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Baum Family Foundation is a private corporation based in HASTINGS, MI. The foundation received its IRS ruling in 1999. The principal officer is % Larry R Baum. It holds total assets of $11M. Annual income is reported at $5.6M. The foundation operates in the area of community development. According to available records, Baum Family Foundation has made 53 grants totaling $1.9M, with a median grant of $10K. Annual giving has grown from $411K in 2021 to $712K in 2023. Grantmaking activity was highest in 2022 with $750K distributed across 16 grants. Individual grants have ranged from $100 to $465K, with an average award of $35K. The foundation has supported 27 unique organizations. Grants have been distributed to organizations in Michigan and South Carolina and Illinois. Contributions to this foundation are tax-deductible.
Baum Family Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in MI, SC, IL.
Baum Family Foundation has distributed a total of $1.9M across 53 grants. The median grant size is $10K, with an average of $35K. Individual grants have ranged from $100 to $465K.
Baum Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Baum Family Foundation is headquartered in HASTINGS, MI. While based in MI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| A Earlene Baum | DIRECTOR / SECRETARY | $0 | $0 | $0 |
| David L Baum | DIRECTOR / VICE PRESIDENT | $0 | $0 | $0 |
| Larry R Baum | DIRECTOR / PRESIDENT | $0 | $0 | $0 |
Total Giving
$768K
Total Assets
$9.7M
Fair Market Value
$12.3M
Net Worth
$9.7M
Grants Paid
$712K
Contributions
$0
Net Investment Income
$558K
Distribution Amount
$579K
Total: $0
Total Grants
53
Total Giving
$1.9M
Average Grant
$35K
Median Grant
$10K
Unique Recipients
27
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spectrum Health FoundationGENERAL CONTRIBUITONS | Hastings, MI | $90K | 2023 |
| Friends Of Performing Arts CenterGENERAL CONTRIBUTIONS | Hastings, MI | $200K | 2023 |
| Hastings Band BoostersINSTRUMENT FUND | Hastings, MI | $115K | 2023 |
| Hastings Area SchoolsPAY-TO-PLAY | Hastings, MI | $70K | 2023 |
| City Of HastingsPLAZA PERFORMANCE | Hastings, MI | $50K |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| Ymca Of Barry CountyGENERAL CONTRIBUTIONS | Hastings, MI | $50K | 2023 |
| Calvin UniversityGENERAL CONTRIBUTIONS | Grand Rapids, MI | $35K | 2023 |
| Barry Community FoundationSPIRITUAL CARE | Hastings, MI | $20K | 2023 |
| Hastings Public LibraryWINDOW FUND | Hastings, MI | $15K | 2023 |
| Corwell Health FoundationGENERAL CONTRIBUTIONS | Grand Rapids, MI | $10K | 2023 |
| Barry County Commission On AgingGENERAL CONTRIBUTION | Hastings, MI | $10K | 2023 |
| Community Foundation Of Low CountryGENERAL CONTRIBUTIONS | Hilton Head Island, SC | $5K | 2023 |
| Bluffton Self HelpGENERAL CONTRIBUTIONS | Bluffton, SC | $5K | 2023 |
| Hilton Head Humane AssociationGENERAL CONTRIBUTIONS | Hilton Head Island, SC | $5K | 2023 |
| Family Support Center Of Barry CountyGENERAL CONTRIBUTIONS | Hastings, MI | $5K | 2023 |
| Barry County United WayGENERAL CONTRIBUTIONS | Hastings, MI | $5K | 2023 |
| Palmetto Animal LeagueGENERAL CONTRIBUTIONS | Ridgeland, SC | $5K | 2023 |
| Thornapple PlayersGENERAL CONTRIBUTIONS | Hastings, MI | $2K | 2023 |
| Michigan Radio - NprGENERAL CONTRIBUTIONS | Ann Arbor, MI | $100 | 2023 |
| Barry CountySERENITY VILLAGE | Hastings, MI | $465K | 2022 |
| Spiritual Care Consultants Of West MichiganGENERAL CONTRIBUTIONS | Hastings, MI | $25K | 2022 |
| Score Mentors Sc LowcountryGENERAL CONTRIBUTIONS | Hilton Head Island, SC | $5K | 2022 |
| Digestive Health FoundationDIGESTIVE DISORDERS | Chicago, IL | $5K | 2022 |
| United Way Of Low CountryGENERAL CONTRIBUTIONS | Beaufort, SC | $5K | 2022 |
| Legacy Junior Golf FoundationGENERAL CONTRIBUTIONS | Hastings, MI | $11K | 2021 |
| Cherry Health FoundationGENERAL CONTRIBUTIONS | Hastings, MI | $5K | 2021 |
| Michigan RadioGENERAL CONTRIBUTIONS | Ann Arbor, MI | $100 | 2021 |
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