Otto Baum Company Inc Foundation

MORTON, IL EIN: 37-1376985

Otto Baum Company Inc Foundation 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 $193K in total assets. In 2024, it awarded 48 grants totaling $57K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$193K

+29.2% YoY

Annual Giving

$57K

+101.9% YoY

Grant Count

48

+41.2% YoY

Avg Grant Size

$1K

+43.0% YoY

Under IRS private-foundation payout rules, Otto Baum Company Inc Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About Otto Baum Company Inc Foundation

Based on IRS filings

Otto Baum Company Inc Foundation 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 $193K in total assets. In 2024, it awarded 48 grants totaling $57K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

BethanyBloomingtonBrimfieldCantonChampaignChicagoChillicotheDallasDavenportDublinEast PeoriaEdgefieldFairburyGalesburgGlasfordKansas CityKennesawLebanonLighthouse PointLockport

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$34K$69K$103K$138K20202021202220232024
Metric202420232022
Total Assets$193,326$149,676$53,146
Revenue$100,750$125,000$4,000
Expenses$57,100$28,470$33,165
Qualifying Distributions$52,050$28,290$15
Net Investment Income
Distributable Amount$5,901

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$29K$43K$57K14 grants202027 grants202137 grants202234 grants202348 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Goodwill Industries of C…$10KOSF Healthcare System$7KSkillsUSA Illinois$5KCarle Development Founda…$3KEasterseals Central Illi…$3KOak Ridge Outdoor Founda…$3KIllinois CancerCare Foun…$2KJon Denzer Bear Hug Foun…$2KSt Jude Children's Resea…$2KJunior Achievement of Ce…$2K

Grant Size Distribution

160 grants across all recorded years

160<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Goodwill Industries of Central Illinois ($10,000), OSF Healthcare System ($6,500), SkillsUSA Illinois ($5,000).

RecipientPurposeAmount
OSF Healthcare System Peoria, ILGeneral Support$6,500
Washington Panther Athletic Boosters Inc South Bend, INGeneral Support$500
Brent Johnson Memorial Park Mahomet, ILGeneral Support$250
Camp of Champions USA Ltd Pekin, ILGeneral Support$1,000
Carle Development Foundation Urbana, ILGeneral Support$2,500
Downtown Development Corporation of Peoria Peoria, ILGeneral Support$1,000
Dream Center of Peoria Peoria, ILGeneral Support$500
Easterseals Central Illinois Peoria, ILGeneral Support$2,500
Elite Community Outreach Peoria, ILGeneral Support$500
Gift of Hope Springfield, ILGeneral Support$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Otto Baum Company Inc Foundation?

Otto Baum Company Inc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MORTON, IL. It holds $193K in total assets as of 2024.

How large is Otto Baum Company Inc Foundation?

As of 2024, Otto Baum Company Inc Foundation holds $193K in total assets with $101K in annual revenue. It awarded 48 grants totaling $57K in 2024.

Where does Otto Baum Company Inc Foundation operate?

Otto Baum Company Inc Foundation has awarded grants in Florida, Georgia, Iowa, Illinois, Indiana, Missouri, Ohio, South Carolina, Tennessee, Texas.

What size grants does Otto Baum Company Inc Foundation award?

In 2024, Otto Baum Company Inc Foundation awarded 48 grants totaling $57K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Otto Baum Company Inc Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Otto Baum Company Inc Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Otto Baum Company Inc Foundation's EIN?

Otto Baum Company Inc Foundation's EIN (Employer Identification Number) is 37-1376985. IRS Form 990 filing data is available on this page for 2020–2024.

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

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