Marjorie & VM Baich Foundation
Marjorie & VM Baich Foundation is a private foundation focused on Education, based in Coleraine, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $105K in total assets. In 2024, it awarded 3 grants totaling $7K.
Key facts about Marjorie & VM Baich Foundation
In short: Marjorie & VM Baich Foundation gave $7K across 3 grants in 2024 (avg $2K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- EIN
- 41-1894078
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $7,000
- Grants made (2024)
- 3
- Average grant
- $2,333
- Median grant
- $1,000
- Total assets
- $105,496
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$105K
-49.0% YoY
Annual Giving
$7K
-27.4% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$2K
-3.2% YoY
Under IRS private-foundation payout rules, Marjorie & VM Baich Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
How Marjorie & VM Baich Foundation gives
- Giving fell 32% from 2021 to 2024. Method
- In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Marjorie & VM Baich Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $7K (2024) to $21K (2022). In 2024 it made 3 grants totaling $7K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Minnesota North College ($5K). Together the top 3 received $7K.
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 31 grants of 31 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minnesota North College Hibbing, MN | Scholarships | $5,000 |
| University of Minnesota - Duluth Duluth, MN | Scholarships | $1,000 |
| College of St Scholastica Duluth, MN | Scholarships | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $105,496 | $206,659 | $213,871 |
| Revenue | $-109,840 | $219 | $-19,247 |
| Expenses | $8,323 | $10,881 | $23,452 |
| Qualifying Distributions | $7,000 | $9,644 | $21,273 |
| Distributable Amount | $6,388 | $6,797 | $10,600 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Marjorie & VM Baich Foundation is led by Michael Baich, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michael Baich
President
On filings since 2020
No compensation reported
Gregory Baich
Director
On filings since 2020
No compensation reported
Stephanie Smit
Director
On filings since 2020
No compensation reported
William Mager
Secretary
On filings since 2020
$1K (2020) → $0 (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $1K, to William Mager (Secretary).
Frequently asked questions about Marjorie & VM Baich Foundation
How much does Marjorie & VM Baich Foundation give each year?
Marjorie & VM Baich Foundation gave $7K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10K across 4 grants.
What is Marjorie & VM Baich Foundation's typical grant size?
Marjorie & VM Baich Foundation's median grant in 2024 was $1,000, and its average grant was $2,333, across 3 grants on its 2024 IRS Form 990-PF.
Where does Marjorie & VM Baich Foundation give grants?
Marjorie & VM Baich Foundation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Duluth, MN (2 grants).
Does Marjorie & VM Baich Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Marjorie & VM Baich Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (3 grants).
How large is Marjorie & VM Baich Foundation?
Marjorie & VM Baich Foundation reported $105K in total assets on its 2024 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
What is Marjorie & VM Baich Foundation?
Marjorie & VM Baich Foundation is a private foundation focused on Education, based in Coleraine, MN. It holds $105K in total assets as of 2024.
What is Marjorie & VM Baich Foundation's EIN?
Marjorie & VM Baich Foundation's EIN (Employer Identification Number) is 41-1894078. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Marjorie & VM Baich Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Marjorie & VM Baich Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Folds of Honor Foundation
Owasso, OK
Folds of Honor funds education scholarships for spouses and children of U.S. military service members and first responders killed or disabled in service, with awards available for K–12 and higher education in the United States and its territories. Awards are up to $5,000 per academic year, based on unmet need, and are paid directly to the school. It accepts scholarship applications through an online portal during its annual application window; it does not make grants to outside applicants.
Assets
$122.3M
Grants
1,551
Total Given
$37.6M
Minnesota Power Foundation
Duluth, MN
The foundation supports eligible nonprofits and accredited schools in Minnesota Power’s service area working in education, environment, community services, youth development, arts and culture, and health and human services. Its 2025 grants ranged from $200 to $99,500, with a median of $1,000; most funding went to Minnesota, with some to Wisconsin. It accepts applications throughout the year.
Assets
$961K
Grants
143
Total Given
$655K
Grand Rapids Area Community Foundation
Grand Rapids, MN
The Grand Rapids Area Community Foundation funds community-strengthening programs and projects in areas including arts and culture, education, community development, health and human services, the environment, and youth programs, serving the Greater Itasca Area of Minnesota. Itemized 2025 grants had a median award of $10,212 and ranged from $5,200 to $132,893; organizations apply through its annual online competitive grant cycle, so unsolicited requests are not described.
