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Determan Balk Family Foundation Nfp is a private corporation based in LAKE FOREST, IL. The foundation received its IRS ruling in 2016. The principal officer is The Ayco Company Lp - Ntg. It holds total assets of $1.5M. Annual income is reported at $45K. Total assets have grown from $1.2M in 2015 to $1.6M in 2023. The foundation is governed by 5 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support by contributions, other charitable organizations exempt. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Determan Balk Family Foundation Nfp has made 58 grants totaling $427K, with a median grant of $5K. Annual giving has decreased from $299K in 2022 to $129K in 2023. Individual grants have ranged from $258 to $40K, with an average award of $7K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Illinois, New York, Michigan, which account for 83% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support by contributions, other charitable organizations exempt
Under internal revenue code section 501 (c) (3)
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support by contributions, other charitable organizations exempt. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in IL, NY, MI.
Determan Balk Family Foundation Nfp has distributed a total of $427K across 58 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $258 to $40K.
Determan Balk Family Foundation Nfp typically selects its grantees rather than accepting unsolicited proposals.
Determan Balk Family Foundation Nfp is headquartered in LAKE FOREST, IL. While based in IL, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret Determan | DIRECTOR | $0 | $0 | N/A |
| Nathaniel Balk | PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Henry Balk | DIRECTOR | $0 | $0 | N/A |
| Lance Balk | DIRECTOR | $0 | $0 | N/A |
| Thomas Balk | VICE PRESIDENT/TREASURER | $0 | $0 | N/A |
Total Giving
$133K
Total Assets
$1.6M
Fair Market Value
$3.2M
Net Worth
$1.6M
Grants Paid
$129K
Contributions
N/A
Net Investment Income
$448K
Distribution Amount
$138K
Total: $1.1M
Total Grants
58
Total Giving
$427K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
25
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northwestern College Of Arts & SciencesUNRESTRICTED | Evanston, IL | $25K | 2023 |
| Church Of The Holy Spirit Food PantryUNRESTRICTED | Lake Forest, IL | $10K | 2023 |
| Michigan State UniversityUNRESTRICTED | East Lansing, MI | $10K | 2023 |
| Adirondack FoundationUNRESTRICTED | Lake Placid, NY | $10K | 2023 |
| Pendragon TheaterUNRESTICTED | Saranac Lake, NY | $10K | 2023 |
| Upper SaranacUNRESTRICTED | Saranac Lake, NY | $10K | 2023 |
| Northern Illinois Food BankUNRESTRICTED | Geneva, IL | $10K | 2023 |
| Kooch-I-Ching CampUNRESTRICTED | Cincinnati, OH | $5K | 2023 |
| Mother'S TrustUNRESTRICTED | Lake Forest, IL | $5K | 2023 |
| Refugee OneUNRESTRICTED | Chicago, IL | $5K | 2023 |
| Wild CenterUNRESTRICTED | Tupper Lake, NY | $5K | 2023 |
| Columbia LawUNRESTRICTED | New York, NY | $5K | 2023 |
| GortonUNRESTRICTED | Lake Forest, IL | $5K | 2023 |
| RagdaleUNRESTRICTED | Lake Forest, IL | $5K | 2023 |
| Reading PowerUNRESTRICTED | Lake Forest, IL | $5K | 2023 |
| Wayland AcademyUNRESTRICTED | Beaver Dam, WI | $2K | 2023 |
| Adirondack Sky Center & ObservatoryUNRESTRICTED | Tupper Lake, NY | $500 | 2023 |
| Clarissa Cook HospiceUNRESTRICTED | Bettendorf, IA | $500 | 2023 |
| Lake Forest Women'S ClubUNRESTRICTED | Lake Forest, IL | $500 | 2023 |
| Team SummerUNRESTRICTED | Atlanta, GA | $258 | 2023 |
| Catholic Charities AlexandriaUNRESTRICTED | Arlington, VA | $10K | 2022 |
| YouthbuildUNRESTRICTED | North Chicago, IL | $5K | 2022 |
| Eagle IslandUNRESTRICTED | Seranac Lake, NY | $2K | 2022 |
| Frankies Fund For FelinesUNRESTRICTED | New York, NY | $1K | 2022 |