Srimad Bhagavatam Canto 05, Chapter 24, Text 19

SB 5.24.19

no evaitat saksatkaro bhumi-danasya yat tad bhagavaty asesa-jiva-nikayanam jiva-bhutatma-bhute paramatmani vasudeve tirthatame patra upapanne paraya sraddhaya paramadara-samahita-manasa sampratipaditasya saksad apavarga-dvarasya yad bila-nilayaisvaryam.
Translation by His Divine Grace A. C. Bhaktivedanta Swami Srila Prabhupada: 
My dear King, Bali Maharaja donated all his possessions to the Supreme Personality of Godhead, Vamanadeva, but one should certainly not conclude that he achieved his great worldly opulence in bila-svarga as a result of his charitable disposition. The Supreme Personality of Godhead, who is the source of life for all living entities, lives within everyone as the friendly Supersoul, and under His direction a living entity enjoys or suffers in the material world. Greatly appreciating the transcendental qualities of the Lord, Bali Maharaja offered everything at His lotus feet. His purpose, however, was not to gain anything material, but to become a pure devotee. For a pure devotee, the door of liberation is automatically opened. One should not think that Bali Maharaja was given so much material opulence merely because of his charity. When one becomes a pure devotee in love, he may also be blessed with a good material position by the will of the Supreme Lord. However, one should not mistakenly think that the material opulence of a devotee is the result of his devotional service. The real result of devotional service is the awakening of pure love for the Supreme Personality of Godhead, which continues under all circumstances.
Srimad Bhagavatam Canto 05, Chapter 24, Text 18
Srimad Bhagavatam Canto 05, Chapter 24, Text 20