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Education : Scholarship and Financial Support

The Albert Baker Fund

Educating Christian Scientists, blessing the world

two stars

76.36

1510 J Street Suite 150
Sacramento, CA 95814
tel: (800) 269-0388   Web Site
EIN: 94-1613751

Board Leadership
Daniel Herbert
Chair

CEO
Alan Bashor
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 76.36 two stars
  Financial 68.43 one star
  Accountability & Transparency 89.00 three stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Albert Baker Fund serves the Cause of Christian Science and mankind by providing resources for the education of Christian Scientists. The Fund was started in 1964 by Christian Scientists living in Boston, Massachusetts, and in Northern California. They created a fund which provided low-cost loans for American college students. Each student was expected to repay the loan over 10 years, replenishing the fund for future generations. They named the fund after Albert Baker, the older brother of Mary Baker Eddy, who is credited with shepherding her education. In addition to college, graduate, and vocational education, we also fund Christian Science nurses training, youth leadership activities such as DiscoveryBound's National Leadership Council for high school students, and scholarships for summer interns working at The Mother Church.

The Albert Baker Fund serves the Cause of Christian Science and mankind by providing resources for the education of Christian Scientists. The Fund was started in 1964 by Christian Scientists living in Boston, Massachusetts, and in Northern California. They created a fund which provided low-cost loans for American college students. Each student was expected to repay the loan over 10 years, replenishing the fund for future generations. They named the fund after Albert Baker, the older brother of Mary Baker Eddy, who is credited with shepherding her education. In addition to college, graduate, and vocational education, we also fund Christian Science nurses training, youth leadership activities such as DiscoveryBound's National Leadership Council for high school students, and scholarships for summer interns working at The Mother Church.

Impact Information

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Financial

one star

68.43

Accountability & Transparency

three stars

89.00

This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
63.9%
  Administrative Expenses 24.6%
  Fundraising Expenses 11.3%
  Fundraising Efficiency $0.73
  Working Capital Ratio (years) 14.23
  Program Expenses Growth 2.0%
  Liabilities to Assets 0.1%
All data for Financial Performance Metrics calculations was provided by The Albert Baker Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Albert Baker Fund on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Albert Baker Fund (CA) 76.36 two stars
Southern Scholarship Foundation (FL) 94.17 four stars
Take Stock in Children Palm Beach County (FL) 91.59 four stars
Evans Scholars Foundation (IL) 90.98 four stars
Columbus Citizens Foundation (NY) 85.39 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $426,510
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $426,510
   Program Service Revenue $33,165
Total Primary Revenue $459,675
   Other Revenue $2,046,199
TOTAL REVENUE $2,505,874
   
EXPENSES  
   Program Expenses $1,650,366
   Administrative Expenses $646,872
   Fundraising Expenses $287,124
TOTAL FUNCTIONAL EXPENSES $2,584,362
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-78,488
   
Net Assets $35,872,390

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Post Secondary Grants $473,771 28.7%
Scholarships & Grants to International Students $419,036 25.4%
Career Alliance $293,818 17.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-09 08/01/2019 76.36 two stars
2017-09 09/01/2018 76.38 two stars
2016-09 03/01/2018 78.50 two stars
2015-09 04/01/2017 81.84 three stars
2014-09 06/01/2016 77.32 two stars
 
CN 2.0
2014-09 12/22/2015 81.86 three stars
2013-09 04/01/2015 78.82 two stars
2012-09 09/01/2014 72.60 two stars
2012-09 03/01/2014 72.16 two stars
2011-09 11/06/2012 86.74 three stars
2010-09 09/01/2012 91.42 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 94-1613751
Name in IRS Master File THE ALBERT BAKER FUND
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (40) Scholarships (other)
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1966
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$161,302 6.24% Alan Bashor CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Albert Baker Fund (CA) 76.36 two stars
Thurgood Marshall College Fund (DC) 92.15 four stars
Columbus Citizens Foundation (NY) 85.39 three stars
Arizona Private Education Scholarship Fund (AZ) 88.81 three stars
Catholic Schools Foundation (MA) 91.50 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Albert Baker Fund
1510 J Street
Suite 150
Sacramento, CA 95814
tel: (800) 269-0388
fax: (916) 594-9602
EIN: 94-1613751

Visit Web Site

Board Leadership

Daniel Herbert
Chair

CEO

Alan Bashor
Chief Executive Officer

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