David And Andrea Baum Foundation
- Assets
- $0.0
- Revenue
- $538.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Short Hills, NJ
- Founding
- 06/2000
- Data as of
- 11/2021
- EIN
- 13-7178822
Organization Overview
David And Andrea Baum Foundation is located in Short Hills, NJ. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David And Andrea Baum Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2021, David And Andrea Baum Foundation generated $538.3k in total revenue. All expenses for the organization totaled $2.0m during the year ending 11/2021.
Since 2020, David And Andrea Baum Foundation has awarded 45 individual grants totaling $2,196,071. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL
REVENUE CODE SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Baum Trustee | 0 | $0 | |
Andrea Terzi Baum Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $108,432 |
| Interest on Savings | $100 |
| Dividends & Interest | $31,398 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $398,342 |
| Capital Gain Net Income | $398,342 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $538,272 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $214 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,173 |
| Total operating and administrative expenses | $18,187 |
| Contributions, gifts, grants paid | $2,030,610 |
| Total expenses and disbursements | $2,048,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, David And Andrea Baum Foundation has awarded $2,030,610 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BOATHOUSE FOUNDATION PURPOSE: COMMUNITY SERVICES | $300 |
BOSTON MEDFLIGHT PURPOSE: MEDICAL | $250 |
BROWN RISD HILLEL PURPOSE: RELIGIOUS | $11,800 |
FACING HISTORY AND OURSELVES PURPOSE: COMMUNITY SERVICES | $2,500 |
HARVARD BUSINESS SCHOOL PURPOSE: EDUCATION | $100 |
FIDELITY CHARITABLE PURPOSE: GENERAL SUPPORT TO VARIOUS CHARITIES. | $50,232 |