Grace Knight Babson Fund
The Grace Knight Babson Fund was a private foundation based in Wellesley, Massachusetts. Its 2020 filing was marked as a final return: the filing says trustees approved a motion to dissolve the organization on November 17, 2020, and final dissolution took place in October 2021. The fund therefore appears to have wound down and stopped grantmaking.
Grace Knight Babson Fund at a glance
In short: Grace Knight Babson Fund gave $162K across 10 grants in 2021 (avg $16K), mostly in Massachusetts. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $162,190
- +3954.8% vs 2020
- Grants made (2021)
- 10
- +150.0% vs 2020
- Average grant
- $16,219
- +1521.9% vs 2020
- Median grant
- $16,219
- Primary geography
- Massachusetts (100% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated October 2026.
How to apply to Grace Knight Babson Fund
- Review Cycle
- The filing listed notification as due in late April; this was a past cycle.
- Deadline
- The filing listed notification as due in late April; this was a past cycle.
- Contact
Application contact: Cynthia Lowe
Mailing address: 15 Morgan Dr 402, Natick, MA 01760
Phone: (781) 235-9009
Email: anne@thelysaghts.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Grace Knight Babson Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2021
The largest 2021 recipient was First Church of Christ Scientist ($16K). Together the top 10 received $162K.
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
All grant dollars reported for 2021 went to recipients in Massachusetts.
Grant Distribution by State
Share of 2021 grant dollars across all 10 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $4K (2020) to $162K (2021). In 2021 it made 10 grants totaling $162K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| First Church of Christ Scientist Wellesley, MA | Unrestricted. | $16,219 |
| St Andrews Episcopal Church Wellesley, MA | Unrestricted. | $16,219 |
| St John the Evangelist Church Wellesley, MA | Unrestricted. | $16,219 |
| St Paul's Parish Cambridge, MA | Unrestricted. | $16,219 |
| St Mary's Episcopal Church Newton, MA | Unrestricted. | $16,219 |
| Temple Beth Elohim Wellesley, MA | Unrestricted. | $16,219 |
| Unitarian Universalist Society Wellesley, MA | Unrestricted. | $16,219 |
| Wellesley Friends Meeting Wellesley, MA | Unrestricted. | $16,219 |
| Wellesley Hills Congregational Church Wellesley, MA | Unrestricted. | $16,219 |
| Wellesley Village Congregational Church Wellesley, MA | Unrestricted. | $16,219 |
Ready to take the next step with Grace Knight Babson Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2021 | — | $249 | $168,347 | $162,190 | 10 | — | $6,100 |
| 2020 | $168,098 | $90,977 | $8,613 | $4,000 | 4 | $89,828 | $6,485 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The reported 2021 grants went to religious organizations, including Christian churches, a synagogue, a Unitarian Universalist society, and a Friends meeting. Each grant was listed as unrestricted.
Grantmaking
In 2021, the fund gave $162,190 through 10 grants. Each grant was $16,219. Recipients included First Church of Christ Scientist in Wellesley ($16,219), St Andrews Episcopal Church in Wellesley ($16,219), St John the Evangelist Church in Wellesley ($16,219), St Paul's Parish in Cambridge ($16,219), St Mary's Episcopal Church in Newton ($16,219), Temple Beth Elohim in Wellesley ($16,219), Unitarian Universalist Society in Wellesley ($16,219), Wellesley Friends Meeting ($16,219), Wellesley Hills Congregational Church ($16,219), and Wellesley Village Congregational Church ($16,219).
The filing also described a notification form and participation in a May event, with awards restricted to children under age 16 from religious institutions serving Wellesley. These are historical instructions for the fund’s event, not current application guidance for its grants.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2021 filing listed Rev Matthew Wooster, Jodi Suffrin, and Fr James Laughlin as trustees; Anne Lysaght as treasurer; and Cynthia Lowe as clerk.
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
The highest reported compensation on the 2021 filing was $600, to Anne Lysaght (Treasurer). 2 officers or directors reported compensation on that filing.
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.
What does Grace Knight Babson Fund fund?
No mission statement is provided. The reported 2021 grants went to religious organizations, including Christian churches, a synagogue, a Unitarian Universalist society, and a Friends meeting. Each grant was listed as unrestricted. See mission & focus areas ↑
How do I apply for a grant from Grace Knight Babson Fund?
Grace Knight Babson Fund has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
Other open foundation grants in Massachusetts
Massachusetts Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Grace Knight Babson Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Spaulding Family Foundation
Shawnee Mission, KS
The Spaulding Family Foundation supports a range of charitable organizations, including schools, health and disability services, cultural groups, and camps; in 2025, grants ranged from $100 to $27,000, with a median of $2,500. Most funding went to Missouri, especially Kansas City, with smaller amounts going to organizations in other states. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$2.6M
Grants
40
Total Given
$176K
St Andrews Episcopal Parish Fund
Emporia, KS
Assets
$239K
Grants
1
Total Given
$26K
Rauh Florence E L No 5 PFDN
Brooklyn, OH
Assets
$132K
Grants
1
Total Given
$7K
Gloria S Sale St Andrews Church Trust
College Station, TX
Assets
$374K
Grants
1
Total Given
$19K
Prowell Charitable Trust Mid Penn Bank Trustee
Pottsville, PA
Assets
$58K
Grants
1
Total Given
$3K
William and Betty Osborne Trust
Tulsa, OK
Assets
$2.4M
Grants
2
Total Given
$133K
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 Grace Knight Babson Fund'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.
Grace Knight Babson Fund down — hundreds of funders to go?