Education : Scholarship and Financial Support

The Albert Baker Fund

Educating Christian Scientists, blessing the world

three stars

85.23

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

Board Leadership
Daniel Herbert
Chair

CEO
Joe Ritter
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 85.23 three stars
  Financial 79.51 two stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/01/2020 and includes data from FY2019, 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

two stars

79.51

Accountability & Transparency

four stars

96.00

This rating was published 12/01/2020 and includes data from FY2019, 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)
65.8%
  Administrative Expenses 23.8%
  Fundraising Expenses 10.2%
  Fundraising Efficiency $0.49
  Working Capital Ratio (years) 11.99
  Program Expenses Growth 13.8%
  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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,000,500
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,000,500
   Program Service Revenue $34,692
Total Primary Revenue $1,035,192
   Other Revenue $1,273,408
TOTAL REVENUE $2,308,600
   
EXPENSES  
   Program Expenses $2,338,377
   Administrative Expenses $742,297
   Fundraising Expenses $301,777
TOTAL FUNCTIONAL EXPENSES $3,382,451
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,073,851
   
Net Assets $33,928,399

Charts

Compensation % of Expenses Paid to Title
$162,099 4.79% Alan Bashor CEO

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Albert Baker Fund (CA) 85.23 three stars
The Francis Ouimet Scholarship Fund (MA) 91.63 four stars
Page Education Foundation (MN) 91.60 four stars
Inner-City Scholarship Fund (NY) 87.48 three stars
Evans Scholars Foundation (IL) 90.98 four 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

Joe Ritter
Chief Executive Officer