Babich Family Foundation
Babich Family Foundation is a private foundation, 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.
Babich Family Foundation at a glance
In short: Babich Family Foundation gave $269K across 5 grants in 2021 (avg $54K), mostly in California. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $268,500
- -80.5% vs 2020
- Grants made (2021)
- 5
- -79.2% vs 2020
- Average grant
- $53,700
- -6.2% vs 2020
- Median grant
- $10,000
- Total assets
- $39,008
- -85.8% vs 2020
- Primary geography
- California (91% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Babich Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2021
The largest 2021 recipient was RUNX1 Foundation ($224K). Together the top 5 received $269K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 26 grants of 29 (90%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 5 itemized grants.
Cities
How Babich Family Foundation gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $269K (2021) to $1.4M (2020). In 2021 it made 5 grants totaling $269K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| RUNX1 Foundation Santa Barbara, CA | Medical Awareness and Research | $223,500 |
| University of Pennsylvania Philadelphia, PA | Educational Support | $25,000 |
| University of CA Santa Barbara Santa Barbara, CA | Educational and Community Support | $10,000 |
| Crane County Day School Santa Barbara, CA | Educational Support | $5,000 |
| Vedanta Society of CA Trabuco Canyon, CA | Program Services | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | $39,008 | $50,077 | $284,962 | $268,500 | 5 | $281,045 | — | $7,327 |
| 2020 | $273,893 | $1,105,055 | $1,379,490 | $1,374,054 | 24 | — | $1,695 | $18,111 |
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.
Leadership & Key People
Officers and directors from IRS filings
Babich Family Foundation is led by Timothy Babich, Director President since 2021 (on filings since 2020); none of the 2 officers listed in 2021 report compensation.
Officers on the 2021 filing
Timothy Babich
Director President
Director & President → Director President, 2021
On filings since 2020
2 hrs/week
No compensation reported
Monica Babich
Director Secretary Treasurer
Director, Secretary & Treasurer → Director Secretary Treasurer, 2021
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "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 Babich Family Foundation
How much does Babich Family Foundation give each year?
Babich Family Foundation gave $269K across 5 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $1.4M across 24 grants.
What is Babich Family Foundation's typical grant size?
Babich Family Foundation's median grant in 2021 was $10,000, and its average grant was $53,700, across 5 grants on its 2021 IRS Form 990-PF.
Where does Babich Family Foundation give grants?
Babich Family Foundation gives mostly in California: 91% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (9%). The most frequent recipient cities were Santa Barbara, CA (3 grants).
Does Babich Family Foundation give general operating support?
Not in 2021: none of the 5 grants with a stated purpose on Babich Family Foundation's 2021 IRS Form 990-PF were described as general or operating support.
Who are Babich Family Foundation's largest grantees?
Babich Family Foundation's largest 2021 grantees include RUNX1 Foundation ($223,500), University of Pennsylvania ($25,000) and University of CA Santa Barbara ($10,000), according to its 2021 IRS Form 990-PF. Together they received 96% of its itemized 2021 grant dollars.
How large is Babich Family Foundation?
Babich Family Foundation reported $39K in total assets on its 2021 IRS Form 990-PF. It paid out $281K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
Live grants for the work Babich Family Foundation funds
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