George W & Ruth R Baxter Foundation
The George W & Ruth R Baxter Foundation is a private foundation based in Charlotte, North Carolina. Its 2024 grants supported organizations working in education, medical care, and civic and community services, primarily in North Carolina.
George W & Ruth R Baxter Foundation at a glance
In short: George W & Ruth R Baxter Foundation gave $691K across 63 grants in 2024 (avg $11K), mostly in North Carolina. 16% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $691,000
- -5.5% vs 2023
- Grants made (2024)
- 63
- +10.5% vs 2023
- Average grant
- $10,968
- -14.5% vs 2023
- Median grant
- $10,000
- Total assets
- $17,946,162
- +1.8% vs 2023
- New grantees (estimate)
- 16% first-time grantees (10 of 63, 2024)
- Primary geography
- North Carolina (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to George W & Ruth R Baxter Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2115 Rexford Road 211, Charlotte, NC 28211
Phone: (704) 365-3806
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who George W & Ruth R Baxter Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Friendship Trays ($30K). Together the top 10 received $225K.
Grant Size Distribution
261 grants across all recorded years
The most common grant size was under $50K: 253 grants of 261 (97%).
Geographic Focus
Where this funder awards grants
In 2024, 91% of grant dollars went to recipients in North Carolina, 6% to Tennessee, and 1% each to Texas and South Carolina. The listed state shares also include New York at 0%.
Grant Distribution by State
Share of 2024 grant dollars across all 63 itemized grants.
Cities
Is George W & Ruth R Baxter Foundation open to new grantees?
16%
first-time grantees, 2024
In 2024, 10 of 63 grantees (16%) were first-time recipients. First grants averaged $8K; repeat grants $12K. How we count
Medians: $10K first-time, $10K repeat.
- 78% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−18%). Method
- In 2024 it paid out 81% 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 (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $691K (2024) to $941K (2022). In 2024 it made 63 grants totaling $691K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Friendship Trays Charlotte, NC | Civic, Deliver Meals to Elderly | $30,000 |
| Communities in Schools Charlotte, NC | Educational; Helps Keep Kids in School | $25,000 |
| First Health Foundation Pinehurst, NC | Medical, Hospice Support | $25,000 |
| Patriot Foundation Pinehurst, NC | Civic, Support for Military Families | $25,000 |
| Classroom Central Charlotte, NC | Educational; School Supplies | $20,000 |
| Heart Math Tutoring Charlotte, NC | Educational; Provides Math Tutors in Schools | $20,000 |
| Medassist NC Charlotte, NC | Medical, Free Medication to Low Income and Uninsured | $20,000 |
| Salvation Army Charlotte, NC | Civic, Rapid Rehousing Clerical Fund | $20,000 |
| Samaritan's Colony Rockingham, NC | Civic, Treatment for Addiction | $20,000 |
| Veteran's Bridge Home Charlotte, NC | Civic, Provides Support for Veterans and Their Families | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $17,946,162 | $1,396,038 | $1,065,114 | $691,000 | 63 | $872,037 | $1,205,960 | $1,074,786 |
| 2023 | $17,633,302 | $1,188,860 | $1,239,640 | $731,500 | 57 | $1,013,597 | $962,816 | $970,274 |
| 2022 | $17,693,198 | $757,235 | $1,491,774 | $940,500 | 55 | $1,218,569 | $534,618 | $1,022,954 |
| 2021 | $18,398,611 | $3,391,354 | $1,312,227 | $845,000 | 48 | $1,100,840 | $3,190,113 | $1,175,298 |
| 2020 | $16,318,768 | $828,183 | $1,245,785 | $852,000 | 38 | — | $654,319 | $1,051,540 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 giving included support for educational, medical, and civic services. For example, Friendship Trays describes its mission as delivering nutritious, diet-specific meals to people who cannot prepare meals for themselves; Communities in Schools says it surrounds students with community support to help them stay in school and achieve in life. Classroom Central describes its work as providing teachers and students with free resources, while Heart Math Tutoring says it helps schools use volunteer tutors to build elementary students’ math skills.
Other supported organizations describe work in veteran and military-family services, health care, and speech and hearing services. The Patriot Foundation says it provides scholarships for families of service members killed, wounded, or injured while serving; Veterans Bridge Home describes connecting service members, veterans, and their families with community support. Shelter Health Services says it provides accessible free health care to homeless women and children.
