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Baker Family Foundation Inc. is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 2017. The principal officer is W Prentiss Baker Iii. It holds total assets of $4.7M. Annual income is reported at $1.8M. Total assets have grown from $203K in 2019 to $4M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Baker Family Foundation Inc. has made 30 grants totaling $413K, with a median grant of $3K. Annual giving has grown from $12K in 2020 to $397K in 2022. Individual grants have ranged from $200 to $155K, with an average award of $14K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Baker Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in NC.
Baker Family Foundation Inc. has distributed a total of $413K across 30 grants. The median grant size is $3K, with an average of $14K. Individual grants have ranged from $200 to $155K.
Baker Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Baker Family Foundation Inc. is headquartered in RALEIGH, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W Prentiss Baker Iii | PRESIDENT AND TREASURER | $0 | $0 | N/A |
| Joan M Baker | VICE PRESIDENT AND SECRETA | $0 | $0 | N/A |
Total Giving
$98K
Total Assets
$4M
Fair Market Value
$4.1M
Net Worth
$4M
Grants Paid
$79K
Contributions
$2M
Net Investment Income
$41K
Distribution Amount
$111K
Total: $1.8M
Total Grants
30
Total Giving
$413K
Average Grant
$14K
Median Grant
$3K
Unique Recipients
14
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hillyer Memorial Christian ChurchCHARITABLE-GENERAL SUPPORT | Raleigh, NC | $155K | 2022 |
| Boys And Girls ClubsCHARITABLE-GENERAL SUPPORT | Raleigh, NC | $20K | 2022 |
| Triangle Family ServicesCHARITABLE-GENERAL SUPPORT | Raleigh, NC | $5K | 2022 |
| Alliance Medical MinistryCHARITABLE-GENERAL SUPPORT | Raleigh, NC | $5K | 2022 |
| Christian Church (Disciples Of Christ) In North CarolinaCHARITABLE-GENERAL SUPPORT | Wilson, NC | $3K | 2022 |
| Triad Coalition For LifeCHARITABLE-GENERAL SUPPORT | Greensboro, NC | $3K | 2022 |
| Justicematters IncCHARITABLE-GENERAL SUPPORT | Durham, NC | $3K | 2022 |
| Spca Of Wake CountyCHARITABLE-GENERAL SUPPORT | Raleigh, NC | $2K | 2022 |
| Power Of Play FoundationCHARITABLE-GENERAL SUPPORT | Greensboro, NC | $2K | 2022 |
| The John Locke FoundationCHARITABLE-GENERAL SUPPORT | Raleigh, NC | $1K | 2022 |
| Baptist Children'S Homes Of North Carolina IncCHARITABLE-GENERAL SUPPORT | Thomasville, NC | $1K | 2022 |
| Hearts & Hands For HaitiCHARITABLE-GENERAL SUPPORT | Raleigh, NC | $200 | 2022 |
| Cross Pointe Biblical CounselingCHARITABLE-GENERAL SUPPORT | Raleigh, NC | $3K | 2021 |
| Mission TriangleCHARITABLE-GENERAL SUPPORT | Raleigh, NC | $3K | 2020 |