Baxter International Foundation
Baxter International Foundation is a private foundation based in Deerfield, Illinois, and the philanthropic arm of Baxter International Inc. It supports efforts to expand access to healthcare, strengthen communities where Baxter has a presence, and develop future healthcare innovators.
Key facts about Baxter International Foundation
In short: Baxter International Foundation gave $13.7M across 1,300 grants in 2024 (avg $11K), top state Connecticut. 36% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 36-3159396
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $13,712,224
- Grants made (2024)
- 1,300
- Average grant
- $10,548
- Median grant
- $212
- New grantees (estimate)
- 36% first-time grantees (270 of 749, 2024)
- Total assets
- $67,487,809
- Primary geography
- Connecticut (39% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation uses an invitation-only application process, makes contributions only to preselected charitable organizations, and does not accept unsolicited requests for funds. Full details ↓
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
$67.5M
+1.6% YoY
Annual Giving
$13.7M
+34.0% YoY
Grant Count
1,300
-36.3% YoY
Avg Grant Size
$11K
+110.5% YoY
Under IRS private-foundation payout rules, Baxter International Foundation reported a distributable amount of $3.6M for 2024 — the minimum it must pay out in qualifying distributions.
Is Baxter International Foundation open to new grantees?
36%
first-time grantees, 2024
In 2024, 270 of 749 grantees (36%) were first-time recipients. First grants averaged $1K; repeat grants $28K. How we count
Medians: $205 first-time, $475 repeat.
- 48% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+14%). Method
- In 2024 it paid out 397% 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.
Mission & Focus Areas
The foundation’s stated purpose is to help advance Baxter’s mission to save and sustain lives. Its website identifies three focus areas:
- Access to Healthcare: Capacity-building grants in communities where Baxter has a presence, as well as recognition of health systems, providers, and public health research that advance clinical practice and expand patient treatment.
- Our Communities: Support for programs serving underserved people in locations where Baxter has a presence.
- Fostering Innovation: STEM education, employee mentoring, and diverse learning opportunities in the sciences to help develop future innovators in healthcare.
Examples of supported organizations include Habitat for Humanity Lake County, which says it works to provide affordable housing to families in the Lake County, Illinois area, and Serenity Corporation, which says it owns real estate and remits income, less expenses, to tax-exempt organizations.
Grantmaking
In filing year 2024, the foundation reported 1,300 grants totaling **$13,712,224**. Grant amounts ranged from **$25 to $2,550,000**, with a median of **$212**. The listed 2024 grants include:
How to Apply
, makes contributions only to preselected charitable organizations, and does not accept unsolicited requests for funds.
Ready to take the next step with Baxter International Foundation?
Geographic Focus
Where this funder awards grants
The foundation says it works with organizations around the world and focuses community support on underserved people in locations where Baxter has a presence. In its 2024 grant data, the largest reported shares of grant dollars by recipient state were Connecticut (39%), Illinois (19%), Texas (14%), Alabama (7%), and Pennsylvania (6%).
Grant Distribution by State
Share of all 1,300 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $8.5M (2020) to $13.7M (2024). In 2024 it made 1,300 grants totaling $13.7M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Emergency Assistance Foundation Inc ($4.0M across 5 grants). Together the top 10 received $11.2M.
