Babc Inc
Babc Inc is a private foundation focused on Human Services, based in Myrtle Beach, SC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $6K in total assets. In 2025, it awarded 1 grant totaling $8K.
Babc Inc at a glance
In short: Babc Inc gave $8K across 1 grant in 2025 (avg $8K), mostly in South Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $7,500
- Grants made (2025)
- 1
- Average grant
- $7,500
- Median grant
- $7,500
- Total assets
- $6,019
- -36.2% vs 2024
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Babc Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Fostering Hope ($8K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $8K (2023) to $8K (2025). In 2025 it made 1 grant totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fostering Hope Conway, SC | Charitable Support to 501(C)(3) Orga | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $6,019 | $4,500 | $7,917 | $7,500 | 1 | $7,500 | — |
| 2024 | $9,436 | $6,500 | $417 | — | — | — | — |
| 2023 | $3,353 | $6,000 | $8,215 | $7,500 | 1 | $7,500 | — |
| 2022 | $5,568 | $6,500 | $933 | — | — | — | $261 |
| 2021 | $1 | $1 | — | — | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
Babc Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Murray Thomas Gore
Director
On filings since 2021
No compensation reported
Joseph B. Kennedy
Vice President
On filings since 2021
No compensation reported
Mike Morgan
Secretary
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Babc Inc
How much does Babc Inc give each year?
Babc Inc gave $8K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Babc Inc?
Babc Inc reported $6K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $5K.
What is Babc Inc?
Babc Inc is a private foundation focused on Human Services, based in Myrtle Beach, SC. It holds $6K in total assets as of 2025.
Where does Babc Inc operate?
Babc Inc has awarded grants in South Carolina.
What is Babc Inc's EIN?
Babc Inc's EIN (Employer Identification Number) is 85-2848049. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 22, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 6, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Babc Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Babc Inc's focus areas in our free grants database
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Figures come from Babc Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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