Helen & Loretta Foundation
Helen & Loretta Foundation is a private foundation, based in Nashville, TN. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 8 grants totaling $72K. Net investment income was $42K.
Helen & Loretta Foundation at a glance
In short: Helen & Loretta Foundation gave $72K across 8 grants in 2025 (avg $9K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $72,040
- -5.6% vs 2024
- Grants made (2025)
- 8
- -27.3% vs 2024
- Average grant
- $9,005
- +29.9% vs 2024
- Median grant
- $2,500
- Total assets
- $1,083,748
- +27.2% vs 2024
- Primary geography
- Tennessee (98% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Helen & Loretta Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was B E Academy of STEAM ($31K). Together the top 8 received $72K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Helen & Loretta Foundation gives
- Giving grew 188% from 2022 to 2025. Method
- In 2025 it paid out 151% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $21K (2023) to $76K (2024). In 2025 it made 8 grants totaling $72K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| B E Academy of STEAM Nashville, TN | Scholarship | $31,000 |
| Templeton Academy Nashville, TN | Scholarship | $28,220 |
| Ezell-Harding Christian School Antioch, TN | Scholarship | $7,295 |
| The Cathedral of the Incarnation Nashville, TN | Donation | $4,000 |
| College of Lake County Grayslake, IL | Scholarship | $1,000 |
| National Multiple Sclerosis Washington, DC | Donation | $265 |
| Little City Foundation Palatine, IL | Donation | $207 |
| American Cancer Society Chicago, IL | Donation | $53 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,083,748 | $333,576 | $101,915 | $72,040 | 8 | $72,040 | $42,417 | $47,866 |
| 2024 | $852,087 | $44,897 | $105,315 | $76,275 | 11 | $76,275 | $44,897 | $78,314 |
| 2023 | $912,505 | $17,349 | $60,844 | $20,644 | 7 | $20,644 | $17,349 | $41,273 |
| 2022 | $956,000 | $1,000,000 | $44,000 | $25,000 | 1 | $25,000 | — | $39,859 |
Under IRS private-foundation payout rules, Helen & Loretta Foundation reported a distributable amount of $48K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Helen & Loretta Foundation is led by John Baumgart, President on every filing since 2022; 3 of 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
John Baumgart
President
On filings since 2022
50 hrs/week
No compensation reported
Anthony Baumgart
Director
On filings since 2022
35 hrs/week
$6K (2022) → $7K (2025)
Allison Bettenhausen
Director
On filings since 2023
35 hrs/week
$7K (2023) → $7K (2025)
Eric Baumgart
Treasurer
On filings since 2022
35 hrs/week
$6K (2022) → $7K (2025)
Sharon Baumgart
Secretary
On filings since 2022
50 hrs/week
No compensation reported
Former officers (1)
- Former: Allison Baumgart (2022) — Director
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $7K, to Eric Baumgart (Treasurer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Helen & Loretta Foundation
How much does Helen & Loretta Foundation give each year?
Helen & Loretta Foundation gave $72K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $76K across 11 grants.
What is Helen & Loretta Foundation's typical grant size?
Helen & Loretta Foundation's median grant in 2025 was $2,500, and its average grant was $9,005, across 8 grants on its 2025 IRS Form 990-PF.
Where does Helen & Loretta Foundation give grants?
Helen & Loretta Foundation gives mostly in Tennessee: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Nashville, TN (3 grants).
Does Helen & Loretta Foundation give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Helen & Loretta Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (4 grants) and "Donation" (4 grants).
Who are Helen & Loretta Foundation's largest grantees?
Helen & Loretta Foundation's largest 2025 grantees include B E Academy of STEAM ($31,000), Templeton Academy ($28,220) and Ezell-Harding Christian School ($7,295), according to its 2025 IRS Form 990-PF. Together they received 92% of its itemized 2025 grant dollars.
How large is Helen & Loretta Foundation?
Helen & Loretta Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets).
What is Helen & Loretta Foundation's EIN?
Helen & Loretta Foundation's EIN (Employer Identification Number) is 88-1632335. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in Helen & Loretta Foundation's focus areas in our free grants database
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