2026-05-21T18:24:10-05:00 2025-09-30 680037990 GILBERT CPAS 2880 GATEWAY OAKS DR STE 100 SACRAMENTO CA 95833 990 2024-10-01 941613751 THE ALBERT BAKER FUND ALBE 9165949513 111 WOODMERE ROAD 210 FOLSOM CA 95630 JOSEPH RITTER CEO 9165949513 2026-05-20 1 0 AMANDA H WILLIAMS P01281212 9166466464 2026-05-20 2024 2025-03-06 01:10:19Z JOSEPH RITTER 111 WOODMERE ROAD 210 FOLSOM CA 95630 22664303 0 X WWW.ALBERTBAKERFUND.ORG X 1964 CA TO SERVE THE CAUSE OF CHRISTIAN SCIENCE AND HUMANITY BY PROVIDING RESOURCES FOR THE EDUCATION AND DEVELOPMENT OF CHRISTIAN SCIENTISTS. 11 11 8 20 0 0 1380407 970864 3836 0 -40885 -1458252 29017 46169 1372375 -441219 1786489 1249518 0 0 1008759 1025438 0 0 424697 728782 731875 3524030 3006831 -2151655 -3448050 36662827 41388946 124632 70622 36538195 41318324 X TO SERVE THE CAUSE OF CHRISTIAN SCIENCE AND HUMANITY BY PROVIDING RESOURCES FOR THE EDUCATION AND DEVELOPMENT OF CHRISTIAN SCIENTISTS. 0 1 1271739 983949 46169 PROVIDED 178 POST SECONDARY EDUCATIONAL GRANTS TO CHRISTIAN SCIENCE STUDENTS IN NORTH AMERICA. 426087 178369 PROVIDED 211 SCHOLARSHIPS AND EDUCATIONAL GRANTS TO INTERNATIONAL STUDENTS. 135145 87200 PROVIDED 53 SCHOLARSHIPS AND GRANTS TO STUDENTS OBTAINING TRAINING AS CHRISTIAN SCIENCE NURSES. 50352 0 POSTSECONDARY LOAN PROGRAM 275 LOW INTEREST FINANCIAL AID LOANS OUTSTANDING TO 231 POSTSECONDARY EDUCATION STUDENTS. 50352 0 1883323 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA FL GA HI IL KY MA MD MI MN MS NC NH NM NY OR SC TN VA WI WV X X CONTROLLER 9165945913 111 WOODMERE ROAD STE 210 FOLSOM CA 95630 ALISTAIR SAVIDES CHAIRMAN 2.00 X X 0 0 0 CRAIG DONALDSON VICE CHAIR, CURRENT 2.00 X X 0 0 0 LISA MIETCHEN VICE CHAIR 2.00 X X 0 0 0 KATIE STANLEY SECRETARY 2.00 X X 0 0 0 RAY THOMPSON TREASURER 2.00 X X 0 0 0 HILARY HARPER-WILCOXEN TRUSTEE 2.00 X 0 0 0 DAVID WESTPHAL TRUSTEE 2.00 X 0 0 0 TRUDY PALMER TRUSTEE 2.00 X 0 0 0 JOHN STROUT TRUSTEE 2.00 X 0 0 0 JOAN BRADLEY TRUSTEE 2.00 X 0 0 0 KIM SHIVERS TRUSTEE 2.00 X 0 0 0 CHRISTINE WEINER TRUSTEE 2.00 X 0 0 0 D BRIAN BOETTIGER TRUSTEE 2.00 X 0 0 0 JOSEPH RITTER CEO 40.00 X 220465 0 52210 SUE ELLEN COUGHTRY CHIEF ADVANCEMENT OFFICER 40.00 X 179822 0 26292 LIBBY SCHEIERN SCHOLARSHIP MGR. 40.00 X 142223 0 20018 JEFFREY THOMPSON MANAGER OF OPERATIONS 40.00 X 104878 0 31983 ANN KENNEDY CONTROLLER 30.00 X 108655 0 7019 756043 0 137522 5 0 1 0 GRAYSTONE CONSULTING 1617 N WATERFRONT PKWY STE 200 WICHITA KS 67206 INVESTMENT SERVICES 186688 1 970864 221118 970864 1122299 1122299 20524971 23105522 -2580551 -2580551 -2580551 OTHER INCOME 900099 46169 46169 46169 -441219 46169 0 -1458252 1045249 1045249 204269 204269 279792 109346 85463 84983 591933 231333 180807 179793 33536 13106 10244 10186 59715 23337 18240 18138 60462 23629 18468 18365 34680 