David and Andrea Baum Family Foundation

SHORT HILLS, NJ EIN: 13-7178822

David and Andrea Baum Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHORT HILLS, NJ. IRS filing data is available from 2020 through 2021. In 2021, it awarded 28 grants totaling $2.0M. Net investment income was $412K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$2.0M

+1127.2% YoY

Grant Count

28

+64.7% YoY

Avg Grant Size

$73K

+645.1% YoY

Under IRS private-foundation payout rules, David and Andrea Baum Family Foundation reported a distributable amount of $35K for 2021 — the minimum it must pay out in qualifying distributions.

About David and Andrea Baum Family Foundation

Based on IRS filings

David and Andrea Baum Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHORT HILLS, NJ. IRS filing data is available from 2020 through 2021. In 2021, it awarded 28 grants totaling $2.0M. Net investment income was $412K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

Basking RidgeBedfordBostonBrooklineDorchesterEast HanoverEdgartownFlorham ParkMillburnMorristownNeedhamNew YorkOaklandPebble BeachProvidenceSiloam SpringsSouth OrangeTisburyTucsonVineyard Haven

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$563K$1M$2M$2M20202021
Metric20212020
Total Assets$1,491,284
Revenue$538,272$149,507
Expenses$2,048,797$176,211
Qualifying Distributions
Net Investment Income$411,653$138,757
Distributable Amount$34,647$78,926

Giving Over Time

Total grant dollars and number of grants per year

$0$508K$1M$2M$2M17 grants202028 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2021

BROWN UNIVERSITY DONOR A…$1.8MBROWN UNIVERSITY$100KFIDELITY CHARITABLE$50KMARTHA'S VINEYARD YOUTH$27KTEMPLE SHAREY TEFILO-ISR…$13KBROWN RISD HILLEL$12KFACING HISTORY AND OURSE…$3KMILLBURN-SHORT HILLS BUS…$3KYOU'VEVE GOT A FRIEND$3KTEMPLE B'NAI ABRAHAM$2K

Grant Size Distribution

45 grants across all recorded years

41<$50K1$50–100K2$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Brown University Donor Advised Fund ($1,811,877), Brown University ($100,000), Fidelity Charitable ($50,232).

RecipientPurposeAmount
BOATHOUSE FOUNDATION EDGARTOWN, MACOMMUNITY SERVICES$300
BOSTON MEDFLIGHT BEDFORD, MAMEDICAL$250
BROWN RISD HILLEL PROVIDENCE, RIRELIGIOUS$11,800
BROWN UNIVERSITY DONOR ADVISED FUND SILOAM SPRINGS, AZGENERAL SUPPORT TO VARIOUS CHARITIES.$1,811,877
BROWN UNIVERSITY PROVIDENCE, RIEDUCATION$100,000
COLIN CANCER ALLIANCE WASHINGTON, DCMEDICAL$50
DUKE'S COUNTY DEPUTY SHERIFF'S ASSOCIATION EDGARTOWN, MACOMMUNITY SERVICES$100
EDGARTOWN FIREMAN'S ASSN EDGARTOWN, MACOMMUNITY SERVICES$100
FACING HISTORY AND OURSELVES BROOKLINE, MACOMMUNITY SERVICES$2,500
FIDELITY CHARITABLE BOSTON, MAGENERAL SUPPORT TO VARIOUS CHARITIES.$50,232

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
DAVID BAUMTRUSTEE
ANDREA TERZI BAUMTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is David and Andrea Baum Family Foundation?

David and Andrea Baum Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SHORT HILLS, NJ. It holds — in total assets as of 2021.

Where does David and Andrea Baum Family Foundation operate?

David and Andrea Baum Family Foundation has awarded grants in Arizona, California, District of Columbia, Massachusetts, New Jersey, New York, Rhode Island.

What size grants does David and Andrea Baum Family Foundation award?

In 2021, David and Andrea Baum Family Foundation awarded 28 grants totaling $2.0M — an average of about $73K per grant, based on its IRS Form 990 filings.

How much is David and Andrea Baum Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, David and Andrea Baum Family Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David and Andrea Baum Family Foundation's EIN?

David and Andrea Baum Family Foundation's EIN (Employer Identification Number) is 13-7178822. IRS Form 990 filing data is available on this page for 2020–2021.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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