Lillian M Baker Trust
Lillian M Baker Trust is a private foundation, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $688K in total assets. In 2024, it awarded 7 grants totaling $55K. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$688K
-3.4% YoY
Annual Giving
$55K
+58.3% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$8K
+35.7% YoY
Under IRS private-foundation payout rules, Lillian M Baker Trust reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About Lillian M Baker Trust
Based on IRS filings
Lillian M Baker Trust is a private foundation, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $688K in total assets. In 2024, it awarded 7 grants totaling $55K. Net investment income was $35K.
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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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $687,853 | $711,732 | $766,219 |
| Revenue | $41,121 | $116 | $-19,941 |
| Expenses | $65,000 | $54,603 | $64,445 |
| Qualifying Distributions | $59,240 | $47,916 | $52,470 |
| Net Investment Income | $35,361 | $15,329 | $6,731 |
| Distributable Amount | $42,232 | $40,062 | $41,446 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Husson University ($18,000), University of Maine ($11,200), Arizona State University ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HUSSON UNIVERSITY BANGOR, ME | SCHOLARSHIP | $18,000 |
| UNIVERSITY OF MAINE ORONO, ME | SCHOLARSHIP | $11,200 |
| ARIZONA STATE UNIVERSITY TEMPE, AZ | SCHOLARSHIP | $6,000 |
| UNIVERSITY OF NEW ENGLAND BIDDEFORD, ME | SCHOLARSHIP | $4,000 |
| MAINE MARITIME ACADEMY CASTINE, ME | SCHOLARSHIP | $5,600 |
| ROCKLAND DISTRICT NURSING ASSOC ROCKLAND, ME | CHARITABLE | $5,000 |
| DEAN COLLEGE FRANKLIN, MA | SCHOLARSHIP | $5,600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PORTLAND TRUST COMPANY | TRUSTEE | — | $8,518 |
Frequently Asked Questions
How large is Lillian M Baker Trust?
As of 2024, Lillian M Baker Trust holds $688K in total assets with $41K in annual revenue. It awarded 7 grants totaling $55K in 2024.
Where does Lillian M Baker Trust operate?
Lillian M Baker Trust has awarded grants in Arizona, California, Massachusetts, Maine, North Carolina, New Hampshire, Pennsylvania.
What size grants does Lillian M Baker Trust award?
In 2024, Lillian M Baker Trust awarded 7 grants totaling $55K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Lillian M Baker Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lillian M Baker Trust reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lillian M Baker Trust's EIN?
Lillian M Baker Trust's EIN (Employer Identification Number) is 04-6010588. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lillian M Baker Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.