//
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Bales Family Foundation is a private corporation based in GLEN ALLEN, VA. The foundation received its IRS ruling in 2020. The principal officer is William Bales. It holds total assets of $480K. Annual income is reported at $101K. Total assets have grown from $62K in 2019 to $333K 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 2020 to 2023. According to available records, Bales Family Foundation has made 7 grants totaling $126K, with a median grant of $10K. Annual giving has grown from $36K in 2020 to $45K in 2022. Grantmaking activity was highest in 2021 with $45K distributed across 1 grants. Individual grants have ranged from $5K to $45K, with an average award of $18K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Virginia and 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.
Bales Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in VA, NY.
Bales Family Foundation has distributed a total of $126K across 7 grants. The median grant size is $10K, with an average of $18K. Individual grants have ranged from $5K to $45K.
Bales Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bales Family Foundation is headquartered in GLEN ALLEN, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
Track this funder — get alerted when new grants match
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles C Bales | VICE PRESIDENT | $0 | $0 | N/A |
| William B Bales | PRESIDENT | $0 | $0 | N/A |
| Marga L Bales | SECRETARY | $0 | $0 | N/A |
| William B Bales Ii | TREASURER | $0 | $0 | N/A |
| Marna Bales | DIRECTOR | $0 | $0 | N/A |
Total Giving
$34K
Total Assets
$333K
Fair Market Value
$608K
Net Worth
$333K
Grants Paid
$30K
Contributions
$3K
Net Investment Income
$14K
Distribution Amount
$28K
Total: $13K
Total Grants
7
Total Giving
$126K
Average Grant
$18K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Salvation ArmyGENERAL SUPPORT | Richmond, VA | $45K | 2022 |
| Mentor VirginiaGENERAL SUPPORT | Richmond, VA | $11K | 2020 |
| School Of The Performing Arts In The Richmond CommunityGENERAL SUPPORT | Richmond, VA | $10K | 2020 |
| Whro Public MediaGENERAL SUPPORT | Williamsburg, VA | $5K | 2020 |
| Commonwealth Public BroadcastingGENERAL SUPPORT | Richmond, VA | $5K | 2020 |
| WnetGENERAL SUPPORT | New York, NY | $5K | 2020 |