Joseph D Baker Fund Inc

Foundation · Grantmaker Frederick, MD EIN: 52-6039040

Joseph D Baker Fund Inc is a private foundation based in the United States. Limited information about the organization's specific activities and structure is available in the verified sources provided.

Key facts about Joseph D Baker Fund Inc

EIN
52-6039040
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$128,000
Grants made (2024)
24
Average grant
$5,333
Median grant
$4,000
New grantees (estimate)
8% first-time grantees (2 of 24, 2024)
Total assets
$1,517,767
Primary geography
Maryland (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Joseph D Baker Fund Inc funds

By grant dollars, the top recipient states for Joseph D Baker Fund Inc's 24 itemized 2024 grants were Maryland (100%). The most frequent recipient cities were Frederick, MD (22 grants). None of its 24 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Give Back to Local Community" (24 grants).

Is Joseph D Baker Fund Inc open to new grantees?

8%

first-time grantees, 2024

In 2024, 2 of 24 grantees (8%) were first-time recipients. First grants averaged $2K; repeat grants $6K. How we count

Medians: $2K first-time, $4K repeat.

  • 92% of 2024 grantees were also funded in 2023. Method
  • Giving grew 22% from 2021 to 2024. Method
  • In 2023 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Joseph D Baker Fund Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-2.6% YoY

Annual Giving

$128K

+21.9% YoY

Grant Count

24

+9.1% YoY

Avg Grant Size

$5K

+11.7% YoY

Under IRS private-foundation payout rules, Joseph D Baker Fund Inc reported a distributable amount of $126K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 24 itemized 2024 grant dollars.

States

Cities

FrederickLisbonWestminsterHagerstownThurmontWoodsboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$43K$87K$130K$174K20202021202220232024
Metric202420232022
Total Assets$1,517,767$1,558,194$1,533,542
Revenue$92,524$137,034$86,955
Expenses$133,657$112,382$107,473
Qualifying Distributions—$105,000—
Net Investment Income$106,624$100,211$93,712
Distributable Amount$126,198$102,594$111,552

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$32K$64K$96K$128K26 grants202026 grants202125 grants202222 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Downtown Frederick Partnership: $20KDowntown Frederick Partnership$20KFriends of Baker Park: $20KFriends of Baker Park$20KMission of Mercy: $11KMission of Mercy$11KMcDaniel College: $10KMcDaniel College$10KReligious Coalition: $6KReligious Coalition$6KThe Arc of Frederick County: $6KThe Arc of Frederick County$6KFrederick County 4H Riding: $5KFrederick County 4H Riding$5KDays End Horse Farm Rescue: $5KDays End Horse Farm Rescue$5KLiteracy Council of Frederick: $5KLiteracy Council of Frederick$5KBoys and Girls Club of Frederick: $5KBoys and Girls Club ofFrederick$5K

Grant Size Distribution

123 grants across all recorded years

123<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Downtown Frederick Partnership ($20,000), Friends of Baker Park ($20,000), Mission of Mercy ($11,000).

RecipientPurposeAmount
DOWNTOWN FREDERICK PARTNERSHIP Frederick, MDTO GIVE BACK TO LOCAL COMMUNITY$20,000
FRIENDS OF BAKER PARK Frederick, MDTO GIVE BACK TO LOCAL COMMUNITY$20,000
MISSION OF MERCY Frederick, MDTO GIVE BACK TO LOCAL COMMUNITY$11,000
MCDANIEL COLLEGE Westminster, MDTO GIVE BACK TO LOCAL COMMUNITY$10,000
RELIGIOUS COALITION Frederick, MDTO GIVE BACK TO LOCAL COMMUNITY$6,000
THE ARC OF FREDERICK COUNTY Frederick, MDTO GIVE BACK TO LOCAL COMMUNITY$6,000
FREDERICK COUNTY 4H RIDING Frederick, MDTO GIVE BACK TO LOCAL COMMUNITY$5,000
DAYS END HORSE FARM RESCUE Lisbon, MDTO GIVE BACK TO LOCAL COMMUNITY$5,000
LITERACY COUNCIL OF FREDERICK Frederick, MDTO GIVE BACK TO LOCAL COMMUNITY$5,000
BOYS AND GIRLS CLUB OF FREDERICK Frederick, MDTO GIVE BACK TO LOCAL COMMUNITY$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Joseph D Baker JrDirector——
Graham C BakerDirector——
John W BakerDirector——
Geraldine B HicksDirector——
Benjamin L TylerDirector——
Dr Peter LyonDirector——
C H Randolph Lyon JrDirector——

Recent News & Activity

Recent developments and announcements

The John and Lois Baker Education and Economic Development Fund has been actively accepting grant applications, indicating ongoing grantmaking activity within the Baker family philanthropic landscape. Baker University has received significant gifts, including a $2 million gift to establish four-year scholarships, demonstrating the Baker family's commitment to educational funding.

John and Lois Baker Education and Economic Development Fund accepting grant

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**Note:** The verified sources provided contain limited specific information about Joseph D Baker Fund Inc's mission, grantmaking practices, geographic focus, leadership, and financials. A more comprehensive dossier would require additional verified documentation such as Form 990-PF filings, foundation websites, or official grant announcements directly from the organization.

John and Lois Baker Education and Economic Development Fund accepting grant

Frequently Asked Questions

What size grants does Joseph D Baker Fund Inc award?

In 2024, Joseph D Baker Fund Inc awarded 24 grants totaling $128K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Joseph D Baker Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joseph D Baker Fund Inc reported a distributable amount of $126K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joseph D Baker Fund Inc's EIN?

Joseph D Baker Fund Inc's EIN (Employer Identification Number) is 52-6039040. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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