Lillian M Baker Trust

PORTLAND, ME EIN: 04-6010588

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

+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

Ready to take the next step with Lillian M Baker Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maine $158K (78%)

Arizona $13K (6%)

Massachusetts $12K (6%)

New Hampshire $11K (5%)

California $3K (1%)

North Carolina $3K (1%)

Pennsylvania $3K (1%)

States

Arizona California Massachusetts Maine North Carolina New Hampshire Pennsylvania

Cities

AuburnAugustaBangorBiddefordBrunswickBryn MawrCastineFayettevilleFranklinKeeneLos AngelesOronoRocklandSouth PortlandTempeWorcester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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.