Margaret Baker Foundation

Private foundation · Grantmaker Northfield, IL EIN: 36-4218007

Margaret Baker Foundation is a private foundation, based in Northfield, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 6 grants totaling $135K. Net investment income was $269K.

Key facts about Margaret Baker Foundation

In short: Margaret Baker Foundation gave $135K across 6 grants in 2025 (avg $23K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
36-4218007
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$135,000
Grants made (2025)
6
Average grant
$22,500
Median grant
$25,000
Total assets
$2,224,914
Primary geography
Illinois (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.2M

+13.2% YoY

Annual Giving

$135K

+3.8% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$23K

+3.8% YoY

Under IRS private-foundation payout rules, Margaret Baker Foundation reported a distributable amount of $100K for 2025 — the minimum it must pay out in qualifying distributions.

How Margaret Baker Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+13%). Method
  • In 2025 it paid out 135% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

ChicagoWilmetteLake ForestNorthbrookLong Island CityPalatine

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K8 grants2019 8 grants2020 9 grants2021 7 grants2022 7 grants2023 6 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $80K (2019) to $135K (2025). In 2025 it made 6 grants totaling $135K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Regina Dominican High School: $25KRegina Dominican High School$25KMothers Trust Foundation: $25KMothers Trust Foundation$25KElyssa's Mission: $25KElyssa's Mission$25KMadonna's Mission: $25KMadonna's Mission$25KDancing While Cancering: $20KDancing While Cancering$20KHope Ignites: $15KHope Ignites$15K

The largest 2025 recipient was Regina Dominican High School ($25K). Together the top 6 received $135K.

Grant Size Distribution

35 grants across all recorded years

35<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 35 grants of 35 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Regina Dominican High School Wilmette, ILScholarships for girls in high school$25,000
Mothers Trust Foundation Lake Forest, ILHelp single monthers unable to afford health necessities$25,000
Elyssa's Mission Northbrook, ILEducating boys and girls for suicide prevention$25,000
Madonna's Mission Chicago, ILEducating boys and girls for suicide prevention$25,000
Dancing While Cancering Chicago, ILSupport programs for children with cancer$20,000
Hope Ignites Wilmette, ILSupport programs for boys and girls in need of food and housing$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,224,914$1,964,825$1,531,024
Revenue$401,191$568,402$281,544
Expenses$141,102$134,601$132,859
Qualifying Distributions$135,000$130,000$120,000
Net Investment Income$269,241$244,196$230,953
Distributable Amount$99,870$91,626$77,958

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 25, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 13, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS June 7, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Margaret Baker Foundation is led by Michael Baker, President on every filing since 2021; none of the 10 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Michael Baker

    President

    On filings since 2021

    No compensation reported

  • Albert Baker

    Director

    President → Director, 2021

    On filings since 2019

    No compensation reported

  • Jessica Bertoldi

    Director

    Secretary → Director, 2021

    On filings since 2019

    No compensation reported

  • Mary Beth Shea

    Director

    On filings since 2019

    No compensation reported

  • Nancy Purpura

    Director

    On filings since 2019

    No compensation reported

  • A. Brennan Baker

    Director

    On filings since 2021

    No compensation reported

  • Carroll B. Bennett

    Director

    On filings since 2021

    No compensation reported

  • David Snyder

    Treasurer

    On filings since 2019

    No compensation reported

  • Madelyn Daneilak

    Secretary

    On filings since 2019

    No compensation reported

  • Esther Yahnig

    Secretary

    On filings since 2021

    No compensation reported

Former officers (1)
  • Former: Carroll Baker (2019–2020) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Margaret Baker Foundation

How much does Margaret Baker Foundation give each year?

Margaret Baker Foundation gave $135K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $130K across 6 grants.

What is Margaret Baker Foundation's typical grant size?

Margaret Baker Foundation's median grant in 2025 was $25,000, and its average grant was $22,500, across 6 grants on its 2025 IRS Form 990-PF.

Where does Margaret Baker Foundation give grants?

Margaret Baker Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (2 grants) and Wilmette, IL (2 grants).

Does Margaret Baker Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Margaret Baker Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are Margaret Baker Foundation's largest grantees?

Margaret Baker Foundation's largest 2025 grantees include Regina Dominican High School ($25,000), Mothers Trust Foundation ($25,000) and Elyssa's Mission ($25,000), according to its 2025 IRS Form 990-PF. Together they received 56% of its itemized 2025 grant dollars.

How large is Margaret Baker Foundation?

Margaret Baker Foundation reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $135K in qualifying distributions that year, against a required minimum of $100K (roughly 5% of its investment assets).

What is Margaret Baker Foundation's EIN?

Margaret Baker Foundation's EIN (Employer Identification Number) is 36-4218007. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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