Baxter Foundation Inc

Organization Overview

Baxter Foundation Inc is located in Edmond, OK. The organization was established in 2013. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baxter 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 12/2022, Baxter Foundation Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 4.4% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PRIMARY PURPOSE OF TRAINING GOSPEL MINISTERS FOR SPANISH SPEAKING PEOPLE, WITH ASSOCIATED SECONDARY MINISTRIES OF MEDICAL CARE AND LIVELIHOOD TRAINING. MUCH OF ITS WORK IS DONE IN CONJUNCTION WITH THE BAXTER INSTITUTE OF BIBLICAL AND CULTURAL STUDIES AND THE BAXTER CLINIC (PREVIOUSLY KNOWN AS THE JAMES MOODY ADAMS CLINIC).

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS PROGRAM IS SUPPORT FOR THE BAXTER INSTITUTE OF BIBLICAL AND CULTURAL STUDIES AS THEY TRAIN MINISTERS OF THE GOSPEL IN THE SPANISH LANGUAGE.


THIS PROGRAM IS SUPPORT FOR THE BAXTER CLINIC (PREVIOUSLY KNOWN AS THE JAMES MOODY ADAMS MEDICAL CLINIC)IN TEGUCIGALPA, HONDURAS.


GENERAL FUND-RAISING SUPPORT AND ADMINISTRATIVE COSTS.


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Board, Officers & Key Employees

Name (title)Compensation
Tommy Lynn Tom Boren
Trustee
$0
Charlie Mark Brewer
Treasurer
$0
Jerry Lee Brooks
Trustee
$0
Loy Duane Burch
Trustee
$0
David Norman Norm Easter
Chairman
$0
Jim Frazier
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,916,026
Noncash contributions included in lines 1a–1f $101,355
Total Revenue from Contributions, Gifts, Grants & Similar$1,916,026
Total Program Service Revenue$0
Investment income -$107,988
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,650
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,819,688

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