Mission
The Organizations principal activity is the promotion of social welfare through the provision of strategic and financial support to other organizations that support the organizations mission and are exempt under IRC 501(c)(3) or 501 (c)(4).
Public Charity
Fund for the Common Good
Based in Fulton, MD, Fund for the Common Good operates as a Public Charity. The organization reported $962K in revenue, $11.1M in expenses, $5.7M in total assets for fiscal year 2024. Imperigo tracks 8 reported grants from this foundation totaling approximately $28.6M.
EIN: 843726722
Fulton, MD
Latest filing: 2024
Total Revenue$962K
Total Expenses$11.1M
Total Assets$5.7M
Grants Given8
Grant Total$28.6M
Filing Years2020–2024
Sample Grants Given
Support local journalism
$11,000,000
Promote democratic leadership
$100,000
Support Local Journalism
$13,000,000
Support Local Journalism
$3,800,000
PROMOTING ECONOMIC GROWTH AND OPPORTUNITY, SOCIAL JUSTICE, ENVIRONMENTAL STEWARDSHIP, AND DEMOCROCY IN THE UNITED STATES OF AMERICA.
$250,000
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
Director
Bradford Bainum
Assistant Secretary
David J Korotkin
Secretary/Treasurer
Mary C Acker
Director
Matthew Bainum
Director
Sandra Bainum
President and Director
Stewart Bainum Jr
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $962K | $11.1M | $5.7M |
| 2023 | $1.4M | $13.1M | $15.9M |
| 2022 | $-506K | $3.9M | $27.4M |
| 2020 | $31.5M | $674K | $32.6M |
Between 2020 and 2024, reported annual revenue declined from $31.5M to $962K (-97%), with total assets most recently reported at $5.7M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in DC, MD.
DCMD
Full geographic grant map with state-by-state breakdown available with membership.