Gail L Baird Family Foundation Inc
- Assets
- $11.8m
- Revenue
- $454.9k
- Investments
- $2.9m
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-5239860
Organization Overview
Gail L Baird Family Foundation Inc is located in Sarasota, FL. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Gail L Baird Family Foundation 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, Gail L Baird Family Foundation Inc generated $454.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $824.8k during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 6 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 2015, Gail L Baird Family Foundation Inc has awarded 154 individual grants totaling $4,400,656. 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 |
|---|---|---|---|
Eric R Baird Director | 1 | $0 | |
Scott W Baird Director | 1 | $0 | |
William W Baird Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $125,453 |
| Interest on Savings | $2,553 |
| Dividends & Interest | $8,996 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $178,194 |
| Capital Gain Net Income | $178,194 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $139,668 |
| Total Revenue | $454,864 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $56,519 |
| Pension plans, employee benefits | $4,324 |
| Interest | $0 |
| Taxes | $50,230 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,613 |
| Total operating and administrative expenses | $128,441 |
| Contributions, gifts, grants paid | $696,322 |
| Total expenses and disbursements | $824,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,607 |
| Savings and temporary cash investments | $8,918,847 |
| 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 | $2,870,929 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,808,383 |
| 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, Gail L Baird Family Foundation Inc has awarded $252,230 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
PHI MU FOUNDATION PURPOSE: PHI MU FOUNDATION DONATION | $100 |
INDIAN RIVER STATE COLLEGE PURPOSE: 2022 INDIAN RIVER STATE COLLEGE VOLLEYBALL CHALLENGE | $200 |
NAVY SEAL FOUNDATION PURPOSE: NAVY SEAL FOUNDATION EVENT ON 11/1/22 | $275 |
LOUIS AND GLORIA FLANZER TRUST PURPOSE: SERTOMA CLUB OF GREATER SARASOTA 2022 SPORTING CLAYS TOURNAMENT | $300 |
FLORIDA SHERIFF ASSOCIATION PURPOSE: 2023 HONORARY GOLD MEMBERSHIP, FLORIDA SHERIFFS YOUTH RANCHES | $400 |
MAYO CLINIC PURPOSE: DONATION FROM ERIC IN HONOR OF GAIL BAIRD | $500 |