Baxter Trust co Private Foundation Services
Baxter Trust co Private Foundation Services is a Houston, Texas-based private foundation established in 1986 by Murphy and Betty Baxter. It provides financial support to smaller, newer nonprofit groups that lack major fundraising capabilities and work to help people in underserved communities improve their lives.
Baxter Trust co Private Foundation Services at a glance
In short: Baxter Trust co Private Foundation Services gave $2.4M across 48 grants in 2025 (avg $51K), mostly in Texas. 69% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,431,000
- +5.3% vs 2024
- Grants made (2025)
- 48
- +6.7% vs 2024
- Average grant
- $50,646
- -1.3% vs 2024
- Median grant
- $50,000
- Total assets
- $49,555,558
- +2.6% vs 2024
- New grantees (estimate)
- 69% first-time grantees (33 of 48, 2025)
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Baxter Trust co Private Foundation Services
- Accepts unsolicited proposals
- No
- Invitation Only
-
The trust accepts applications by invitation only and does not accept unsolicited requests for funds. It states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 4265 San Felipe, Houston, TX 77027
Phone: (713) 960-6166
Website: https://baxtertrust.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Baxter Trust co Private Foundation Services funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fort Bend Care Center ($100K). Together the top 10 received $825K.
Grant Size Distribution
227 grants across all recorded years
The most common grant size was in the $50–100K range: 136 grants of 227 (60%).
Geographic Focus
Where this funder awards grants
All 2025 grant dollars went to recipients in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 48 itemized grants.
Cities
Is Baxter Trust co Private Foundation Services open to new grantees?
69%
first-time grantees, 2025
In 2025, 33 of 48 grantees (69%) were first-time recipients. First grants averaged $51K; repeat grants $51K. How we count
Medians: $50K first-time, $50K repeat.
- 21% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $2.1M (2021) to $2.6M (2022). In 2025 it made 48 grants totaling $2.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fort Bend Care Center Missouri City, TX | Capital campaign -build ned facility | $100,000 |
| Monarch Community Inc Houston, TX | Capital campaign | $100,000 |
| Westview School Inc Houston, TX | Capital project -the Westview Story | $100,000 |
| Every Shelter Inc Houston, TX | Capital projectrenovation of 5127Fulton St | $75,000 |
| Faith Academy of Bellville Bellville, TX | Capital campaignexpansion ofFALCON Center | $75,000 |
| TRS Health Inc Stafford, TX | General operatingexpense | $75,000 |
| Child Advocates of Montgomery County Conroe, TX | General operatingexpense | $75,000 |
| Hope and Healing Center & Institute Houston, TX | General operatingexpense | $75,000 |
| Noah's House Houston, TX | General operatingexpense and capitalcampaign | $75,000 |
| Coastal Prairie Conservation Houston, TX | Capital project -Indiangrass Preservebuilding | $75,000 |
Ready to take the next step with Baxter Trust co Private Foundation Services?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $49,555,558 | $4,672,095 | $3,412,942 | $2,431,000 | 48 | $2,805,600 | $4,168,925 | $2,896,630 |
| 2024 | $48,296,130 | $4,262,903 | $3,170,132 | $2,309,500 | 45 | $2,676,564 | $3,780,373 | $2,758,609 |
| 2023 | $47,141,050 | $2,374,491 | $3,115,601 | $2,368,500 | 45 | $2,676,213 | $2,021,600 | $2,577,437 |
| 2022 | $47,816,592 | $2,580,758 | $3,245,548 | $2,558,200 | 48 | $2,846,617 | $2,406,780 | $2,603,330 |
| 2021 | $48,400,713 | $6,766,543 | $2,580,845 | $2,093,500 | 41 | $2,377,453 | $6,682,664 | $2,834,328 |
| 2020 | $44,166,514 | $3,105,661 | $2,621,626 | $2,246,000 | 50 | — | $3,025,543 | $2,398,772 |
| 2019 | $43,666,467 | $2,200,994 | $2,373,074 | $2,207,500 | 32 | — | $2,089,202 | $2,359,467 |
Under IRS private-foundation payout rules, Baxter Trust co Private Foundation Services reported a distributable amount of $2.9M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Baxter Trust says it supports groups committed to helping people from underserved communities improve themselves and their station in life. Its stated priorities are basic human needs, education, and healthcare.
Its 2025 grantees illustrate the range of organizations it has supported. Fort Bend Care Center describes its work as transforming community wellness through literacy, health, spiritual, and wellness programs. Hope and Healing Center & Institute says it works to create accessible, affordable mental health care. TRS Health Inc describes providing free or low-cost comprehensive healthcare to underserved populations. Literacy-focused grantees include Right to Read, which provides literacy support and resources to families and students at risk of reading failure, and Literacy Now, which aims to empower children and families through literacy.
