Deus Spes Mea Foundation Inc logo

Deus Spes Mea Foundation Inc

MIAMI, FL EIN: 65-0841971 Website

Deus Spes Mea Foundation Inc is a private foundation established on March 20, 1998, in Miami, Florida. The foundation operates as a family foundation with a specific focus on Christian and evangelical organizations. It maintains offices in both Miami and Clearwater, Florida.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$23.8M

-9.9% YoY

Annual Giving

$4.1M

-19.6% YoY

Grant Count

27

-48.1% YoY

Avg Grant Size

$151K

+54.8% YoY

Under IRS private-foundation payout rules, Deus Spes Mea Foundation Inc reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation is designated for evangelism and evangelistic organizations. Its primary funding interests include:

  • Religion (53% of grants)
  • Social & Human Services (31% of grants)
  • International Giving (approximately 12% of grants)

The foundation gives primarily for Christian organizations and evangelical causes.

Grantmaking

The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. Applicants must contact the foundation directly to inquire about specific application processes and potential opportunities. There are no deadlines.

Review Cycle

.

How to Apply

**

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Geographic Focus

Where this funder awards grants

56% of grants remain in Florida. The foundation also provides significant funding to:

  • Texas
  • North Carolina
  • Georgia
  • Colorado
  • South Carolina

Grant Distribution by State

22states
+14 more states

Cities

Albert LeaAtlantaBirminghamBooneBradentonBrentwoodCarol StreamCharlotteChurchvilleClearwaterColorado SpringsColumbiaCoon RapidsDallasDaytona BeachDelandEden PrairieEnterpriseFederal WayFort Worth

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2024:

  • Total Assets: $23,792,327
  • Total Revenue: $1,571,155
  • Total Expenses: $4,173,988
  • Total Giving: $4,080,000
  • Net Income: -$2,602,833

Revenue Breakdown (2024):

  • Investment income and dividends: $1,008,884
  • Net gain from sale of non-inventory assets: $442,271
  • Total grants and contributions: $120,000

Staffing: The foundation operates with 0 employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$17M$25M$33M20202021202220232024
Metric202420232022
Total Assets$23,792,327$26,399,160$24,341,893
Revenue$1,571,155$7,214,663$5,656,024
Expenses$4,173,988$5,091,340$4,047,678
Qualifying Distributions$4,090,500$5,080,291$4,007,079
Net Investment Income$1,436,736$5,634,433$910,425
Distributable Amount$1,402,871$1,383,342$1,535,715

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M42 grants202052 grants202146 grants202252 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LIVING HOPE DONER ADVISE…$930KSAMARITAN'S PURSE$455KWALK THRU THE BIBLE MINI…$325KCHURCH AT THE SPRINGS$300KLIVING HOPE HAITI CHRIST…$250KWORLD MISSIONS TODAY$215KGRACE CHURCH$200KHARBORSIDE CHRISTIAN CHU…$200KTHE SALVATION ARMY (DALL…$200KTHE SALVATION ARMY (CLEA…$150K

Grant Size Distribution

215 grants across all recorded years

96<$50K54$50–100K47$100–250K13$250–500K5$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Living Hope Doner Advised Account Schwab Charitable ($930,000), Samaritan's Purse ($455,000), Walk Thru the Bible Ministries ($325,000).

RecipientPurposeAmount
BEYOND ORDINARY WOMEN MINISTRIES PLANO, TXGENERAL USE$50,000
BEYOND OUR DOORS GLOBAL HOPKINS, MNGENERAL USE$40,000
BILLY GRAHAM EVANGELISTIC ASSOCIATION CHARLOTTE, NCGENERAL USE$20,000
CHRISTIAN MISSIONARY FELLOWSHIP INDIANAPOLIS, INGENERAL USE$50,000
CHURCH AT THE SPRINGS OCALA, FLGENERAL USE$300,000
EQUIP INDIA BRADENTON, FLGENERAL USE$20,000
FINISHING WELL MINISTRIES PLANO, TXGENERAL USE$50,000
FLORIDA BAPTIST CHILDREN'S HOMES LAKELAND, FLGENERAL USE$100,000
FLORIDA UNITED METHODIST CHILDREN'S HOME ENTERPRISE, FLGENERAL USE$50,000
GRACE CHURCH GREENVILLE, SCGENERAL USE$200,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Calvin H. Babcock – Director
  • Evelyn E. Babcock – Director
  • Mary Anne Babcock – Director
  • Mary B. Taylor – Director

Donors:

  • Charles I. Babcock
  • Mary H. Babcock (Estate)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DR EVELYN E BABCOCKDIRECTOR
CALVIN H BABCOCKDIRECTOR
MARY B TAYLORDIRECTOR
MARY ANNE BABCOCKDIRECTOR

Contact Information

Mailing Address: Deus Spes Mea Foundation Inc PO Box 15602 Clearwater, Florida 33766

Physical Address: 9350 SW 79th Avenue Miami, FL 33156-7431

Phone: 305-992-7312 or 727-791-0600

EIN: 65-0841971

Frequently Asked Questions

What does Deus Spes Mea Foundation Inc fund?

The foundation is designated for evangelism and evangelistic organizations. Its primary funding interests include: • **Religion** (53% of grants) • **Social & Human Services** (31% of grants) • **International Giving** (approximately 12% of grants) The foundation gives primarily for Christian organizations and evangelical causes.

How do I apply for a grant from Deus Spes Mea Foundation Inc?

**Grant Activity:** • Made 42 grants in 2024 • Total giving: $4,080,000 to $5,075,000 (depending on fiscal year) • Typical award range: $5,000–$930,000 **Recent Notable Grants (2024):** • Samaritan's Purse: $455,000 • Walk Thru the Bible Ministries: $325,000 • The Church at the Springs: $300,000 **Other Recent Grants:** • EVANTELL: $250,000 • Living Hope Donor Advised Account (Schwab Charitable): $755,000 • Salvation Army Clearwater, FL: $150,000 • Riverside House: $105,000 • Florida Baptist Ch…

Where does Deus Spes Mea Foundation Inc make grants?

56% of grants remain in Florida. The foundation also provides significant funding to: • Texas • North Carolina • Georgia • Colorado • South Carolina

What size grants does Deus Spes Mea Foundation Inc award?

In 2024, Deus Spes Mea Foundation Inc awarded 27 grants totaling $4.1M — an average of about $151K per grant, based on its IRS Form 990 filings.

How much is Deus Spes Mea Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Deus Spes Mea Foundation Inc reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Deus Spes Mea Foundation Inc's EIN?

Deus Spes Mea Foundation Inc's EIN (Employer Identification Number) is 65-0841971. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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