Baiardi Family Foundation Inc
- Assets
- $6.8m
- Revenue
- $626.4k
- Investments
- $6.6m
- Employees
- 0
- Location
- Harbor Springs, MI
- Founding
- 01/1999
- Data as of
- 12/2023
- EIN
- 38-3430867
Organization Overview
Baiardi Family Foundation Inc is located in Harbor Springs, MI. The organization was established in 1999. 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. Baiardi Family 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, Baiardi Family Foundation Inc generated $626.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $468.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Baiardi Family Foundation Inc has awarded 592 individual grants totaling $4,012,139. 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 |
|---|---|---|---|
Chris A Baiardi President | 10 | $0 | |
Cindy J Baiardi Sec, Treas | 10 | $0 | |
Suzanne M Baiardi Vice Pres | 2 | $0 | |
Kristen L Baiardi Vice Pres | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $220,450 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $405,940 |
| Capital Gain Net Income | $214,714 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $626,390 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,376 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $25 |
| Other expenses | $1,411 |
| Total operating and administrative expenses | $9,372 |
| Contributions, gifts, grants paid | $459,050 |
| Total expenses and disbursements | $468,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,825 |
| Savings and temporary cash investments | $123,829 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,754,894 |
| 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, Baiardi Family Foundation Inc has awarded $459,050 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
ALANSON FOOD PANTRY PURPOSE: PURCHASE OF COW AND PROCESSING | $1,770 |
ALANSON FOOD PANTRY PURPOSE: PURCHASE 1/2 COW AND PROCESSING | $1,142 |
AMERICAN LEGION AUXILIARY PURPOSE: FIELD OF BLUE FUNDRAISING PROJECT | $4,000 |
AMERICAN LEGION AUXILIARY PURPOSE: CHRISTMAS GIFTS FOR CHILDREN | $2,500 |
AL LITZENBERGER CHP RUFFED GROUSE PURPOSE: BOY SCOUT YOUTH SHOOT AMMO & CLAYS | $545 |
CRANBROOK SCHOOLS PURPOSE: WINDOW TO THE WORLD SPONSOR | $2,500 |