Jtb Family Foundation

ST PAUL, MN EIN: 47-3790400

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.

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

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

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

13states
+5 more states

Cities

ARLINGTONATLANTABARRINGTONBROOKLYN PARKCHICAGOCINCINNATICOLLEGEVILLEDEKALBELGINGENEVAKANSAS CITYLINDALEMIDDLEBURYNEW YORKPHOENIXROSEVILLESACRAMENTOSHELBURNEST PAULTOPEKA

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12020202120232024
Metric202420232021
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$9M$12M9 grants20209 grants202125 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NIU FOUNDATION$10.0MST JOHN'S PREPARATORY SC…$200KFOOD FOR GREATER ELGIN$150KLURIE CHILDREN'S FOUNDAT…$100KMERCY SHIPS$100KSMILE TRAIN INC$100KCORPORATION FOR PUBLIC B…$50KELGIN COMMUNITY COLLEGE …$50KGREATER CHICAGO FOOD DEP…$50KMINNESOTA PUBLIC RADIO$50K

Grant Size Distribution

74 grants across all recorded years

40<$50K24$50–100K8$100–250K1$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES L BAUSTERTPRESIDENT, DIRECTOR0.1
THEO J BAUSTERTDIRECTOR (PART YEAR)0.1
BRIAN JEFFREY BAUSTERTDIRECTOR0.1
JULIA L BAUSTERTDIRECTOR0.1
TIMOTHY J BAUSTERTDIRECTOR0.1

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

Related Funders

Similar funders by location and focus area

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

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