Ballem Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in N CALDWELL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $285K in total assets. In 2024, it awarded 16 grants totaling $29K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$285K
+2.4% YoY
Annual Giving
$29K
+836.2% YoY
Grant Count
16
+60.0% YoY
Avg Grant Size
$2K
+485.1% YoY
Under IRS private-foundation payout rules, Ballem Family Foundation Inc reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.
About Ballem Family Foundation Inc
Based on IRS filings
Ballem Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in N CALDWELL, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $285K in total assets. In 2024, it awarded 16 grants totaling $29K. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $284,997 | $278,323 | $273,978 |
| Revenue | $216,564 | $8,778 | $6,790 |
| Expenses | $30,425 | $4,433 | $13,978 |
| Qualifying Distributions | $29,350 | $3,135 | $13,100 |
| Net Investment Income | $7,373 | $6,931 | $5,275 |
| Distributable Amount | $23,487 | $17,734 | $16,940 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Delbarton School ($10,000), Montclair Kimberley Academy ($10,000), Boston College ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST JUDE'S CHILDREN NEW YORK, NY | CHARITY | $500 |
| WORLD VISION FEDERAL WAY, WA | CHARITY | $250 |
| BOYS TOWN BOYS TOWN, NE | CHARITY | $100 |
| SHRINERS HOSPITAL FOR CHILDREN CHICAGO, IL | CHARITY | $200 |
| KESSLER FOUNDATION EAST HANOVER, NJ | CHARITY | $1,000 |
| MOUNT SINAI HEALTH SYSTEM NEW YORK, NY | CHARITY | $1,000 |
| CALDWELL POLICE FOUNDATION CALDWELL, NJ | CHARITY | $150 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | CHARITY | $200 |
| WOUNDED WARRIOR PROJECT NEW YORK, NY | CHARITY | $150 |
| CALDWELL VOLUNTEER FIRE DEPARTMENT CALDWELL, NJ | CHARITY | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAMAMOHANARAO V BALLEM | PRESIDNET | — | — |
| ARUNA JK BALLEM | DIRECTOR | — | — |
| NAVEEN BALLEM | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ballem Family Foundation Inc?
Ballem Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in N CALDWELL, NJ. It holds $285K in total assets as of 2024.
How large is Ballem Family Foundation Inc?
As of 2024, Ballem Family Foundation Inc holds $285K in total assets with $217K in annual revenue. It awarded 16 grants totaling $29K in 2024.
Where does Ballem Family Foundation Inc operate?
Ballem Family Foundation Inc has awarded grants in District of Columbia, Illinois, Massachusetts, Maryland, Nebraska, New Jersey, New York, Ohio, Texas, Virginia, Washington.
What size grants does Ballem Family Foundation Inc award?
In 2024, Ballem Family Foundation Inc awarded 16 grants totaling $29K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Ballem Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ballem Family Foundation Inc reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ballem Family Foundation Inc's EIN?
Ballem Family Foundation Inc's EIN (Employer Identification Number) is 46-4316248. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ballem Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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