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DETERMAN BALK FAMILY FOUNDATION

LAKE FOREST, IL 474148161

The Determan Balk Family Foundation, located in Lake Forest, IL, has assets of $1.59 million and supports various cities and states across the U.S., with leadership from Nathaniel Balk and other family members, all serving without compensation.

Overview

About DETERMAN BALK FAMILY FOUNDATION

The Determan Balk Family Foundation, based in Lake Forest, Illinois, is a private foundation with assets totaling $1,589,907. In the most recent fiscal year, the foundation reported expenses of $133,237 and revenue of $448,792. The foundation supports a variety of cities across the United States, including Albany, Arlington, Atlanta, Beaver Dam, Bettendorf, Chicago, Cincinnati, East Lansing, Evanston, Geneva, Ithaca, Lake Forest, Lake Placid, New York, North Chicago, Saranac Lake, Seranac Lake, and Tupper Lake. It funds initiatives in several states: Georgia, Iowa, Illinois, Michigan, New York, Ohio, Virginia, and Wisconsin. The foundation is led by Nathaniel Balk, who serves as President and Secretary, and Thomas Balk, who is the Vice President and Treasurer. Other directors include Lance Balk, Henry Balk, and Margaret Determan. Notably, none of the board members receive compensation for their roles, and each contributes approximately one hour of service.

Focus Areas

N/A

Geographic Focus

GAIAILMINYOHVAWI
Application Status

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Average Grant Size

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Sample Match Score

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87%
Excellent compatibility match
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Key Statistics
Total Assets $1.6M
Total Awarded This Year $129K
Average Grant Size $6K
Total Grants (Previous Year) 4,193
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
LAKE FOREST, IL US
Geographic Funding Distribution

Financials

Total Assets
$1,589,907

in 2024, compared to $1,274,813 in 2023

Annual Grants
$128,758

20 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$111,050See Attached ListGeneral Charitable PurposesC/O AYCO CO - NTG PO BOX 15201 ALBANY, NY US2022
$40,000COLUMBIA LAWUNRESTRICTED622 WEST 113TH STREET NEW YORK, NY US2023
$25,000NORTHWESTERN COLLEGE OF ARTS & SCIENCESUNRESTRICTED1201 DAVIS STREET EVANSTON, IL US2024
$20,000CHURCH OF THE HOLY SPIRIT FOOD PANTRYUNRESTRICTED400 EAST WESTMINSTER ROAD LAKE FOREST, IL US2023
$15,000REFUGEE ONEUNRESTRICTED6008 NORTH CALIFORNIA AVENUE CHICAGO, IL US2023
$10,000ADIRONDACK FOUNDATIONUNRESTRICTEDPO BOX 288 LAKE PLACID, NY US2023
$10,000CATHOLIC CHARITIES ALEXANDRIAUNRESTRICTED200 NORTH GLEBE ROAD SUITE 250 ARLINGTON, VA US2023
$10,000MICHIGAN STATE UNIVERSITYUNRESTRICTED426 AUDITORIUM ROAD ROOM 312 EAST LANSING, MI US2023
$10,000NORTHERN ILLINOIS FOOD BANKUNRESTRICTED273 DEARBOARN COURT GENEVA, IL US2023
$10,000UPPER SARANACUNRESTRICTEDPO BOX 564 SARANAC LAKE, NY US2023
40 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
NB
NATHANIEL BALK
PRESIDENT/SEC$02022
TB
THOMAS BALK
VICE PRES/TREAS$02022
LB
LANCE BALK
DIRECTOR$02022
MD
MARGARET DETERMAN
DIRECTOR$02022
HB
HENRY BALK
DIRECTOR$02022
NB
NATHANIEL BALK
PRESIDENT/SECRETARY$02023
TB
THOMAS BALK
VICE PRESIDENT/TREASURER$02023
LB
LANCE BALK
DIRECTOR$02023
HB
HENRY BALK
DIRECTOR$02023
MD
MARGARET DETERMAN
DIRECTOR$02023
15 row(s) total.

Rows per page

Page 1 of 2

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024