The Baobab Fund
The Baobab Fund is a private foundation, based in Fairfield, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $56K in total assets. In 2024, it awarded 1 grant totaling $5K. Net investment income was $2.
The Baobab Fund at a glance
In short: The Baobab Fund gave $5K across 1 grant in 2024 (avg $5K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $5,000
- -85.9% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $5,000
- -85.9% vs 2023
- Median grant
- $5,000
- Total assets
- $55,600
- -7.1% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Baobab Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was American Academy in Berlin ($5K).
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 9 grants of 15 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How The Baobab Fund gives
- Giving fell 96% from 2021 to 2024. Method
- In 2024 it paid out 187% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2024) to $3.2M (2020). In 2024 it made 1 grant totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Academy in Berlin New York, NY | Exclusively charitable, religious, educational, literary and scientific purposes | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $55,600 | $2 | $5,000 | $5,000 | 1 | $5,000 | $2 | $2,678 |
| 2023 | $59,865 | $5 | $35,350 | $35,350 | 1 | $35,350 | $5 | $4,481 |
| 2022 | $91,092 | $717,005 | $1,080,356 | $1,080,000 | 3 | $1,080,351 | — | $3,368 |
| 2021 | $458,614 | $45 | $120,839 | $120,500 | 4 | $120,796 | — | $24,835 |
| 2020 | $576,338 | $2,850,075 | $3,208,033 | $3,208,000 | 6 | — | $42 | $33,799 |
Under IRS private-foundation payout rules, The Baobab Fund reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Baobab Fund is led by Gideon G Rose, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Gideon G Rose
President
On filings since 2020
2 hrs/week
No compensation reported
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.
Frequently asked questions about The Baobab Fund
How much does The Baobab Fund give each year?
The Baobab Fund gave $5K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $35K across 1 grant.
How large is The Baobab Fund?
The Baobab Fund reported $56K in total assets on its 2024 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
Where does The Baobab Fund operate?
The Baobab Fund has awarded grants in New York.
What is The Baobab Fund's EIN?
The Baobab Fund's EIN (Employer Identification Number) is 33-1007796. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in The Baobab Fund's focus areas in our free grants database
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