A W Baldwin Charitable Foundation Inc
- Assets
- $15.3m
- Revenue
- $3.8m
- Investments
- $15.1m
- Employees
- 0
- Location
- Ashton, MD
- Founding
- 04/1969
- Data as of
- 12/2023
- EIN
- 23-7004131
Organization Overview
A W Baldwin Charitable Foundation Inc is located in Ashton, MD. The organization was established in 1969. 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. A W Baldwin Charitable Foundation Inc 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 12/2023, A W Baldwin Charitable Foundation Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $2.8m during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, A W Baldwin Charitable Foundation Inc has awarded 52 individual grants totaling $16,325,000. 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 |
|---|---|---|---|
Barbara D Benson President | 1 | $0 | |
Courtney Benson Secretary | 1 | $0 | |
Elizabeth Graham Director | 20 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,851 |
| Dividends & Interest | $630,778 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,150,258 |
| Capital Gain Net Income | $3,150,258 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,812,887 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $69,385 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $176,047 |
| Total operating and administrative expenses | $307,351 |
| Contributions, gifts, grants paid | $2,490,000 |
| Total expenses and disbursements | $2,797,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,295 |
| Savings and temporary cash investments | $0 |
| 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 | $15,132,465 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,306,760 |
| 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, A W Baldwin Charitable Foundation Inc has awarded $2,490,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
A WIDER CIRCLE PURPOSE: CHARITABLE | $100,000 |
EMPOWERING THE AGES PURPOSE: CHARITABLE | $100,000 |
LOWELL SCHOOL PURPOSE: CHARITABLE | $200,000 |
LITERACY COUNCIL OF MONTGOMERY COUNTY PURPOSE: CHARITABLE | $190,000 |
OUR HOUSE PURPOSE: CHARITABLE | $100,000 |
AMERICAN GIFT FUND PURPOSE: CHARITABLE | $1,300,000 |