22708 10399 1573 210211 210211 82960 54322 24876 3762 50422 15620 3775 31027 74907 14153 40595 20159 37787 28654 6938 2195 51289 11664 35146 4479 120100 45612 36078 38410 30645 23335 7310 9439 648 7057 1734 LOAN MANAGEMENT AND COL 15373 15373 OTHER EXPENSES 14062 965 10514 2583 3006831 1883323 698811 424697 X 208833 215433 507820 1140063 617986 131007 770116 568057 19537 27924 239150 215909 40622 23241 30105322 34485657 4312734 4770407 79857 27157 36662827 41388946 42285 42315 82347 28307 124632 70622 X 33787842 38148814 2750353 3169510 36538195 41318324 36662827 41388946 -3448050 8228179 0 X X 0 1 X 1 0 X 1152797 1399401 1375190 1380407 970864 6278659 1152797 1399401 1375190 1380407 970864 6278659 41816 6236843 546332 889308 828845 808364 1122299 4195148 -79906 4941 -92 0 -75057 16885 12974 28840 29017 46169 133885 10532635 0.59210 0.62420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2678043 558449 283250 2953242 2276540 2000 599503 200000 2678043 2083152 193388 2276540 2443058 2000 -361906 2083152 2034629 108500 299929 2443058 0.08772 0.91227 0 0 47394 30653 16741 191756 185256 6500 23241 4586942 F NATURAL RESOURCES & COMMODITY 183465 F 4770407 OPERATING LEASE LIABILITY 28307 28307 X 7576749 8228179 8228179 -651430 210211 210211 -441219 2796620 0 2796620 210211 210211 3006831 PART V, LINE 4: PROVIDES GRANTS FOR COURSES IN CHRISTIAN SCIENCE NURSING AND UNDERGRADUATE DEGREE PROGRAMS. PART X, LINE 2: ABF HAS APPLIED THE ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. 1 EUROPE 0 0 GRANT MAKING POST-SECONDARY/NURSING EDUCATION 34575 SUB-SAHARAN AFRICA 0 2 GRANT MAKING POST-SECONDARY & VOCATIONAL EDUCATION 245921 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS INVESTMENTS:ALTERNATIVE INVESTMENTS:HCP PRIVATE EQUITY FUND 152497 0 2 0 0 0 2 432993 0 432993 NEED BASED EDUCATION GRANTS-NURSING EUROPE 15 25900 WIRE TRANSFER NEED BASED POSTSECONDARY/VOCATIONAL SUB-SAHARAN AFRICA 209 169694 WIRE TRANSFER NEED BASED POSTSECONDARY/VOCATIONAL EUROPE 2 8675 WIRE TRANSFER 0 0 0 0 1 0 PART I, LINE 2: USE OF GRANTS IS CONTROLLED BY MAKING FUNDS PAYABLE DIRECTLY TO UNIVERSITIES, COLLEGES, OR OTHER EDUCATIONAL INSTITUTIONS, FOR BENEFIT OF THE AWARD RECIPIENT. THE SCHOOLS CONTACT US TO REFUND AWARD IF STUDENT WITHDRAWS. WE ALSO HAVE REGIONAL AGENTS AND VOLUNTEERS THAT INTERVIEW THE STUDENTS. PART I, LINE 3: THE ORGANIZATION PROVIDES ONLY CASH BASED ASSISTANCE AND EMPLOYS THE ACCRUAL METHOD OF ACCOUNTING FOR TRANSACTIONS. PART I, LINE 3F - INVESTMENTS AND EXPENDITURES PER REGION IN ADDITION TO $169,694 IN POST-SECONDARY EDUCATION GRANTS, EXPENDITURES IN SUB-SAHARAN AFRICA INCLUDE FEES PAID TO REGIONAL REPRESENTATIVES AND REIMBURSED COMMUNICATION AND TRAVEL COSTS AMOUNTING TO $76,227. EXPENDITURES IN EUROPE CONSIST OF $8,675 