David S Baum Foundation Inc

SANIBEL ISLAND, FL EIN: 84-4039569 Website

The David A. Baum Family Foundation is a private foundation based in Sanibel, Florida, established in 2021. The foundation focuses on promoting cardiovascular health through education, testing, and treatment initiatives.

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

-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.

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

Mission & Focus Areas

Mission: The foundation was founded to promote cardiovascular health through education, testing, and treatment.

Primary Focus: The foundation addresses heart disease, which it identifies as the leading cause of death in the United States, with over 659,000 deaths annually. The foundation aims to provide resources to educate the public about the causes of heart disease and prevention strategies, with the ultimate goal of reducing the rate of heart disease in America.

Grantmaking

Ready to take the next step with David S Baum Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Texas, Wisconsin, and Florida.

Grant Distribution by State

Texas $469K (23%)

District of Columbia $291K (14%)

Wisconsin $286K (14%)

Virginia $205K (10%)

Florida $200K (10%)

California $178K (9%)

Colorado $156K (8%)

Arizona $135K (7%)

+9 more states

States

Arizona California Colorado District of Columbia Florida Iowa Illinois Kansas Maryland Michigan North Carolina New Jersey New York Tennessee Texas Virginia Wisconsin

Cities

AltonAustinBasaltBoca RatonBooneCarbondaleColumbiaDallasDripping SpringsFort MyersGlenwood SpringsHillsdaleHollywoodHoustonIowa CityJanesvilleMadisonMamaroneckMarble FallsMilwaukee

Financial History

Multi-year comparison from IRS filings

Total Assets: $7,019,072
Total Annual Giving: $422,500
Location: Sanibel, FL 33957

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

156 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include David Horowitz Freedom Center ($50,000), Young America's Foundation ($50,000), Turning Point Usa ($35,000).

Recipient	Purpose	Amount
AGRACE FOUNDATION (JANESVILLE HOSPICE) MADISON, WI	UNRESTRICTED CHARITABLE GIFT	$10,000
AMAZING PLACE HOUSTON, TX	UNRESTRICTED CHARITABLE GIFT	$5,000
BELOVED GALLERY MARBLE FALLS, TX	UNRESTRICTED CHARITABLE GIFT	$5,000
CAPITAL AREA TENNIS AUSTIN, TX	UNRESTRICTED CHARITABLE GIFT	$5,000
CHANCE FOR HOPE PEARLAND, TX	UNRESTRICTED CHARITABLE GIFT	$27,900
DAVID HOROWITZ FREEDOM CENTER SHERMAN OAKS, CA	UNRESTRICTED CHARITABLE GIFT	$50,000
DING DARLING WILDLIFE SOCIETY SANIBEL, FL	UNRESTRICTED CHARITABLE GIFT	$10,000
DUCHESNE ACADEMY OF THE SACRED HEART HOUSTON, TX	UNRESTRICTED CHARITABLE GIFT	$10,000
DYSLEXIA CENTER OF AUSTIN AUSTIN, TX	UNRESTRICTED CHARITABLE GIFT	$20,000
GIFTS MEN'S SHELTER JANESVILLE, WI	UNRESTRICTED CHARITABLE GIFT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID S BAUM	PRESIDENT	0.1	—
TRACY S SAPIEN	SECRETARY	0.1	—
FIDEL A SAPIEN	TREASURER	0.1	—
MELISSA A BAUM	VICE PRESIDENT	0.1	—
JUDY J BAUM	VICE PRESIDENT	0.1	—
KIMBERLY BAUM ADAMANY	DIRECTOR	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does David S Baum Foundation Inc fund?

**Mission:** The foundation was founded to promote cardiovascular health through education, testing, and treatment. **Primary Focus:** The foundation addresses heart disease, which it identifies as the leading cause of death in the United States, with over 659,000 deaths annually. The foundation aims to provide resources to educate the public about the causes of heart disease and prevention strategies, with the ultimate goal of reducing the rate of heart disease in America.

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

**Grant Amounts:** Typical awards range from $1,000 to $75,000. **Total Annual Giving:** $422,500 (based on most recent IRS Form 990 filing from 2024) **Funding Focus Areas:** Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with particular emphasis on scouting organizations, youth development, leadership grants, education nonprofits, and STEM education. **Engagement:** The foundation hosts an Annual Golf Tournament to support its mission and actively seeks sponsors for t…

Where does David S Baum Foundation Inc make grants?

The foundation primarily funds organizations in Texas, Wisconsin, and Florida.

What size grants does David S Baum Foundation Inc award?

In 2024, David S Baum Foundation Inc awarded 32 grants totaling $423K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is David S Baum Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David S Baum Foundation Inc reported a distributable amount of $436K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.