Baker Hughes Foundation

Organization Overview

Baker Hughes Foundation is located in Houston, TX. The organization was established in 1994. 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 Hughes 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 Hughes Foundation generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 18.6% per year over the past 5 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 2020, Baker Hughes Foundation has awarded 5,443 individual grants totaling $10,728,687. 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)Compensation
Brian Worrell
President
$0
Deanna Jones
Vice President
$0
Regina Jones
Vice President
$0
Rosa E Boling
Secretary/treasurer & Exec Director
$0
Nicole Durham
Vice President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,475,000
Interest on Savings $4,454
Dividends & Interest $24,536
Net Rental Income$0
Net Gain on Sale of Assets $67,665
Capital Gain Net Income $67,665
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,571,655

Grants Awarded

Over the last fiscal year, Baker Hughes Foundation has awarded $2,773,919 in support to 1,392 organizations.

Grant RecipientAmount

1ST CROOKHAM (ODIHAM DISTRICT) SCOUT GROUP

PURPOSE: GENERAL SUPPORT

$100

1ST ROGERSTONE SCOUT GROUP

PURPOSE: GENERAL SUPPORT

$500

1ST RUDDINGTON SCOUT GROUP

PURPOSE: GENERAL SUPPORT

$300

1ST ST CYRUS BROWNIES

PURPOSE: GENERAL SUPPORT

$300

42ND LEICESTER (GLENFIELD) SCOUT GROUP

PURPOSE: GENERAL SUPPORT

$1,000

4TH MORPETH SCOUT GROUP

PURPOSE: GENERAL SUPPORT

$200
View Grant Profile

Peer Organizations

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