IN POST-SECONDARY EDUCATION GRANTS AND $25,900 IN CHRISTIAN SCIENCE NURSES TRAINING GRANTS. PART IV, LINE 5 - FOREIGN FORMS FORM 8865 FILING IS NOT REQUIRED. UNDER THE 2024 FORM 8865 INSTRUCTIONS, FILING APPLIES ONLY IF A U.S. PERSON FALLS INTO CATEGORY 1, 2, 3, OR 4. BASED ON THE FACTS, THE ABF DOES NOT MEET ANY OF THESE CATEGORIES. THE ALBERT BAKER FUND'S OWNERSHIP PERCENTAGE IN HCP PRIVATE EQUITY FUND, A FOREIGN LIMITED PARTNERSHIP, IS ONLY 4.36%. 1 NEED BASED CS NURSES ED GRANT 38 61300 NEED BASED POST SECONDARY GRANT 174 949424 NLC GRADUATE 4 17500 TRAVEL ASSISTANCE 38 17025 PART I, LINE 2: USE OF GRANTS IS CONTROLLED BY MAKING FUNDS PAYABLE TO UNIVERSITIES, COLLEGES, OR OTHER EDUCATIONAL INSTITUTIONS, FOR BENEFIT OF AWARD RECIPIENT. THE SCHOOLS CONTACT US TO REFUND THE AWARD IF A STUDENT WITHDRAWS. WE ALSO HAVE REGIONAL VOLUNTEERS THAT INTERVIEW STUDENTS. 1 X X X 0 0 0 0 0 0 0 0 0 JOSEPH RITTER CEO 220465 0 0 0 0 0 13228 0 38982 0 272675 0 0 0 SUE ELLEN COUGHTRY CHIEF ADVANCEMENT OFFICER 179822 0 0 0 0 0 10789 0 15503 0 206114 0 0 0 LIBBY SCHEIERN SCHOLARSHIP MGR. 142223 0 0 0 0 0 8533 0 11485 0 162241 0 0 0 X 2 221118 FMV ON DATE OF RECEIPT 0 1 1 PART I, LINE 32B: INVESTMENT MANAGER IS INSTRUCTED TO SELL DONATIONS OF SECURITIES WHEN RECEIVED. FORM 990, PART III, LINE 3 ABF DISCONTINUED ADMINISTERING THE GRANTS FOR GRADUATES OF THE NATIONAL LEADERSHIP COUNCIL PROGRAM IN 2024. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B 30 DAYS PRIOR TO FILING DEADLINE OR PRIOR TO THE LAST ABF SCHEDULED BOARD MEETING THAT OCCURS BEFORE THE FILING DEADLINE, THE DRAFT THAT HAS BEEN REVIEWED BY THE CEO SHALL BE REVIEWED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE WILL PREPARE COMMENTS AND SUBMIT TO BOARD, ALONG WITH 990, AT THE MEETING OCCURING PRIOR TO THE DEADLINE, FOR THE FULL BOARD TO THEN EITHER APPROVE THE LATEST DRAFT FOR FILING OR APPROVE IT SUBJECT TO CONDITIONS. FORM 990, PART VI, SECTION B, LINE 12C MANAGER OF ADMINISTRATION COLLECTS ANNUAL WRITTEN CONFLICT OF INTEREST STATEMENTS FROM TRUSTEES AND EMPLOYEES AND ANY DISCLOSURES ARE REPORTED TO THE BOARD AND ARE THEN SUBJECT TO PROCEEDINGS DESCRIBED IN THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION COMMITTEE USES INDEPENDENT BENCHMARKING STUDIES TO VERIFY THAT CEO ANNUAL SALARY IS WITHIN A REASONABLE PERCENTILE RELATIVE TO COMPARABLE ORGANIZATIONS. KEY EMPLOEES, SAME PROCESS AS ABOVE. THIS WAS LAST DONE IN 2026. FORM 990, PART VI, SECTION C, LINE 19 FORMS 990 & AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATIONS WEBSITE. OTHER GOVERNING DOCUMENTS AND FORMS 990T ARE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE ORGANIZATIONS WEBSITE. FORM 990, PART XII, LINE 2C THE PROCESSES FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.