Grace Knight Babson Fund

Foundation · Grantmaker Wellesley, MA EIN: 04-6041993

Grace Knight Babson Fund is a private foundation, based in Wellesley, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 10 grants totaling $162K.

Key facts about Grace Knight Babson Fund

In short: Grace Knight Babson Fund gave $162K across 10 grants in 2021 (avg $16K), mostly in Massachusetts. Source: 2021 IRS Form 990-PF.

EIN
04-6041993
Latest 990 filing
Form 990-PF, 2021
Annual giving (2021)
$162,190
Grants made (2021)
10
Average grant
$16,219
Median grant
$16,219
Primary geography
Massachusetts (100% of itemized 2021 grant dollars)

Data from IRS Form 990-PF, 2021; updated September 2026.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$162K

+3954.8% YoY

Grant Count

10

+150.0% YoY

Avg Grant Size

$16K

+1521.9% YoY

Under IRS private-foundation payout rules, Grace Knight Babson Fund reported a distributable amount of $6K for 2021 — the minimum it must pay out in qualifying distributions.

How Grace Knight Babson Fund gives

  • 40% of 2021 grantees were also funded in 2020. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 10 itemized 2021 grant dollars.

Cities

WellesleyCambridgeNewton

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K4 grants202010 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2021

First Church of Christ Scientist: $16KFirst Church of ChristScientist$16KSt Andrews Episcopal Church: $16KSt Andrews Episcopal Church$16KSt John the Evangelist Church: $16KSt John the Evangelist Church$16KSt Paul's Parish: $16KSt Paul's Parish$16KSt Mary's Episcopal Church: $16KSt Mary's Episcopal Church$16KTemple Beth Elohim: $16KTemple Beth Elohim$16KUnitarian Universalist Society: $16KUnitarian Universalist Society$16KWellesley Friends Meeting: $16KWellesley Friends Meeting$16KWellesley Hills Congregational Church: $16KWellesley Hills CongregationalChurch$16KWellesley Village Congregational Church: $16KWellesley VillageCongregational Church$16K

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
FIRST CHURCH OF CHRIST SCIENTIST Wellesley, MAUNRESTRICTED.$16,219
ST ANDREWS EPISCOPAL CHURCH Wellesley, MAUNRESTRICTED.$16,219
ST JOHN THE EVANGELIST CHURCH Wellesley, MAUNRESTRICTED.$16,219
ST PAUL'S PARISH Cambridge, MAUNRESTRICTED.$16,219
ST MARY'S EPISCOPAL CHURCH Newton, MAUNRESTRICTED.$16,219
TEMPLE BETH ELOHIM Wellesley, MAUNRESTRICTED.$16,219
UNITARIAN UNIVERSALIST SOCIETY Wellesley, MAUNRESTRICTED.$16,219
WELLESLEY FRIENDS MEETING Wellesley, MAUNRESTRICTED.$16,219
WELLESLEY HILLS CONGREGATIONAL CHURCH Wellesley, MAUNRESTRICTED.$16,219
WELLESLEY VILLAGE CONGREGATIONAL CHURCH Wellesley, MAUNRESTRICTED.$16,219

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K20202021
Metric20212020
Total Assets—$168,098
Revenue$249$90,977
Expenses$168,347$8,613
Qualifying Distributions——
Net Investment Income—$89,828
Distributable Amount$6,100$6,485

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2021

Leadership & Key People

Officers and directors from IRS filings

Grace Knight Babson Fund's 2021 filing lists 5 officers; 2 of 5 officers listed in 2021 are compensated.

Officers on the 2021 filing

  • James Laughlin

    Trustee

    On filings since 2020

    0.3 hrs/week

    $200 (2020) → $0 (2021)

  • Jodi Suffrin

    Trustee

    On filings since 2020

    0.3 hrs/week

    $200 (2020) → $0 (2021)

  • Matthew Wooster

    Trustee

    On filings since 2020

    0.3 hrs/week

    $200 (2020) → $0 (2021)

  • Anne Lysaght

    Treasurer

    On filings since 2020

    0.3 hrs/week

    $575 (2020) → $600 (2021)

  • Cynthia Lowe

    Clerk

    On filings since 2020

    0.5 hrs/week

    $590 (2020) → $500 (2021)

Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2021 IRS filing

Anne Lysaght — Treasurer: $600Anne LysaghtTreasurer$600Cynthia Lowe — Clerk: $500Cynthia LoweClerk$500

Frequently asked questions about Grace Knight Babson Fund

How much does Grace Knight Babson Fund give each year?

Grace Knight Babson Fund gave $162K across 10 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $4K across 4 grants.

What is Grace Knight Babson Fund's typical grant size?

Grace Knight Babson Fund's median grant in 2021 was $16,219, and its average grant was $16,219, across 10 grants on its 2021 IRS Form 990-PF.

Where does Grace Knight Babson Fund give grants?

Grace Knight Babson Fund gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Wellesley, MA (8 grants).

Does Grace Knight Babson Fund give general operating support?

Yes: 100% of Grace Knight Babson Fund's 2021 grants with a stated purpose (10 of 10) were for general or operating support, per its 2021 IRS Form 990-PF.

Who are Grace Knight Babson Fund's largest grantees?

Grace Knight Babson Fund's largest 2021 grantees include First Church of Christ Scientist ($16,219), St Andrews Episcopal Church ($16,219) and St John the Evangelist Church ($16,219), according to its 2021 IRS Form 990-PF. Together they received 30% of its itemized 2021 grant dollars.

How much is Grace Knight Babson Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Grace Knight Babson Fund reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Grace Knight Babson Fund's EIN?

Grace Knight Babson Fund's EIN (Employer Identification Number) is 04-6041993. IRS Form 990 filing data is available on this page for 2020–2021.

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

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