Grantmaking
In 2025, the trust made 48 grants totaling $2,431,000. Grants ranged from $15,000 to $100,000, with a median of $50,000. The largest awards included $100,000 each to Fort Bend Care Center for a capital campaign to build a new facility, Monarch Community for a capital campaign, and Westview School for a capital project. Other notable awards were $75,000 each to Every Shelter for a renovation project, TRS Health Inc for general operating expenses, and Hope and Healing Center & Institute for general operating expenses.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David Fisher, Alan Stewart, Sonja Gee, Thao Costis, and Fred Robertson as trustees, and Thomas G Hambrick Jr as CEO. The trust’s website lists David Fisher, Thao Costis, Sonja Gee, John Putnam, and Victoria Chen, and identifies Greg Hambrick as CEO.
Baxter Trust co Private Foundation Services is led by Thomas G Hambrick Jr., CEO since 2021 (on filings since 2020); 1 of 6 officers listed in 2025 is compensated.
Officers on the 2025 filing
Thomas G Hambrick Jr.
CEO
Trustee & CEO → CEO, 2021
On filings since 2020
40 hrs/week
$189K (2020) → $265K (2025)
Alan Stewart
Trustee
On filings since 2021
1 hr/week
No compensation reported
Fred Robertson
Trustee
On filings since 2021
1 hr/week
No compensation reported
Sonja Gee
Trustee
On filings since 2021
1 hr/week
No compensation reported
Thao Costis
Trustee
On filings since 2021
1 hr/week
No compensation reported
David Fisher
Trustee
On filings since 2023
1 hr/week
No compensation reported
Former officers (6)
- Former: David Hessel (2019–2020) — Trustee
- Former: Elise Shatto (2019–2020) — Trustee
- Former: George Ferry (2019–2020) — Trustee
- Former: J. Greg Crow (2019–2020) — Trustee
- Former: John Fenoglio (2019–2020) — Trustee
- Former: Toby T. Mongan (2019–2020) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $265K, to Thomas G Hambrick Jr (CEO).
Frequently asked questions about Baxter Trust co Private Foundation Services
How much does Baxter Trust co Private Foundation Services give each year?
Baxter Trust co Private Foundation Services gave $2.4M across 48 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.3M across 45 grants.
What is Baxter Trust co Private Foundation Services's typical grant size?
Baxter Trust co Private Foundation Services's median grant in 2025 was $50,000, and its average grant was $50,646, across 48 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Baxter Trust co Private Foundation Services that year got $51K on average.
Where does Baxter Trust co Private Foundation Services give grants?
Baxter Trust co Private Foundation Services gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Houston, TX (30 grants), Conroe, TX (2 grants), Missouri City, TX (2 grants) and Austin, TX (2 grants).
Does Baxter Trust co Private Foundation Services give general operating support?
Yes: 48% of Baxter Trust co Private Foundation Services's 2025 grants with a stated purpose (23 of 48) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Baxter Trust co Private Foundation Services's largest grantees?
Baxter Trust co Private Foundation Services's largest 2025 grantees include Fort Bend Care Center ($100,000), Monarch Community Inc ($100,000) and Westview School Inc ($100,000), according to its 2025 IRS Form 990-PF. Together they received 12% of its itemized 2025 grant dollars.
How large is Baxter Trust co Private Foundation Services?
Baxter Trust co Private Foundation Services reported $49.6M in total assets on its 2025 IRS Form 990-PF. It paid out $2.8M in qualifying distributions that year, against a required minimum of $2.9M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Baxter Trust co Private Foundation Services fund?
The Baxter Trust says it supports groups committed to helping people from underserved communities improve themselves and their station in life. Its stated priorities are basic human needs, education, and healthcare. See mission & focus areas ↑
How do I apply for a grant from Baxter Trust co Private Foundation Services?
The trust accepts applications by invitation only 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 Trust co Private Foundation Services's EIN?
Baxter Trust co Private Foundation Services's EIN (Employer Identification Number) is 76-0174893. IRS Form 990 filing data is available on this page for 2019–2025.
Does Baxter Trust co Private Foundation Services accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 20, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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Cite this profile
Grantable. (2026). Baxter Trust co Private Foundation Services funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/baxter-trust-co-private-foundation-services-morg_880f86d5eddb47d39d42afa26ee76c5a
BibTeX
@misc{grantable_760174893_2026,
author = {{Grantable}},
title = {{Baxter Trust co Private Foundation Services funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/baxter-trust-co-private-foundation-services-morg_880f86d5eddb47d39d42afa26ee76c5a},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Baxter Trust co Private Foundation Services's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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