Walter & Merle Baum Foundation Inc

Private foundation · Grantmaker Milford, CT EIN: 81-0585669

Walter & Merle Baum Foundation Inc is a private foundation based in Milford, Connecticut. Its 2025 filing reports grants to organizations including educational institutions, community centers, and organizations providing services related to sexual assault response and cardiac-arrest awareness.

Key facts about Walter & Merle Baum Foundation Inc

In short: Walter & Merle Baum Foundation Inc gave $465K across 16 grants in 2025 (avg $29K), mostly in Connecticut. 25% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
81-0585669
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$465,000
Grants made (2025)
16
Average grant
$29,063
Median grant
$20,000
New grantees (estimate)
25% first-time grantees (4 of 16, 2025)
Total assets
$8,134,438
Primary geography
Connecticut (98% of itemized 2025 grant dollars)
Accepts unsolicited proposals
Yes
How to apply
The foundation accepts unsolicited requests. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.1M

-2.1% YoY

Annual Giving

$465K

+3.3% YoY

Grant Count

16

-5.9% YoY

Avg Grant Size

$29K

+9.8% YoY

Under IRS private-foundation payout rules, Walter & Merle Baum Foundation Inc reported a distributable amount of $505K for 2025 — the minimum it must pay out in qualifying distributions.

Is Walter & Merle Baum Foundation Inc open to new grantees?

25%

first-time grantees, 2025

In 2025, 4 of 16 grantees (25%) were first-time recipients. First grants averaged $14K; repeat grants $34K. How we count

Medians: $15K first-time, $25K repeat.

  • 75% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+18%). Method
  • In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. Fairfield University describes its work as providing secondary, undergraduate, and graduate education, as well as education, charity, and religion. Adam J Lewis Academy says it provides an enriching elementary-school experience for underserved children in Bridgeport. Sterling House Community Center describes programs in areas including early-childhood learning, youth development, food security, and community service. In A Heartbeat says it raises awareness of sudden cardiac arrest and hypertrophic cardiomyopathy, provides automated external defibrillators, and supports research. The Rape Crisis Center of Milford says it provides crisis intervention and other services for victims of sexual assault.

Grantmaking

In 2025, the foundation reported 16 grants totaling $465,000. Grant amounts ranged from $10,000 to $100,000, with a median of $20,000. The largest grants included $100,000 to University of Bridgeport, $75,000 to Congregation Beth El, $50,000 to Fairfield University, $35,000 to Adam J Lewis Academy Inc, and $30,000 to Sterling House Community Center.

The foundation’s 2025 filing states that it does not restrict giving to preselected organizations. It accepts written requests; the filing lists no deadlines and no restrictions on awards.

How to Apply

The foundation accepts unsolicited requests. Submit a written request to Robert L Berchem. The filing lists no deadlines and no restrictions on awards.

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Geographic Focus

Where this funder awards grants

The foundation is based in Milford, Connecticut. In 2025, 98% of its grant dollars went to recipients in Connecticut and 2% went to recipients in New York.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 16 itemized grants.

Cities

BridgeportMilfordFairfieldNew HavenNew YorkNorwalkStratfordWest HavenTrumbullBerlinEastonNorth HavenWallingford

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K18 grants2020 16 grants2021 13 grants2022 14 grants2023 17 grants2024 16 grants2025

From 2020 to 2025, annual grant giving ranged from $395K (2022) to $480K (2021). In 2025 it made 16 grants totaling $465K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

University of Bridgeport: $100KUniversity of Bridgeport$100KCongregation Beth El: $75KCongregation Beth El$75KFairfield University: $50KFairfield University$50KAdam J Lewis Academy Inc: $35KAdam J Lewis Academy Inc$35KSterling House Community Center: $30KSterling House CommunityCenter$30KBoys and Girls Club of Milford: $25KBoys and Girls Club of Milford$25KHopkins School: $25KHopkins School$25KKolbe Cathedral High School: $25KKolbe Cathedral High School$25KIn a Heartbeat Inc: $15KIn a Heartbeat Inc$15KRape Crisis Center of Milford: $15KRape Crisis Center of Milford$15K

The largest 2025 recipient was University of Bridgeport ($100K). Together the top 10 received $395K.

