The Baxter Foundation
- Assets
- $84.4m
- Revenue
- $9.6m
- Investments
- $79.9m
- Employees
- 0
- Location
- Deerfield, IL
- Founding
- 08/1982
- Data as of
- 12/2021
- EIN
- 36-3159396
Organization Overview
The Baxter Foundation is located in Deerfield, IL. 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. Baxter 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 12/2021, Baxter Foundation generated $9.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $12.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Baxter Foundation has awarded 5,795 individual grants totaling $38,430,634. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Fleming Treasurer | 0.25 | $0 | |
David B Ferguson Director (end 03 2021) | 0.1 | $0 | |
Veronica Arroyave Executive Director | 10 | $0 | |
Jennifer Di Director (from 03 2021) | 0.1 | $0 | |
Stacey Eisen President | 0.25 | $0 | |
Ramon Rivera Director (from 03 2021) | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000,000 |
| Interest on Savings | $3,022 |
| Dividends & Interest | $857,797 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,717,667 |
| Capital Gain Net Income | $5,717,667 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $126 |
| Total Revenue | $9,578,612 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,199 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $237,531 |
| Total operating and administrative expenses | $310,689 |
| Contributions, gifts, grants paid | $11,987,904 |
| Total expenses and disbursements | $12,298,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,867,423 |
| Savings and temporary cash investments | $122,148 |
| Net Accounts receivable | $456,164 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $84,356,508 |
| Accounts payable and accrued expenses | $453,944 |
| 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 | $453,944 |
Grants Awarded
Over the last fiscal year, The Baxter Foundation has awarded $14,565,189 in support to 2,269 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: BAXTER INTERNATIONAL FOUNDATION HBCU STEM SCHOLARSHIP & TEACHER RETENTION PROGRAM | $3,500,000 |
Virginia Beach, VA PURPOSE: DOLLARS FOR DOERS GRANT | $1,300,000 |
PARTNERS IN HEALTH PURPOSE: EXPANDING ACCESS TO SURGICAL CARE FOR WOMEN IN CHIAPAS MEXICO | $750,000 |
Minneapolis, MN PURPOSE: 2021 GLOBAL SCHOLARSHIP PROGRAM | $744,000 |
Virginia Beach, VA PURPOSE: PROMOTE ACCESS TO SAFE SURGERY & NUTRITION IN INDIA | $700,000 |
AMERICAN DIABETES ASSOCIATION PURPOSE: LIVE EMPOWERED, LEARNING TO THRIVE WITH AND PREVENT DIABETES | $700,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |
William R Kenan Jr Charitable Trust Chicago, IL | $564,490,046 | $137,606,226 |
Polk Bros Foundation Inc Chicago, IL | $329,136,356 | $57,050,478 |
Pritzker Foundation Chicago, IL | $0 | $47,756,040 |
Trott Family Foundation Chicago, IL | $0 | $2,395,873 |
Anthem Foundation Inc Indianapolis, IN | $153,394,091 | $25,472,782 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Manton Foundation Chicago, IL | $499,091,994 | $69,635,634 |