Baer Family Inc is located in Janesville, WI. The organization was established in 1995. According to its NTEE Classification (T31) the organization is classified as: Community 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. Baer Family Inc 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, Baer Family Inc generated $62.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $70.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Baer Family Inc has awarded 50 individual grants totaling $250,350. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michele R Baer President | 0 | $0 | |
Thomas R Baer Vice President | 0 | $0 | |
Mara Baer Secretary | 0 | $0 | |
Eric Baer Director | 0 | $0 | |
Vanessa Baer Dubick Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $10,322 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $52,459 |
Capital Gain Net Income | $52,459 |
Net ST Capital Gain | $24,100 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $9 |
Total Revenue | $62,790 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $943 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $4,349 |
Contributions, gifts, grants paid | $65,700 |
Total expenses and disbursements | $70,049 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,595 |
Savings and temporary cash investments | $8,561 |
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 | $1 |
Total assets | $573,702 |
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 |
Over the last fiscal year, Baer Family Inc has awarded $65,700 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
Rochester, MN PURPOSE: CHARITABLE | $50,000 |
Manitowish, WI PURPOSE: CHARITABLE | $10,000 |
KART 4 KIDS PURPOSE: CHARITABLE | $2,500 |
FRIENDS OF KOLLER LIBRARY PURPOSE: EDUCATIONAL | $1,000 |
Avon, MN PURPOSE: CHARITABLE | $1,000 |
Richmond, MN PURPOSE: CHARTIABLE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
Midland Area Community Foundation Midland, MI | $121,202,704 | $11,959,875 |
Community Foundation Of Northern Illinois Rockford, IL | $141,924,845 | $12,064,778 |
Community Foundation Of Northeast Iowa Cedar Falls, IA | $163,015,524 | $24,241,546 |
West Central Initiative Fergus Falls, MN | $80,928,029 | $10,157,757 |
Berrien Community Foundation Inc St Joseph, MI | $80,848,791 | $11,315,608 |
South Central Iowa Community Foundation Chariton, IA | $15,877,246 | $5,307,597 |
Waukesha County Community Foundation Inc Waukesha, WI | $76,894,981 | $24,718,378 |
Saginaw Community Foundation Saginaw, MI | $102,443,915 | $13,682,222 |
Community Foundation Of St Clair County Port Huron, MI | $89,709,693 | $10,612,101 |
Community Foundation Of The Fox River Valley Aurora, IL | $129,427,234 | $19,610,188 |