Baker Foundation

DECATUR, AL EIN: 63-0843636

Baker Foundation is a private foundation, based in DECATUR, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 15 grants totaling $151K. Net investment income was $191K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

+0.4% YoY

Annual Giving

$151K

+83.2% YoY

Grant Count

+66.7% YoY

Avg Grant Size

$10K

+9.9% YoY

Under IRS private-foundation payout rules, Baker Foundation reported a distributable amount of $192K for 2024 — the minimum it must pay out in qualifying distributions.

About Baker Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $380K (57%)

North Carolina $162K (24%)

Florida $90K (14%)

Illinois $20K (3%)

Massachusetts $8K (1%)

Michigan $2K (0%)

Kentucky $2K (0%)

New York $500 (0%)

+1 more states

States

Alabama Florida Illinois Kentucky Massachusetts Michigan North Carolina New York Tennessee

Cities

BirminghamCambridgeDecaturEvanstonHighlandsHillsdaleJacksonvilleLexingtonNaplesNapliesNashvilleNew YorkRaleighSt Petersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,651,405	$3,635,608	$3,791,730
Revenue	$226,475	$5,904	$-42,860
Expenses	$210,678	$162,026	$114,794
Qualifying Distributions	$173,250	$117,109	$80,013
Net Investment Income	$191,171	$62,055	$47,551
Distributable Amount	$191,776	$176,718	$182,787

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

65 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Collier County Community Fdn ($50,000), Highlands Cashiers Health Fdn ($16,000), Community Fdn of Greater Decatur ($15,000).

Recipient	Purpose	Amount
United Way of Central Alabama Birmingham, AL	Charitable	$5,000
The Rotary Foundation Evanston, IL	Charitable	$10,000
Highlands Cashiers Health Fdn Highlands, NC	Charitable	$16,000
Community Fdn of Greater Decatur Decatur, AL	Charitable	$15,000
Carnegie Visual Arts Center Decatur, AL	Charitable	$2,500
DecaturMorgan County Minority Dev Decatur, AL	Charitable	$2,500
Collier County Community Fdn Naplies, FL	Charitable	$50,000
Decatur Public Library Decatur, AL	Charitable	$850
Florida Wildlife Corridor Foundatio St Petersburg, FL	Charitable	$5,000
Phillips Brooks House Association Cambridge, MA	Charitable	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Cindy B Strickland	President Director	5	—
Becky B Wachholz	Director Chairman of the Board	1	—
Charles R Paler	Director Secretary	2	—

Frequently Asked Questions

How large is Baker Foundation?

As of 2024, Baker Foundation holds $3.7M in total assets with $226K in annual revenue. It awarded 15 grants totaling $151K in 2024.

Where does Baker Foundation operate?

Baker Foundation has awarded grants in Alabama, Florida, Illinois, Kentucky, Massachusetts, Michigan, North Carolina, New York, Tennessee.

What size grants does Baker Foundation award?

In 2024, Baker Foundation awarded 15 grants totaling $151K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Baker Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Baker Foundation reported a distributable amount of $192K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.