The Balcavage Family Foundation
The Balcavage Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $393K in total assets. In 2024, it awarded 1 grant totaling $50K. Net investment income was $20K.
The Balcavage Family Foundation at a glance
In short: The Balcavage Family Foundation gave $50K across 1 grant in 2024 (avg $50K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $50,000
- Grants made (2024)
- 1
- Average grant
- $50,000
- Median grant
- $50,000
- Total assets
- $393,115
- -9.6% vs 2023
- Primary geography
- Pennsylvania (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Balcavage Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was River Crossing Young Mens Christian Association ($50K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How The Balcavage Family Foundation gives
- Giving grew 4900% from 2021 to 2024. Method
- In 2024 it paid out 228% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $1K (2021) to $50K (2024). In 2024 it made 1 grant totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| River Crossing Young Mens Christian Association Doylestown, PA | General & Unrestricted | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $393,115 | $19,806 | $61,747 | $50,000 | 1 | $59,347 | $19,806 | $25,987 |
| 2023 | $435,056 | $204,458 | $8,563 | — | — | $8,563 | $169,177 | $12,241 |
| 2022 | $239,161 | $13,698 | $11,215 | — | — | $11,115 | $3,698 | $12,198 |
| 2021 | $236,678 | $3,290 | $16,612 | $1,000 | 1 | $16,612 | $3,290 | $13,473 |
| 2020 | $250,000 | $250,000 | — | — | — | — | — | $235 |
Under IRS private-foundation payout rules, The Balcavage Family Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Balcavage Family Foundation is led by Frank Balcavage, Director & President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Frank Balcavage
Director & President
On filings since 2020
1 hr/week
No compensation reported
Nicole Balcavage
Director, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Balcavage Family Foundation
How much does The Balcavage Family Foundation give each year?
The Balcavage Family Foundation gave $50K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is The Balcavage Family Foundation?
The Balcavage Family Foundation reported $393K in total assets on its 2024 IRS Form 990-PF. It paid out $59K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).
Where does The Balcavage Family Foundation operate?
The Balcavage Family Foundation has awarded grants in Pennsylvania.
What is The Balcavage Family Foundation's EIN?
The Balcavage Family Foundation's EIN (Employer Identification Number) is 85-4396883. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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