Baughman Foundation
- Assets
- $18.7m
- Revenue
- $739.3k
- Investments
- $17.1m
- Employees
- 0
- Location
- Liberal, KS
- Founding
- 01/1960
- Data as of
- 12/2022
- EIN
- 48-6108797
Organization Overview
Baughman Foundation is located in Liberal, KS. The organization was established in 1960. 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. Baughman 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, Baughman Foundation generated $739.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Baughman Foundation has awarded 243 individual grants totaling $9,826,216. 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 |
|---|---|---|---|
Carol Feather-Francis President | 25 | $54,000 | |
Nathan Foreman Sec/treas | 3 | $18,000 | |
Richard R Yoxall Vice President | 3 | $18,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,897 |
| Dividends & Interest | $574,054 |
| Net Rental Income | $216,128 |
| Net Gain on Sale of Assets | -$420,444 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $217,102 |
| Total Revenue | $739,339 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42,039 |
| Depreciation | $475 |
| Occupancy | $4,001 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $157,343 |
| Total operating and administrative expenses | $399,433 |
| Contributions, gifts, grants paid | $1,018,220 |
| Total expenses and disbursements | $1,417,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $450,216 |
| 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 | $1,107,210 |
| Investments—mortgage loans | $0 |
| Investments—other | $17,124,456 |
| Net Land, buildings, and equipment | $5,461 |
| Other assets | $15,245 |
| Total assets | $18,702,588 |
| Accounts payable and accrued expenses | $896 |
| 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 | $896 |
Grants Awarded
Over the last fiscal year, Baughman Foundation has awarded $1,018,220 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
USD 480 PURPOSE: PROGRAMS, SCHOLARSHIPS & EQUIPMENT | $194,879 |
KS INDEPENDENT COLLEGE FUND PURPOSE: EDUCATIONAL SCHOLARSHIPS | $35,000 |
PANHANDLE STATE FOUNDATION PURPOSE: SCHOLARSHIPS | $25,000 |
THE STEPPING STONE SHELTER PURPOSE: HOMELESS SHELTER OPERATING EXPENSES | $40,000 |
RONALD MCDONALD HOUSE CHARITIES PURPOSE: ADOPT A ROOM | $10,500 |
CROSSROADS CENTER INC PURPOSE: THERAPEUTIC RIDING EXPENSES | $8,000 |