Baptist Theological Union
The Baptist Theological Union's mission is the endowment, support and direction of the theological instruction of the divinity school at the university of chicago.
Baptist Theological Union at a glance
In short: Baptist Theological Union gave $4.2M across 1 grant in 2025 (avg $4.2M), mostly in Illinois. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $4,187,657
- -13.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $4,187,657
- -13.0% vs 2024
- Median grant
- $4,187,657
- Total assets
- $98,747,162
- +9.1% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Baptist Theological Union funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Chicago ($4.2M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Baptist Theological Union gives
- Giving held roughly steady from 2022 to 2025 (−9%). 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 2020 to 2025, annual grant giving ranged from $4.2M (2021) to $5.0M (2023). In 2025 it made 1 grant totaling $4.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Chicago Chicago, IL | To Support the Divinity School | $4,187,657 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $98,747,162 | $3,623,165 | $4,428,046 | $4,187,657 | 1 | $2,656,550 |
| 2024 | $90,516,775 | $1,253,800 | $4,892,785 | $4,813,409 | 1 | $744,243 |
| 2023 | $86,748,564 | $2,867,191 | $5,019,800 | $4,999,226 | 1 | $2,363,002 |
| 2022 | $89,750,980 | $22,788,687 | $4,613,290 | $4,613,290 | 1 | $22,514,490 |
| 2021 | $79,058,982 | $5,027,716 | $4,292,953 | $4,165,675 | 1 | $3,982,205 |
| 2020 | $62,322,775 | $2,130,432 | $4,938,156 | $4,786,759 | 1 | $1,705,019 |
About Baptist Theological Union
Based on IRS filings
Baptist Theological Union is a public charity focused on Education, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $98.7M in total assets. In 2025, it awarded 1 grant totaling $4.2M. Net investment income was $2.7M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Baptist Theological Union is led by Joseph L. Price II, President since 2025 (on filings since 2020); none of the 18 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joseph L. Price II
President
Trustee → President, 2025
On filings since 2020
1 hr/week
No compensation reported
Jesse M. Brown
Trustee
On filings since 2020
1 hr/week
No compensation reported
John M. Schloerb
Trustee
Vice President → Trustee, 2025
On filings since 2020
1 hr/week
No compensation reported
Marshall E. Hatch Sr.
Trustee
On filings since 2020
1 hr/week
No compensation reported
Susan Bw Johnson
Trustee
On filings since 2020
1 hr/week
No compensation reported
David C. Gregg
Trustee
On filings since 2021
1 hr/week
No compensation reported
Sarah Reed Jay
Trustee
On filings since 2021
1 hr/week
No compensation reported
Annette Owen
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Astrid Beck
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Elijah Zehyoue
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Michaele Birdsall
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Patricia Hernandez
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Priscilla Eppinger
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Wesley Sun
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
William Noakes
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Thomas J. Litwiler
Vice President
Trustee → Vice President, 2025
On filings since 2020
1 hr/week
No compensation reported
William L. Allen
Secretary
Trustee - Elected → Trustee, 2021
Trustee → Secretary, 2025
On filings since 2020
1 hr/week
No compensation reported
Jonathan J. Art
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (20)
- Former: Gregg W. Dwyer (2020–2024) — Trustee
- Former: John R. Mills (2020–2024) — Trustee
- Former: Larry L. Greenfield (2020–2024) — President
- Former: Lori A. Berko (2020–2024) — Secretary
- Former: Patrick O'Hara (2020–2024) — Assistant Treasurer
- Former: Phyllis Rp Tessieri (2020–2024) — Trustee
- Former: Maria E. Mendoza (2021–2024) — Comptroller
- Former: Andy Ward (2022–2024) — Treasurer
- Former: Raquel Cosio (2022–2024) — Assistant Comptroller
- Former: Prakhar Bansal (2023–2024) — Assistant Treasurer
- Former: Brett Padgett (2020–2021) — Assistant Comptroller
- Former: Claire L. Gaiefsky (2020–2021) — Assistant Secretary
- Former: Donald W. Musser (2020–2021) — Trustee
- Former: John R. Kroll (2020–2021) — Comptroller
- Former: Mark A. Schmid (2020–2021) — Treasurer
- Former: Zina Jacque (2020–2021) — Trustee
- Former: Pat O'Hara (2021) — Assistant Treasurer
- Former: William J. Stapleton (2021) — Trustee
- Former: Geertrui Spaepen (2020) — Secretary - to
- Former: Maru Mendoza (2020) — Assistant Comptroller - to
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Baptist Theological Union
How much does Baptist Theological Union give each year?
Baptist Theological Union gave $4.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.8M across 1 grant.
How large is Baptist Theological Union?
Baptist Theological Union reported $98.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.6M.
What is Baptist Theological Union?
Baptist Theological Union is a public charity focused on Education, based in Chicago, IL. It holds $98.7M in total assets as of 2025.
Where does Baptist Theological Union operate?
Baptist Theological Union has awarded grants in Illinois.
What is Baptist Theological Union's EIN?
Baptist Theological Union's EIN (Employer Identification Number) is 36-6117636. IRS Form 990 filing data is available on this page for 2020–2025.
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 2024 (received by the IRS May 30, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 11, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 29, 2025)
- IRS filings on file for fiscal years 2020–2025
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Baptist Theological Union down — hundreds of funders to go?