The Balm Foundation Inc
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.
The Balm Foundation Inc at a glance
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.
- Annual giving (2021)
- $368,600
- -14.2% vs 2020
- Grants made (2021)
- 8
- +14.3% vs 2020
- Average grant
- $46,075
- -25.0% vs 2020
- Median grant
- $25,000
- Total assets
- $80,939
- -87.2% vs 2020
- Primary geography
- New York (91% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who The Balm Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2021
The largest 2021 recipient was East End Hospice ($200K). Together the top 8 received $369K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 12 grants of 15 (80%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $369K (2021) to $430K (2020). In 2021 it made 8 grants totaling $369K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| East End Hospice Westhampton, NY | To support continuing hospice services and comfort care to patients and their families in the east end of long island. | $200,000 |
| Southampton Hospital Southampton, NY | To support the hospice and palliative medicine fellowship program homecare coordinator at southampton hospital. | $60,000 |
| Blue Dragon Children's Foundation USA Littleton, CO | To 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, NY | To support the farm to community program which preserves excess fresh produce and distributes it to food pantries. | $30,000 |
| Camphill Village Hudson, NY | To support various therapeutic and healing techniques for young adults with disabilities. | $20,000 |
| Fighting Chance Inc Southampton, NY | To 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, NY | To support the school's academic mission for 3 and 4 year olds | $10,000 |
| The Breathing Project New York, NY | To Support Professional Education Programing Addressing Healing Addictions. | $3,600 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2021 | $80,939 | $26,631 | $505,765 | $368,600 | 8 | $13,952 | $23,035 |
| 2020 | $632,381 | $74,397 | $568,583 | $429,800 | 7 | $61,191 | $48,565 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
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