The information for Baxter Trust is as of the organization's most recent filing in December '21. This organization is located in Houston, TX. It has been in existence for 35 years, following its founding in 1986.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Baxter Trust's NTEE code is T22. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "22" tells us that the organization is a Private Independent Foundation. The NTEE describes Private Independent Foundations as private foundations that make grants based on charitable endowments. They are primarily focused on grantmaking and do not actively raise funds or seek public financial support. Private Independent Foundations are generally endowed, usually from a single individual or family, and may be considered family foundations if relatives or the original donor are still involved in the foundation's operations. Additionally, the Baxter Trust is classified under section 3 of the Internal Revenue Code, which includes Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals Organizations.
Our dataset contains six years of grant history for the Baxter Trust. Over the course of these six years, they have awarded a total of 253 grants, with an average check size of $49,887. The organization awards grants in various sectors, with the highest number of grants awarded in the Human Services sector (50), followed by Education (13) and Health Care (11). In terms of geographical distribution, the majority of grants were awarded in Texas (247), with smaller numbers of grants awarded in New York (1), Vermont (1), Missouri (1), West Virginia (1), Colorado (1), and Illinois (1).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas G Hambrick Jr CEO | 40 | $197,200 | |
Fred Robertson Trustee | 1 | $0 | |
Thao Costis Trustee | 1 | $0 | |
Sonja Gee Trustee | 1 | $0 | |
Alan Stewart Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $10 |
Dividends & Interest | $1,392,710 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $5,372,650 |
Capital Gain Net Income | $5,372,650 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $1,173 |
Total Revenue | $6,766,543 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $197,200 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $93,330 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $1,180 |
Printing and publications | $0 |
Other expenses | $62,238 |
Total operating and administrative expenses | $487,345 |
Contributions, gifts, grants paid | $2,093,500 |
Total expenses and disbursements | $2,580,845 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1 |
Savings and temporary cash investments | $6,359 |
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 | $76,647 |
Total assets | $48,400,713 |
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, Baxter Trust has awarded $2,093,500 in support to 41 organizations.
Grant Recipient | Amount |
---|---|
EDUCATIONAL PROGRAMS INSPIRING COMMUNITIES DBA THE HEART PROGRAM PURPOSE: H.E.A.R.T. VENDING JOB TRAINING PROGRAM | $100,000 |
Houston, TX PURPOSE: FREEWAY MANOR PARK RENOVATION | $100,000 |
REMIND DEPRESSION AND BIPOLAR SUPPORT PURPOSE: DEPRESSION AND BIPOLAR GROUP SUPPORT | $100,000 |
THE MEN'S CENTER DBA RECENTER PURPOSE: UNDESIGNATED FUNDING | $80,000 |
Houston, TX PURPOSE: CAMPAIGN FOR COURAGE | $80,000 |
Houston, TX PURPOSE: THE REED FAMILY CLINIC | $75,000 |
Organization Name | Assets | Revenue |
---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |