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Education : Scholarship and Financial Support

The Albert Baker Fund

Educating Christian Scientists, blessing the world

two stars

78.50

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 78.50 two stars
  Financial 69.60 one star
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2018 and includes data from FY2016, 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.

Results Information

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Financial

one star

69.60

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2018 and includes data from FY2016, 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)
66.8%
  Administrative Expenses 22.1%
  Fundraising Expenses 11.0%
  Fundraising Efficiency $0.51
  Working Capital Ratio (years) 13.09
  Program Expenses Growth 2.3%
  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) 78.50 two stars
Horatio Alger Association of Distinguished Americans (VA) 92.38 four stars
ACE Scholarships (CO) 96.35 four stars
Daniel Murphy Scholarship Fund (IL) 87.82 three stars
Arizona Private Education Scholarship Fund (AZ) 94.74 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $407,408
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $407,408
   Program Service Revenue $34,489
Total Primary Revenue $441,897
   Other Revenue $-513,307
TOTAL REVENUE $-71,410
   
EXPENSES  
   Program Expenses $1,587,327
   Administrative Expenses $582,719
   Fundraising Expenses $290,910
TOTAL FUNCTIONAL EXPENSES $2,460,956
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-2,532,366
   
Net Assets $32,988,914

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 $472,288 29.8%
Scholarships & Grants $470,322 29.6%
Career Alliance $244,150 15.4%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2016
  • September, 2015
  • September, 2014
  • September, 2013
  • September, 2012

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

Compensation % of Expenses Paid to Title
$154,684 6.28% Alan Bashor Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
The Albert Baker Fund (CA) 78.50 two stars
The BISON Children's Scholarship Fund (NY) 95.03 four stars
Children of Fallen Patriots Foundation (VA) 88.95 three stars
Step Up For Students (FL) 98.23 four stars
Futures in Education (NY) 88.22 three stars

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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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