Balestrieri Family Foundation Inc

ELKHORN, WI EIN: 46-4048389

Balestrieri Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELKHORN, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $136K in total assets. In 2024, it awarded 13 grants totaling $35K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$136K

+23.5% YoY

Annual Giving

$35K

+17.0% YoY

Grant Count

13

+8.3% YoY

Avg Grant Size

$3K

+8.0% YoY

Under IRS private-foundation payout rules, Balestrieri Family Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Balestrieri Family Foundation Inc

Based on IRS filings

Balestrieri Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELKHORN, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $136K in total assets. In 2024, it awarded 13 grants totaling $35K. Net investment income was $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AftonBeloitBoulder JctColumbiaCross PlainsEagle RiverElkhornEllison BayGreen BayLincolnshireLitchfieldMadisonManitowish WatersMilwaukeeMukwonagoNecedahNekoosaTwin LakesWhitewater

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$57K$85K$114K20202021202220232024
Metric202420232022
Total Assets$136,095$110,154$99,201
Revenue$103,199$37,146$25,270
Expenses$72,416$31,235$9,809
Qualifying Distributions$35,450$30,293$9,200
Net Investment Income$13,271$1,943$5,270
Distributable Amount$7,108$4,878$4,817

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$27K$35K6 grants202016 grants202110 grants202212 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ELKHORN AREA SCHOOL DIST…$17KELKHORN TRAP TEAM$5KLAUDERDALE LAKE LAKE MAN…$5KSOUTHERN WAKES UNITED$4KWIDE OPEN WISCONSIN AVAL…$2KLAUDERDALE LAKES YACHT C…$1KLAUDERDALE-LAGRANGE FIRE…$500AQUANUT WATER SHOW$300BOULDER JCT COMMUNITY FO…$250MATHESON MEMORIAL LIBRARY$250

Grant Size Distribution

57 grants across all recorded years

57<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Elkhorn Area School District ($16,850), Elkhorn Trap Team ($5,200), Lauderdale Lake Lake Management District ($5,000).

RecipientPurposeAmount
AQUANUT WATER SHOW TWIN LAKES, WIPUBLIC CHARITY GIFT$300
BOULDER JCT COMMUNITY FOUNDATION BOULDER JCT, WIPUBLIC CHARITY GIFT$250
CITY OF ELKHORN ELKHORN, WIPUBLIC CHARITY GIFT$200
ELKHORN AREA SCHOOL DISTRICT ELKHORN, WIPUBLIC CHARITY GIFT$16,850
ELKHORN TRAP TEAM EAGLE RIVER, WIPUBLIC CHARITY GIFT$5,200
FRIENDS OF LAKELAND SCHOOL ELKHORN, WIPUBLIC CHARITY GIFT$100
LAUDERDALE LAKE LAKE MANAGEMENT DISTRICT EAGLE RIVER, WIPUBLIC CHARITY GIFT$5,000
LAUDERDALE LAKES YACHT CLUB ELKHORN, WIPUBLIC CHARITY GIFT$1,000
LAUDERDALE-LAGRANGE FIRE DEPARTMENT WHITEWATER, WIPUBLIC CHARITY GIFT$500
MATHESON MEMORIAL LIBRARY ELKHORN, WIPUBLIC CHARITY GIFT$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KENNETH R BALESTRIERIPRESIDENT1
CYNTHIA K BALESTRIERIVICE PRESIDENT1
JESSICA BALESTRIERISECRETARY\TREASURER2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Balestrieri Family Foundation Inc?

Balestrieri Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELKHORN, WI. It holds $136K in total assets as of 2024.

How large is Balestrieri Family Foundation Inc?

As of 2024, Balestrieri Family Foundation Inc holds $136K in total assets with $103K in annual revenue. It awarded 13 grants totaling $35K in 2024.

Where does Balestrieri Family Foundation Inc operate?

Balestrieri Family Foundation Inc has awarded grants in Illinois, Missouri, Wisconsin, Wyoming.

What size grants does Balestrieri Family Foundation Inc award?

In 2024, Balestrieri Family Foundation Inc awarded 13 grants totaling $35K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Balestrieri Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Balestrieri Family Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Balestrieri Family Foundation Inc's EIN?

Balestrieri Family Foundation Inc's EIN (Employer Identification Number) is 46-4048389. IRS Form 990 filing data is available on this page for 2020–2024.

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

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