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Nonprofit · EIN 56-2206524

BALMER FOUNDATION INC

Tax-exempt · SPARTANBURG, SC 29302

Financials

$887K$5.5M2023$621K$3.8M2024$1.5M$2.3M2025
Revenue Expenses · by fiscal year end
Financials of BALMER FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,506,359$2,265,212-$758,853$34,118,109$0$34,118,109
December 31, 2024990$621,416$3,823,417-$3,202,001$32,586,001$0$32,586,001
December 31, 2023990$886,764$5,489,806-$4,603,042$33,042,527$0$33,042,527
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1,506,359
Net gain from sales of assets
$807,048
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,186,459
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$2,186,459
Management and general (functional)
$78,753

Balance sheet and other

Total assets, start of year
$32,586,001
Total assets, end of year
$34,118,109
Total liabilities, end of year
$0
Net assets, end of year
$34,118,109
Publicly traded securities
$32,112,377
Net assets with donor restrictions
$34,118,109
Gross receipts
$1,506,359
Employees
0
Volunteers
3
Year formed
2001
State of legal domicile
SC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Kenneth E Darr JrSecretary
Trustee or director, Officer
1$0
Monty MullenChairwoman
Trustee or director, Officer
1$0
Samuel J Galloway JrDirector
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Kenneth E Darr JrSecretary
Trustee or director, Officer
1$0
Monty MullenChairwoman
Trustee or director, Officer
1$0
Samuel J Galloway JrDirector
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Kenneth E Darr JrSecretary
Trustee or director, Officer
1$0
Monty MullenChairwoman
Trustee or director, Officer
1$0
Samuel J Galloway JrDirector
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
424 E KENNEDY ST, SPARTANBURG, SC 29302-1916
In care of
% HANS J BALMER
Principal officer (990 for 2025)
Monty Mullen, 424 E Kennedy Street, Spartanburg, SC 29302
Signed the 990
Monty Mullen, Chairwoman
Phone
(864) 582-0138
Return prepared by
Forvis Mazars LLP

Mission

Charitable and philanthropic endeavors in support of and in conjunction with the Spartanburg county foundation.

990 for the year ended December 31, 2025

Program accomplishments

  • Charitable and philanthropic endeavors in support of and in conjunction with the Spartanburg county foundation.
    Expenses $2,186,459 · grants $2,186,459

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-2206524
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$34,118,109
Income (IRS master file)
$1,506,359

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,506,359$2,265,212$34,118,109IRS
990December 2024$621,416$3,823,417$32,586,001XML
990December 2023$886,764$5,489,806$33,042,527XML
990December 2022$164,190$1,302,909$34,371,148IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2206524).

Questions about BALMER FOUNDATION INC

What is the EIN of BALMER FOUNDATION INC?
The employer identification number (EIN) of BALMER FOUNDATION INC is 56-2206524.
Is BALMER FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to BALMER FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BALMER FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BALMER FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BALMER FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BALMER FOUNDATION INC?
The 990 for the year ended December 31, 2025 names Monty Mullen.
Who are the officers and directors of BALMER FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does BALMER FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,506,359, expenses of $2,265,212 and total assets of $34,118,109 at year end.

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