Grant Size Distribution

76 grants across all recorded years

60<$50K11$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 60 grants of 76 (79%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Bridgeport Bridgeport, CTGeneral$100,000
Congregation Beth El Norwalk, CTGeneral$75,000
Fairfield University Fairfield, CTGeneral$50,000
Adam J Lewis Academy Inc Bridgeport, CTGeneral$35,000
Sterling House Community Center Stratford, CTGeneral$30,000
Boys and Girls Club of Milford Milford, CTGeneral$25,000
Hopkins School New Haven, CTGeneral$25,000
Kolbe Cathedral High School Bridgeport, CTGeneral$25,000
In a Heartbeat Inc Wallingford, CTGeneral$15,000
Rape Crisis Center of Milford Milford, CTGeneral$15,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $8,134,438 $396,644 $574,046 $465,000 (16 grants)
2024 $8,311,840 $320,823 $555,803 $450,000 (17 grants)
2023 $8,546,820 $291,189 $534,754 $442,500 (14 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$8,134,438$8,311,840$8,546,820
Revenue$396,644$320,823$291,189
Expenses$574,046$555,803$534,754
Qualifying Distributions$481,421$471,602$451,805
Net Investment Income$308,412$231,501$212,713
Distributable Amount$504,744$488,777$456,223

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Robert L Berchem as president, Howard Saffan as secretary, and Terrance J O’Connor and Jonathan D Berchem as vice presidents.

Walter & Merle Baum Foundation Inc is led by Robert L. Berchem, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Robert L. Berchem

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Howard Saffan

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Terrance J. O'Connor

    Vice President

    Director → Vice President, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jonathan D. Berchem

    Vice President

    Director → Vice President, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Robert L Berchem
Mailing address: 75 Broad Street, Milford, CT 06460
Phone: (203) 783-1200

Frequently asked questions about Walter & Merle Baum Foundation Inc

How much does Walter & Merle Baum Foundation Inc give each year?

Walter & Merle Baum Foundation Inc gave $465K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $450K across 17 grants.

What is Walter & Merle Baum Foundation Inc's typical grant size?

Walter & Merle Baum Foundation Inc's median grant in 2025 was $20,000, and its average grant was $29,063, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Walter & Merle Baum Foundation Inc that year got $14K on average.

Where does Walter & Merle Baum Foundation Inc give grants?

Walter & Merle Baum Foundation Inc gives mostly in Connecticut: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bridgeport, CT (6 grants), Fairfield, CT (2 grants), Milford, CT (2 grants) and New Haven, CT (2 grants).

Does Walter & Merle Baum Foundation Inc give general operating support?

Yes: 100% of Walter & Merle Baum Foundation Inc's 2025 grants with a stated purpose (16 of 16) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Walter & Merle Baum Foundation Inc's largest grantees?

Walter & Merle Baum Foundation Inc's largest 2025 grantees include University of Bridgeport ($100,000), Congregation Beth El ($75,000) and Fairfield University ($50,000), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.

How large is Walter & Merle Baum Foundation Inc?

Walter & Merle Baum Foundation Inc reported $8.1M in total assets on its 2025 IRS Form 990-PF. It paid out $481K in qualifying distributions that year, against a required minimum of $505K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Walter & Merle Baum Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. Fairfield University describes its work as providing secondary, undergraduate, and graduate education, as well as education, charity, and religion. See mission & focus areas ↑

How do I apply for a grant from Walter & Merle Baum Foundation Inc?

The foundation accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Walter & Merle Baum Foundation Inc's EIN?

Walter & Merle Baum Foundation Inc's EIN (Employer Identification Number) is 81-0585669. IRS Form 990 filing data is available on this page for 2020–2025.

Does Walter & Merle Baum Foundation Inc accept unsolicited proposals?

Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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