The Balm Foundation Inc

Foundation · Grantmaker New York, NY EIN: 13-3746421

The Balm Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $81K in total assets. In 2021, it awarded 8 grants totaling $369K. Net investment income was $14K.

Key facts about The Balm Foundation Inc

In short: The Balm Foundation Inc gave $369K across 8 grants in 2021 (avg $46K), mostly in New York. Source: 2021 IRS Form 990-PF.

EIN
13-3746421
Latest 990 filing
Form 990-PF, 2021
Annual giving (2021)
$368,600
Grants made (2021)
8
Average grant
$46,075
Median grant
$25,000
Total assets
$80,939
Primary geography
New York (91% of itemized 2021 grant dollars)

Data from IRS Form 990-PF, 2021; updated September 2026.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$81K

-87.2% YoY

Annual Giving

$369K

-14.2% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$46K

-25.0% YoY

Under IRS private-foundation payout rules, The Balm Foundation Inc reported a distributable amount of $23K for 2021 — the minimum it must pay out in qualifying distributions.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 8 itemized 2021 grant dollars.

Cities

SouthamptonHudsonNew YorkWesthamptonLittleton

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K7 grants20208 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2021

East End Hospice: $200KEast End Hospice$200KSouthampton Hospital: $60KSouthampton Hospital$60KBlue Dragon Children's Foundation USA: $35KBlue Dragon Children'sFoundation USA$35KEast End Food Institute: $30KEast End Food Institute$30KCamphill Village: $20KCamphill Village$20KFighting Chance Inc: $10KFighting Chance Inc$10KOur Lady of the Hamptons: $10KOur Lady of the Hamptons$10KThe Breathing Project: $4KThe Breathing Project$4K

Grant Size Distribution

15 grants across all recorded years

12<$50K1$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
EAST END HOSPICE Westhampton, NYTO SUPPORT CONTINUING HOSPICE SERVICES AND COMFORT CARE TO PATIENTS AND THEIR FAMILIES IN THE EAST END OF LONG ISLAND.$200,000
SOUTHAMPTON HOSPITAL Southampton, NYTO SUPPORT THE HOSPICE AND PALLIATIVE MEDICINE FELLOWSHIP PROGRAM HOMECARE COORDINATOR AT SOUTHAMPTON HOSPITAL.$60,000
BLUE DRAGON CHILDREN'S FOUNDATION USA Littleton, COTO SUPPORT RESCUING FROM TRAFFICKING,PROVICE LEGAL REPRESENTATION AND CHILDREN'S SERVICES, SCHOOLING & TRAINING, FEEDING AND SHELTERING CHILDREN & FAMILIES, TEEN JOB PLACEMENT & REUNITING CHILDREN WITH FAMILIES$35,000
EAST END FOOD INSTITUTE Southampton, NYTO SUPPORT THE FARM TO COMMUNITY PROGRAM WHICH PRESERVES EXCESS FRESH PRODUCE AND DISTRIBUTES IT TO FOOD PANTRIES.$30,000
CAMPHILL VILLAGE Hudson, NYTO SUPPORT VARIOUS THERAPEUTIC AND HEALING TECHNIQUES FOR YOUNG ADULTS WITH DISABILITIES.$20,000
FIGHTING CHANCE INC Southampton, NYTO SUPPORT THE PROGRAM PROVIDING FOR FREE COUNSELING AND RESOURCES FOR CANCER PATIENTS ON THE EAST END OF LONG ISLAND.$10,000
OUR LADY OF THE HAMPTONS Southampton, NYTO SUPPORT THE SCHOOL'S ACADEMIC MISSION FOR 3 AND 4 YEAR OLDS$10,000
THE BREATHING PROJECT New York, NYTO SUPPORT PROFESSIONAL EDUCATION PROGRAMING ADDRESSING HEALING ADDICTIONS.$3,600

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K20202021
Metric20212020
Total Assets$80,939$632,381
Revenue$26,631$74,397
Expenses$505,765$568,583
Qualifying Distributions——
Net Investment Income$13,952$61,191
Distributable Amount$23,035$48,565

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2021

Leadership & Key People

Officers and directors from IRS filings

The Balm Foundation Inc is led by Peggy Davis, President since 2021 (on filings since 2020); none of the 2 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • Peggy Davis

    President

    Director → President, 2021

    On filings since 2020

    No compensation reported

  • Vincent McGee

    Treasurer

    Director → Treasurer, 2021

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Janet Stein (2020) — President

Data from IRS Form 990 filings, 2020–2021. "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 Balm Foundation Inc

How much does The Balm Foundation Inc give each year?

The Balm Foundation Inc gave $369K across 8 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $430K across 7 grants.

What is The Balm Foundation Inc's typical grant size?

The Balm Foundation Inc's median grant in 2021 was $25,000, and its average grant was $46,075, across 8 grants on its 2021 IRS Form 990-PF.

Where does The Balm Foundation Inc give grants?

The Balm Foundation Inc gives mostly in New York: 91% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest state was Colorado (9%). The most frequent recipient cities were Southampton, NY (4 grants).

Does The Balm Foundation Inc give general operating support?

Not in 2021: none of the 8 grants with a stated purpose on The Balm Foundation Inc's 2021 IRS Form 990-PF were described as general or operating support.

Who are The Balm Foundation Inc's largest grantees?

The Balm Foundation Inc's largest 2021 grantees include East End Hospice ($200,000), Southampton Hospital ($60,000) and Blue Dragon Children's Foundation USA ($35,000), according to its 2021 IRS Form 990-PF. Together they received 80% of its itemized 2021 grant dollars.

How large is The Balm Foundation Inc?

The Balm Foundation Inc reported $81K in total assets on its 2021 IRS Form 990-PF. Its revenue that year was $27K.

How much is The Balm Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, The Balm 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 The Balm Foundation Inc's EIN?

The Balm Foundation Inc's EIN (Employer Identification Number) is 13-3746421. IRS Form 990 filing data is available on this page for 2020–2021.

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

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