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The Frederick S Balsam Sr Charitable Trust is a private trust based in WESTMINSTER, MD. The foundation received its IRS ruling in 1989. It holds total assets of $300K. Annual income is reported at $6K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 7 states, including Maryland, District of Columbia, Kansas. According to available records, The Frederick S Balsam Sr Charitable Trust has made 35 grants totaling $29K, with a median grant of $200. Annual giving has grown from $11K in 2020 to $18K in 2022. Individual grants have ranged from $100 to $5K, with an average award of $837.143. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Maryland, New Jersey, North Carolina, which account for 40% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$600
Average Grant
$1K
Largest Grant
$5K
Based on 9 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.
The Frederick S Balsam Sr Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in MD, NJ, NC.
The Frederick S Balsam Sr Charitable Trust has distributed a total of $29K across 35 grants. The median grant size is $200, with an average of $837.143. Individual grants have ranged from $100 to $5K.
The Frederick S Balsam Sr Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The Frederick S Balsam Sr Charitable Trust is headquartered in WESTMINSTER, MD. While based in MD, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fred S Balsam Jr | TRUSTEE | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$275K
Fair Market Value
$275K
Net Worth
$275K
Grants Paid
$10K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
N/A
Total Grants
35
Total Giving
$29K
Average Grant
$837.143
Median Grant
$200
Unique Recipients
14
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyCHARITABLE | Washington, DC | $200 | 2022 |
| Wakefield Valley Bible ChurchCHARITABLE | New Windsor, MD | $5K | 2022 |
| Fellowship Of Christian AthletesCHARITABLE | Brookeville, MD | $550 | 2022 |
| Ministry AllianceCHARITABLE | Charlotte, NC | $550 | 2022 |
| Ethnos 360CHARITABLE | Sanford, FL | $500 | 2022 |
| Urban PromiseCHARITABLE | Pennsauken, NJ | $500 | 2022 |
| Central Union MissionCHARITABLE | Washington, DC | $200 | 2022 |
| Christian Workers FellowshipCHARITABLE | Kansas City, KS | $200 | 2022 |
| Children'S Organ Transplant AssocCHARITABLE | Bloomington, IN | $200 | 2022 |
| Touch Of Christ MinistriesCHARITABLE | Fredericksburg, VA | $200 | 2022 |
| St Judes HospitalCHARITABLE | Memphis, TN | $200 | 2022 |
| The Katie Johnson FellowshipCHARITABLE | Seattle, WA | $200 | 2022 |
| Rockville Womem'S CenterCHARITABLE | Rockville, MD | $100 | 2022 |
| Frontier Labourers For ChristCHARITABLE | Highlands Ranch, CO | $1K | 2020 |