Assets
$40.5M
Grants
50
Total Given
$1.1M
Manitou Fund
White Bear Lake, MN
Manitou Fund supports a range of charitable purposes, including capital projects, programs, and scholarships; in 2024, grants ranged from $10,000 to $1.75 million, with a median of $50,000. Its 2024 giving was concentrated in California and Minnesota, with additional grants in New York, Florida, and Rhode Island. The fund gives only to preselected organizations and does not accept unsolicited requests.
Assets
$778.2M
Grants
164
Total Given
$20.1M
Central Indiana Community Foundation Inc
Indianapolis, IN
CICF supports a range of charitable work through its funds and partner entities, including youth programs, housing, social services, environmental equity, and services for older adults, primarily in Central Indiana. Its 2024 grants had a median award of $25,000, though amounts varied widely. CICF does not award grants directly; most competitive opportunities use its grants portal, while the Hamilton County Multi-Year Partner Grant is invitation-only and does not accept unsolicited requests.
Assets
$583.5M
Grants
525
Total Given
$31.1M
Ben & Jeanne Overman Charitable Trust
Wilmington, DE
The trust supports a range of charitable organizations, including education, community services, and religious organizations, with grants reported in several states, especially Minnesota and New York. In 2025 it made 30 grants totaling $171,000; grants ranged from $500 to $53,000, with a median of $3,000. The filing says it does not restrict giving to preselected organizations, but does not state whether it accepts unsolicited requests.
Assets
$2.7M
Grants
30
Total Given
$171K
TC Energy Foundation
Houston, TX
The TC Energy Foundation supported charities in safety, education, the environment, and resilient communities, but it ceased grantmaking after distributing its assets in 2023. Its 2023 grants totaled $1.29 million across seven recipients, with no typical grant size established; it states that it funds only preselected organizations and does not accept unsolicited requests.
Assets
—
Grants
7
Total Given
$1.3M
KPMG US Foundation Inc
Montvale, NJ
KPMG US Foundation supports education, mental health, community vitality, and community relief and resilience, with grants distributed across the United States. Its 2025 grants had a median of $25,000, though amounts ranged from about $5,000 to $2.2 million. The available information does not say whether it accepts unsolicited requests.
Assets
$12.4M
Grants
387
Total Given
$33.5M
Otto Bremer Trust
St. Paul, MN
The Otto Bremer Trust funds organizations and projects addressing community needs and opportunities, including health care and social services, in Minnesota, Montana, North Dakota, and Wisconsin. In 2025, grants ranged from $3,500 to $4.2 million, with a median of $150,000. It does not accept unsolicited requests or direct grant applications; Community Responsive Fund grants are offered through selected intermediaries.
Assets
$1.4B
Grants
180
Total Given
$57.2M
Culver's Foundation Inc
Prairie Du Sac, WI
The foundation funds community needs, youth and families, local initiatives, and scholarships for Culver’s team members, with a strong local focus in Wisconsin and grants also reaching other states. In 2024, grants ranged from $2,500 to $250,000, with a median of $10,000. It accepts applications through an online process and does not restrict giving to preselected organizations.
Assets
$8.1M
Grants
83
Total Given
$1.3M
Field Foundation of Illinois
Chicago, IL
The Field Foundation funds arts and culture, community-led investment, journalism and storytelling, and local leaders working to build community power, primarily in Chicago’s South and West Sides. Its 2025 grants had a median of $25,000, though awards ranged from $300 to more than $1.1 million. Some programs accept applications or requests, while Community Investments is invitation-based; Journalism & Storytelling requests are considered on a rolling basis.
Assets
$49.0M
Grants
299
Total Given
$10.8M
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation supports civic, social, and economic needs, including economic mobility, education equity, community safety, health, and the environment. In 2025, its grants had a median of $25,000, though awards varied widely; 77% of grant dollars went to Minnesota recipients. It does not state a general policy on unsolicited requests; current opportunities are closed, and some programs are invitation-based.
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
More Funders in Minnesota
Marjorie & VM Baich Foundation down — hundreds of funders to go?