The Baxter Foundation
The Baxter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Westport, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $364K in total assets. In 2024, it awarded 12 grants totaling $32K. Net investment income was $11K.
Key facts about The Baxter Foundation
- EIN
- 25-6603101
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $32,112
- Grants made (2024)
- 12
- Average grant
- $2,676
- Median grant
- $1,250
- New grantees (estimate)
- 50% first-time grantees (6 of 12, 2024)
- Total assets
- $364,173
- Primary geography
- Florida (44% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Baxter Foundation funds
By grant dollars, the top recipient states for The Baxter Foundation's 12 itemized 2024 grants were Florida (44%), Connecticut (29%) and North Carolina (16%). The most frequent recipient cities were Westport, CT (3 grants). None of its 12 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support Organization's Mission" (12 grants).
Is The Baxter Foundation open to new grantees?
50%
first-time grantees, 2024
In 2024, 6 of 12 grantees (50%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count
Medians: $1K first-time, $2K repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- Giving grew 28% from 2021 to 2024. Method
- In 2024 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Baxter Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$364K
-6.1% YoY
Annual Giving
$32K
-5.9% YoY
Grant Count
12
-25.0% YoY
Avg Grant Size
$3K
+25.4% YoY
Under IRS private-foundation payout rules, The Baxter Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
About The Baxter Foundation
Based on IRS filings
The Baxter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Westport, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $364K in total assets. In 2024, it awarded 12 grants totaling $32K. Net investment income was $11K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $364,173 | $387,683 | $411,438 |
| Revenue | $18,438 | $14,982 | $11,686 |
| Expenses | $41,948 | $38,737 | $40,317 |
| Qualifying Distributions | $34,054 | $35,980 | $36,691 |
| Net Investment Income | $10,571 | $12,475 | $9,360 |
| Distributable Amount | $43,046 | $35,321 | $35,043 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Laces of Love ($12,500), Samaritans Purse US ($5,000), Al'S Angels ($3,262).
| Recipient | Purpose | Amount |
|---|---|---|
| Laces of Love Naples, FL | TO SUPPORT ORGANIZATION'S MISSION | $12,500 |
| Samaritans Purse US Boone, NC | TO SUPPORT ORGANIZATION'S MISSION | $5,000 |
| Al'S Angels Westport, CT | TO SUPPORT ORGANIZATION'S MISSION | $3,262 |
| Church of The Assumption Westport, CT | TO SUPPORT ORGANIZATION'S MISSION | $2,500 |
| Clinton VFW Westport, CT | TO SUPPORT ORGANIZATION'S MISSION | $2,000 |
| St Leo The Great Catholic Church Bonita Springs, FL | TO SUPPORT ORGANIZATION'S MISSION | $1,500 |
| BC Matthew Ryan Memorial Foundation Seaford, NY | TO SUPPORT ORGANIZATION'S MISSION | $1,000 |
| Friends of Ambler Farm Wilton, CT | TO SUPPORT ORGANIZATION'S MISSION | $1,000 |
| Delbarton School Morristown, NJ | TO SUPPORT ORGANIZATION'S MISSION | $1,000 |
| Tunnels to Towers Staten Island, NY | TO SUPPORT ORGANIZATION'S MISSION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas G Baxter | Trustee | 3 | — |
| Virginia T Baxter | Trustee | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Baxter Foundation?
The Baxter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Westport, CT. It holds $364K in total assets as of 2024.
How large is The Baxter Foundation?
As of 2024, The Baxter Foundation holds $364K in total assets with $18K in annual revenue. It awarded 12 grants totaling $32K in 2024.
Where does The Baxter Foundation operate?
The Baxter Foundation has awarded grants in Connecticut, Florida, Georgia, Illinois, Massachusetts, Maine, Missouri, North Carolina, New Jersey, New York, Oklahoma, Tennessee, Virginia, Washington.
What size grants does The Baxter Foundation award?
In 2024, The Baxter Foundation awarded 12 grants totaling $32K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Baxter Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Baxter Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Baxter Foundation's EIN?
The Baxter Foundation's EIN (Employer Identification Number) is 25-6603101. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.