Baxter Family Foundation

Foundation · Grantmaker Palm Beach, FL EIN: 31-1739566

Baxter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Palm Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.3M in total assets. In 2024, it awarded 22 grants totaling $853K. Net investment income was $254K.

Key facts about Baxter Family Foundation

In short: Baxter Family Foundation gave $853K across 22 grants in 2024 (avg $39K), mostly in Florida. 36% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
31-1739566
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$853,275
Grants made (2024)
22
Average grant
$38,785
Median grant
$25,000
New grantees (estimate)
36% first-time grantees (8 of 22, 2024)
Total assets
$7,346,099
Primary geography
Florida (71% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.3M

-7.8% YoY

Annual Giving

$853K

+72.7% YoY

Grant Count

22

+57.1% YoY

Avg Grant Size

$39K

+9.9% YoY

Under IRS private-foundation payout rules, Baxter Family Foundation reported a distributable amount of $576K for 2024 — the minimum it must pay out in qualifying distributions.

Is Baxter Family Foundation open to new grantees?

36%

first-time grantees, 2024

In 2024, 8 of 22 grantees (36%) were first-time recipients. First grants averaged $25K; repeat grants $47K. How we count

Medians: $23K first-time, $28K repeat.

  • 64% of 2024 grantees were also funded in 2023. Method
  • Giving grew 344% from 2021 to 2024. Method
  • In 2024 it paid out 150% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 22 itemized 2024 grant dollars.

Cities

Palm BeachWest Palm BeachMalvernHoustonPalm Beach GardensRiviera BeachStaten IslandCoral GablesNantucketWellesleyBriarwoodFall RiverMiamiSalt Lake CityTyrone

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M12 grants202010 grants202112 grants202214 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

St Edward Catholic Church - St Edwards's Guild: $115KSt Edward Catholic Church - StEdwards's Guild$115KPalm Beach Island Hospice Foundation: $100KPalm Beach Island HospiceFoundation$100KPalm Beach Police Foundation: $100KPalm Beach Police Foundation$100KPeggy Adams Animal Rescue: $100KPeggy Adams Animal Rescue$100KCure Alzheimer's Fund: $75KCure Alzheimer's Fund$75KCatholic Foundation of Sema: $50KCatholic Foundation of Sema$50KGrier School: $40KGrier School$40KHanley Center Foundation: $40KHanley Center Foundation$40KPreservation Foundation of Palm Beach: $35KPreservation Foundation ofPalm Beach$35KCatholic Charities Diocese of Palm Beach Inc: $30KCatholic Charities Diocese ofPalm Beach Inc$30K

Grant Size Distribution

70 grants across all recorded years

58<$50K7$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
ST EDWARD CATHOLIC CHURCH - ST EDWARDS'S GUILD Palm Beach, FLRELIGIOUS ORGANIZATION$115,250
PALM BEACH ISLAND HOSPICE FOUNDATION Palm Beach, FLHEALTH AGENCY$100,000
PALM BEACH POLICE FOUNDATION Palm Beach, FLCIVIC ORGANIZATION$100,000
PEGGY ADAMS ANIMAL RESCUE West Palm Beach, FLCIVIC ORGANIZATION$100,000
CURE ALZHEIMER'S FUND Wellesley, MAGENERAL SUPPORT$75,000
CATHOLIC FOUNDATION OF SEMA Fall River, MARELIGIOUS ORGANIZATION$50,000
GRIER SCHOOL Tyrone, PAEDUCATIONAL ORGANIZATION$40,000
HANLEY CENTER FOUNDATION West Palm Beach, FLGENERAL SUPPORT$40,000
PRESERVATION FOUNDATION OF PALM BEACH Palm Beach, FLCULTURAL ORGANIZATION$35,000
CATHOLIC CHARITIES DIOCESE OF PALM BEACH INC Riviera Beach, FLRELIGIOUS ORGANIZATION$30,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M20202021202220232024
Metric202420232022
Total Assets$7,346,099$7,968,429$7,890,630
Revenue$265,942$594,309$210,591
Expenses$888,272$516,510$144,049
Qualifying Distributions$865,438$503,741$137,500
Net Investment Income$253,539$722,941$210,591
Distributable Amount$576,225$476,404$481,230

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

Officers and directors from IRS filings

Baxter Family Foundation is led by Harold J. Baxter, President on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Harold J. Baxter

    President

    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.

Frequently asked questions about Baxter Family Foundation

How much does Baxter Family Foundation give each year?

Baxter Family Foundation gave $853K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $494K across 14 grants.

What is Baxter Family Foundation's typical grant size?

Baxter Family Foundation's median grant in 2024 was $25,000, and its average grant was $38,785, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Baxter Family Foundation that year got $25K on average.

Where does Baxter Family Foundation give grants?

Baxter Family Foundation gives mostly in Florida: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (15%) and Pennsylvania (8%). The most frequent recipient cities were Palm Beach, FL (5 grants), West Palm Beach, FL (4 grants), Houston, TX (3 grants) and Malvern, PA (2 grants).

Does Baxter Family Foundation give general operating support?

Yes: 18% of Baxter Family Foundation's 2024 grants with a stated purpose (4 of 22) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Educational Organization" (5 grants), "Religious Organization" (4 grants) and "Civic Organization" (3 grants).

Who are Baxter Family Foundation's largest grantees?

Baxter Family Foundation's largest 2024 grantees include St Edward Catholic Church - St Edwards's Guild ($115,250), Palm Beach Island Hospice Foundation ($100,000) and Palm Beach Police Foundation ($100,000), according to its 2024 IRS Form 990-PF. Together they received 37% of its itemized 2024 grant dollars.

How large is Baxter Family Foundation?

Baxter Family Foundation reported $7.3M in total assets on its 2024 IRS Form 990-PF. It paid out $865K in qualifying distributions that year, against a required minimum of $576K (roughly 5% of its investment assets).

What is Baxter Family Foundation?

Baxter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Palm Beach, FL. It holds $7.3M in total assets as of 2024.

What is Baxter Family Foundation's EIN?

Baxter Family Foundation's EIN (Employer Identification Number) is 31-1739566. 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.

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