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Nonprofiteer
← BALLENISLES CHARTIES FOUNDATION INC

Form 990 for tax year 2023

Filed by BALLENISLES CHARTIES FOUNDATION INC.

Totals

Total revenue
$1,270,935
Total expenses
$1,369,399
Contributions and grants received
$1,253,607
Grants paid
$1,348,400
Program service revenue
$0
Investment income
$17,328
Other revenue
$0
Total assets, end of year
$150,502
Total liabilities, end of year
$16
Net assets or fund balances, end of year
$150,486
Program services expenses (Part IX)
$1,348,400
Management and general expenses
$20,999
Fundraising expenses
$0
Program service expenses (Part III)
$1,348,400

Program services were 98.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,253,607

  • 3 · Investment income

    total $17,328 · excluded $17,328

  • 8a · Fundraising events: gross income

    $21,891

  • 8a · Fundraising events: contributions included on line 1c

    $1,253,607

  • 8b · Fundraising events: direct expenses

    $21,891

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,348,400 · program services $1,348,400

  • 11c · Fees: accounting

    total $3,150 · management and general $3,150

  • 11g · Fees: other

    total $420 · management and general $420

  • 13 · Office expenses

    total $5,707 · management and general $5,707

  • 14 · Information technology

    total $7,234 · management and general $7,234

  • 23 · Insurance

    total $4,488 · management and general $4,488

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $244,646 · end of year $4,173

  • 2 · Savings and temporary cash investments

    end of year $146,329

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,320 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $16 · end of year $16

  • 27 · Net assets without donor restrictions

    beginning of year $248,950 · end of year $150,486

Mission and programs · 2023

Mission

SEE SCHEDULE OTHE MISSION OF BALLENISLES CHARITIES FOUNDATION IS TO SOLICIT, COLLECT, ADMINISTER, AND DISTRIBUTE FUNDS FOR CHARITABLE PURPOSES AS DESCRIBED IN THE ARTICLES OF INCORPORATION OF THE CORPORATION, INCLUDING MAKING DISTRIBUTIONS TO ORGANIZATIONS GEOGRAPHICALLY LOCATED ON THE EAST COAST OF FLORIDA WITHIN PALM BEACH COUNTY THAT QUALIFY AS TAX EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE LAW OF THE INTERNAL REVENUE SERVICE OR DEPARTMENT OF TREASURY). THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR PUBLIC, CHARITABLE, AND EDUCATIONAL PURPOSES.

Activities or mission (Part I)

TO CONTRIBUTE TO CHARITABLE ORGANIZATIONS WHICH BENEFIT THE LOCAL COMMUNITY AND ITS CITIZENS

  • THE ORGANIZATION CONTRIBUTED GRANTS TO CHARITABLE ORGANIZATIONS IN PALM BEACH COUNTY, FLORIDA

    Expenses $1,348,400 · Grants $1,348,400

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Chere Goldstein

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    15

  • Carl Ekstein

    SECRETARY

    Total calculated
    $0
    Hours/week
    15

  • Jody Passov

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    15

  • Ken Horner

    VICE PRESIDENT AND TREASURER

    Total calculated
    $0
    Hours/week
    15

  • Mark Freeman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    25

  • Diane Brill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Allen Hirsch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Linda Greenhouse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
26 September 2024
IRS schema version
2023v5.1
Source object
202432769349300903

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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