Babich Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $39K in total assets. In 2021, it awarded 5 grants totaling $269K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$39K
-85.8% YoY
Annual Giving
$269K
-80.5% YoY
Grant Count
5
-79.2% YoY
Avg Grant Size
$54K
-6.2% YoY
Under IRS private-foundation payout rules, Babich Family Foundation reported a distributable amount of $7K for 2021 — the minimum it must pay out in qualifying distributions.
About Babich Family Foundation
Based on IRS filings
Babich Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $39K in total assets. In 2021, it awarded 5 grants totaling $269K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | $39,008 | $273,893 |
| Revenue | $50,077 | $1,105,055 |
| Expenses | $284,962 | $1,379,490 |
| Qualifying Distributions | $281,045 | — |
| Net Investment Income | — | $1,695 |
| Distributable Amount | $7,327 | $18,111 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2021
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include RUNX1 Foundation ($223,500), University of Pennsylvania ($25,000), University of CA Santa Barbara ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Crane County Day School Santa Barbara, CA | Educational Support | $5,000 |
| RUNX1 Foundation Santa Barbara, CA | Medical Awareness and Research | $223,500 |
| University of CA Santa Barbara Santa Barbara, CA | Educational and Community Support | $10,000 |
| University of Pennsylvania Philadelphia, PA | Educational Support | $25,000 |
| Vedanta Society of CA Trabuco Canyon, CA | Program Services | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Timothy Babich | Director President | 2 | — |
| Monica Babich | Director Secretary Treasure | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Babich Family Foundation?
Babich Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. It holds $39K in total assets as of 2021.
How large is Babich Family Foundation?
As of 2021, Babich Family Foundation holds $39K in total assets with $50K in annual revenue. It awarded 5 grants totaling $269K in 2021.
Where does Babich Family Foundation operate?
Babich Family Foundation has awarded grants in California, Illinois, Massachusetts, New York, Pennsylvania, Virginia.
What size grants does Babich Family Foundation award?
In 2021, Babich Family Foundation awarded 5 grants totaling $269K — an average of about $54K per grant, based on its IRS Form 990 filings.
How much is Babich Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Babich Family Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Babich Family Foundation's EIN?
Babich Family Foundation's EIN (Employer Identification Number) is 81-0818826. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Babich Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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