Bud H Babcock Trust

WILLOUGHBY, OH EIN: 30-6081202

Bud H Babcock Trust is a private foundation, based in WILLOUGHBY, OH. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.3M in total assets. In 2023, it awarded 17 grants totaling $23K. Net investment income was $72K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$1.3M

+3.7% YoY

Annual Giving

$23K

+61.9% YoY

Grant Count

17

+21.4% YoY

Avg Grant Size

$1K

+33.3% YoY

About Bud H Babcock Trust

Based on IRS filings

Bud H Babcock Trust is a private foundation, based in WILLOUGHBY, OH. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.3M in total assets. In 2023, it awarded 17 grants totaling $23K. Net investment income was $72K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

AkronAthensBloomingtonCincinnatiClevelandKentKirtlandPepper PikeToledoWilloughby

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$66K$99K$132K2020202120222023
Metric202320222021
Total Assets$1,250,479$1,205,901$1,359,395
Revenue$94,502$120,323$33,307
Expenses$53,859$41,944$61,793
Qualifying Distributions$23,470$14,500$31,941
Net Investment Income$71,950$98,679$10,561
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$32K16 grants202016 grants202114 grants202217 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Willoughby-Eastlake City…$3KWilloughby-Eastlake City…$3KUniversity Of North Caro…$2KUniversity Of Cincinnati$2KTennessee State University$2KOhio University$2KXavier University$1KKent State University$1KFlorida Gulf Coast Unive…$1KThe University Of Akron$1K

Grant Size Distribution

63 grants across all recorded years

63<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Willoughby-Eastlake City School Dis ($2,993), Willoughby-Eastlake City School Dis ($2,977), University Of North Carolina ($2,000).

RecipientPurposeAmount
University Of North Carolina Willoughby, OHScholarship$2,000
Brigham Young University Willoughby, OHScholarship$750
Xavier University Willoughby, OHScholarship$1,000
Kent State University Willoughby, OHScholarship$750
Cuyahoga Community College Willoughby, OHScholarship$750
Kent State University Willoughby, OHScholarship$750
Ursuline College Willoughby, OHScholarship$750
Kent State University Willoughby, OHScholarship$1,000
Florida Gulf Coast University Willoughby, OHScholarship$1,000
The University Of Akron Willoughby, OHScholarship$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

Gerald MerharTrustee$6KVicki MorleyTrustee$3KRobin HopkinsTrustee$3K

From 2023 filing

NameTitleHoursCompensation
Gerald MerharTrustee5$5,556
Vicki MorleyTrustee5$2,639
Robin HopkinsTrustee5$2,638

Frequently Asked Questions

How large is Bud H Babcock Trust?

As of 2023, Bud H Babcock Trust holds $1.3M in total assets with $95K in annual revenue. It awarded 17 grants totaling $23K in 2023.

Where does Bud H Babcock Trust operate?

Bud H Babcock Trust has awarded grants in Indiana, Ohio.

What size grants does Bud H Babcock Trust award?

In 2023, Bud H Babcock Trust awarded 17 grants totaling $23K — an average of about $1K per grant, based on its IRS Form 990 filings.

What is Bud H Babcock Trust's EIN?

Bud H Babcock Trust's EIN (Employer Identification Number) is 30-6081202. IRS Form 990 filing data is available on this page for 2020–2023.

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

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