with some grants elsewhere. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$2.0M
Grants
8
Total Given
$305K
The Joan B and Richard L Barovick
Palm Beach Gardens, FL
The foundation’s 2023 grants supported organizations in areas including health, research, education, religion, animal adoption, and public broadcasting, with 89% of funding going to Florida. It made 11 grants totaling $31,826, ranging from $20 to $15,000, with a median of $1,000. It said it funded only preselected organizations and did not accept unsolicited requests; its 2023 filing was marked as a final return.
Assets
$32K
Grants
11
Total Given
$32K
Marsha and Jeffrey Perelman
Wynnewood, PA
The foundation supports arts and cultural institutions, education, homelessness services, health, and other charitable needs, with 2025 grants ranging from $500 to $431,667 and a median of $10,000. Its 2025 grant dollars went primarily to New York organizations, with the rest largely going to Pennsylvania. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$9.0M
Grants
11
Total Given
$528K
Lesnik Charitable Foundation
Northbrook, IL
The Lesnik Charitable Foundation supports preselected charities working in areas including education and scholarships, health care, social services, research, and public safety, with most of its 2025 grant dollars going to Illinois organizations and others in four states. Its 2025 grants ranged from $2,000 to $41,667, with a median of $5,000; it does not accept unsolicited requests.
Assets
$873K
Grants
11
Total Given
$134K
Katz Family Foundation Inc
Palm Beach, FL
The Katz Family Foundation supports a range of charitable, cultural, health, and community organizations, with 2025 grants going to recipients in New York and Florida. Grants ranged from $200 to $50,000, with a median of $6,750. The profile does not state whether it accepts unsolicited requests.
Assets
$2.0M
Grants
12
Total Given
$121K
Bruce and Cynthia Sherman
West Palm Beach, FL
The foundation supports education and media, efforts addressing antisemitism, medical causes, and Sherman Prize awards, with 2025 grants ranging from $950 to $250,000 and a median of $18,000. It is based in West Palm Beach, Florida, and its 2025 grants went to recipients in several states, led by Massachusetts; it gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$29.1M
Grants
14
Total Given
$819K
Schwartzberg Foundation Inc
Haddonfield, NJ
Assets
$21K
Grants
19
Total Given
$14K
The William Beau Wrigley Jr
Chicago, IL
The William Beau Wrigley Jr Foundation’s grants span arts, health, community services, and advocacy, with 2024 recipients in California, Florida, New York, Wisconsin, and Kansas. Its 2024 grants totaled about $1.21 million across 21 organizations, with listed awards ranging from $25,000 to $103,645. It funds only preselected charities and does not accept unsolicited requests.
Assets
$10.2M
Grants
21
Total Given
$1.2M
Gerald and Olivia Shapiro Family
Boca Raton, FL
The Gerald and Olivia Shapiro Family funds arts, education, Jewish organizations, health, and programs for people with disabilities, with 2025 grants ranging from $1,000 to $115,000 and a median of $5,000. Its giving went mainly to organizations in Illinois and Florida, with smaller grants to New York and Washington, DC. It supports only preselected organizations and does not accept unsolicited requests.
Assets
$5.5M
Grants
22
Total Given
$373K
The Ellen and Ian Graham Foundation Inc
Palm Beach, FL
The Ellen and Ian Graham Foundation supports arts and cultural organizations, medical research and well-being, education, and community services. Its 2024 grants ranged from $5,000 to $1.4 million, with a median of $22,350, and went primarily to recipients in Florida and Nebraska. The profile does not state whether it accepts unsolicited requests.
Assets
$63.7M
Grants
22
Total Given
$3.4M
More Funders in Florida
Balance for Freedom Inc down — hundreds of funders to go?