Melvin R Baum Private Foundation Inc
Melvin R Baum Private Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MORTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 20 grants totaling $355K. Net investment income was $146K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
Annual Giving
$355K
Grant Count
20
Avg Grant Size
$18K
Under IRS private-foundation payout rules, Melvin R Baum Private Foundation Inc reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Melvin R Baum Private Foundation Inc
Based on IRS filings
Melvin R Baum Private Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MORTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 20 grants totaling $355K. Net investment income was $146K.
Focus Areas
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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 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $3,105,995 | $3,647,389 | $4,084,321 |
| Revenue | $166,359 | $140,216 | $159,987 |
| Expenses | $404,096 | $372,323 | $366,397 |
| Qualifying Distributions | $354,835 | $15 | $303,540 |
| Net Investment Income | $145,642 | $183,327 | $116,729 |
| Distributable Amount | $38,872 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
87 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Apostolic Christian Lifepoints ($85,000), Midwest Food Bank ($60,310), St Jude ($51,400).
| Recipient | Purpose | Amount |
|---|---|---|
| MIDWEST FOOD BANK MORTON, IL | CHARITABLE | $60,310 |
| HARVEST CALL WEST LAFAYETTE, IN | CHARITABLE | $30,000 |
| FT MYERS AC CHURCH FORT MYERS, FL | CHARITABLE | $5,000 |
| ST JUDE PEORIA, IL | CHARITABLE | $51,400 |
| WE TRUST IN HIM NAPLES, FL | CHARITABLE | $25,000 |
| SALVATION ARMY PEORIA, IL | CHARITABLE | $12,800 |
| MORTON APOSTOLIC CHURCH MORTON, IL | CHARITABLE | $22,000 |
| ONE HOPE MINISTRIES POMPANO BEACH, FL | CHARITABLE | $125 |
| APOSTOLIC CHRISTIAN LIFEPOINTS MORTON, IL | CHARITABLE | $85,000 |
| INDEPENDENCE FUND CHARLOTTE, NC | CHARITABLE | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA BAUM | PRES/SEC/DIR | 1 | — |
| CRAIG BAUM | DIRECTOR | 1 | — |
| KURT BAUM | TREAS/DIR | 1 | — |
| MELINA LOPEZ | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Melvin R Baum Private Foundation Inc?
Melvin R Baum Private Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MORTON, IL. It holds $3.1M in total assets as of 2024.
How large is Melvin R Baum Private Foundation Inc?
As of 2024, Melvin R Baum Private Foundation Inc holds $3.1M in total assets with $166K in annual revenue. It awarded 20 grants totaling $355K in 2024.
Where does Melvin R Baum Private Foundation Inc operate?
Melvin R Baum Private Foundation Inc has awarded grants in Florida, Illinois, Indiana, Michigan, North Carolina, Oklahoma.
What size grants does Melvin R Baum Private Foundation Inc award?
In 2024, Melvin R Baum Private Foundation Inc awarded 20 grants totaling $355K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Melvin R Baum Private Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Melvin R Baum Private Foundation Inc reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Melvin R Baum Private Foundation Inc's EIN?
Melvin R Baum Private Foundation Inc's EIN (Employer Identification Number) is 37-1379627. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Melvin R Baum Private Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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