George K Baum Family Foundation
- Assets
- $29.6m
- Revenue
- $477.3k
- Investments
- $25.7m
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 35-2481660
Organization Overview
George K Baum Family Foundation is located in Kansas City, MO. The organization was established in 2014. 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. George K Baum 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 12/2023, George K Baum Family Foundation generated $477.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George K Baum Family Foundation has awarded 297 individual grants totaling $19,655,883. 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
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Kaufmann Baum Vice President | 1 | $0 | |
Jonathan E Baum Treasurer | 1 | $0 | |
Janice C Kreamer Trustee | 1 | $0 | |
Bruce C Davison Secretary | 1 | $0 | |
Lisa Klein Trustee | 1 | $0 | |
Sarah Baum President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,285 |
| Dividends & Interest | $541,323 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$101,064 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,781 |
| Total Revenue | $477,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $200,848 |
| Contributions, gifts, grants paid | $1,270,000 |
| Total expenses and disbursements | $1,470,848 |
| 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 | $407,948 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,857,727 |
| Total assets | $29,589,245 |
| 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, George K Baum Family Foundation has awarded $2,204,000 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
WILLIAM JEWELL COLLEGE PURPOSE: EDUCATIONAL | $1,250 |
PFLAG KANSAS CITY PURPOSE: SOCIETAL BENEFIT | $2,500 |
EL CENTRO PURPOSE: EDUCATIONAL | $75,000 |
KCUR PURPOSE: SOCIETAL BENEFIT | $1,000 |
AMERICAN RED CROSS PURPOSE: MEDICAL PRACTICE & RESEARCH | $1,000 |
AMERICAN PUBLIC SQUARE AT JEWELL PURPOSE: EDUCATIONAL | $1,250 |