Chesapeake Medical Foundation Ltd is a private foundation focused on Human Services, based in ANNAPOLIS, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $254K in total assets. In 2024, it awarded 9 grants totaling $20K. Net investment income was $15K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$254K
+4.5% YoY
Annual Giving
$20K
+35.2% YoY
Grant Count
9
+800.0% YoY
Avg Grant Size
$2K
-85.0% YoY
Under IRS private-foundation payout rules, Chesapeake Medical Foundation Ltd reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Chesapeake Medical Foundation Ltd
Based on IRS filings
Chesapeake Medical Foundation Ltd is a private foundation focused on Human Services, based in ANNAPOLIS, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $254K in total assets. In 2024, it awarded 9 grants totaling $20K. Net investment income was $15K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $253,723 | $242,806 | $246,599 |
| Revenue | $22,570 | $3,101 | $266,411 |
| Expenses | $23,340 | $19,055 | $15,600 |
| Qualifying Distributions | $23,297 | $15,000 | $15,000 |
| Net Investment Income | $14,770 | $3,101 | $6,311 |
| Distributable Amount | $12,888 | $11,876 | $11,409 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Washington College ($10,275), The Garfield Center ($3,000), The Key School ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| DENISON UNIVERSITY GRANVILLE, OH | GENERAL SUPPORT | $1,000 |
| HAMMON HARDWOOD HOUSE ANNAPOLIS, MD | GENERAL SUPPORT | $1,000 |
| LANDON SCHOOL BETHESDA, MD | GENERAL SUPPORT | $500 |
| NATURE SACRED ANNAPOLIS, MD | GENERAL SUPPORT | $1,000 |
| SHORE LEGAL ACCESS EASTON, MD | GENERAL SUPPORT | $500 |
| ST PAUL'S SCHOOLS BROOKLANDVILLE, MD | GENERAL SUPPORT | $500 |
| THE GARFIELD CENTER CHESTERTOWN, MD | GENERAL SUPPORT | $3,000 |
| THE KEY SCHOOL ANNAPOLIS, MD | GENERAL SUPPORT | $2,500 |
| WASHINGTON COLLEGE CHESTERTOWN, MD | GENERAL SUPPORT | $10,275 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK BAGANZ | DIRECTOR | 1 | — |
| LAURA SALLADIN | DIRECTOR | 1 | — |
| AUGUST BAGANZ | DIRECTOR | 1 | — |
| ELIZABETH BAGANZ | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Chesapeake Medical Foundation Ltd?
Chesapeake Medical Foundation Ltd is a private foundation focused on Human Services, based in ANNAPOLIS, MD. It holds $254K in total assets as of 2024.
How large is Chesapeake Medical Foundation Ltd?
As of 2024, Chesapeake Medical Foundation Ltd holds $254K in total assets with $23K in annual revenue. It awarded 9 grants totaling $20K in 2024.
Where does Chesapeake Medical Foundation Ltd operate?
Chesapeake Medical Foundation Ltd has awarded grants in Maryland, Ohio.
What size grants does Chesapeake Medical Foundation Ltd award?
In 2024, Chesapeake Medical Foundation Ltd awarded 9 grants totaling $20K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Chesapeake Medical Foundation Ltd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Chesapeake Medical Foundation Ltd reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Chesapeake Medical Foundation Ltd's EIN?
Chesapeake Medical Foundation Ltd's EIN (Employer Identification Number) is 87-3237643. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Chesapeake Medical Foundation Ltd's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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