The Baker Family Trust
The Baker Family Trust is a private foundation established in 1989 and granted its IRS ruling in 1990. Based in Wellesley, Massachusetts, the trust serves as the philanthropic vehicle for Jon M. Baker Sr., Patricia Baker, and their family. The foundation operates as a family foundation providing funding and support to nonprofit organizations, with a particular focus on education, healthcare, and community organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
-21.0% YoY
Annual Giving
$3.7M
+16.7% YoY
Grant Count
19
+35.7% YoY
Avg Grant Size
$195K
-14.0% YoY
Under IRS private-foundation payout rules, The Baker Family Trust reported a distributable amount of $628K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Baker Family Trust's mission centers on making the world a better place by helping develop effective ways to create awareness and communicate ideas and knowledge. The foundation's primary funding priorities include:
- Education
- Healthcare
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation distributes grants through trustee-discretion grantmaking rather than formal grant programs.
Grant Range
$5,000 to $2,500,000
Average Grant
Approximately $147,000
Invitation Only
** The foundation operates on an invitation-only basis and does not accept unsolicited requests for funds. Contributions are made only to preselected charitable organizations.
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Geographic Focus
Where this funder awards grants
The Baker Family Trust primarily focuses on:
- Massachusetts, particularly the Boston area
- National giving, with significant support to Georgetown University
- District of Columbia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $4,273,752
- Total revenues: $3,349,000
- Total giving/distributions: $3,702,900
- Total expenses: $4,024,200
- Investment income and dividends: $45,425
As of December 2023:
- Total grants, contributions: $4,096,954
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,273,752 | $5,411,123 | $6,806,885 |
| Revenue | $3,349,000 | $4,162,742 | $2,673,658 |
| Expenses | $4,024,200 | $3,459,667 | $3,256,001 |
| Qualifying Distributions | $3,702,900 | $3,172,200 | $3,096,950 |
| Net Investment Income | $1,008,750 | — | $2,563,924 |
| Distributable Amount | $628,041 | $563,634 | $404,708 |
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
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Georgetown University ($2,500,000), Mass General Hospital ($1,000,000), Heritage Museums & Gardens ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Heritage Museums & Gardens Sandwich, MA | UNRESTRICTED GIFT | $50,000 |
| Palm Beach Symphony West Palm Beach, FL | UNRESTRICTED GIFT | $15,000 |
| HOUSING ASSISTANCE CORP Hyannis, MA | UNRESTRICTED GIFT | $2,500 |
| CROSSROADS Duxbury, MA | UNRESTRICTED GIFT | $5,000 |
| THE SOCIETY FOR THE FOUR ARTS PALm BEACH, FL | UNRESTRICTED GIFT | $10,000 |
| Georgetown University Washington, DC | UNRESTRICTED GIFT | $2,500,000 |
| Cape Cod Healthcare Hyannis, MA | UNRESTRICTED GIFT | $10,000 |
| Mass General Hospital Boston, MA | UNRESTRICTED GIFT | $1,000,000 |
| Esplanade Association Boston, MA | UNRESTRICTED GIFT | $10,000 |
| Oyster Harbors Club Employee Scholarship Fund Osterville, MA | UNRESTRICTED GIFT | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- Jon M. Baker (Trustee) — Founder and philanthropic leader. Jon Baker graduated from Georgetown University (Class of 1964) and established one of the earliest offshore life insurance companies in Bermuda in 1978. He currently serves as chairman and CEO at International Planning Group, which provides wealth structuring and transfer planning solutions for high net worth individuals and executives of multinational companies.
- Patricia C. Baker (Trustee) — Serves on Georgetown University's Board of Regents.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JON M BAKER | TRUSTEE | — | — |
| PATRICIA C BAKER | TRUSTEE | — | — |
Contact Information
Address: 888 Worcester Street, Suite 130, Wellesley, MA 02482-3744
Phone: 781-237-3331
EIN: 04-6628772
Frequently Asked Questions
What does The Baker Family Trust fund?
The Baker Family Trust's mission centers on making the world a better place by helping develop effective ways to create awareness and communicate ideas and knowledge. The foundation's primary funding priorities include: • Education • Healthcare • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from The Baker Family Trust?
**Application Process:** The foundation operates on an invitation-only basis and does not accept unsolicited requests for funds. Contributions are made only to preselected charitable organizations. **Grant Activity:** • Annual giving: Approximately $3.1 million to $3.7 million • Number of grants: 20-25 grants annually (23 grants in 2024) • Grant range: $5,000 to $2,500,000 • Average grant size: Approximately $147,000 • Median grant amount: $10,000 **Recent Notable Grants (2024):** • Georgetown …
Where does The Baker Family Trust make grants?
The Baker Family Trust primarily focuses on: • Massachusetts, particularly the Boston area • National giving, with significant support to Georgetown University • District of Columbia
What size grants does The Baker Family Trust award?
In 2024, The Baker Family Trust awarded 19 grants totaling $3.7M — an average of about $195K per grant, based on its IRS Form 990 filings.
How much is The Baker Family Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Baker Family Trust reported a distributable amount of $628K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Baker Family Trust's EIN?
The Baker Family Trust's EIN (Employer Identification Number) is 04-6628772. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Baker Family Trust's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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