David S Baum Foundation Inc logo

David S Baum Foundation Inc

Private foundation · Grantmaker Sanibel Island, FL EIN: 84-4039569 Website

DAVID S BAUM FOUNDATION INC is a private foundation based in Sanibel Island, Florida. The foundation’s website says it was founded in 2021 to promote cardiovascular health through education, testing, and treatment.

Key facts about David S Baum Foundation Inc

In short: David S Baum Foundation Inc gave $423K across 32 grants in 2024 (avg $13K), top state Texas. Source: 2024 IRS Form 990-PF.

EIN
84-4039569
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$422,500
Grants made (2024)
32
Average grant
$13,203
Median grant
$10,000
Total assets
$7,019,072
Primary geography
Texas (22% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation 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. 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

$7.0M

+3.7% YoY

Annual Giving

$423K

-4.2% YoY

Grant Count

32

-5.9% YoY

Avg Grant Size

$13K

+1.8% YoY

Under IRS private-foundation payout rules, David S Baum Foundation Inc reported a distributable amount of $436K for 2024 — the minimum it must pay out in qualifying distributions.

How David S Baum Foundation Inc gives

  • 72% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+18%). Method
  • In 2024 it paid out 98% 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 (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation says its mission is to educate people about preventing heart attacks and fund screenings and treatment options. It describes its work as supporting education and prevention of cardiovascular disease and advancing testing to help prevent catastrophic events.

Its 2024 grants included organizations with varied missions. Young America’s Foundation describes its work as youth outreach promoting individual freedom, a strong national defense, free enterprise, and traditional values. The Dyslexia Center of Austin says it provides education, services, and support for people with dyslexia and related learning differences. Samaritan’s Purse describes itself as providing spiritual and physical aid to people facing circumstances such as war, poverty, disasters, disease, and famine. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In filing year 2024, the foundation reported 32 grants totaling $422,500. Grants ranged from $2,500 to $50,000, with a median of $10,000. The largest grants included $50,000 each to Young America’s Foundation and the David Horowitz Freedom Center; $35,000 to Turning Point USA; $27,900 to Chance for Hope; and $20,000 each to the Dyslexia Center of Austin, Judicial Watch, MMAC Community Support Foundation, and Samaritan’s Purse. The listed purposes for these grants were “unrestricted charitable gift.”

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Geographic Focus

Where this funder awards grants

In 2024, the largest shares of grant dollars went to recipients in Texas (22%), Wisconsin (19%), California (12%), Virginia (12%), and Arizona (8%). The foundation’s website also describes hospital partnerships in Georgia and Florida to support cardiovascular testing and treatment for low-income patients.

Grant Distribution by State

17states

Share of 2024 grant dollars across all 32 itemized grants.

Cities

HoustonWashingtonJanesvilleSanibelAustinBasaltCarbondaleHillsdaleMadisonPalmettoPhoenixRestonSherman OaksFort MyersPuebloSpicewoodBoca RatonDripping SpringsGlenwood SpringsHollywood

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M2 grants2020 40 grants2021 48 grants2022 34 grants2023 32 grants2024

From 2020 to 2024, annual grant giving ranged from $15K (2020) to $832K (2022). In 2024 it made 32 grants totaling $423K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

David Horowitz Freedom Center: $50KDavid Horowitz Freedom Center$50KYoung America's Foundation: $50KYoung America's Foundation$50KTurning Point USA: $35KTurning Point USA$35KChance for Hope: $28KChance for Hope$28KDyslexia Center of Austin: $20KDyslexia Center of Austin$20KJudicial Watch: $20KJudicial Watch$20KMmac Community Support Foundation Inc: $20KMmac Community SupportFoundation Inc$20KSamaritan's Purse: $20KSamaritan's Purse$20KUnited Way Blackhawk Region: $17KUnited Way Blackhawk Region$17KAgrace Foundation (Janesville Hospice): $10KAgrace Foundation (JanesvilleHospice)$10K

The largest 2024 recipient was David Horowitz Freedom Center ($50K). Together the top 10 received $270K.

