The Baxter Foundation
- Assets
- $61.5m
- Revenue
- $7.3m
- Investments
- $60.2m
- Employees
- 0
- Location
- Deerfield, IL
- Founding
- 08/1982
- Data as of
- 12/2022
- EIN
- 36-3159396
Organization Overview
The Baxter Foundation is located in Deerfield, IL. The organization was established in 1982. 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. 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 12/2022, Baxter Foundation generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $18.7m during the year ending 12/2022. While expenses have increased by 27.3% per year over the past 4 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 2019, Baxter Foundation has awarded 8,504 individual grants totaling $57,232,264. 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
2022
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 |
|---|---|---|---|
Stacey Eisen President | 0.25 | $0 | |
Christine Fleming Treasurer | 0.25 | $0 | |
Veronica Arroyave Executive Director | 10 | $0 | |
Giuseppe Accogli Director | 0.05 | $0 | |
Ramon Rivera Director (end 03 2022) | 0.1 | $0 | |
Jacqueline Kunzler Director | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cybergrants | 12/30/22 | $133,964 |
Scholarship America | 12/30/22 | $104,650 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,800,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $549,884 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,960,004 |
| Capital Gain Net Income | $2,960,004 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,309,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $113,015 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $285,519 |
| Total operating and administrative expenses | $450,825 |
| Contributions, gifts, grants paid | $18,202,329 |
| Total expenses and disbursements | $18,653,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,311,445 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $61,495,373 |
| Accounts payable and accrued expenses | $304,017 |
| Grants payable | $5,995,161 |
| 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 | $6,299,178 |
Grants Awarded
Over the last fiscal year, The Baxter Foundation has awarded $18,801,630 in support to 2,709 organizations.
| Grant Recipient | Amount |
|---|---|
100 BLACK MEN OF SYRACUSE INC PURPOSE: 2023 CAPACITY BUILDING GRANT | $20,000 |
A BETTER CHANCE INC PURPOSE: DOLLARS FOR DOERS GRANT | $500 |
24 FOUNDATION INC PURPOSE: MATCHING GIFTS GRANT | $250 |
A BETTER CHANCE INC PURPOSE: MATCHING GIFTS GRANT | $100 |
A FOUNDATION BUILDING STRENGTH INC PURPOSE: DOLLARS FOR DOERS GRANT | $500 |
A FOUNDATION BUILDING STRENGTH INC PURPOSE: MATCHING GIFTS GRANT | $524 |