Grantmaking
In 2024, the foundation awarded 63 grants totaling $691,000. Grants ranged from $2,500 to $30,000, with a median of $10,000. Among the largest listed grants were $30,000 to Friendship Trays; $25,000 each to Communities in Schools, First Health Foundation, and the Patriot Foundation; and $20,000 each to Classroom Central, Heart Math Tutoring, MedAssist NC, the Salvation Army, Samaritan’s Colony, and Veteran’s Bridge Home.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists G Steve Baxter Sr. as chairman; Barbara S Grotzke as director and treasurer; Emily E Pace as director and assistant secretary; Andrew D Pace as director and president; and Mark Bare as director and secretary.
George W & Ruth R Baxter Foundation is led by Andrew D. Pace, Director & President since 2022 (on filings since 2020); all 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Andrew D. Pace
Director & President
Director → Director & President, 2022
On filings since 2020
8 hrs/week
$5K (2020) → $50K (2024)
G. Steve Baxter Sr.
Chairman
Director → Chairman, 2022
On filings since 2020
15 hrs/week
$15K (2020) → $60K (2024)
Barbara S. Grotzke
Director & Treasurer
Director → Director & Treasurer, 2021
On filings since 2020
2 hrs/week
$10K (2020) → $20K (2024)
Emily E. Pace
Director & Assistant Secretary
Director → Director & Assistant Secretary, 2022
On filings since 2020
1 hr/week
$5K (2020) → $8K (2024)
Mark Bare
Director & Secretary
Director → Director & Secretary, 2022
On filings since 2020
1 hr/week
$5K (2020) → $10K (2024)
Former officers (2)
- Former: Nolan D. Pace Jr. (2020–2022) — Chairman
- Former: Mark B. Edwards (2020–2021) — Director & Secretary
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $60K, to G Steve Baxter Sr (Chairman). 5 officers or directors reported compensation on that filing.
Frequently asked questions about George W & Ruth R Baxter Foundation
How much does George W & Ruth R Baxter Foundation give each year?
George W & Ruth R Baxter Foundation gave $691K across 63 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $732K across 57 grants.
What is George W & Ruth R Baxter Foundation's typical grant size?
George W & Ruth R Baxter Foundation's median grant in 2024 was $10,000, and its average grant was $10,968, across 63 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from George W & Ruth R Baxter Foundation that year got $8K on average.
Where does George W & Ruth R Baxter Foundation give grants?
George W & Ruth R Baxter Foundation gives mostly in North Carolina: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (6%). The most frequent recipient cities were Charlotte, NC (28 grants), Pinehurst, NC (4 grants), Southern Pines, NC (4 grants) and Knoxville, TN (3 grants).
Does George W & Ruth R Baxter Foundation give general operating support?
Not in 2024: none of the 63 grants with a stated purpose on George W & Ruth R Baxter Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are George W & Ruth R Baxter Foundation's largest grantees?
George W & Ruth R Baxter Foundation's largest 2024 grantees include Friendship Trays ($30,000), Communities in Schools ($25,000) and First Health Foundation ($25,000), according to its 2024 IRS Form 990-PF. Together they received 12% of its itemized 2024 grant dollars.
How large is George W & Ruth R Baxter Foundation?
George W & Ruth R Baxter Foundation reported $17.9M in total assets on its 2024 IRS Form 990-PF. It paid out $872K in qualifying distributions that year, against a required minimum of $1.1M (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 George W & Ruth R Baxter Foundation fund?
No mission statement for the foundation is provided. Its 2024 giving included support for educational, medical, and civic services. See mission & focus areas ↑
How do I apply for a grant from George W & Ruth R Baxter Foundation?
The foundation states that it 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 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.
Does George W & Ruth R Baxter Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). George W & Ruth R Baxter Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/george-w-and-ruth-r-baxter-foundation-morg_9779e93b75fb44f3a29dc89fde2c039a
BibTeX
@misc{grantable_560949547_2026,
author = {{Grantable}},
title = {{George W \& Ruth R Baxter Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/george-w-and-ruth-r-baxter-foundation-morg_9779e93b75fb44f3a29dc89fde2c039a},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from George W & Ruth R Baxter Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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