Joan & Milton Baxt Foundation Inc
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
33 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Adoption Foster Care Fort Lauderdale, FL | Indigent Child Support | $2,500 |
| Nova Southeastern University Fort Lauderdale, FL | Art Support & Education | $10,000 |
| Walters Art Museum Baltimore, MD | Art Support & Education | $10,000 |
| MidShore Meals Til Monday Easton, MD | Provide healthy food to children for the weekend | $150,000 |
| No Kid Hungry Washington, DC | Working to fight childhood hunger in USA | $2,500 |
| Cambridge Empowerment Center Cambridge, MD | Serves 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carl Ziegler | Mgr-Director | 5 | — |
| Jenifer Schermer | Director | — | — |
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.
Explore Open Grants
Browse active grant opportunities in Joan & Milton Baxt Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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