Grant Size Distribution

156 grants across all recorded years

146<$50K10$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 146 grants of 156 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
David Horowitz Freedom Center Sherman Oaks, CAUnrestricted Charitable Gift$50,000
Young America's Foundation Reston, VAUnrestricted Charitable Gift$50,000
Turning Point USA Phoenix, AZUnrestricted Charitable Gift$35,000
Chance for Hope Pearland, TXUnrestricted Charitable Gift$27,900
Dyslexia Center of Austin Austin, TXUnrestricted Charitable Gift$20,000
Judicial Watch Washington, DCUnrestricted Charitable Gift$20,000
Mmac Community Support Foundation Inc Milwaukee, WIUnrestricted Charitable Gift$20,000
Samaritan's Purse Boone, NCUnrestricted Charitable Gift$20,000
United Way Blackhawk Region Janesville, WIUnrestricted Charitable Gift$17,000
Agrace Foundation (Janesville Hospice) Madison, WIUnrestricted Charitable Gift$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2024 $7,019,072 $726,013 $477,760 $422,500 32
2023 $6,771,340 $193,425 $512,219 $440,998 34
2022 $7,091,001 $211,736 $904,422 $832,000 48
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$7,019,072$6,771,340$7,091,001
Revenue$726,013$193,425$211,736
Expenses$477,760$512,219$904,422
Qualifying Distributions$425,275$442,883$838,611
Net Investment Income$673,528$104,350$145,925
Distributable Amount$436,038$386,083$416,589

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

Leadership team and compensation from IRS filings

The 2024 filing lists David S Baum as president; Tracy S Sapien as secretary; Fidel A Sapien as treasurer; Melissa A Baum and Judy J Baum as vice presidents; and Kimberly Baum Adamany as director.

David S Baum Foundation Inc is led by David S. Baum, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David S. Baum

    President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Kimberly Baum Adamany

    Director

    On filings since 2022

    0.1 hrs/week

    No compensation reported

  • Fidel A. Sapien

    Treasurer

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Judy J. Baum

    Vice President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Melissa A. Baum

    Vice President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Tracy S. Sapien

    Secretary

    On filings since 2020

    0.1 hrs/week

    No compensation reported

Former officers (1)
  • Former: Kimberly Baum Emerson (2021) — 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: 4315 W Gulf Drive, Sanibel Island, FL 33957
Phone: (239) 472-2372
Website: https://davidabaumfoundation.org

Frequently asked questions about David S Baum Foundation Inc

How much does David S Baum Foundation Inc give each year?

David S Baum Foundation Inc gave $423K across 32 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $441K across 34 grants.

What is David S Baum Foundation Inc's typical grant size?

David S Baum Foundation Inc's median grant in 2024 was $10,000, and its average grant was $13,203, across 32 grants on its 2024 IRS Form 990-PF.

Where does David S Baum Foundation Inc give grants?

David S Baum Foundation Inc's top state is Texas, with 22% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Wisconsin (19%) and California (12%). The most frequent recipient cities were Janesville, WI (5 grants), Houston, TX (4 grants), Austin, TX (2 grants) and Washington, DC (2 grants).

Does David S Baum Foundation Inc give general operating support?

Yes: 100% of David S Baum Foundation Inc's 2024 grants with a stated purpose (32 of 32) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are David S Baum Foundation Inc's largest grantees?

David S Baum Foundation Inc's largest 2024 grantees include David Horowitz Freedom Center ($50,000), Young America's Foundation ($50,000) and Turning Point USA ($35,000), according to its 2024 IRS Form 990-PF. Together they received 32% of its itemized 2024 grant dollars.

How large is David S Baum Foundation Inc?

David S Baum Foundation Inc reported $7.0M in total assets on its 2024 IRS Form 990-PF. It paid out $425K in qualifying distributions that year, against a required minimum of $436K (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 David S Baum Foundation Inc fund?

The foundation says its mission is to educate people about preventing heart attacks and fund screenings and treatment options. It describes its work as supporting education and prevention of cardiovascular disease and advancing testing to help prevent catastrophic events. See mission & focus areas ↑

How do I apply for a grant from David S Baum Foundation Inc?

The foundation 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 David S Baum Foundation Inc's EIN?

David S Baum Foundation Inc's EIN (Employer Identification Number) is 84-4039569. IRS Form 990 filing data is available on this page for 2020–2024.

Does David S Baum Foundation Inc 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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