//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Marjorie & V M Baich Foundation is a private corporation based in COLERAINE, MN. The foundation received its IRS ruling in 1999. The principal officer is V M Baich. It holds total assets of $105K. Annual income is reported at $6K. Total assets have decreased from $452K in 2011 to $105K in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Minnesota and Wisconsin. According to available records, Marjorie & V M Baich Foundation has made 33 grants totaling $60K, with a median grant of $1K. Annual giving has grown from $8K in 2020 to $10K in 2023. Grantmaking activity was highest in 2022 with $43K distributed across 22 grants. Individual grants have ranged from $273 to $9K, with an average award of $2K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Minnesota, Illinois, Wisconsin, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 6 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.
Marjorie & V M Baich Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in MN, IL, WI.
Marjorie & V M Baich Foundation has distributed a total of $60K across 33 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $273 to $9K.
The application deadline is ANNUALLY BETWEEN FEBRUARY 15 AND MAY 15. Awards granted to residents/organizations within itasca and southwest st. Louis counties.
Marjorie & V M Baich Foundation is headquartered in COLERAINE, MN. While based in MN, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Baich | PRESIDENT/TR | $0 | $0 | N/A |
| Gregory Baich | DIRECTOR | $0 | $0 | N/A |
| Stephanie Smit | DIRECTOR | $0 | $0 | N/A |
| William Mager | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$105K
Fair Market Value
N/A
Net Worth
$75K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
33
Total Giving
$60K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
16
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MinnesotaSCHOLARSHIP | Minneapolis, MN | $1K | 2022 |
| Amherst CollegeSCHOLARSHIP | Amherst, MA | $725 | 2020 |
| Minnesota North CollegeSCHOLARSHIPS | Hibbing, MN | $5K | 2023 |
| University Of Minnesota - DuluthSCHOLARSHIPS | Duluth, MN | $3K | 2023 |
| Greenway Join Recreation AssociatioDONATION | Coleraine, MN | $1K | 2023 |
| Lake Superior CollegeSCHOLARSHIP | Duluth, MN | $750 | 2023 |
| Bemidji State UnivSCHOLARSHIP | Bemidji, MN | $2K | 2022 |
| Columbia College ChicagoSCHOLARSHIP | Chicago, IL | $2K | 2022 |
| NamiDONATION | Grand Rapids, MN | $2K | 2022 |
| Northwest Technical CollegeSCHOLARSHIP | Bemidji, MN | $2K | 2022 |
| University Of Mn - CrookstonSCHOLARSHIP | Crookston, MN | $1K | 2022 |
| University Of Wisconsin - SuperiorSCHOLARSHIP | Superior, WI | $500 | 2022 |
| Great Tails Animal RescueDONATION | Grand Rapids, MN | $273 | 2022 |
| Mn State Community CollegeSCHOLARSHIP | Detroit Lakes, MN | $2K | 2020 |
| College Of St ScholasticaSCHOLARSHIP | Duluth, MN | $1K | 2020 |
| Mount Mary CollegeSCHOLARSHIP | Milwaukee, WI | $500 | 2020 |