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Nonprofit · EIN 52-1907725

FOUNDATION FOR THE GREATEST GOOD

Also known as BAINUM STEWART JR TTEE

Tax-exempt · FULTON, MD 20759

Financials

$2.2M$971K2023$2.9M$291K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR THE GREATEST GOOD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,895,272$291,270$2,604,002$7,771,979$4,940$7,767,039
December 31, 2023990-PF$2,158,974$970,806$1,188,168$5,173,143$3,398$5,169,745
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,638,000
Dividends
$199,857
Interest
$60,892
Net gain from sales of assets
-$2,937
Other income
-$540

Expenses

Grants and similar amounts paid
$265,466
Disbursements for charitable purposes
$276,444
Excise tax on investment income
$3,411

Balance sheet and other

Total assets, start of year
$5,173,143
Total assets, end of year
$7,771,979
Total liabilities, end of year
$4,940
Net assets, end of year
$7,767,039
Fair market value of assets
$7,771,979
Qualifying distributions
$276,444
Net investment income
$260,209

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Stewart Bainum Jr
8171 Maple Lawn BlvdSte 375, Fulton, MD 20759
Trustee0.25$0
Christine A Shreve
8171 Maple Lawn BlvdSte 375, Fulton, MD 20759
Trustee0.25$0
Mary C Acker
8171 Maple Lawn Blvd Ste 375, Fulton, MD 20759
Sec./Treas.0.25$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Stewart Bainum Jr
8171 Maple Lawn BlvdSte 375, Fulton, MD 20759
Trustee0.25$0
Christine A Shreve
8171 Maple Lawn BlvdSte 375, Fulton, MD 20759
Trustee0.25$0
Mary C Acker
8171 Maple Lawn Blvd Ste 375, Fulton, MD 20759
Sec./Treas.0.25$0

Address and contacts

Address (IRS master file)
8171 MAPLE LAWN BOULEVARD, FULTON, MD 20759-2519
In care of
% SHREVE BOWERSOX PC
Signed the 990-PF
Mary C Acker, Secretary
Phone
(240) 295-1612
Return prepared by
WHITE OAK RESOURCES LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
52-1907725
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1995
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,771,979
Income (IRS master file)
$4,359,830

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,895,272$291,270$7,771,979XML
990-PFDecember 2023$2,158,974$970,806$5,173,143XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1907725).

Questions about FOUNDATION FOR THE GREATEST GOOD

What is the EIN of FOUNDATION FOR THE GREATEST GOOD?
The employer identification number (EIN) of FOUNDATION FOR THE GREATEST GOOD is 52-1907725.
Is FOUNDATION FOR THE GREATEST GOOD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to FOUNDATION FOR THE GREATEST GOOD tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FOUNDATION FOR THE GREATEST GOOD file?
Form 990-PF. Private foundations file every year.
When is the next return of FOUNDATION FOR THE GREATEST GOOD due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR THE GREATEST GOOD last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of FOUNDATION FOR THE GREATEST GOOD?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR THE GREATEST GOOD have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,895,272, expenses of $291,270 and total assets of $7,771,979 at year end.

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