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 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.
Key facts about Balda Family Foundation Inc
In short: Balda Family Foundation Inc gave $31K across 9 grants in 2025 (avg $3K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- EIN
- 26-1548705
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $30,500
- Grants made (2025)
- 9
- Average grant
- $3,389
- Median grant
- $1,500
- Total assets
- $1,707,075
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Quick answers 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 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.
Next steps with Balda Family Foundation Inc
- How to evaluate Balda Family Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.7M
+11.2% YoY
Annual Giving
$31K
+24.5% YoY
Grant Count
9
-18.2% YoY
Avg Grant Size
$3K
+52.2% YoY
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.
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 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.
Focus Areas
Ready to take the next step with Balda Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 9 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,707,075 | $1,535,282 | $946,554 |
| Revenue | $66,450 | $270,601 | $45,097 |
| Expenses | $44,980 | $36,772 | $43,684 |
| Qualifying Distributions | $30,500 | $24,500 | $33,500 |
| Net Investment Income | $60,643 | $56,178 | $40,423 |
| Distributable Amount | $79,000 | $73,721 | $65,419 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS September 1, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF FLORIDA Gainesville, FL | SCHOLARSHIPS | $15,500 |
| FLORIDA STATE UNIVERSITY Tallahassee, FL | SCHOLARSHIPS | $4,500 |
| ROLLINS COLLEGE Winter Park, FL | SCHOLARSHIPS | $2,500 |
| JUNIOR ACHIEVEMENT BREVARD Satellite Beach, FL | BUSINESS EDUCATION | $2,500 |
| UNIVERSITY OF SOUTH FLORIDA Tampa, FL | SCHOLARSHIPS | $1,500 |
| BETHUNE COOKMAN UNIVERSITY Daytona Beach, FL | SCHOLARSHIPS | $1,000 |
| UNIVERSITY OF WEST FLORIDA Hurlburt Field, FL | SCHOLARSHIPS | $1,000 |
| FLORIDA POLYTECHNIC UNIVERSITY Lakeland, FL | SCHOLARSHIPS | $1,000 |
| BREVARD SCHOOLS FOUNDATION Melbourne, FL | BROAD CLASSROOM SUPPORT | $1,000 |
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.
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 $1.7M in total assets as of 2025.
How large is Balda Family Foundation Inc?
As of 2025, Balda Family Foundation Inc holds $1.7M in total assets with $66K in annual revenue. It awarded 9 grants totaling $31K in 2025.
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 2025, Balda Family Foundation Inc reported a distributable amount of $79K 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 2019–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.