Babson - Webber - Mustard Fund

BREWSTER, MA EIN: 04-2307820

Economically disadvantaged people Low-income people Human services

Babson - Webber - Mustard Fund is a private foundation focused on Economically disadvantaged people, based in BREWSTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 2 grants totaling $215K. Net investment income was $166K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.7M

-1.1% YoY

Annual Giving

$215K

+57.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$107K

+57.1% YoY

Under IRS private-foundation payout rules, Babson - Webber - Mustard Fund reported a distributable amount of $229K for 2024 — the minimum it must pay out in qualifying distributions.

About Babson - Webber - Mustard Fund

Based on IRS filings

Focus Areas

Economically disadvantaged people Low-income people Human services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $1.1M (100%)

States

Massachusetts

Cities

Various

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,677,837	$4,728,181	$4,566,438
Revenue	$173,596	$19,754	$93,499
Expenses	$382,619	$338,275	$411,957
Qualifying Distributions	$214,500	$136,500	$322,028
Net Investment Income	$165,883	$133,794	$15,018
Distributable Amount	$229,317	$228,348	$11,160

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Grants to Assist 142 Needy Mass Ind ($142,000), Grants to Assist 29 Mass Charities ($72,500).

Recipient	Purpose	Amount
GRANTS TO ASSIST 142 NEEDY MASS IND VARIOUS, MA	DIRECT ASSIST TO NEEDY MASS RESIDENT	$142,000
GRANTS TO ASSIST 29 MASS CHARITIES VARIOUS, MA	ASSIST MASS CHARITABLE ORGANIZATIONS	$72,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JUDITH RHOME	TRUSTEE	5	$17,000
ROBERT S HOFFMAN III	TRUSTEE	5	$17,000
JESSE M PUTNEY	TRUSTEE	5	$17,000

Subject Areas

Focus areas based on grantmaking activity

Economically disadvantaged people Low-income people Human services

Frequently Asked Questions

What is Babson - Webber - Mustard Fund?

Babson - Webber - Mustard Fund is a private foundation focused on Economically disadvantaged people, based in BREWSTER, MA. It holds $4.7M in total assets as of 2024.

How large is Babson - Webber - Mustard Fund?

As of 2024, Babson - Webber - Mustard Fund holds $4.7M in total assets with $174K in annual revenue. It awarded 2 grants totaling $215K in 2024.

Where does Babson - Webber - Mustard Fund operate?

Babson - Webber - Mustard Fund has awarded grants in Massachusetts.

What size grants does Babson - Webber - Mustard Fund award?

In 2024, Babson - Webber - Mustard Fund awarded 2 grants totaling $215K — an average of about $107K per grant, based on its IRS Form 990 filings.

How much is Babson - Webber - Mustard Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Babson - Webber - Mustard Fund reported a distributable amount of $229K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Babson - Webber - Mustard Fund's EIN?

Babson - Webber - Mustard Fund's EIN (Employer Identification Number) is 04-2307820. IRS Form 990 filing data is available on this page for 2020–2024.