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Balmer Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562206524 ✦ Spartanburg, SC ✦ Designated as a 501(c)(3)

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Overview

What is Balmer Foundation?

The Balmer Foundation is a charitable organization situated in Spartanburg, South Carolina, specifically at 424 E Kennedy Street. Their mission aligns with the Spartanburg County Foundation, focusing on philanthropic initiatives. The foundation supports various charitable ventures, working in collaboration with the Spartanburg County Foundation to make a positive impact in the community. The exact nature of these initiatives remains undisclosed in the provided information.

Is Balmer Foundation legitimate?

Balmer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Balmer Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Balmer Foundation?

The Balmer Foundation is engaged in charitable and philanthropic endeavors, working in collaboration with the Spartanburg County Foundation. Their mission is to contribute to these efforts, aiming to make a positive impact in various areas. The foundation's activities are focused on supporting and strengthening their partnership with the Spartanburg County Foundation.

Who is the CEO of Balmer Foundation?

Monty Mullen is the Chairwoman of Balmer Foundation.

What is the revenue of Balmer Foundation?

Balmer Foundation's revenue in 2022 was $164,190.

Who are the executives of Balmer Foundation and what are their salaries?

There 3 volunteers at Balmer Foundation.


Here are 3 key members and their salaries:


Monty Mullen (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth E Darr Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Galloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Balmer Foundation?

Balmer Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Balmer Foundation

The Balmer Foundation is dedicated to charitable and philanthropic endeavors, working in conjunction with the Spartanburg County Foundation. Their mission is to contribute positively to various causes, aligning their efforts with that of the Spartanburg County Foundation. The Balmer Foundation's work is centered around supporting and enhancing various charitable initiatives, thereby contributing to the betterment of society as a whole.

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Impact




October, 2024

The Balmer Foundation significantly contributes to charitable and philanthropic efforts in Spartanburg County, South Carolina. By collaborating with the Spartanburg County Foundation, it enhances community support and resources, facilitating initiatives that address local needs. Its commitment fosters development in various sectors, ultimately improving the quality of life for residents and strengthening the social fabric of the community. Through its endeavors, the Balmer Foundation plays a crucial role in driving positive change and promoting sustainable growth within Spartanburg County.




This information is meant to be a general summary of Balmer Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$164,190 (2022)
Expenses
$1,302,909 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $646,937
  • Gross Receipts: $196,319

Assets and Liabilities:

  • Total Assets: $34,371,148
  • Total Liabilities: $0
  • Net Assets: $34,371,148

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Organization Details

Founding Year

2001

Principal Officer

Monty Mullen

Main Address

424 E KENNEDY STREET, SPARTANBURG, SC, 29302

NTEE Category

Code: T11 - Philanthropy

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