Bainum Family Foundation
- Assets
- $0.0
- Revenue
- $60.3m
- Investments
- $543.4m
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 03/1969
- Data as of
- 06/2020
- EIN
- 23-7000192
Organization Overview
Bainum Family Foundation is located in Bethesda, MD. The organization was established in 1969. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bainum Family 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 06/2020, Bainum Family Foundation generated $60.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $34.9m during the year ending 06/2020. While expenses have increased by 16.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bainum Family Foundation has awarded 573 individual grants totaling $23,468,062. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
DC EARLY LEARNING INITIATIVE- D.C. WARDS 7 AND 8 INITIATIVE EARLY LEARNING:BECAUSE THE FIRST FEW YEARS OF LIFE ARE CRITICALLY IMPORTANT AND CAN AFFECT LEARNING, BEHAVIOR AND HEALTH OVER AN ENTIRE LIFETIME, WE SUPPORT CHILDREN'S HEALTHY DEVELOPMENT AND LEARNING FROM BIRTH TO AGE 3.UNDER OUR CURRENT STRATEGIC PLAN, WE HAVE FOCUSED ON INCREASING THE NUMBER OF HIGH-QUALITY EARLY LEARNING SEATS FOR INFANTS AND TODDLERS. HIGH-QUALITY EARLY LEARNING PROGRAMS ARE DESIGNED TO COMPREHENSIVELY SUPPORT A CHILD'S SOCIAL, EMOTIONAL, PHYSICAL AND COGNITIVE DEVELOPMENT, WHILE ALSO ENCOURAGING AND SUPPORTING FAMILY ENGAGEMENT. SCHOOL MENTAL HEALTH: WORKING WITH A RANGE OF PARTNERS NATIONALLY AND LOCALLY, THE FOUNDATION HAS RESEARCHED, IMPLEMENTED AND SHARED SUSTAINABLE BEST PRACTICES TO BUILD THE CAPACITY FOR SCHOOLS TO ESTABLISH COMPREHENSIVE ,HIGH-QUALITY SCHOOL MENTAL HEALTH SYSTEMS TO SUPPORT BOTH STUDENTS AND FAMILIES.
SEVENTH-DAY ADVENTIST INITIATIVE- TO HONOR OUR FOUNDERS' COMMITMENT TO FAITH-BASED EDUCATION, THE FOUNDATION'S SEVENTH-DAY ADVENTIST (SDA) INITIATIVE WORKS TO SUPPORT ADVENTIST SCHOOLS, CHURCHES, HOSPITALS AND OTHER ORGANIZATIONS IN CREATING ENVIRONMENTS WHERE ALL CHILDREN AND FAMILIES HAVE EQUITABLE OPPORTUNITIES AND RESOURCES TO THRIVE.
FOOD SECURITY INITIATIVE AND FARM- OUR FOOD SECURITY INITIATIVE IN COLLABORATION WITH THE BAINUM FOUNDATION FARM, LLC WORKS WITH A RANGE OF PARTNERS TO CREATE A HEALTHIER, MORE EQUITABLE AND MORE ECOLOGICALLY SOUND FOOD SYSTEM IN THE D.C. REGION - ONE THAT NOURISHES CHILDREN, FAMILIES AND COMMUNITIES.
FAMILY PHILANTHROPY INITIATIVE- OUR FOUNDERS, STEWART BAINUM SR. AND JANE BAINUM, WERE VERY INTENTIONAL ABOUT PASSING ALONG THEIR COMMITMENT TO SUPPORTING THE COMMUNITY. THE FOUNDATION'S FAMILY PHILANTHROPY INITIATIVE ENSURES THAT SUBSEQUENT GENERATIONS OF THE BAINUM FAMILY FIND THEIR UNIQUE PLACE IN ADVANCING THE LEGACY OF OUR FOUNDERS AND HELPING OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Daniels CEO | 40 | $492,221 | |
Brenda Henry Vice President Of Pr | 40 | $245,512 | |
Clara Northington Vice President Of Hu | 40 | $214,486 | |
Angela Deeds Sr. Dir. Of Finance | 40 | $205,291 | |
Rebecca Cisek Sr. Dir. Of Talent A | 40 | $203,555 | |
Leila Otis Vice President Of Op | 40 | $196,698 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Reinvestment Fund | 6/29/21 | $1,132,931 |
The Rock Creek Group | 6/29/21 | $715,430 |
George Washington University | 6/29/21 | $694,386 |
Guidehouse Llc | 6/29/21 | $614,538 |
Tides Center | 6/29/21 | $269,308 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,296,137 |
| Interest on Savings | $46,354 |
| Dividends & Interest | $7,937,058 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,818,626 |
| Total Revenue | $60,288,788 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,771,694 |
| Pension plans, employee benefits | $1,413,981 |
| Depreciation | $166,022 |
| Occupancy | $483,957 |
| Travel, conferences, and meetings | $406,115 |
| Printing and publications | $16,748 |
| Total operating and administrative expenses | $31,089,605 |
| Contributions, gifts, grants paid | $3,801,926 |
| Total expenses and disbursements | $34,891,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,843,547 |
| Investments—mortgage loans | $0 |
| Investments—other | $401,122,253 |
| Other assets | $3,085,803 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,732,427 |
Grants Awarded
Over the last fiscal year, Bainum Family Foundation has awarded $3,884,927 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
Calhoun, GA PURPOSE: SEWER SYSTEM RENOVATION | $400,000 |
New York, NY PURPOSE: LEARNING THROUGH PLAY OPPORTUNITIES FOR REFUGEE CHILDREN | $250,000 |
New Market, VA PURPOSE: ZIRKLE AUDITORIUM CAPITAL IMPROVEMENT | $232,809 |
Bowie, MD PURPOSE: PILOT ADMINISTRATION | $220,000 |
Seattle, WA PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT ECDAN COLLABORATION GRANT | $199,838 |
Washington, DC PURPOSE: TWO GENERATIONS FOR IMPACT | $150,395 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bainum Family Foundation has recieved totaling $151,658.
| Awarding Organization | Amount |
|---|---|
Working Families Organization Inc Brooklyn, NY PURPOSE: REFUND ON B-TO-3 GRANT | $151,658 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |
The Heinz Endowments Pittsburgh, PA | $0 | $54,378,087 |
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |