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    <ReturnTs>2026-09-11T11:12:46-04:00</ReturnTs>
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      <PhoneNum>8045139057</PhoneNum>
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      <PersonNm>David Baker</PersonNm>
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      <SignatureDt>2026-09-11</SignatureDt>
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        <ContributingManagerNm>David Baker</ContributingManagerNm>
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            <BusinessNameLine1Txt>Endowing People Inc</BusinessNameLine1Txt>
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          <GrantOrContributionPurposeTxt>General support of financial literacy education programs</GrantOrContributionPurposeTxt>
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        <IdentifierTxt>Reasonable Cause Explanation - Late Filing</IdentifierTxt>
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        <MediumExplanationTxt>REASONABLE CAUSE STATEMENT - FORM 990-PF, TAX YEAR ENDING DECEMBER 31, 2024. Baker Family Foundation, Inc., EIN 87-4016147. This statement is submitted under the regulations governing requests for abatement of the penalty under IRC section 6652(c) and is made under penalties of perjury. 1. Why this return is being filed now. The foundation prepared its 2024 Form 990-PF and mailed it to the IRS Ogden Service Center in April 2026 (USPS Priority Mail, delivered April 22-23, 2026), in the good-faith belief that a paper return was permitted. By Letter 2697C dated September 2, 2026, the IRS returned the paper return unprocessed because the Taxpayer First Act requires electronic filing, and stated that a complete return received within 10 days of the letter would avoid penalties. This electronically filed return is that resubmission, transmitted through an IRS-authorized e-file provider within the 10-day period. 2. Why the return was not filed by the original due date and why no extension was requested. The foundation is a small grant-making private foundation with no employees and one volunteer officer, who also serves as a half-time stated clerk for a church judicatory. The 2024 return was overlooked through administrative oversight, not willful neglect. No Form 8868 was requested because the officer did not appreciate that the return was outstanding until the foundation's 2025 return was being prepared in spring 2026, at which point both years were prepared and mailed promptly. IRS correspondence for the foundation had also been routed to the office of its registered agent rather than to the officer, which delayed the foundation's awareness of notices. 3. Ordinary business care and prudence. The foundation's prior returns (2021, 2022 and 2023) were prepared and electronically filed by a professional preparer. The foundation kept complete bank records, and this return has been reconciled to every monthly statement for the year. The foundation has no net investment income and no tax liability for 2024; the government has suffered no loss of revenue. 4. Steps taken to prevent recurrence. The foundation now files electronically through an IRS-authorized provider, has changed its mailing address so IRS notices reach the officer directly, has calendared the May 15 due date, and intends to request an extension on Form 8868 in any year the return cannot be completed by the due date. The foundation respectfully requests that any penalty for late filing be abated for reasonable cause. Under penalties of perjury, I declare that I have examined this statement and, to the best of my knowledge and belief, it is true, correct, and complete. David M. Baker, President, Baker Family Foundation, Inc.</MediumExplanationTxt>
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      <ExplanationTxt>REASONABLE CAUSE STATEMENT - FORM 990-PF, TAX YEAR ENDING DECEMBER 31, 2024. Baker Family Foundation, Inc., EIN 87-4016147. This statement is submitted under the regulations governing requests for abatement of the penalty under IRC section 6652(c) and is made under penalties of perjury. 1. Why this return is being filed now. The foundation prepared its 2024 Form 990-PF and mailed it to the IRS Ogden Service Center in April 2026 (USPS Priority Mail, delivered April 22-23, 2026), in the good-faith belief that a paper return was permitted. By Letter 2697C dated September 2, 2026, the IRS returned the paper return unprocessed because the Taxpayer First Act requires electronic filing, and stated that a complete return received within 10 days of the letter would avoid penalties. This electronically filed return is that resubmission, transmitted through an IRS-authorized e-file provider within the 10-day period. 2. Why the return was not filed by the original due date and why no extension was requested. The foundation is a small grant-making private foundation with no employees and one volunteer officer, who also serves as a half-time stated clerk for a church judicatory. The 2024 return was overlooked through administrative oversight, not willful neglect. No Form 8868 was requested because the officer did not appreciate that the return was outstanding until the foundation's 2025 return was being prepared in spring 2026, at which point both years were prepared and mailed promptly. IRS correspondence for the foundation had also been routed to the office of its registered agent rather than to the officer, which delayed the foundation's awareness of notices. 3. Ordinary business care and prudence. The foundation's prior returns (2021, 2022 and 2023) were prepared and electronically filed by a professional preparer. The foundation kept complete bank records, and this return has been reconciled to every monthly statement for the year. The foundation has no net investment income and no tax liability for 2024; the government has suffered no loss of revenue. 4. Steps taken to prevent recurrence. The foundation now files electronically through an IRS-authorized provider, has changed its mailing address so IRS notices reach the officer directly, has calendared the May 15 due date, and intends to request an extension on Form 8868 in any year the return cannot be completed by the due date. The foundation respectfully requests that any penalty for late filing be abated for reasonable cause. Under penalties of perjury, I declare that I have examined this statement and, to the best of my knowledge and belief, it is true, correct, and complete. David M. Baker, President, Baker Family Foundation, Inc.</ExplanationTxt>
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