Babson Historical Association Inc
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.
Ready to take the next step with Babson Historical Association Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2025 recipient was Sawyer Free Library ($13K). Together the top 3 received $15K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 14 grants of 14 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sawyer Free Library Gloucester, MA | Library and Archive Functions | $12,500 |
| Proprietors of Oak Grove Gloucester, MA | Repair of Grounds | $1,500 |
| Sandy Bay Historical Society Rockport, MA | Maintenance of Historical Objects | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- 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.
Here's the math on researching Babson Historical Association Inc by hand.
Explore Open Grants
Browse active grant opportunities in Babson Historical Association Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Institution for Savings in Newburyport
Newburyport, MA
The Institution for Savings Charitable Foundation supports 501(c)(3) organizations with program, operating, capital campaign, and event-sponsorship requests; its 2025 grants ranged from $500 to $250,000, with a median of $2,500. It primarily funds communities in and around Newburyport, Massachusetts, including nearby North Shore towns. It accepts requests through an online application process, with deadlines on the first Friday of March, June, September, and December.
Assets
$15.1M
Grants
339
Total Given
$2.4M
Essex County Community Foundation Inc
Beverly, MA
ECCF funds nonprofits working on needs including essential services, youth education, veterans, digital equity, women and girls, and community response, primarily in Essex County, Massachusetts. Its 2025 grants had a median of $16,000, while specific programs list awards of $5,000–$10,000 or up to $40,000. It offers competitive application programs, but whether it accepts unsolicited requests is not stated.
Assets
$150.5M
Grants
302
Total Given
$13.0M
Capraro Family Foundation
Oak Brook, IL
Assets
$4.0M
Grants
4
Total Given
$30K
James P & Ruth C Gillroy
White Plains, NY
Assets
$1.3M
Grants
1
Total Given
$85K
Ewing Marion Kauffman Foundation
Kansas City, MO
The Ewing Marion Kauffman Foundation funds college access and completion, workforce and career development, and entrepreneurship, with an emphasis on economic mobility and equitable opportunity in the Kansas City region. Its 2024 median grant was $75,000, though awards vary widely by program; the profile does not state whether it accepts unsolicited requests.
Assets
$2.5B
Grants
364
Total Given
$95.0M
Santander Consumer USA Inc Foundation
Dallas, TX
Santander Consumer USA Inc. Foundation funds education and workforce preparation, financial and economic mobility, transportation access, sustainability and crisis recovery, and social and racial equity, particularly for underserved communities. Its 2025 grants ranged from $25,000 to $2,549,936, with a median of $115,000, supporting communities where Santander Consumer USA or its employees are present, primarily in Texas. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$664K
Grants
45
Total Given
$11.9M
Ernst & Young Foundation
New York, NY
The Ernst & Young Foundation primarily supports higher education and preparation for business careers, with additional grants for educational projects, social justice, and disaster relief. Its 2025 grants ranged from $5,056 to $316,005, with a median of $13,525, and went to organizations across the United States.
Assets
$47.6M
Grants
637
Total Given
$16.7M
Medina Family Foundation Inc
Miami, FL
The foundation supports educational, medical, charitable, and youth-development activities, with nearly all 2024 grant funding going to organizations in Florida. Its 15 grants ranged from $600 to $150,000, with a median of $10,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$9K
Grants
15
Total Given
$346K
Robert L Epstein Family Foundation
Boston, MA
The foundation supports universities and student success, Jewish life and education, performing arts, healthcare, children, and cultural organizations. In 2024, grants ranged from $500 to $163,000, with a median of $12,500; most funding went to Massachusetts, followed by Florida and Connecticut. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$713K
Grants
18
Total Given
$502K
Oscar Miller Family Private Foundation
Newton, MA
The Oscar Miller Family Private Foundation supports education, rehabilitation, and religious organizations, with most of its 2024 giving going to Massachusetts and the remainder to Maine. Its 14 grants totaled $231,500, ranging from $100 to $145,000, with a median of $3,250. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$216K
Grants
14
Total Given
$232K
NIA Tero Foundation
Seattle, WA
Nia Tero supports Indigenous Peoples and trusted allies working to protect ancestral lands and waters, strengthen self-governance and rights, and advance Indigenous-led conservation, advocacy and storytelling. Its 2024 grants ranged from $10,000 to $644,000, with a median of $80,000; its stated regional focus includes Africa, Amazonia, the Pasifik and North America. The profile does not state whether it accepts unsolicited requests.
Assets
$80.6M
Grants
25
Total Given
$4.0M
More Funders in Massachusetts
Babson Historical Association Inc down — hundreds of funders to go?