Reginald R And Jameson A Baxter Foundation
- Assets
- $8.7m
- Revenue
- $574.3k
- Investments
- $8.6m
- Employees
- 0
- Location
- North Palm Beach, FL
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 27-5276739
Organization Overview
Reginald R And Jameson A Baxter Foundation is located in North Palm Beach, FL. The organization was established in 2012. 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. Reginald R And Jameson A Baxter 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 12/2023, Reginald R And Jameson A Baxter Foundation generated $574.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $684.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Reginald R And Jameson A Baxter Foundation has awarded 181 individual grants totaling $4,871,638. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry A Adkins Secretary | 2 | $0 | |
Jameson Baxter President And Treasurer | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $304,880 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $268,578 |
| Capital Gain Net Income | $268,578 |
| Net ST Capital Gain | $2,050 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $878 |
| Total Revenue | $574,336 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,423 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $141 |
| Total operating and administrative expenses | $63,602 |
| Contributions, gifts, grants paid | $621,000 |
| Total expenses and disbursements | $684,602 |
| 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 | $316 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,685 |
| Total assets | $8,652,494 |
| 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, Reginald R And Jameson A Baxter Foundation has awarded $621,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
LOST TREE FOUNDATION PURPOSE: GENERAL | $75,000 |
MOUNT HOLYOKE COLLEGE PURPOSE: GENERAL | $25,000 |
NATURE CONSERVANCY - ADIRONDACK CHA PURPOSE: GENERAL | $10,000 |
EMMA WILLARD SCHOOL PURPOSE: GENERAL | $125,000 |
ADIRONDACK LAND TRUST PURPOSE: GENERAL | $20,000 |
CLEVELAND CLINIC PHILANTHROPY TRUST PURPOSE: GENERAL | $25,000 |