Balda Family Foundation Inc
Balda Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SATELLITE BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 11 grants totaling $25K. Net investment income was $56K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+62.2% YoY
Annual Giving
$25K
-26.9% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$2K
-26.9% YoY
Under IRS private-foundation payout rules, Balda Family Foundation Inc reported a distributable amount of $74K for 2024 — the minimum it must pay out in qualifying distributions.
About Balda Family Foundation Inc
Based on IRS filings
Balda Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SATELLITE BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 11 grants totaling $25K. Net investment income was $56K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,535,282 | $946,554 | $909,562 |
| Revenue | $270,601 | $45,097 | $62,364 |
| Expenses | $36,772 | $43,684 | $973,375 |
| Qualifying Distributions | $24,500 | $33,500 | $960,002 |
| Net Investment Income | $56,178 | $40,423 | $48,977 |
| Distributable Amount | $73,721 | $65,419 | $99,715 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Florida ($9,000), Florida Institude of Technology ($3,000), University of North Florida ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF FLORIDA GAINESVILLE, FL | SCHOLARSHIPS | $9,000 |
| FLORIDA INSTITUDE OF TECHNOLOGY MELBOURNE, FL | SCHOLARSHIPS | $3,000 |
| FLORIDA STATE UNIVERSITY TALLAHASSEE, FL | SCHOLARSHIPS | $1,000 |
| UNIVERSITY OF NORTH FLORIDA JACKSONVILLE, FL | SCHOLARSHIPS | $3,000 |
| BETHUNE COOKMAN DAYTONA BEACH, FL | SCHOLARSHIPS | $1,000 |
| FIU MIAMI, FL | SCHOLARSHIPS | $1,000 |
| ROLLINS COLLEGE WINTER PARK, FL | SCHOLARSHIPS | $1,500 |
| FLORIDA POLYTECHNIC LAKELAND, FL | SCHOLARSHIPS | $1,000 |
| UNIVERSITY OF SOUTH FLORIDA TAMPA, FL | SCHOLARSHIPS | $1,500 |
| UNIVERSITY OF WEST FLORIDA HURLBURT FIELD, FL | SCHOLARSHIPS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHY MBALDA | EXEC DIR/TRE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Balda Family Foundation Inc?
Balda Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SATELLITE BEACH, FL. It holds $1.5M in total assets as of 2024.
How large is Balda Family Foundation Inc?
As of 2024, Balda Family Foundation Inc holds $1.5M in total assets with $271K in annual revenue. It awarded 11 grants totaling $25K in 2024.
Where does Balda Family Foundation Inc operate?
Balda Family Foundation Inc has awarded grants in Arizona, Connecticut, Florida, New Jersey.
What size grants does Balda Family Foundation Inc award?
In 2024, Balda Family Foundation Inc awarded 11 grants totaling $25K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Balda Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Balda Family Foundation Inc reported a distributable amount of $74K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Balda Family Foundation Inc's EIN?
Balda Family Foundation Inc's EIN (Employer Identification Number) is 26-1548705. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Balda Family Foundation Inc'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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