Bainum Family Foundation

Bainum Family Foundation

The Bainum Family Foundation was established in 1968 by Stewart Bainum Sr. and Jane Bainum. Their wealth originated in hospitality through Choice Hotels and in healthcare through HCR ManorCare. Stewart Bainum Jr. continues to shape family governance as chairman of Choice Hotels and through separate vehicles including White Oak Enterprises. The foundation allocates 63 percent of assets to private equity and maintains additional exposure to venture capital and growth equity. Confirmed holdings include limited partner positions in Tiger Global Private Investment Partners XII, Trustbridge Partners VI, Mendoza Ventures Fund III, and Yosemite. Direct holdings encompass Artis Senior Living, Sunburst Hospitality Corporation properties, and The Baltimore Banner. Capital deploys across the United States with one China-focused fund commitment. The organization employs 53 professionals and operates offices in Washington, DC and Bethesda, Maryland. White Oak Enterprises serves as the family's adjacent holding company in Fulton, Maryland. In September 2025 CEO David Daniels appeared as a panelist at the Maryland Philanthropy Network Annual Member Gathering. The foundation also maintains membership in the Giving Pledge and the Council on Foundations. Governance separates the philanthropic entity from the family's operating businesses through White Oak Enterprises as the primary ownership vehicle. This structure allows the foundation to pursue mission-aligned grants while the holding company manages commercial assets including senior living and hospitality portfolios.