EIN 23-7000192

Bainum Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
39
Year formed
1969
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Bainum Family Foundation operates and supports educational programs and projects assisting underserved children and youth, from early childhood through post-secondary education.
Also known as...
Commonweal Foundation
Total revenues
$50,008,492
2023
Total expenses
$52,595,382
2023
Total assets
$745,909,231
2023
Num. employees
39
2023

Program areas at Bainum Family Foundation

The early childhood initiative supports children's healthy development and learning from birth to three. In collaboration with its practice partners, the Foundation enhances the quality and size of early learning programs by supporting technical assistance, professional developmentand facility enhancements. These quality-improvementmeasures help programs secure or retain sustainable publicfunding. The Foundation also works with its practicepartners to design and implement health, mental health andfamily-support programs prioritizing young children,especially infants and toddlers, and families living inhistorically marginalized and resilient communities. The majority of the Foundation's practices are anchored in the communities they serve. The Foundation also engages policy and advocacy partners to increase public funding for programs and services for young children and families. This work includes public awareness, policy implementation guidance and coalition building
Our legacy programs include the following:(1) seventh-day adventist community - supports seventh-day adventist schools and partners in creating environments where all children and families have equitable opportunities and resources to thrive(2) food security - makes investments and forms partnerships that foster a more sustainable, collaborative and equitable local food system in the Washington, d.c., area(3) Family philanthropy - supports and oversees the giving programs established by our founders, stewart sr. and jane Bainum, for subsequent generations of their Family (currently three generations), as well as the individual philanthropic efforts of Family members. Family philanthropy carries forward the philanthropic commitment of the founders while allowing Family members flexibility in the causes they support.
Deferred excise tax income

Grants made by Bainum Family Foundation

GranteeGrant descriptionAmount
International Rescue Committee (IRC)Learning Through Play Opportunities for Refugee Children in Jijiga, Somali Region$200,000
Aga Khan Foundation UsaIntegrated Ecd Initiative in Bihar, India$170,000
Brac UsaBrac Play Lab Home-Based Daycare Project in Bangladesh$150,868
...and 48 more grants made totalling $2,647,148

Personnel at Bainum Family Foundation

NameTitleCompensation
David DanielsChief Executive Officer and President$474,396
Leila OtisChief Financial Officer / Vice President of Op / Vice President , Operations / Senior Director of Program / Senior Director , Program Operations / Senior Director , Bainum Foundation Farm$245,150
Mae CheungVice President, Operations and General Counsel$177,977
Michael BrannanVice President, Finance
Clara NorthingtonVice President , Human Resources Operations$216,590
...and 37 more key personnel

Financials for Bainum Family Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$16,771,903
Investment income and dividends$6,430,784
Net rental income$0
Net gain from sale of non-inventory assets$24,826,632
Gross sales of inventory$0
Miscellaneous revenues$1,979,173
Total revenues$50,008,492

Form 990s for Bainum Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990PFView PDF
2022-062023-05-10990PFView PDF
2021-062022-05-11990PFView PDF
2020-062021-06-23990PFView PDF
2019-062020-09-22990PRView PDF
...and 8 more Form 990s

Organizations like Bainum Family Foundation

OrganizationLocationRevenue
Ewing Marion Kauffman FoundationKansas City, MO$112,688,316
Packard Humanities InstituteLos Altos, CA$16,849,267
Lumina FoundationIndianapolis, IN$103,090,471
Jack Kent Cooke Foundation (JKCF)Lansdowne, VA$46,441,200
Alfred P Sloan FoundationNew York, NY$118,541,925
Boettcher FoundationDenver, CO$15,010,009
Skillman FoundationDetroit, MI$34,435,700
Tomkat Ranch Educational FoundationPescadero, CA$12,571,309
Xq InstituteOakland, CA$73,370,038
Dorrance Foundation for EducationScottsdale, AZ$25,239,462
Data update history
July 13, 2024
Used new vendors
Identified 3 new vendors, including , , and
January 29, 2024
Updated personnel
Identified 15 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 21, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 30, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donationsAccepts online donations
General information
Address
7735 Old Georgetown Rd 1000
Bethesda, MD 20814
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
bainumfdn.org/ 
Phone
(240) 450-0000
Facebook page
BainumFdn 
Twitter profile
@bainumfdn 
IRS details
EIN
23-7000192
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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