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Balbach Family Foundation is a private trust based in ORCHARD PARK, NY. The foundation received its IRS ruling in 1998. The principal officer is Charles E Balbach Et Al Ttee. It holds total assets of $2.8M. Annual income is reported at $1.3M. Total assets have grown from $954K in 2011 to $2.2M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Balbach Family Foundation has made 2 grants totaling $120K, with a median grant of $60K. Individual grants have ranged from $30K to $90K, with an average award of $60K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Balbach Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NY.
Balbach Family Foundation has distributed a total of $120K across 2 grants. The median grant size is $60K, with an average of $60K. Individual grants have ranged from $30K to $90K.
Balbach Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Balbach Family Foundation is headquartered in ORCHARD PARK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles E Balbach Thru 524 | TRUSTEE | $0 | $0 | N/A |
| Melissa T Balbach | TRUSTEE | $0 | $0 | N/A |
| John Bace | TRUSTEE | $0 | $0 | N/A |
| Carl T Balbach | TRUSTEE | $0 | $0 | N/A |
| Jennifer Balbach | TRUSTEE | $0 | $0 | N/A |
Total Giving
$94K
Total Assets
$2.2M
Fair Market Value
$2.4M
Net Worth
$2.2M
Grants Paid
$87K
Contributions
$60K
Net Investment Income
$26K
Distribution Amount
$108K
Total: $116K
Total Grants
2
Total Giving
$120K
Average Grant
$60K
Median Grant
$60K
Unique Recipients
2
Most Common Grant
$30K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nichols SchoolEDUCATIONAL | Buffalo, NY | $90K | 2021 |
| Westminster Presbyterian ChurchEDUCATIONAL | Buffalo, NY | $30K | 2021 |