Balso Foundation

WEST HARTFORD, CT EIN: 23-7159876

Balso Foundation is a private foundation, based in WEST HARTFORD, CT. IRS filing data is available for 2020. In 2020, it awarded 17 grants totaling $405K. Net investment income was $180K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$405K

Grant Count

17

Avg Grant Size

$24K

Under IRS private-foundation payout rules, Balso Foundation reported a distributable amount of $13K for 2020 — the minimum it must pay out in qualifying distributions.

About Balso Foundation

Based on IRS filings

Balso Foundation is a private foundation, based in WEST HARTFORD, CT. IRS filing data is available for 2020. In 2020, it awarded 17 grants totaling $405K. Net investment income was $180K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Cheshire

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$114K$228K$342K$456K2020
Metric2020
Total Assets
Revenue$182,375
Expenses$414,320
Qualifying Distributions
Net Investment Income$180,249
Distributable Amount$12,897

Giving Over Time

Total grant dollars and number of grants per year

$0$101K$202K$304K$405K17 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2020

CHESHIRE EDUCATION FOUND…$389KALYSSA MISIEWICZ$1KAMANDA ADDESSO$1KANDREW LOU$1KANTHONY CIFARELLI$1KCHLOE STULTS$1KEMILY SCHWAB$1KJORDAN TSAO$1KJORJA MARKELLA$1KLAUREN DADDI$1K

Grant Size Distribution

17 grants across all recorded years

16<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Cheshire Education Foundation Inc ($388,905), Alyssa Misiewicz ($1,000), Amanda Addesso ($1,000).

RecipientPurposeAmount
ALYSSA MISIEWICZ CHESHIRE, CTEDUCATION$1,000
AMANDA ADDESSO CHESHIRE, CTEDUCATION$1,000
ANDREW LOU CHESHIRE, CTEDUCATION$1,000
ANTHONY CIFARELLI CHESHIRE, CTEDUCATION$1,000
CHLOE STULTS CHESHIRE, CTEDUCATION$1,000
EMILY SCHWAB CHESHIRE, CTEDUCATION$1,000
JORDAN TSAO CHESHIRE, CTEDUCATION$1,000
JORJA MARKELLA CHESHIRE, CTEDUCATION$1,000
LAUREN DADDI CHESHIRE, CTEDUCATION$1,000
MARK DELLOSTRITTO CHESHIRE, CTEDUCATION$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
MICHAEL W HERLIHYCO-TRUSTEE0.1
FRANK M LOEHMANN JRMANAGING CO-TRUSTEE1

Frequently Asked Questions

Where does Balso Foundation operate?

Balso Foundation has awarded grants in Connecticut.

What size grants does Balso Foundation award?

In 2020, Balso Foundation awarded 17 grants totaling $405K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is Balso Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Balso Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Balso Foundation's EIN?

Balso Foundation's EIN (Employer Identification Number) is 23-7159876. IRS Form 990 filing data is available on this page for 2020.

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

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