Grant Size Distribution
9,779 grants across all recorded years
The most common grant size was under $50K: 9,590 grants of 9,779 (98%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Emergency Assistance Foundation Inc Dallas, CT | Matching Gifts | $2,550,000 |
| Emergency Assistance Foundation Inc Dallas, CT | Matching Gifts | $1,196,934 |
| American National Red Cross Chicago, TX | Matching Gifts | $1,000,000 |
| Scholarship America Inc Minneapolis, IL | Matching Gifts | $991,500 |
| Northwestern University Chicago, AL | Matching Gifts | $835,236 |
| United States Fund for UNICEF New York, PA | Matching Gifts | $830,000 |
| United States Fund for UNICEF New York, IN | Matching Gifts | $650,000 |
| Operation Smile Inc Virginia Beach, IL | Matching Gifts | $600,000 |
| Direct Relief Santa Barbara, CT | Matching Gifts | $581,845 |
| American National Red Cross Chicago, TX | Matching Gifts | $500,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $67,487,809 | $11,634,474 | $11,075,720 | $13,712,224 |
| 2023 | $66,398,025 | $9,773,171 | $9,974,542 | $10,233,976 |
| 2022 | $61,495,373 | $7,309,888 | $18,653,154 | $12,206,469 |
The 2024 filing reports 1,300 grants; the 2023 and 2022 filings report 2,042 and 2,702 grants, respectively.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $67,487,809 | $66,398,025 | $61,495,373 |
| Revenue | $11,634,474 | $9,773,171 | $7,309,888 |
| Expenses | $11,075,720 | $9,974,542 | $18,653,154 |
| Qualifying Distributions | $14,131,857 | $10,465,311 | $12,521,713 |
| Net Investment Income | $6,630,793 | $4,768,345 | $3,489,307 |
| Distributable Amount | $3,562,341 | $3,313,859 | $3,350,382 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Stacey Eisen as president; Christine Fleming as treasurer; and Veronica Arroyave as executive director. It also lists Amanda Metts, Anastasia Paraskevlopoulou, Jennifer Di, Reaz Rasul, and Piero Novello as directors. Baxter’s website identifies Eisen as senior vice president of Global Communications and president and executive director of the foundation.
Baxter International Foundation is led by Stacey Eisen, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Stacey Eisen
President
On filings since 2020
0.3 hrs/week
No compensation reported
Veronica Arroyave
Executive Director
On filings since 2020
10 hrs/week
No compensation reported
Anastasia Paraskevopoulou
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Jennifer Di
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Piero Novello
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Reaz Rasul
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Amanda Metts
Director
New on the 2024 filing
0 hrs/week
No compensation reported
Christine Fleming
Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Former officers (6)
- Former: Giuseppe Accogli (2020–2023) — Director
- Former: Jacqueline Kunzler (2020–2023) — Director
- Former: Ramon Rivera (2021–2022) — Director
- Former: David B. Ferguson (2020–2021) — Director
- Former: Anila Lingamneni (2020) — Director
- Former: Anja Verbeke (2020) — Director
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
Mailing address: One Baxter Parkway, Deerfield, IL 60015
Phone: (224) 948-2000
Website: https://mea.baxter.com
Frequently asked questions about Baxter International Foundation
How much does Baxter International Foundation give each year?
Baxter International Foundation gave $13.7M across 1,300 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10.2M across 2,042 grants.
What is Baxter International Foundation's typical grant size?
Baxter International Foundation's median grant in 2024 was $212, and its average grant was $10,548, across 1,300 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Baxter International Foundation that year got $1K on average.
Where does Baxter International Foundation give grants?
Baxter International Foundation's top state is Connecticut, with 39% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Illinois (19%) and Texas (14%). The most frequent recipient cities were Chicago, CT (34 grants), Dallas, TX (31 grants), Chicago, IL (25 grants) and Chicago, TX (24 grants).
Does Baxter International Foundation give general operating support?
Not in 2024: none of the 1,300 grants with a stated purpose on Baxter International Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Matching Gifts" (1195 grants), "Dollars for Doers" (63 grants) and "2023 Capacity Building Contribution" (3 grants).
Who are Baxter International Foundation's largest grantees?
Baxter International Foundation's largest 2024 grantees include Emergency Assistance Foundation Inc ($4,047,069 across 5 grants), American National Red Cross ($1,616,730 across 8 grants) and United States Fund for UNICEF ($1,484,124 across 11 grants), according to its 2024 IRS Form 990-PF. Together they received 52% of its itemized 2024 grant dollars.
How large is Baxter International Foundation?
Baxter International Foundation reported $67.5M in total assets on its 2024 IRS Form 990-PF. It paid out $14.1M in qualifying distributions that year, against a required minimum of $3.6M (roughly 5% of its investment assets).
What does Baxter International Foundation fund?
The foundation’s stated purpose is to help advance Baxter’s mission to save and sustain lives. Its website identifies three focus areas: See mission & focus areas ↑
How do I apply for a grant from Baxter International Foundation?
The foundation uses an invitation-only application process, makes contributions only to preselected charitable organizations, and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Baxter International Foundation's EIN?
Baxter International Foundation's EIN (Employer Identification Number) is 36-3159396. IRS Form 990 filing data is available on this page for 2020–2024.
Does Baxter International Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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