George T Baker Foundation Inc is located in Greensboro, NC. The organization was established in 1958. 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. George T Baker 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 05/2024, George T Baker Foundation Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $128.5k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, George T Baker Foundation Inc has awarded 583 individual grants totaling $911,500. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barbara I Baker Chairman | 1 | $0 | |
Patricia Walsh Secretary/treasurer | 5 | $0 | |
Gordon B Baker Trustee | 1 | $0 | |
Raymond Beahn Jr President | 1 | $0 | |
Haley Beahn Trustee | 1 | $0 | |
G Badger Baker III Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $352 |
Dividends & Interest | $46,821 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$37,152 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $10,021 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $34,500 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $62 |
Printing and publications | $0 |
Other expenses | $532 |
Total operating and administrative expenses | $43,514 |
Contributions, gifts, grants paid | $85,000 |
Total expenses and disbursements | $128,514 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,071 |
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 | $234 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $495,131 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,177,778 |
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, George T Baker Foundation Inc has awarded $85,000 in support to 53 organizations.
Grant Recipient | Amount |
---|---|
ALLIANCE THEATER PURPOSE: IMPROVE QUALITY OF LIFE FOR INDIVIDUALS AND ANIMALS | $1,000 |
ATLANTA COMMUNITY FOOD BANK PURPOSE: IMPROVE QUALITY OF LIFE FOR INDIVIDUALS AND ANIMALS | $1,000 |
AVERY COUNTY HABITAT FOR HUMANITY PURPOSE: IMPROVE QUALITY OF LIFE FOR INDIVIDUALS AND ANIMALS | $1,000 |
AVERY COUNTY HUMANE SOCIETY PURPOSE: IMPROVE QUALITY OF LIFE FOR INDIVIDUALS AND ANIMALS | $1,000 |
BISHOP MCGUINNESS CATHOLIC HIGH SCHOOL PURPOSE: IMPROVE QUALITY OF LIFE FOR INDIVIDUALS AND ANIMALS | $1,000 |
BLOWING ROCK CHARITY HORSE SHOW FOUNDATION PURPOSE: IMPROVE QUALITY OF LIFE FOR INDIVIDUALS AND ANIMALS | $4,000 |