JTB Family Foundation
The JTB Family Foundation is an independent private foundation based in St. Paul, Minnesota. The foundation operates as a family-led grantmaking organization with a broad geographic reach across the United States.
Key facts about JTB Family Foundation
- EIN
- 47-3790400
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $11,510,000
- Grants made (2024)
- 31
- Average grant
- $371,290
- Median grant
- $50,000
- New grantees (estimate)
- 39% first-time grantees (12 of 31, 2024)
- Primary geography
- Illinois (92% 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 JTB Family Foundation funds
By grant dollars, the top recipient states for JTB Family Foundation's 31 itemized 2024 grants were Illinois (92%). The most frequent recipient cities were Chicago, IL (7 grants), St Paul, MN (4 grants), Elgin, IL (3 grants) and Washington, DC (2 grants). 74% of grants with a stated purpose were for general or operating support.
Is JTB Family Foundation open to new grantees?
39%
first-time grantees, 2024
In 2024, 12 of 31 grantees (39%) were first-time recipients. First grants averaged $876K; repeat grants $53K. How we count
Medians: $50K first-time, $25K repeat.
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 JTB Family Foundation
- How to evaluate JTB Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$11.5M
+1111.6% YoY
Grant Count
31
+24.0% YoY
Avg Grant Size
$371K
+877.1% YoY
Grantmaking
The foundation demonstrates active grantmaking across multiple states and urban centers. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation funds projects across numerous states including Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Minnesota, New York, Ohio, Vermont, and Virginia.
Grant Distribution by State
Share of all 31 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
The foundation maintains substantial assets of approximately $30.7 million. In its most recent fiscal year, the foundation reported:
- Total expenses: approximately $1.1 million
- Total revenue: approximately $10.9 million
- Average grant size: $158
- Total grants awarded in the previous year: 5,731
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Niu Foundation ($10,000,000), St John's Preparatory School ($200,000), Food for Greater Elgin ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NIU FOUNDATION Dekalb, IL | GENERAL SUPPORT | $10,000,000 |
| ST JOHN'S PREPARATORY SCHOOL Collegeville, MN | GENERAL SUPPORT | $200,000 |
| FOOD FOR GREATER ELGIN Elgin, IL | GENERAL SUPPORT | $150,000 |
| LURIE CHILDREN'S FOUNDATION Chicago, IL | GENERAL SUPPORT | $100,000 |
| MERCY SHIPS Lindale, TX | GENERAL SUPPORT | $100,000 |
| SMILE TRAIN INC Washington, DC | SUPPORT THE EDUCATION OF THIRD WORLD COUNTRY DOCTORS TO PROVIDE FREE CLEFT REPAIR SURGERY | $100,000 |
| CORPORATION FOR PUBLIC BROADCASTING Washington, DC | GENERAL SUPPORT | $50,000 |
| ELGIN COMMUNITY COLLEGE FOUNDATION Elgin, IL | GENERAL SUPPORT | $50,000 |
| GREATER CHICAGO FOOD DEPOSITORY Chicago, IL | GENERAL SUPPORT | $50,000 |
| MINNESOTA PUBLIC RADIO St Paul, MN | GENERAL SUPPORT | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's board consists of members of the Baustert family. James L. Baustert serves as President and Director. Additional directors include Theo J. Baustert, Brian Jeffrey Baustert, Julia L. Baustert, and Timothy J. Baustert, all of whom serve without compensation.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| James L Baustert | President, Director | 0.1 | — |
| Theo J Baustert | Director (Part Year) | 0.1 | — |
| Brian Jeffrey Baustert | Director | 0.1 | — |
| Julia L Baustert | Director | 0.1 | — |
| Timothy J Baustert | Director | 0.1 | — |
Contact Information
Address: 101 5th Street East, St. Paul, MN 55101-1899
Telephone: 651-466-8710
EIN: 47-3790400
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from JTB Family Foundation?
The foundation demonstrates active grantmaking across multiple states and urban centers. Recent grants include: • $10,000,000 to Northern Illinois University Foundation (2024) • $50,000 to Corporation for Public Broadcasting (2024) The foundation does not specify particular subject areas of focus but has funded projects in various cities across the United States, including major urban centers such as New York, Chicago, and Washington, D.C. The foundation supports initiatives in multiple states,…
Where does JTB Family Foundation make grants?
The foundation funds projects across numerous states including Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Minnesota, New York, Ohio, Vermont, and Virginia.
What size grants does JTB Family Foundation award?
In 2024, JTB Family Foundation awarded 31 grants totaling $11.5M — an average of about $371K per grant, based on its IRS Form 990 filings.
What is JTB Family Foundation's EIN?
JTB Family Foundation's EIN (Employer Identification Number) is 47-3790400. 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.