Arkansas · Private foundation
Baldor Electric Company Foundation Inc
Its FY2022 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
- $159k
- Granted FY2022
- 3
- Grants FY2022
- 2
- Organizations funded FY2022
- 50%
- First-time grantees FY2022
Read this first · the figures below need context
52% of Baldor Electric Company Foundation Inc’s FY2022 grant dollars went to United Way Worldwide, not to grantees.
Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2022 names 0 organizations directly, so a portfolio cannot be read from it.
Organizations named directly on the return
Amber years are those where most dollars went to a sponsor.
- Median grant, FY2022
- $56,000
- Largest grant, FY2022
- $82,900
- Organizations funded a year
- 2 to 3
- FY2021 to FY2022
- States reached, FY2022
- 3
- Total assets, FY2022
- $1.1M
- Applications
- Preselected organizations only
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2022, 50% of the organizations Baldor Electric Company Foundation Inc funded were first-time grantees, receiving 26% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2022 | 2 | $76k | 50% |
| FY2021 | 3 | $1.7M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2022.
Top grantees
Largest recipients by total granted, FY2021 to FY2022, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Dodge Industrial Foundation Inc | $1,487,439 | 1 | 98% |
Plus 3 recipients with no EIN on record ($259k), not named here.
Compare Baldor Electric Company Foundation Inc with peer funders
About Baldor Electric Company Foundation Inc
- How much does Baldor Electric Company Foundation Inc give?
- Baldor Electric Company Foundation Inc reported 3 grants totaling $158,900 in its FY2022 IRS filing. It funded between 2 and 3 organizations a year over FY2021 to FY2022.
- What does Baldor Electric Company Foundation Inc fund?
- By grant dollars over FY2021 to FY2022, its largest causes are Philanthropy (87%), Education (12%), Youth Development (1%).
- Who are Baldor Electric Company Foundation Inc's largest grantees?
- By total granted over FY2021 to FY2022: Dodge Industrial Foundation Inc ($1.5M).
- Does Baldor Electric Company Foundation Inc fund new organizations?
- In FY2022, 50% of the organizations it funded were first-time grantees.
- Does Baldor Electric Company Foundation Inc accept unsolicited applications?
- Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
- Where is Baldor Electric Company Foundation Inc based?
- Baldor Electric Company Foundation Inc is based in AR.
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