Baker Family Foundation
- Assets
- $54.0k
- Revenue
- $33.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, AL
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-2592778
Organization Overview
Baker Family Foundation is located in Florence, AL. The organization was established in 2015. 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. Baker 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 12/2022, Baker Family Foundation generated $33.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $29.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Baker Family Foundation has awarded 56 individual grants totaling $173,484. 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 |
|---|---|---|---|
Ryan Baker Director | 0 | $0 | |
Gary Baker Director | 0 | $0 | |
Shane Baker Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $33,299 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,527 |
| Total operating and administrative expenses | $14,502 |
| Contributions, gifts, grants paid | $14,669 |
| Total expenses and disbursements | $29,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,043 |
| 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 | $54,043 |
| Accounts payable and accrued expenses | $1,976 |
| 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 | $1,976 |
Grants Awarded
Over the last fiscal year, Baker Family Foundation has awarded $14,669 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
HANDS ACROSS THE BAY PURPOSE: BENEVOLENT DONATION | $1,000 |
HERITAGE CHRISTIAN UNIVERSITY PURPOSE: BENEVOLENT DONATION | $500 |
KIWANIS PURPOSE: BENEVOLENT DONATION | $125 |
MISS ALABAMA VOLUNTEER PURPOSE: BENEVOLENT DONATION | $100 |
NAVY SEAL FOUNDATION PURPOSE: BENEVOLENT DONATION | $5,000 |
OZONE MUSIC FOUNDATION PURPOSE: BENEVOLENT DONATION | $1,000 |