Katherine Baxter Memorial Foundation
- Assets
- $372.5k
- Revenue
- $31.6k
- Investments
- $365.0k
- Employees
- 0
- Location
- Escondido, CA
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 33-0522589
Organization Overview
Katherine Baxter Memorial Foundation is located in Escondido, CA. The organization was established in 1992. 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. Katherine Baxter Memorial 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 12/2021, Katherine Baxter Memorial Foundation generated $31.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $26.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Katherine Baxter Memorial Foundation has awarded 72 individual grants totaling $197,315. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randolph Ortlieb Trustee | 1 | $1,000 | |
Frederick M Ortlieb Trustee | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $9,292 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,471 |
| Capital Gain Net Income | $20,471 |
| Net ST Capital Gain | $7,559 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,809 |
| Total Revenue | $31,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,535 |
| Total operating and administrative expenses | $8,535 |
| Contributions, gifts, grants paid | $18,000 |
| Total expenses and disbursements | $26,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,485 |
| 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 | $4,311 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $372,502 |
| 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, Katherine Baxter Memorial Foundation has awarded $18,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA PURPOSE: DONATION | $7,000 |
GREEN OAK RANCH PURPOSE: DONATION | $3,000 |
Escondido, CA PURPOSE: DONATION | $2,500 |
DIAL-A- PRAYER MINISTRIES PURPOSE: DONATION | $2,500 |
Escondido, CA PURPOSE: DONATION | $1,000 |
PATRICK HENRY HS ALUMNI FOUNDATION PURPOSE: DONATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |