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L G Balfour Foundation is a private association based in DALLAS, TX. The foundation received its IRS ruling in 1986. The principal officer is Private Bank Tax Services. It holds total assets of $116.3M. Annual income is reported at $44.5M. Total assets have grown from $89.8M in 2011 to $114.4M in 2024. The foundation is governed by 1 officer or trustee. Tax records are available from 2019 to 2024. According to available records, L G Balfour Foundation has made 5 grants totaling $29.4M, with a median grant of $5.7M. The foundation has distributed between $5.3M and $13M annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $13M distributed across 2 grants. Individual grants have ranged from $5.3M to $6.5M, with an average award of $5.9M. Grant recipients are concentrated in Rhode Island. 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.
L G Balfour Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in RI.
L G Balfour Foundation has distributed a total of $29.4M across 5 grants. The median grant size is $5.7M, with an average of $5.9M. Individual grants have ranged from $5.3M to $6.5M.
The application deadline is www.bankofamerica.com/philanthropic/foundation.go. www.bankofamerica.com/philanthropic/foundation.go. An application form is available on the foundation's website.
L G Balfour Foundation is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $449K | $0 | $449K |
Total Giving
$6.7M
Total Assets
$114.4M
Fair Market Value
N/A
Net Worth
$114.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$7.4M
Distribution Amount
$6.4M
Total Grants
5
Total Giving
$29.4M
Average Grant
$5.9M
Median Grant
$5.7M
Unique Recipients
1
Most Common Grant
$6.5M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached StatementUNRESTRICTED GENERAL | Providence, RI | $5.7M | 2024 |