Baxter Family Foundation
- Assets
- $7.9m
- Revenue
- $210.6k
- Investments
- $5.6m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 12/2000
- Data as of
- 12/2022
- EIN
- 31-1739566
Organization Overview
Baxter Family Foundation is located in Palm Beach, FL. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Baxter 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 12/2022, Baxter Family Foundation generated $210.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.7% each year . All expenses for the organization totaled $144.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Baxter Family Foundation has awarded 120 individual grants totaling $1,994,091. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $97,124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $113,460 |
| Capital Gain Net Income | $113,460 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $210,591 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,978 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,571 |
| Total operating and administrative expenses | $6,549 |
| Contributions, gifts, grants paid | $137,500 |
| Total expenses and disbursements | $144,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,214 |
| Savings and temporary cash investments | $1,992,092 |
| 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 | $7,890,630 |
| 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, Baxter Family Foundation has awarded $137,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
PALM BEACH ISLAND HOSPICE FOUNDATION PURPOSE: HEALTH AGENCY | $30,000 |
FIGHTING BACK SCHOLARSHIP PROGRAM PURPOSE: SOCIAL AGENCY | $500 |
PEGGY ADAMS ANIMAL RESCUE PURPOSE: CIVIC ORGANIZATION | $10,000 |
ST EDWARD CATHOLIC CHURCH - ST EDWARDS'S GUILD PURPOSE: RELIGIOUS ORGANIZATION | $5,000 |
PRESERVATION FOUNDATION OF PALM BEACH PURPOSE: CULTURAL ORGANIZATION | $10,000 |
PALM BEACH POLICE FOUNDATION PURPOSE: CIVIC ORGANIZATION | $5,000 |