Margaret Baker Foundation
- Assets
- $1.4m
- Revenue
- $735.9k
- Investments
- $1.1m
- Employees
- 0
- Location
- Northfield, IL
- Founding
- 04/1999
- Data as of
- 12/2022
- EIN
- 36-4218007
Organization Overview
Margaret Baker Foundation is located in Northfield, IL. The organization was established in 1999. 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. Margaret Baker Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Margaret Baker Foundation has awarded 66 individual grants totaling $689,000. 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 |
|---|---|---|---|
Albert Baker Director | 0 | $0 | |
David Snyder Treasurer | 0 | $0 | |
Jessica Bertoldi Director | 0 | $0 | |
Madelyn Daneilak Secretary | 0 | $0 | |
Mary Beth Shea Director | 0 | $0 | |
Nancy Purpura Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,050 |
| Interest on Savings | $211 |
| Dividends & Interest | $59,723 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $662,720 |
| Capital Gain Net Income | $662,720 |
| Net ST Capital Gain | $51,327 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,241 |
| Total Revenue | $735,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $799 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $166 |
| Total operating and administrative expenses | $2,765 |
| Contributions, gifts, grants paid | $120,000 |
| Total expenses and disbursements | $122,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $283,150 |
| 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 | $1,382,339 |
| 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, Margaret Baker Foundation has awarded $120,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
REGINA DOMINICAN HIGH SCHOOL PURPOSE: EDUCATION | $20,000 |
BOYS HOPE GIRLS HOPE PURPOSE: COMMUNITY | $15,000 |
ELUSSA'S MISSION PURPOSE: COMMUNITY | $20,000 |
MOTHERS TRUST FOUNDATION PURPOSE: COMMUNITY | $20,000 |
826 CHI PURPOSE: EDUCATION | $10,000 |
MADONNA'S MISSION PURPOSE: COMMUNITY | $20,000 |