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Lloyd G. Balfour Foundation

Profile

Last Updated: 2016-07-17

At A Glance

Lloyd G. Balfour Foundation

225 Franklin St., 4th Fl.

Boston, MA United States 02110-2801

Telephone: (866) 778-6859

URL: www.bankofamerica.com/philanthropic/grantmaki...

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-03-31)

Assets: $116,306,101

Total giving: $4,924,630

EIN

222751372

Bridge Number

6194768043

Additional Contact Information

Attleboro Scholarship contact: Wendy Holt, Exec. Dir., Attleboro Scholarship Foundation, tel.: 1 (508) 226-4414

Background

Established in 1973 in MA - The foundation was funded from the profits realized from the sale of the L.G. Balfour Co. in Attleboro, MA. The Balfour Co. was a well known maker of college rings, jewelry and other recognition products. At the time of his death in 1973, Lloyd G. Balfour was the sole owner of the company. Mr. Balfour established the foundation in his will.

Purpose and Activities

Giving primarily for programs that provide access to education, especially those that promote college readiness, access, and success for underserved populations in New England. The foundation's other giving is to favored charities listed in Mr. Balfour's will, and organizations serving the community of Attleboro, Massachusetts, where giving is for general charitable purposes. .

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Balfour Employee-Related Scholarships

The foundation provides scholarship aid, via the Attleboro Scholarship Foundation, to former company employees. On an on-going basis, the foundation provides scholarship support to former employees, their children and grandchildren. Grants awarded in this category are administered by the Attleboro Scholarship Foundation. Please contact Wendy Holt, Exec. Dir., Attleboro Scholarship Foundation at tel.: (508) 226-4414.

Charitable Organizations serving the City of Attleboro

The foundation considers funding requests from charitable organizations serving the city of Attleboro, MA. Primary consideration is given to the educational, medical and social service needs of the community. Online application accepted at www.bankofamerica.com/grantmaking.

Grants to Individuals Program

Scholarship aid to former employees of The Balfour Co. The program is administered by the Attleboro Scholarship Foundation.

Institutions named by Founder

Mr. Balfour was closely associated with a number of educational, fraternal, and medical institutions throughout his life and requested that the foundation consider their needs when planning for the allocation of funds. Institutions mentioned in Mr. Balfour's will include: Sigma Chi Endowment Foundation, The National Interfraternity Conference Foundation, Indiana University, Phi Delta Phi Foundation, Massachusetts Institute for Technology and the University of Notre Dame.

Fields of Interest

Subjects
  • Education
  • Higher education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2015-03-31

Assets: $116,306,101 (market value)

Expenditures: $5,988,216

Total giving: $4,924,630

Qualifying distributions: $5,342,180