//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Melvin R Baum Private Foundation Inc. is a private corporation based in MORTON, IL. The foundation received its IRS ruling in 1999. The principal officer is Linda L Baum. It holds total assets of $3.1M. Annual income is reported at $549K. Total assets have grown from $2.5M in 2011 to $3.6M in 2022. The foundation is governed by 3 officers and trustees. The foundation made charitable contributions to 22 recognized charities during the year ended 12/31/22. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2022. The foundation primarily funds organizations in Illinois and Indiana. According to available records, Melvin R Baum Private Foundation Inc. has made 66 grants totaling $934K, with a median grant of $5K. Annual giving has grown from $289K in 2020 to $645K in 2022. Individual grants have ranged from $100 to $85K, with an average award of $14K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Illinois, Indiana, Florida, which account for 89% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$5K
Average Grant
$13K
Largest Grant
$85K
Based on 22 grants from the most recent 990-PF filing.
The foundation made charitable contributions to 22 recognized charities during the year ended 12/31/20
Expenses: $289K
The foundation made charitable contributions to 22 recognized charities during the year ended 12/31/22. Based on available records, the foundation has funded 66 grants. Its grantmaking reaches organizations primarily in IL, IN, FL.
Melvin R Baum Private Foundation Inc. has distributed a total of $934K across 66 grants. The median grant size is $5K, with an average of $14K. Individual grants have ranged from $100 to $85K.
Melvin R Baum Private Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Melvin R Baum Private Foundation Inc. is headquartered in MORTON, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Linda Baum | PRES/DIR | $0 | $0 | N/A |
| Craig Baum | SEC/DIR | $0 | $0 | N/A |
| Michael Thomas | TREAS/DIR | $0 | $0 | N/A |
Total Giving
$372K
Total Assets
$3.6M
Fair Market Value
$4.3M
Net Worth
$3.6M
Grants Paid
$323K
Contributions
N/A
Net Investment Income
$183K
Distribution Amount
N/A
Total: $3.5M
Total Grants
66
Total Giving
$934K
Average Grant
$14K
Median Grant
$5K
Unique Recipients
23
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyCHARITABLE | Peoria, IL | $12K | 2022 |
| Apostolic Christian LifepointsCHARITABLE | Morton, IL | $85K | 2022 |
| Midwest Food BankCHARITABLE | Morton, IL | $65K | 2022 |
| Apostolic Christian Church Of Fort MyersCHARITABLE | For Myers, FL | $40K | 2022 |
| Harvest Call MinistriesCHARITABLE | West Lafayette, IN | $30K | 2022 |
| Loving Shepherd MinistriesCHARITABLE | Bluffton, IN | $27K | 2022 |
| Apostolic Christ ChurchCHARITABLE | Morton, IL | $17K | 2022 |
| The Independence FundCHARITABLE | Charlotte, NC | $15K | 2022 |
| Gateway WoodsCHARITABLE | Leo, IN | $5K | 2022 |
| South Side MissionCHARITABLE | Peoria, IL | $5K | 2022 |
| Apostolic Christian RestmorCHARITABLE | Morton, IL | $5K | 2022 |
| Spread TruthCHARITABLE | Bloomington, IL | $5K | 2022 |
| We Trust In HimCHARITABLE | Peoria, IL | $5K | 2022 |
| Peoria Rescue MinistriesCHARITABLE | Peoria, IL | $2K | 2022 |
| Jubilee MinistriesCHARITABLE | Peoria, IL | $1K | 2022 |
| Osf FoundationCHARITABLE | Peoria, IL | $1K | 2022 |
| Morton Community FoundationCHARITABLE | Morton, IL | $1K | 2022 |
| Central Il Riding TherapyCHARITABLE | East Peoria, IL | $500 | 2022 |
| WbnhCHARITABLE | Pekin, IL | $500 | 2022 |
| Journal Star Christmas FundCHARITABLE | Peoria, IL | $500 | 2022 |
| Feed The ChildrenCHARITABLE | Oklahoma City, OK | $500 | 2022 |
| St Jude Childrens HospitalCHARITABLE | Peoria, IL | $200 | 2022 |