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Richard Baidas Memorial Scholarship Foundation is a private corporation based in MILFORD, MI. The foundation received its IRS ruling in 2006. The principal officer is Ruth Baidas. It holds total assets of $2M. Annual income is reported at $1M. Total assets have grown from $425K in 2011 to $1.7M in 2023. The foundation is governed by 4 officers and trustees. To provide scholarship funds for children and grandchildren of employees of rv dealership. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Michigan, Utah and Ohio. According to available records, Richard Baidas Memorial Scholarship Foundation has made 92 grants totaling $428K, with a median grant of $5K. Annual giving has grown from $64K in 2020 to $90K in 2023. Grantmaking activity was highest in 2022 with $272K distributed across 50 grants. Individual grants have ranged from $218 to $12K, with an average award of $5K. The foundation has supported 42 unique organizations. The foundation primarily supports organizations in Michigan, Ohio, Alabama, which account for 74% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$218
Median Grant
$3K
Average Grant
$4K
Largest Grant
$8K
Based on 18 grants from the most recent 990-PF filing.
To provide scholarship funds for children and grandchildren of employees of rv dealership.
To provide scholarship funds for children and grandchildren of employees of rv dealership. Based on available records, the foundation has funded 92 grants. Its grantmaking reaches organizations primarily in MI, OH, AL.
Richard Baidas Memorial Scholarship Foundation has distributed a total of $428K across 92 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $218 to $12K.
Richard Baidas Memorial Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals. Funds made available to children of employees that have been employed by company for at least five years or for the grandchildren of employees that have been employed for at least fifteen years.
Richard Baidas Memorial Scholarship Foundation is headquartered in MILFORD, MI. While based in MI, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ruth Baidas | DIRECTOR | $0 | $0 | N/A |
| Loren Baidas | DIRECTOR | $0 | $0 | N/A |
| Lanise Stufft | DIRECTOR | $0 | $0 | N/A |
| Austin Baidas | DIRECTOR | $0 | $0 | N/A |
Total Giving
$161K
Total Assets
$1.7M
Fair Market Value
$2.3M
Net Worth
$1.7M
Grants Paid
$90K
Contributions
$50K
Net Investment Income
$55K
Distribution Amount
$100K
Total Grants
92
Total Giving
$428K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
42
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of AlabamaSCHOLARSHIP | Tuscaloosa, AL | $10K | 2023 |
| Michigan State UniversitySCHOLARSHIP | East Lansing, MI | $8K | 2023 |
| Grand Valley State UniversitySCHOLARSHIP | Allendale, MI | $8K | 2023 |
| Cleveland State UniversitySCHOLARSHIP | Cleveland, OH | $5K | 2023 |
| Kettering UniversitySCHOLARSHIP | Flint, MI | $5K | 2023 |
| Oakland UniversitySCHOLARSHIP | Rochester, MI | $5K | 2023 |
| University Of ToledoSCHOLARSHIP | Toledo, OH | $5K | 2023 |
| Utah State UniversitySCHOLARSHIP | Logan, UT | $5K | 2023 |
| Utah Valley UniversitySCHOLARSHIP | Orem, UT | $5K | 2023 |
| Eastern Michigan UniversitySCHOLARSHIP | Ypsilanti, MI | $5K | 2023 |
| Washtenaw Community CollegeSCHOLARSHIP | Ann Arbor, MI | $3K | 2023 |
| Boise State UniversitySCHOLARSHIP | Boise, ID | $3K | 2023 |
| Indiana State UniversitySCHOLARSHIP | Terre Haute, IN | $3K | 2023 |
| University Of IllinoisSCHOLARSHIP | Chicago, IL | $3K | 2023 |
| Michigan Tech UniversitySCHOLARSHIP | Houghton, MI | $3K | 2023 |
| Calvin UniversitySCHOLARSHIP | Grand Rapids, MI | $3K | 2023 |
| Akron UniversitySCHOLARSHIP | Akron, OH | $3K | 2023 |
| University Of Michigan-FlintSCHOLARSHIP | Flint, MI | $3K | 2023 |
| Central Michigan UnivSCHOLARSHIP | Mount Pleasant, MI | $3K | 2023 |
| Western Michigan UniversitySCHOLARSHIP | Kalamazoo, MI | $3K | 2023 |
| Oakland County Community CollegeSCHOLARSHIP | Auburn Hills, MI | $2K | 2023 |
| Salt Lake Community CollegeSCHOLARSHIP | Salt Lake City, UT | $2K | 2023 |
| Macomb Community CollegeSCHOLARSHIP | Warren, MI | $2K | 2023 |
| Hope CollegeSCHOLARSHIP | Holland, MI | $9K | 2022 |
| Kent State UniversitySCHOLARSHIP | Kent, OH | $7K | 2022 |
| Indiana UniversitySCHOLARSHIP | Bloomington, IN | $7K | 2022 |
| University Of AkronSCHOLARSHIP | Akron, OH | $7K | 2022 |
| Franklin UniversitySCHOLARSHIP | Columbus, OH | $5K | 2022 |
| Spring Arbor UniversitySCHOLARSHIP | Spring Arbor, MI | $5K | 2022 |