George W & Ruth R Baxter Foundation
The George W & Ruth R Baxter Foundation is a private foundation based in Charlotte, North Carolina. Established around 1970, the foundation operates as a 501(c)(3) organization with a focus on charitable giving in healthcare, human services, and civic causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.9M
+1.8% YoY
Annual Giving
$691K
-5.5% YoY
Grant Count
63
+10.5% YoY
Avg Grant Size
$11K
-14.5% YoY
Under IRS private-foundation payout rules, George W & Ruth R Baxter Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include:
- Medical Care: Free medical care to low-income and uninsured people, dental care for the needy
- Hospice Care: Regional hospice care and hospice support services
- Food Security: Providing food for hungry people
- Civic Support: Support for military families and children in poverty
- Scholarships: Educational scholarships
- Christian Agencies and Churches: Support for religious organizations
Grantmaking
The foundation made 38–79 grants in recent years. Recent recipients have included:
Grant Range
$2,500–$50,000
Average Grant
amount varies by program area, ranging from approximately $10,000–$26,667
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in North Carolina, Tennessee, and Texas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $17,946,162
- 2023: $17,633,302
Annual Revenue & Expenses (2024):
- Total Revenue: $1,396,038
- Total Expenses: $1,065,114
- Net Income: $330,924
Giving Rate: 5.7% of assets
Staffing: 2 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,946,162 | $17,633,302 | $17,693,198 |
| Revenue | $1,396,038 | $1,188,860 | $757,235 |
| Expenses | $1,065,114 | $1,239,640 | $1,491,774 |
| Qualifying Distributions | $872,037 | $1,013,597 | $1,218,569 |
| Net Investment Income | $1,205,960 | $962,816 | $534,618 |
| Distributable Amount | $1,074,786 | $970,274 | $1,022,954 |
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
236 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Friendship Trays ($30,000), Communities in Schools ($25,000), First Health Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADULT DAY AND HEALTHCARE SERVICES MATTHEWS, NC | CIVIC, ADULT DAY AND HEALTH CARE SERVICES | $5,000 |
| AGAPE DENTAL MINISTRY CHARLOTTE, NC | MEDICAL, DENTAL CARE FOR NEEDY | $15,000 |
| ASSISTANCE LEAGUE OF CHARLOTTE CHARLOTTE, NC | CIVIC, SUPPORT FOR CHILDREN IN POVERTY | $10,000 |
| AUGUSTINE LITERACY PROJECT - CHARLOTTE CHARLOTTE, NC | CIVIC, TUTORING ASSISTANCE IN UNDER-RESOURCED COMMUNITIES | $10,000 |
| BOUNTY & SOUL BLACK MOUNTAIN, NC | CIVIC, PROVIDING NUTRITIOUS FOOD TO COMMUNITIES | $10,000 |
| CABARRUS MEALS ON WHEELS CONCORD, NC | CIVIC, HELPING END SENIOR HUNGER | $10,000 |
| CAROLINA BREAST FRIENDS CHARLOTTE, NC | MEDICAL, FREE SCREENING | $5,000 |
| CHANGING DESTINIES MINISTRIES PINEHURST, NC | CIVIC, PROVIDE AWARENESS OF HUMAN TRAFFICKING & ADVOCACY FOR SEX-TRAFFICKED SURVIVORS | $5,000 |
| CHARLOTTE COMMUNITY HEALTH CLINIC CHARLOTTE, NC | MEDICAL, PROVIDES HEALTHCARE SERVICES FOR LOW-INCOME AND UNDERSERVED | $5,000 |
| CHARLOTTE NEUROSCIENCE FOUNDATION CHARLOTTE, NC | MEDICAL, SUPPORT FOR ALZHEIMERS, PARKINSONS AND RELATED DISORDERS | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- G Steve Baxter Sr. – Chairman (10 hours/week, $60,000 compensation)
- Andrew D Pace – Director/President (8 hours/week, $50,000 compensation)
- Barbara S Grotzke – Director/Treasurer (3 hours/week, $20,000 compensation)
- Emily E Pace – Director/Assistant Secretary (1 hour/week, $7,500 compensation)
- Mark Bare – Director/Secretary (1 hour/week, $10,000 compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| G STEVE BAXTER SR | CHAIRMAN | 15 | $60,000 |
| BARBARA S GROTZKE | DIRECTOR/TREASURER | 2 | $20,000 |
| EMILY E PACE | DIRECTOR/ASSISTANT SECRETARY | 1 | $7,500 |
| ANDREW D PACE | DIRECTOR/PRESIDENT | 8 | $50,000 |
| MARK BARE | DIRECTOR/SECRETARY | 1 | $10,000 |
Contact Information
Address: 2115 Rexford Road, Suite 211, Charlotte, NC 28211-5453
Phone: 704-365-3806
EIN: 56-0949547
Frequently Asked Questions
What does George W & Ruth R Baxter Foundation fund?
The foundation's giving priorities include: • **Medical Care**: Free medical care to low-income and uninsured people, dental care for the needy • **Hospice Care**: Regional hospice care and hospice support services • **Food Security**: Providing food for hungry people • **Civic Support**: Support for military families and children in poverty • **Scholarships**: Educational scholarships • **Christian Agencies and Churches**: Support for religious organizations
How do I apply for a grant from George W & Ruth R Baxter Foundation?
**Grant Characteristics:** • Typical grant range: $2,500–$50,000 • Median grant amount: $10,000 • Average grant amount varies by program area, ranging from approximately $10,000–$26,667 **Recent Grant Activity:** The foundation made 38–79 grants in recent years. Recent recipients have included: • Second Harvest Food Bank of Metrolina ($30,000) • Friendship Trays ($30,000) • Patriot Foundation / Norman E Smith ($25,000) **Annual Giving:** • 2024: $691,000 • 2023: $1,013,597
Where does George W & Ruth R Baxter Foundation make grants?
The foundation primarily funds organizations in North Carolina, Tennessee, and Texas.
What size grants does George W & Ruth R Baxter Foundation award?
In 2024, George W & Ruth R Baxter Foundation awarded 63 grants totaling $691K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is George W & Ruth R Baxter Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, George W & Ruth R Baxter Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is George W & Ruth R Baxter Foundation's EIN?
George W & Ruth R Baxter Foundation's EIN (Employer Identification Number) is 56-0949547. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.