Balda Family Foundation Inc

Private foundation · Grantmaker Satellite Beach, FL EIN: 26-1548705

Balda Family Foundation Inc is a private foundation, based in Satellite Beach, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 9 grants totaling $31K. Net investment income was $61K.

Balda Family Foundation Inc at a glance

In short: Balda Family Foundation Inc gave $31K across 9 grants in 2025 (avg $3K), mostly in Florida. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$30,500
+24.5% vs 2024
Grants made (2025)
9
-18.2% vs 2024
Average grant
$3,389
+52.2% vs 2024
Median grant
$1,500
Total assets
$1,707,075
+11.2% vs 2024
Primary geography
Florida (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Balda Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

University of Florida: $16KUniversity of Florida$16KFlorida State University: $5KFlorida State University$5KRollins College: $3KRollins College$3KJunior Achievement Brevard: $3KJunior Achievement Brevard$3KUniversity of South Florida: $2KUniversity of South Florida$2KBethune Cookman University: $1KBethune Cookman University$1KUniversity of West Florida: $1KUniversity of West Florida$1KFlorida Polytechnic University: $1KFlorida Polytechnic University$1KBrevard Schools Foundation: $1KBrevard Schools Foundation$1K

The largest 2025 recipient was University of Florida ($16K). Together the top 9 received $31K.

Grant Size Distribution

61 grants across all recorded years

59<$50K$50–100K$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 59 grants of 61 (97%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

MelbourneGainesvilleTallahasseeOrlandoTampaJacksonvillePrincetonCoarl GablesPensacolaRockledgeWinter ParkHurlburt FieldLakelandMiamiNew HavenSatellite BeachVieraAtlantaDaytona BeachFort Myers

How Balda Family Foundation Inc gives

  • Giving fell 97% from 2022 to 2025. Method
  • In 2025 it paid out 39% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M19 grants2019 12 grants2020 15 grants2021 15 grants2022 11 grants2023 11 grants2024 9 grants2025

From 2019 to 2025, annual grant giving ranged from $25K (2024) to $953K (2022). In 2025 it made 9 grants totaling $31K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Florida Gainesville, FLScholarships$15,500
Florida State University Tallahassee, FLScholarships$4,500
Rollins College Winter Park, FLScholarships$2,500
Junior Achievement Brevard Satellite Beach, FLBusiness Education$2,500
University of South Florida Tampa, FLScholarships$1,500
Bethune Cookman University Daytona Beach, FLScholarships$1,000
University of West Florida Hurlburt Field, FLScholarships$1,000
Florida Polytechnic University Lakeland, FLScholarships$1,000
Brevard Schools Foundation Melbourne, FLBroad Classroom Support$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,707,075$66,450$44,980$30,5009$30,500$60,643$79,000
2024$1,535,282$270,601$36,772$24,50011$24,500$56,178$73,721
2023$946,554$45,097$43,684$33,50011$33,500$40,423$65,419
2022$909,562$62,364$973,375$953,45015$960,002$48,977$99,715
2021$1,728,652$125,691$122,332$98,47915$107,501$88,116$117,782
2020$1,716,865$80,338$140,486$102,77312—$58,795$97,479
2019$1,779,660$175,951$222,564$110,40519—$162,549$106,102

Under IRS private-foundation payout rules, Balda Family Foundation Inc reported a distributable amount of $79K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Balda Family Foundation Inc is led by Katharine Balda, Director & President on the 2025 filing; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Katharine Balda

    Director & President

    New on the 2025 filing

    10 hrs/week

    No compensation reported

  • Kyle Creedon

    Director & Secretary

    Director → Secretary, 2021

    Secretary → Director & Secretary, 2025

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Robert Balda

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Trevor Mills

    Director & Treasurer

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Jennifer Mavroudakis

    Technology O

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Former officers (8)
  • Former: Kathy Mbalda (2021–2024) — Executive Director & Treasurer
  • Former: Anthony J. Balda (2019–2021) — Director
  • Former: Daniel A. Balda (2019–2021) — President
  • Former: Richard E. Balda (2019–2021) — Vice President
  • Former: Carey Gleason (2019–2020) — Director
  • Former: Hugh Normile (2019–2020) — Director
  • Former: Kathy M. Mills (2019–2020) — Secretary
  • Former: Sarah Balda (2019–2020) — Executive Di

Data from IRS Form 990 filings, 2019–2025. "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 Balda Family Foundation Inc

How much does Balda Family Foundation Inc give each year?

Balda Family Foundation Inc gave $31K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 11 grants.

What is Balda Family Foundation Inc's typical grant size?

Balda Family Foundation Inc's median grant in 2025 was $1,500, and its average grant was $3,389, across 9 grants on its 2025 IRS Form 990-PF.

Where does Balda Family Foundation Inc give grants?

Balda Family Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Balda Family Foundation Inc give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on Balda Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (7 grants).

Who are Balda Family Foundation Inc's largest grantees?

Balda Family Foundation Inc's largest 2025 grantees include University of Florida ($15,500), Florida State University ($4,500) and Rollins College ($2,500), according to its 2025 IRS Form 990-PF. Together they received 74% of its itemized 2025 grant dollars.

How large is Balda Family Foundation Inc?

Balda Family Foundation Inc reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $79K (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.

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 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS September 1, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Balda Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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