Bales Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLEN ALLEN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $394K in total assets. In 2024, it awarded 5 grants totaling $32K. Net investment income was $72K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$394K
+18.2% YoY
Annual Giving
$32K
+5.0% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$6K
-79.0% YoY
About Bales Family Foundation
Based on IRS filings
Bales Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLEN ALLEN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $394K in total assets. In 2024, it awarded 5 grants totaling $32K. Net investment income was $72K.
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 | $393,768 | $333,109 | $350,523 |
| Revenue | $98,172 | $16,370 | $75,082 |
| Expenses | $37,513 | $33,784 | $56,456 |
| Qualifying Distributions | $31,500 | $30,000 | $45,000 |
| Net Investment Income | $71,622 | $13,602 | $62,936 |
| Distributable Amount | $30,302 | $27,785 | $31,286 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM B BALES | PRESIDENT | 0.5 | — |
| MARGA L BALES | SECRETARY | 0.5 | — |
| WILLIAM B BALES II | TREASURER | 1 | — |
| MARNA BALES | DIRECTOR | 0.5 | — |
| CHARLES C BALES | VICE PRESIDENT | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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The Roth Family Foundation
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Assets
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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