//
Also known as: FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Dave & Kristi Jaarsma Balk Family Foundation is a private corporation based in PELLA, IA. The foundation received its IRS ruling in 2017. The principal officer is Kristin B Balk. It holds total assets of $240K. Annual income is reported at $326K. Total assets have grown from N/A in 2018 to $235K in 2023. The foundation is governed by 2 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. The foundation primarily funds organizations in Iowa and Michigan. According to available records, Dave & Kristi Jaarsma Balk Family Foundation has made 37 grants totaling $248K, with a median grant of $3K. Annual giving has grown from $76K in 2020 to $129K in 2022. Individual grants have ranged from $300 to $55K, with an average award of $7K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Iowa and Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$700
Median Grant
$3K
Average Grant
$11K
Largest Grant
$55K
Based on 7 grants from the most recent 990-PF filing.
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.
Dave & Kristi Jaarsma Balk Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in IA, MI.
Dave & Kristi Jaarsma Balk Family Foundation has distributed a total of $248K across 37 grants. The median grant size is $3K, with an average of $7K. Individual grants have ranged from $300 to $55K.
Dave & Kristi Jaarsma Balk Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Dave & Kristi Jaarsma Balk Family Foundation is headquartered in PELLA, IA. While based in IA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Balk | VICE PRESIDE | $0 | $0 | N/A |
| Kristin Balk | PRESIDENT | $0 | $0 | N/A |
Total Giving
$67K
Total Assets
$235K
Fair Market Value
$270K
Net Worth
$235K
Grants Paid
$65K
Contributions
$106K
Net Investment Income
$62K
Distribution Amount
$9K
Total Grants
37
Total Giving
$248K
Average Grant
$7K
Median Grant
$3K
Unique Recipients
13
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| CrossroadsCHARITY | Pella, IA | $1K | 2022 |
| Central CollegeCHARITY | Pella, IA | $40K | 2022 |
| Second Reformed ChurchCHARITY | Pella, IA | $10K | 2022 |
| Pella Community Food ShelfCHARITY | Pella, IA | $5K | 2022 |
| Blank Children'S HospitalCHARITY | Des Moines, IA | $4K | 2022 |
| Pella Community FoundationCHARITY | Pella, IA | $3K | 2022 |
| Pella Historical Society & MuseumsCHARITY | Pella, IA | $2K | 2022 |
| Hospice Of PellaCHARITY | Pella, IA | $500 | 2022 |
| Lakeview CampsCHARITY | Tracy, IA | $300 | 2022 |
| Western Theological SeminaryCHARITY | Holland, MI | $2K | 2021 |
| Pella Regional Health CenterCHARITY | Pella, IA | $2K | 2021 |
| Pella Police DepartmentCHARITY | Pella, IA | $500 | 2021 |
| Friends Of Big RockCHARITY | Pella, IA | $500 | 2021 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA