BETA

BAER FAMILY FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
BAER FAMILY FOUNDATION INC (EIN 20-3991889)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-12
IRS object ID
202641329349102609
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-12T09:55:48-07:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Steven B Walters CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 67th StreetAddressLine1Txt
CityVirginia BeachCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23451ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203991889EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BAER FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBAERBusinessNameControlTxt
Phone5617024443PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12030 W 33RD AVEAddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80211ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID B BAERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5617024443PhoneNum
Signature2026-05-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSteven B WaltersPreparerPersonNm
PTINP00503757PTIN
Phone7574776908PhoneNum
Preparation2026-05-12PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$627,466FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$16,970DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,970DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$35,320NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$59,382GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$35,320CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$0OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$52,290TotalRevAndExpnssAmt
Total Net Invst Incm$52,290TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$0LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$1,000AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,000AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$0OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$643TaxesRevAndExpnssAmt
Taxes Net Invst Incm$643TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss$0DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$2,840OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,840OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$4,483TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,483TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,272ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,272ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$34,755TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,483TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$30,272TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$17,535ExcessRevenueOverExpensesAmt
Net Investment Income$47,807NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$959CashBOYAmt
Cash EOY$3,370CashEOYAmt
Cash EOYFMV$3,370CashEOYFMVAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Land Bldg Investments EOY$0LandBldgInvestmentsEOYAmt
Other Investments BOY$569,256OtherInvestmentsBOYAmt
Other Investments EOY$584,380OtherInvestmentsEOYAmt
Other Investments EOYFMV$624,096OtherInvestmentsEOYFMVAmt
Land EOY$0LandEOYAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$570,215TotalAssetsBOYAmt
Total Assets EOY$587,750TotalAssetsEOYAmt
Total Assets EOYFMV$627,466TotalAssetsEOYFMVAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$0OtherLiabilitiesEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$570,215NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$587,750NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$570,215TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$587,750TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$570,215TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$587,750TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$570,215TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$17,535ExcessRevenueOverExpensesAmt
Subtotal$587,750SubtotalAmt
Tot Net Ast Or Fund Balances EOY$587,750TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtDepreciationDepreciationAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtFMV As Of123169FMVAsOf123169AmtAdjusted Basis As Of123169AdjustedBasisAsOf123169AmtExcess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
147.56 SH ALGER SPECTRA FUNDP2018-12-182025-11-06$5,864$0$2,810$3,054$0$0$0$3,054
28.085 SH ALLSPRING GROWTH FUNDP2018-12-102025-11-06$1,439$0$1,028$411$0$0$0$411
72.721 SH BOSTON PARTNERS L/S RES FDP2014-01-272025-05-20$1,030$0$1,029$1$0$0$0$1
353.363 SH BOSTON PARTNERS L/S RES FDP2014-01-272025-11-06$5,339$0$5,031$308$0$0$0$308
16.046 SH FIRST EAGLE GLOBAL FDSP2011-09-222025-05-20$1,209$0$707$502$0$0$0$502
81.77 SH FIRST EAGLE GLOBAL FDSP2011-09-222025-11-06$6,889$0$3,603$3,286$0$0$0$3,286
99.426 SH NUVEEN GLOBAL INFRA FDP2009-11-252025-05-20$1,260$0$823$437$0$0$0$437
279.993 SH NUVEEN GLOBAL INFRA FDP2010-12-202025-11-06$3,643$0$2,488$1,155$0$0$0$1,155
39.252 SH NUVEEN NWQ GLOBAL EQ INC FDP2012-10-082025-05-20$1,502$0$1,150$352$0$0$0$352
165.238 SH NUVEEN NWQ GLOBAL EQ INC FDP2013-03-142025-11-06$6,826$0$4,893$1,933$0$0$0$1,933
41.426 SH PIMCO GNMA & GOVT SEC FDP2011-09-222025-04-22$381$0$500-$119$0$0$0-$119
CAPITAL GAIN DISTRIBUTIONSP2012-07-012025-12-31$24,000$0$0$24,000$0$0$0$24,000
FieldValueIRS element (for citing)
Capital Gain Net Income$35,320CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$665InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$665SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$665TaxBasedOnInvestmentIncomeAmt
Original Return Tax Paid$0OriginalReturnTaxPaidAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$33EsPenaltyAmt
Tax Due$698TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMDOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksDAVID B BAERIndividualWithBooksNm
Phone5617024443PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12030 W 33RD AVE UNIT 2AddressLine1Txt
CityDENVERCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80211ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DAVID B BAER
2030 W 33RD AVE UNIT 2DENVERCO80211PRESIDENT3.00$0$0$0
JUSTIN M BAER
8504 BURNING TREE ROADBETHESDAMD20817TRUSTEE1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$611,105AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,361AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$617,466TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$617,466AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,262CashDeemedCharitableAmt
Net Vl Noncharitable Assets$608,204NetVlNoncharitableAssetsAmt
Minimum Investment Return$30,410MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$30,410MinimumInvestmentReturnAmt
Tax Based On Investment Income$665TaxBasedOnInvestmentIncomeAmt
Total Tax$665TotalTaxAmt
Distributable Before Adj$29,745DistributableBeforeAdjAmt
Distributable Before Ded$29,745DistributableBeforeDedAmt
Distributable As Adjusted$29,745DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$30,272ExpensesAndContributionsAmt
Qualifying Distributions$30,272QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$29,745DistributableAsAdjustedAmt
Undistributed Income PY$8,444UndistributedIncomePYAmt
Qualifying Distributions$30,272QualifyingDistributionsAmt
Applied To Year1$8,444AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$21,828AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$7,917UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Year4$0ExcessFromYear4Amt
Excess From Year3$0ExcessFromYear3Amt
Excess From Year2$0ExcessFromYear2Amt
Excess From Year1$0ExcessFromYear1Amt
Excess From Current Year$0ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
SULAM
13300 ARCTIC AVENUEROCKVILLEMD20853PCUNRESTRICTED GIFT$5,000
CHABAD OF ASPEN
435 W MAIN STASPENCO81611PCUNRESTRICTED GIFT$15,000
CHARLES E SMITH JEWISH DAY SCHOOL
1901 EAST JEFFERSON STREETROCKVILLEMD20852PCUNRESTRICTED GIFT$7,772
BULLIS SCHOOL
10601 FALLS ROADPOTOMACMD20854PCUNRESTRICTED GIFT$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,272TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$16,970ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$35,320ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$52,290ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$52,290TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (13 entries)

Category Or ItemCategoryOrItemTxtBook ValueBookValueAmtEOYFMVEOYFMVAmt
FIRST EAGLE GLOBAL FUND$39,565$55,809
NUVEEN GLOBAL EQUITY INC FD$42,969$64,603
NUVEEN GLOBAL INFRASTRUCTURE FD$66,950$76,573
ALLSPRING GROWTH FUND$24,781$23,034
PIMCO GNMA FUND$67,774$58,664
HODGES SMALL CAP GROWTH FUND$26,468$28,856
VICTORY RS INVESTORS FUND$19,592$24,072
VICTORY RS MID CAP GROWTH FD$15,280$17,153
STATE OF ISRAEL BOND$35,000$34,958
ALGER SPECTRA FUND$29,301$40,647
BLACKROCK STRATEGIC GLOBAL BD FD$35,905$33,610
BOSTON PARTNERS L/S RESEARCH FD$99,956$96,140
PGIM TOTAL RETURN BOND FD$80,839$69,977

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescMANAGEMENT FEESDesc
Revenue And Expenses Per Books$2,840RevenueAndExpensesPerBooksAmt
Net Investment Income$2,840NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIRS EXCISE TAXCategoryTxt
Amt$643Amt
Net Investment Income$643NetInvestmentIncomeAmt

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