Directed Balloun Family Foundation

Foundation · Grantmaker Henderson, NV EIN: 58-6381081

Directed Balloun Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Henderson, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.6M in total assets. In 2024, it awarded 56 grants totaling $582K. Net investment income was $1.1M.

Key facts about Directed Balloun Family Foundation

EIN
58-6381081
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$581,700
Grants made (2024)
56
Average grant
$10,388
Median grant
$6,000
Total assets
$15,598,685
Primary geography
Georgia (58% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Directed Balloun Family Foundation funds

By grant dollars, the top recipient states for Directed Balloun Family Foundation's 56 itemized 2024 grants were Georgia (58%) and North Carolina (28%). The most frequent recipient cities were Wilmington, NC (20 grants), Atlanta, GA (17 grants) and Brookhaven, GA (3 grants). 100% of grants with a stated purpose were for general or operating support.

How Directed Balloun Family Foundation gives

  • Giving grew 1176% from 2021 to 2024. Method
  • In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.6M

+3.9% YoY

Annual Giving

$582K

+402.4% YoY

Grant Count

56

+5500.0% YoY

Avg Grant Size

$10K

-91.0% YoY

Under IRS private-foundation payout rules, Directed Balloun Family Foundation reported a distributable amount of $713K for 2024 — the minimum it must pay out in qualifying distributions.

About Directed Balloun Family Foundation

Based on IRS filings

Directed Balloun Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Henderson, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.6M in total assets. In 2024, it awarded 56 grants totaling $582K. Net investment income was $1.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of all 56 itemized 2024 grant dollars.

Cities

AtlantaWilmingtonClaytonClemsonNewportNotre DameBrookhavenCambridgeChapel HillTuckerWillmingtonNew YorkRaleighSan ClementeAltantaBostonDunwoodyMariettaRichmondSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$15,598,685$15,014,695$1,057,023
Revenue$1,084,806$11,328,662$71,150
Expenses$651,105$141,411$88,637
Qualifying Distributions$613,018$115,786$63,000
Net Investment Income$1,063,145$615,903$48,599
Distributable Amount$712,907$521,156$17,482

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$145K$291K$436K$582K35 grants202035 grants202140 grants20221 grants202356 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Atlanta Symphony Orchestra: $100KAtlanta Symphony Orchestra$100KWells Fargo Donor Advised Fund: $50KWells Fargo Donor Advised Fund$50KPark Pride: $29KPark Pride$29KCape Fear Academy: $25KCape Fear Academy$25KWestminster Schools: $24KWestminster Schools$24KHarvard College Fund: $13KHarvard College Fund$13KSkidmore College: $13KSkidmore College$13KUniversity of Notre Dame: $13KUniversity of Notre Dame$13KCucalorus Film Foundation: $13KCucalorus Film Foundation$13KClemson University Foundation: $13KClemson University Foundation$13K

Grant Size Distribution

167 grants across all recorded years

164<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Atlanta Symphony Orchestra ($100,000), Wells Fargo Donor Advised Fund ($50,000), Park Pride ($28,500).

RecipientPurposeAmount
ATLANTA SYMPHONY ORCHESTRA Atlanta, GAGENERAL OPERATING$100,000
WELLS FARGO DONOR ADVISED FUND Atlanta, GAGENERAL OPERATING$50,000
PARK PRIDE Atlanta, GAGENERAL OPERATING$28,500
CAPE FEAR ACADEMY Wilmington, NCGENERAL OPERATING$25,000
WESTMINSTER SCHOOLS Atlanta, GAGENERAL OPERATING$24,000
HARVARD COLLEGE FUND Cambridge, MAGENERAL OPERATING$13,000
SKIDMORE COLLEGE Saratoga Springs, NYGENERAL OPERATING$13,000
UNIVERSITY OF NOTRE DAME Notre Dame, INGENERAL OPERATING$13,000
CUCALORUS FILM FOUNDATION Wilmington, NCGENERAL OPERATING$13,000
CLEMSON UNIVERSITY FOUNDATION Clemson, SCGENERAL OPERATING$13,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2023 IRS filing

NameTitleHoursCompensation
Jill B WebbTrustee1—
John Mark BallounTrustee1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Directed Balloun Family Foundation?

Directed Balloun Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Henderson, NV. It holds $15.6M in total assets as of 2024.

How large is Directed Balloun Family Foundation?

As of 2024, Directed Balloun Family Foundation holds $15.6M in total assets with $1.1M in annual revenue. It awarded 56 grants totaling $582K in 2024.

Where does Directed Balloun Family Foundation operate?

Directed Balloun Family Foundation has awarded grants in California, Georgia, Indiana, Massachusetts, North Carolina, New York, South Carolina, Virginia.

What size grants does Directed Balloun Family Foundation award?

In 2024, Directed Balloun Family Foundation awarded 56 grants totaling $582K — an average of about $10K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Directed Balloun Family Foundation reported a distributable amount of $713K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Directed Balloun Family Foundation's EIN?

Directed Balloun Family Foundation's EIN (Employer Identification Number) is 58-6381081. IRS Form 990 filing data is available on this page for 2020–2024.

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

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