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.
Key facts about Babc Inc
In short: Babc Inc gave $8K across 1 grant in 2025 (avg $8K), mostly in South Carolina. Source: 2025 IRS Form 990-PF.
- EIN
- 85-2848049
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $7,500
- Grants made (2025)
- 1
- Average grant
- $7,500
- Median grant
- $7,500
- Total assets
- $6,019
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6K
-36.2% YoY
Annual Giving
$8K
Grant Count
1
Avg Grant Size
$8K
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FOSTERING HOPE Conway, SC | CHARITABLE SUPPORT TO 501(C)(3) ORGA | $7,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $6,019 | $9,436 | $3,353 |
| Revenue | $4,500 | $6,500 | $6,000 |
| Expenses | $7,917 | $417 | $8,215 |
| Qualifying Distributions | $7,500 | — | $7,500 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
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
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.
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