Bauman Family Foundation
- Assets
- $11.6m
- Revenue
- $1.1m
- Investments
- $7.5m
- Employees
- 0
- Location
- Fairfield, NJ
- Founding
- 08/1982
- Data as of
- 06/2024
- EIN
- 13-3119290
Organization Overview
Bauman Family Foundation is located in Fairfield, NJ. The organization was established in 1982. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bauman Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Bauman Family Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $9.9m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2023, Bauman Family Foundation has awarded 30 individual grants totaling $10,395,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Landrum Bryant President | 40 | $0 | |
Rev Msgr Kevin W Irwin Director | 0 | $0 | |
Rev Walter G Lewis Director | 0 | $0 | |
Larry Leaf Director | 0 | $0 | |
Milad Bader Vice President | 40 | $162,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Future Strategies Inc | 6/29/24 | $280,000 |
Dfe Strategic Solutions Llc | 6/29/24 | $198,750 |
Best Bookkeeping Services Ny Llc | 6/29/24 | $85,848 |
Aprio Llp | 6/29/24 | $63,745 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $117,369 |
| Dividends & Interest | $362,059 |
| Net Rental Income | -$419,937 |
| Net Gain on Sale of Assets | $304,708 |
| Capital Gain Net Income | $304,708 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $289,991 |
| Total Revenue | $1,074,127 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $162,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $19,649 |
| Interest | $0 |
| Taxes | $193,409 |
| Depreciation | $125,061 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $23,137 |
| Printing and publications | $0 |
| Other expenses | $211,852 |
| Total operating and administrative expenses | $1,384,764 |
| Contributions, gifts, grants paid | $8,495,000 |
| Total expenses and disbursements | $9,879,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,487 |
| Savings and temporary cash investments | $815,909 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $2,721,475 |
| Investments—mortgage loans | $0 |
| Investments—other | $708,771 |
| Net Land, buildings, and equipment | $464,126 |
| Other assets | $0 |
| Total assets | $11,590,616 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bauman Family Foundation has awarded $8,495,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BLUEPRINT NORTH CAROLINA PURPOSE: SUSTAINING | $100,000 |
DIABETES FOUNDATION PURPOSE: SUSTAINING | $25,000 |
ONE ARIZONA PURPOSE: SUSTAINING | $100,000 |
STATE LEADERSHIP PURPOSE: SUSTAINING | $150,000 |
THE ANDREW GOODMAN FOUNDATION PURPOSE: SUSTAINING | $50,000 |
LEAGUE OF CONSERVATION VOTERS EDUCATION FUND PURPOSE: SUSTAINING | $50,000 |