The Baron Family Foundation is a private family foundation established in 2007 and based in New York City. It is located at 767 5th Avenue, Floor 49, New York City, NY 10153. The foundation represents the philanthropy of Ron Baron, founder of Baron Capital, and his family. The foundation was formerly known as the Baron Capital Foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$51.4M
+11.4% YoY
Annual Giving
$7.2M
+29.0% YoY
Grant Count
73
-17.0% YoY
Avg Grant Size
$99K
+55.5% YoY
Under IRS private-foundation payout rules, Baron Family Foundation reported a distributable amount of $7.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not maintain a publicly listed website and does not appear to have formally published mission or program statements. However, based on grant activity, the foundation supports initiatives in the following areas:
- Education
- Medical education and health
- Philanthropy and grantmaking
- Jewish causes and organizations
- Arts and culture
- Disease research and hospitals
The foundation demonstrates particular strength in supporting medical education and hospitals, with significant giving to institutions like Weill Medical College of Cornell University, Memorial Sloan-Kettering Cancer Center, and the Icahn School of Medicine.
Grantmaking
The Baron Family Foundation made 88 grants in 2024. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The foundation prioritizes organizations based in New York City, where Baron Capital is headquartered. However, the foundation supports projects across multiple U.S. cities and states, including Los Angeles, Miami, Washington, and various locations in California and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $51,407,764
- Total Revenues: $12,545,822
- Total Expenses: $7,283,806
- Total Grants Awarded: Approximately $5.6 million (88 grants)
Revenue Breakdown (2024):
- Total grants and contributions: $12,243,903
- Investment income and dividends: $7,534
The foundation experienced significant revenue growth of 60.2% in total grants and contributions compared to 2023 ($7,642,789).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $51,407,764 | $46,145,748 | $44,181,393 |
| Revenue | $12,545,822 | $7,682,467 | $9,278,912 |
| Expenses | $7,283,806 | $5,628,112 | $5,324,641 |
| Qualifying Distributions | $7,242,873 | $5,616,593 | $5,309,363 |
| Net Investment Income | $260,986 | $28,159 | $2,109,127 |
| Distributable Amount | $7,422,310 | $5,770,887 | $5,549,698 |
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
244 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Educational Alliance ($430,000), Weill Cornell ($350,000), Magen David Adom ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ICAHN SCHOOL OF MEDICINE NEW YORK, NY | GENERAL SUPPORT | $45,000 |
| JEWISH FEDERATION OF PALM BEACH COUNTY WEST PALM BEACH, FL | GENERAL SUPPORT | $50,000 |
| WEITZMAN NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY PHILADELPHIA, PA | GENERAL SUPPORT | $25,000 |
| DUKE UNIVERSITY DURHAM, NC | GENERAL SUPPORT | $15,000 |
| BROTHERS FOR LIFE SEATTLE, WA | GENERAL SUPPORT | $50,000 |
| PAPS CORP DEERFIELD BEACH, FL | GENERAL SUPPORT | $10,000 |
| MUSEUM AT ELDRIDGE STREET NEW YORK, NY | GENERAL SUPPORT | $86,000 |
| PALM BEACH SYNAGOGUE PALM BEACH, FL | GENERAL SUPPORT | $10,000 |
| CENTRAL SYNAGOGUE NEW YORK, NY | GENERAL SUPPORT | $200,000 |
| PROSTATE CANCER FOUNDATION SANTA MONICA, CA | GENERAL SUPPORT | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key individuals involved in the foundation include:
- Ronald Baron – Founder of Baron Capital; securities analyst and founder of his own firm in 1982. Attended Bucknell University and George Washington University Law School. Served as trustee.
- Michael R. Baron – Trustee (serves without compensation)
- David R. Baron – Trustee (serves without compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RONALD BARON | TRUSTEE | 2 | — |
| MICHAEL R BARON | TRUSTEE | 2 | — |
| DAVID R BARON | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Baron Family Foundation fund?
The foundation does not maintain a publicly listed website and does not appear to have formally published mission or program statements. However, based on grant activity, the foundation supports initiatives in the following areas: • Education • Medical education and health • Philanthropy and grantmaking • Jewish causes and organizations • Arts and culture • Disease research and hospitals The foundation demonstrates particular strength in supporting medical education and hospitals, with signific…
How do I apply for a grant from Baron Family Foundation?
The Baron Family Foundation made 88 grants in 2024. Recent notable grants include: • The Educational Alliance: $430,000 (General Support) • Morselife Foundation: $415,000 (General Support) • Weill Cornell Imaging at NewYork-Presbyterian: $350,000 (General Support) The foundation's grantmaking is characterized by general support grants rather than project-specific funding. The foundation does not accept unsolicited proposals and maintains an exceptionally low profile. Connections to the family o…
Where does Baron Family Foundation make grants?
The foundation prioritizes organizations based in New York City, where Baron Capital is headquartered. However, the foundation supports projects across multiple U.S. cities and states, including Los Angeles, Miami, Washington, and various locations in California and New York.
What size grants does Baron Family Foundation award?
In 2024, Baron Family Foundation awarded 73 grants totaling $7.2M — an average of about $99K per grant, based on its IRS Form 990 filings.
How much is Baron Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Baron Family Foundation reported a distributable amount of $7.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Baron Family Foundation's EIN?
Baron Family Foundation's EIN (Employer Identification Number) is 14-2004657. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Baron Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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