Babson Historical Association Inc

Private foundation · Grantmaker Gloucester, MA EIN: 04-2347130

Babson Historical Association Inc is a private foundation, based in Gloucester, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $432K in total assets. In 2025, it awarded 3 grants totaling $15K. Net investment income was $16K.

Key facts about Babson Historical Association Inc

In short: Babson Historical Association Inc gave $15K across 3 grants in 2025 (avg $5K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
04-2347130
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$15,000
Grants made (2025)
3
Average grant
$5,000
Median grant
$1,500
Total assets
$431,675
Primary geography
Massachusetts (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

$432K

+0.9% YoY

Annual Giving

$15K

-55.2% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$5K

-40.3% YoY

Under IRS private-foundation payout rules, Babson Historical Association Inc reported a distributable amount of $56K for 2025 — the minimum it must pay out in qualifying distributions.

How Babson Historical Association Inc gives

  • Giving grew 500% from 2022 to 2025. Method
  • In 2025 it paid out 63% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

Cities

GloucesterRockportBabson Park

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K4 grants2020 0 grants2021 3 grants2022 4 grants2023 4 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $3K (2022) to $34K (2024). In 2025 it made 3 grants totaling $15K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Sawyer Free Library: $13KSawyer Free Library$13KProprietors of Oak Grove: $2KProprietors of Oak Grove$2KSandy Bay Historical Society: $1KSandy Bay Historical Society$1K

The largest 2025 recipient was Sawyer Free Library ($13K). Together the top 3 received $15K.

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 14 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sawyer Free Library Gloucester, MALibrary and Archive Functions$12,500
Proprietors of Oak Grove Gloucester, MARepair of Grounds$1,500
Sandy Bay Historical Society Rockport, MAMaintenance of Historical Objects$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$431,675$427,785$452,531
Revenue$44,786$67,655$66,506
Expenses$41,257$75,836$55,033
Qualifying Distributions$34,997$68,439$47,390
Net Investment Income$16,312$28,125$58,737
Distributable Amount$55,525$52,759$49,481

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Babson Historical Association Inc is led by Robert G. Babson, President on every filing since 2020; none of the 11 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Robert G. Babson

    President

    On filings since 2020

    No compensation reported

  • Andrew Nc Babson

    Trustee

    On filings since 2020

    No compensation reported

  • David L. Babson III

    Trustee

    On filings since 2020

    No compensation reported

  • Marcia B. Rogers

    Trustee

    On filings since 2020

    No compensation reported

  • Margaret C. Babson

    Trustee

    On filings since 2020

    No compensation reported

  • Kathleen Hanzeli

    Trustee

    New on the 2025 filing

    No compensation reported

  • Stephanie Babson

    Trustee

    New on the 2025 filing

    No compensation reported

  • Amanda L. Babson

    Secretary

    On filings since 2020

    No compensation reported

  • Katherine L. Babson Jr.

    Assistant Tr

    On filings since 2020

    No compensation reported

  • Mark R. Babson

    Vice President

    On filings since 2020

    No compensation reported

  • Matthew M. Babson

    Treasurer

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Anne B. Carter (2020–2024) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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 Babson Historical Association Inc

How much does Babson Historical Association Inc give each year?

Babson Historical Association Inc gave $15K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $34K across 4 grants.

What is Babson Historical Association Inc's typical grant size?

Babson Historical Association Inc's median grant in 2025 was $1,500, and its average grant was $5,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does Babson Historical Association Inc give grants?

Babson Historical Association Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Gloucester, MA (2 grants).

Does Babson Historical Association Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Babson Historical Association Inc's 2025 IRS Form 990-PF were described as general or operating support.

How large is Babson Historical Association Inc?

Babson Historical Association Inc reported $432K in total assets on its 2025 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $56K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Babson Historical Association Inc's EIN?

Babson Historical Association Inc's EIN (Employer Identification Number) is 04-2347130. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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