Ballard Family Foundation

NEW BERN, NC EIN: 56-2025731

Ballard Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW BERN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $188K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$188K

-1.5% YoY

Annual Giving

$8K

-5.5% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$2K

-5.5% YoY

Under IRS private-foundation payout rules, Ballard Family Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About Ballard Family Foundation

Based on IRS filings

Ballard Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW BERN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $188K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

MorgantownNew Bern

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$29K$43K$57K20202021202220232024
Metric202420232022
Total Assets$187,583$190,474$149,136
Revenue$10,268$51,911$6,736
Expenses$13,159$10,573$12,885
Qualifying Distributions$7,675$8,124$9,048
Net Investment Income$4,784$49,462$2,149
Distributable Amount$9,824$7,675$8,624

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$5K$7K$9K6 grants20207 grants20215 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

SALVATION ARMY$4KWEST VIRGINIA UNIVERSITY$2KCOASTAL WOMEN'S SHELTER$1KMERCI CLINIC$675

Grant Size Distribution

26 grants across all recorded years

26<$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 Salvation Army ($4,000), West Virginia University ($2,000), Coastal Women's Shelter ($1,000).

RecipientPurposeAmount
COASTAL WOMEN'S SHELTER NEW BERN, NCCOMMUNITY$1,000
MERCI CLINIC NEW BERN, NCCOMMUNITY$675
SALVATION ARMY NEW BERN, NCCOMMUNITY$4,000
WEST VIRGINIA UNIVERSITY MORGANTOWN, WVEDUCATIONAL$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
HARRY BALLARDPRESIDENT/TREASURER
DOLLY BALLARDSECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ballard Family Foundation?

Ballard Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW BERN, NC. It holds $188K in total assets as of 2024.

How large is Ballard Family Foundation?

As of 2024, Ballard Family Foundation holds $188K in total assets with $10K in annual revenue. It awarded 4 grants totaling $8K in 2024.

Where does Ballard Family Foundation operate?

Ballard Family Foundation has awarded grants in North Carolina, West Virginia.

What size grants does Ballard Family Foundation award?

In 2024, Ballard Family Foundation awarded 4 grants totaling $8K — an average of about $2K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ballard Family Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ballard Family Foundation's EIN?

Ballard Family Foundation's EIN (Employer Identification Number) is 56-2025731. 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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