Stephen W And Susan M Baird Foundation is located in Chicago, IL. The organization was established in 2005. 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. Stephen W And Susan M Baird 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 12/2022, Stephen W And Susan M Baird Foundation generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $2.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Stephen W And Susan M Baird Foundation has awarded 150 individual grants totaling $5,036,224. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NOT APPLICABLE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen W Baird Director, President | 0 | $0 | |
Susan M Baird Director, Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,765,000 |
| Interest on Savings | $96,311 |
| Dividends & Interest | $378,169 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,443,734 |
| Capital Gain Net Income | $1,473,104 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$341,114 |
| Total Revenue | $3,342,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $72,117 |
| Taxes | $26,222 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $204 |
| Total operating and administrative expenses | $329,736 |
| Contributions, gifts, grants paid | $2,036,955 |
| Total expenses and disbursements | $2,366,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $943,985 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $34,809,394 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12 |
| Total assets | $35,753,391 |
| 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 | $7,500 |
| Total liabilities | $7,500 |
Over the last fiscal year, Stephen W And Susan M Baird Foundation has awarded $2,036,955 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
THE MORTON ARBORETUM PURPOSE: GENERAL AND UNRESTRICTED | $310,000 |
ALLIES FOR COMMUNITY BUSINESS PURPOSE: GENERAL AND UNRESTRICTED | $30,000 |
ANDERSON RANCH ARTS CENTER PURPOSE: GENERAL AND UNRESTRICTED | $215,000 |
AMERICAN RED CROSS PURPOSE: GENERAL AND UNRESTRICTED | $5,000 |
THE TRUST FOR PUBLIC LAND PURPOSE: GENERAL AND UNRESTRICTED | $77,500 |
HARVARD UNIVERSITY PURPOSE: GENERAL AND UNRESTRICTED | $485,000 |