Baltimore Symphony Endowment Trust
The organization is a supporting organization of the baltimore symphony orchestra, inc. (BSO) and exists to support BSO in accomplishing its missions. The depreciation expense of the endowment trust relates to assets used by the BSO in furtherance of its missions.
Baltimore Symphony Endowment Trust at a glance
In short: Baltimore Symphony Endowment Trust gave $8.6M across 1 grant in 2024 (avg $8.6M), mostly in Maryland. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $8,560,000
- +141.1% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $8,560,000
- +141.1% vs 2023
- Median grant
- $8,560,000
- Total assets
- $98,295,531
- +6.7% vs 2023
- Primary geography
- Maryland (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Baltimore Symphony Endowment Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Baltimore Symphony Orchestra Inc ($8.6M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Baltimore Symphony Endowment Trust gives
- Giving grew 148% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $2.6M (2022) to $8.6M (2024). In 2024 it made 1 grant totaling $8.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Baltimore Symphony Orchestra Inc Baltimore, MD | To provide support to a supported organization to further its exempt purpose. | $8,560,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $98,295,531 | $16,704,422 | $12,506,863 | $8,560,000 | 1 | $8,030,022 |
| 2023 | $92,110,864 | $7,990,830 | $6,187,456 | $3,550,000 | 1 | $4,938,926 |
| 2022 | $88,796,004 | $5,853,345 | $5,027,446 | $2,572,258 | 1 | $4,148,799 |
| 2021 | $103,664,720 | $13,499,613 | $5,536,325 | $3,449,210 | 1 | $13,159,705 |
| 2020 | $93,563,260 | $1,289,378 | $5,939,328 | $3,558,565 | 1 | $-306,962 |
| 2019 | $92,104,541 | $5,973,326 | $8,530,011 | $3,625,335 | 1 | $4,098,891 |
About Baltimore Symphony Endowment Trust
Based on IRS filings
Baltimore Symphony Endowment Trust is a public charity focused on Education, based in Baltimore, MD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $98.3M in total assets. In 2024, it awarded 1 grant totaling $8.6M. Net investment income was $8.0M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Baltimore Symphony Endowment Trust is led by Mark Hanson, Board Member & CEO on every filing since 2022; 3 of 15 officers listed in 2024 are compensated.
Officers on the 2024 filing
Mark Hanson
Board Member & CEO
On filings since 2022
8 hrs/week
$55K (2023) → $86K (2024)
Andrew A. Stern
Chairman
Board Member → Chairman, 2024
On filings since 2019
1 hr/week
No compensation reported
Chris Barlett
Chairman
On filings since 2019
1 hr/week
No compensation reported
Allison Burr-Livingstone
Vice President & Chief Advancement Officer
On filings since 2021
10 hrs/week
$38K (2021) → $47K (2024)
John G. McLean Jr.
Senior Vice President & CFO
On filings since 2022
4 hrs/week
$13K (2023) → $35K (2024)
Barbara Bozzuto
Board Member
On filings since 2019
1 hr/week
No compensation reported
Kenneth W. Defontes Jr.
Board Member
On filings since 2019
1 hr/week
No compensation reported
Barry Rosen
Board Member
On filings since 2020
1 hr/week
No compensation reported
Steven R. Schuh
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Chaitanya Yaramada
Vice President
Board Member → Vice President, 2024
On filings since 2021
1 hr/week
No compensation reported
Beth Rosenwald
Board Member
On filings since 2023
1 hr/week
No compensation reported
Leonard Williams
Interim CFO
New on the 2024 filing
1 hr/week
No compensation reported
Mark Vaselkiv
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Nicole Nesbit
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Richard Monfred
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Peter T. Kjome (2019–2023) — Former Board Member & CEO
- Former: Rick Monfred (2019–2023) — Board Member
- Former: Sarah Beckwith (2021–2022) — Vice President & CFO
- Former: Joseph Meyerhoff II (2019–2020) — Board Member
- Former: The Honorable Steven R. Schuh (2019) — Treasurer
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $86K, to Mr Mark Hanson (Board Member and CEO). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Baltimore Symphony Endowment Trust
How much does Baltimore Symphony Endowment Trust give each year?
Baltimore Symphony Endowment Trust gave $8.6M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.5M across 1 grant.
How large is Baltimore Symphony Endowment Trust?
Baltimore Symphony Endowment Trust reported $98.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $16.7M.
What is Baltimore Symphony Endowment Trust?
Baltimore Symphony Endowment Trust is a public charity focused on Education, based in Baltimore, MD. It holds $98.3M in total assets as of 2024.
Where does Baltimore Symphony Endowment Trust operate?
Baltimore Symphony Endowment Trust has awarded grants in Maryland.
What is Baltimore Symphony Endowment Trust's EIN?
Baltimore Symphony Endowment Trust's EIN (Employer Identification Number) is 77-0659339. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 17, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 22, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 15, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS July 20, 2020)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Baltimore Symphony Endowment Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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