Baumgardt Family Foundation Inc

Private foundation · Grantmaker Zionsville, IN EIN: 35-2120072

Baumgardt Family Foundation Inc is a private foundation based in Zionsville, Indiana. Its 2024 filing reports charitable grants to organizations and provides instructions for scholarship and other grant applications.

Key facts about Baumgardt Family Foundation Inc

In short: Baumgardt Family Foundation Inc gave $80K across 16 grants in 2024 (avg $5K), mostly in Indiana. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
35-2120072
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$79,600
Grants made (2024)
16
Average grant
$4,975
Median grant
$500
New grantees (estimate)
44% first-time grantees (7 of 16, 2024)
Total assets
$522,828
Primary geography
Indiana (91% of itemized 2024 grant dollars)
How to apply
The 2024 filing names James Baumgardt as the contact for applications. Full details ↓
Deadline
The filing states that there are no specified submission deadlines.

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$523K

+2.2% YoY

Annual Giving

$80K

+139.1% YoY

Grant Count

16

-15.8% YoY

Avg Grant Size

$5K

+184.0% YoY

Under IRS private-foundation payout rules, Baumgardt Family Foundation Inc reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

Is Baumgardt Family Foundation Inc open to new grantees?

44%

first-time grantees, 2024

In 2024, 7 of 16 grantees (44%) were first-time recipients. First grants averaged $2K; repeat grants $7K. How we count

Medians: $500 first-time, $50 repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving grew 53% from 2021 to 2024. Method
  • In 2024 it paid out 308% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for a range of charitable organizations. For example, The Learning Alliance Foundation describes its purpose as raising, holding, and distributing funds to support The Learning Alliance, Inc. Semper K9 Assistance Dogs says it provides custom-trained service dogs to wounded service members and their families, while Disabled American Veterans describes its purpose as promoting services to benefit veterans. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2024, the foundation gave $79,600 through 16 grants. Grants ranged from $50 to $60,000, with a median grant of $500. The largest awards included $60,000 to Rose-Hulman Institute of Technology, $9,800 to Greater Historic Traders Point, and $3,300 to The Learning Alliance Foundation.

Review Cycle

The filing states that there are no specified submission deadlines.

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Geographic Focus

Where this funder awards grants

In 2024, 91% of grant dollars went to recipients in Indiana. The remaining reported shares were Florida (5%), Texas (2%), Iowa (2%), and Georgia (0%).

Grant Distribution by State

11states

Share of 2024 grant dollars across all 16 itemized grants.

Cities

IndianapolisVero BeachZionsvilleChattanoogaFranklinQuanticoTerre HauteGreenwoodMcdonoughWest LafayetteWillistonChicagoJeffersonvilleLanhamPenngroveDuluthGurneeJupiterTitusvilleAthens

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K27 grants2020 32 grants2021 27 grants2022 19 grants2023 16 grants2024

From 2020 to 2024, annual grant giving ranged from $33K (2023) to $80K (2024). In 2024 it made 16 grants totaling $80K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Rose Hulman Inst of Technology: $60KRose Hulman Inst of Technology$60KGreater Historic Traders Point: $10KGreater Historic Traders Point$10KThe Learning Alliance Foundation: $3KThe Learning AllianceFoundation$3KAdvent Evangelical Lutheran Church: $2KAdvent Evangelical LutheranChurch$2KEpilepsy Foundation Iowa: $2KEpilepsy Foundation Iowa$2KFlanner House: $1KFlanner House$1KThe Source: $1KThe Source$1KChrist Church of Vero Beach: $500Christ Church of Vero Beach$500NSBA Foundation: $500NSBA Foundation$500Boone County Ride to Life: $100Boone County Ride to Life$100

The largest 2024 recipient was Rose Hulman Inst of Technology ($60K). Together the top 10 received $79K.

Grant Size Distribution

121 grants across all recorded years

120<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 120 grants of 121 (99%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Rose Hulman Inst of Technology Terre Haute, INCharitable$60,000
Greater Historic Traders Point Zionsville, INCharitable$9,800
The Learning Alliance Foundation Vero Beach, FLCharitable$3,300
Advent Evangelical Lutheran Church Zionsville, INCharitable$1,550
Epilepsy Foundation Iowa Des Moines, IACharitable$1,500
Flanner House Indianapolis, INCharitable$1,000
The Source Austin, TXCharitable$1,000
Christ Church of Vero Beach Vero Beach, FLCharitable$500
NSBA Foundation Weatherford, TXCharitable$500
Boone County Ride to Life Lebanon, INCharitable$100

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $522,828 $77,071 $85,215 $79,600
2023 $511,700 $9,827 $39,802 $33,285
2022 $487,864 $41,590 $41,712 $37,433
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$522,828$511,700$487,864
Revenue$77,071$9,827$41,590
Expenses$85,215$39,802$41,712
Qualifying Distributions$79,600$33,285$37,433
Net Investment Income$40,201$10,187$13,977
Distributable Amount$25,837$24,479$24,428

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists James R. Baumgardt, Sharon E. Baumgardt, and James M. Cornelius as directors.

Baumgardt Family Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • James M. Cornelius

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • James R. Baumgardt

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sharon E. Baumgardt

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: James Baumgardt
Mailing address: 7289 Hunt Club Dr, Zionsville, IN 46077
Phone: (317) 873-6762
Email: yogidad1@yahoo.com

Frequently asked questions about Baumgardt Family Foundation Inc

How much does Baumgardt Family Foundation Inc give each year?

Baumgardt Family Foundation Inc gave $80K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $33K across 19 grants.

What is Baumgardt Family Foundation Inc's typical grant size?

Baumgardt Family Foundation Inc's median grant in 2024 was $500, and its average grant was $4,975, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Baumgardt Family Foundation Inc that year got $2K on average.

Where does Baumgardt Family Foundation Inc give grants?

Baumgardt Family Foundation Inc gives mostly in Indiana: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Zionsville, IN (2 grants) and Vero Beach, FL (2 grants).

Does Baumgardt Family Foundation Inc give general operating support?

Not in 2024: none of the 16 grants with a stated purpose on Baumgardt Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (16 grants).

Who are Baumgardt Family Foundation Inc's largest grantees?

Baumgardt Family Foundation Inc's largest 2024 grantees include Rose Hulman Inst of Technology ($60,000), Greater Historic Traders Point ($9,800) and The Learning Alliance Foundation ($3,300), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.

How large is Baumgardt Family Foundation Inc?

Baumgardt Family Foundation Inc reported $523K in total assets on its 2024 IRS Form 990-PF. It paid out $80K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).

What does Baumgardt Family Foundation Inc fund?

No mission statement for the foundation is provided. Its 2024 grants included support for a range of charitable organizations. For example, The Learning Alliance Foundation describes its purpose as raising, holding, and distributing funds to support The Learning Alliance, Inc. See mission & focus areas ↑

How do I apply for a grant from Baumgardt Family Foundation Inc?

The 2024 filing names James Baumgardt as the contact for applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Baumgardt Family Foundation Inc's EIN?

Baumgardt Family Foundation Inc's EIN (Employer Identification Number) is 35-2120072. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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