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.
Babson Historical Association Inc at a glance
In short: Babson Historical Association Inc gave $15K across 3 grants in 2025 (avg $5K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $15,000
- -55.2% vs 2024
- Grants made (2025)
- 3
- -25.0% vs 2024
- Average grant
- $5,000
- -40.3% vs 2024
- Median grant
- $1,500
- Total assets
- $431,675
- +0.9% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Babson Historical Association Inc funds
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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
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.
Giving History
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.
Grants by year
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 |
Ready to take the next step with Babson Historical Association Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $431,675 | $44,786 | $41,257 | $15,000 | 3 | $34,997 | $16,312 | $55,525 |
| 2024 | $427,785 | $67,655 | $75,836 | $33,500 | 4 | $68,439 | $28,125 | $52,759 |
| 2023 | $452,531 | $66,506 | $55,033 | $3,500 | 4 | $47,390 | $58,737 | $49,481 |
| 2022 | $445,492 | $46,502 | $39,685 | $2,500 | 3 | $32,483 | $39,254 | $55,184 |
| 2021 | $450,088 | $46,224 | $29,109 | — | — | — | $40,112 | $49,921 |
| 2020 | $447,973 | $29,086 | $41,277 | $15,000 | 4 | — | $19,115 | $43,877 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Other open foundation grants in Massachusetts
Massachusetts Open opportunities, soonest deadline first.
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 Foundation funds charitable organizations for events, capital campaigns, programs, and operating support, including work in food access, housing, health, family support, and education. Its 2025 grants ranged from $500 to $250,000, with a median of $2,500, primarily benefiting Newburyport and nearby North Shore communities in Massachusetts. It accepts applications through its online GrantsConnect system and does not restrict giving to preselected organizations.
Assets
$15.1M
Grants
339
Total Given
$2.4M
Essex County Community Foundation Inc
Beverly, MA
Essex County Community Foundation supports nonprofits addressing needs and opportunities in areas such as youth education, essential needs, veterans, women and girls, community response, and digital equity. Its 2025 grants had a median of $16,000, with awards ranging from $5,100 to $576,250, and it primarily serves Essex County, Massachusetts. It accepts applications for specific competitive grant programs through an online process; one listed program is invitation-only.
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 foundation funds college access and completion, workforce and career development, entrepreneurship, and related efforts to improve economic mobility, with a primary focus on Kansas City and support for regional and national work. Its 2024 grants had a median of $75,000; it accepts requests through its online portal and says it does not limit giving to preselected organizations.
Assets
$2.5B
Grants
364
Total Given
$95.0M
Santander Consumer USA Inc Foundation
Dallas, TX
The foundation funds education and workforce readiness, transportation access, financial empowerment, and environmental, crisis, and resiliency needs, especially in underserved communities where Santander Consumer USA or its employees are present. Its 2025 grants ranged from $25,000 to $2.55 million, with a median of $115,000. It funds preselected charitable organizations and does not accept unsolicited requests.
Assets
$664K
Grants
45
Total Given
$11.9M
More similar funders
More Funders in Massachusetts
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Babson Historical Association Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Babson Historical Association Inc down — hundreds of funders to go?