Joan & Milton Baxt Foundation Inc

HOLLYWOOD, FL EIN: 52-2107158

Joan & Milton Baxt Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOLLYWOOD, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $348K in total assets. In 2025, it awarded 6 grants totaling $180K. Net investment income was $62K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$348K

-25.5% YoY

Annual Giving

$180K

+445.5% YoY

Grant Count

6

-33.3% YoY

Avg Grant Size

$30K

+718.2% YoY

Under IRS private-foundation payout rules, Joan & Milton Baxt Foundation Inc reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

About Joan & Milton Baxt Foundation Inc

Based on IRS filings

Joan & Milton Baxt Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOLLYWOOD, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $348K in total assets. In 2025, it awarded 6 grants totaling $180K. Net investment income was $62K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BaltimoreCambridgeEastonFort LauderdaleGlen BurnieWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$51K$102K$154K$205K20212022202320242025
Metric202520242023
Total Assets$347,901$466,972$471,687
Revenue$67,846$36,228$18,734
Expenses$186,259$40,663$33,445
Qualifying Distributions
Net Investment Income$62,109$32,355$15,581
Distributable Amount$2,183$24,279$30,372

Giving Over Time

Total grant dollars and number of grants per year

$0$45K$90K$135K$180K5 grants20217 grants20226 grants20239 grants20246 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

MidShore Meals Til Monday$150KNova Southeastern Univer…$10KWalters Art Museum$10KCambridge Empowerment Ce…$5KJewish Adoption Foster C…$3KNo Kid Hungry$3K

Grant Size Distribution

33 grants across all recorded years

32<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include MidShore Meals Til Monday ($150,000), Nova Southeastern University ($10,000), Walters Art Museum ($10,000).

RecipientPurposeAmount
Jewish Adoption Foster Care Fort Lauderdale, FLIndigent Child Support$2,500
Nova Southeastern University Fort Lauderdale, FLArt Support & Education$10,000
Walters Art Museum Baltimore, MDArt Support & Education$10,000
MidShore Meals Til Monday Easton, MDProvide healthy food to children for the weekend$150,000
No Kid Hungry Washington, DCWorking to fight childhood hunger in USA$2,500
Cambridge Empowerment Center Cambridge, MDServes basic needs as well as soial and recreatio$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Carl ZieglerMgr-Director5
Jenifer SchermerDirector

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Joan & Milton Baxt Foundation Inc?

Joan & Milton Baxt Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in HOLLYWOOD, FL. It holds $348K in total assets as of 2025.

How large is Joan & Milton Baxt Foundation Inc?

As of 2025, Joan & Milton Baxt Foundation Inc holds $348K in total assets with $68K in annual revenue. It awarded 6 grants totaling $180K in 2025.

Where does Joan & Milton Baxt Foundation Inc operate?

Joan & Milton Baxt Foundation Inc has awarded grants in District of Columbia, Florida, Maryland.

What size grants does Joan & Milton Baxt Foundation Inc award?

In 2025, Joan & Milton Baxt Foundation Inc awarded 6 grants totaling $180K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Joan & Milton Baxt Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Joan & Milton Baxt Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joan & Milton Baxt Foundation Inc's EIN?

Joan & Milton Baxt Foundation Inc's EIN (Employer Identification Number) is 52-2107158. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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