Isabel Babson Memorial Incorporated
Isabel Babson Memorial Incorporated is a private foundation, based in GLOUCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 7 grants totaling $32K. Net investment income was $683K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+11.8% YoY
Annual Giving
$32K
+60.0% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$5K
-8.6% YoY
About Isabel Babson Memorial Incorporated
Based on IRS filings
Isabel Babson Memorial Incorporated is a private foundation, based in GLOUCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 7 grants totaling $32K. Net investment income was $683K.
Ready to take the next step with Isabel Babson Memorial Incorporated?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,314,809 | $3,858,356 | $3,869,554 |
| Revenue | $683,186 | $21,608 | $76,019 |
| Expenses | $212,902 | $196,439 | $187,497 |
| Qualifying Distributions | $202,319 | $194,751 | $182,955 |
| Net Investment Income | $683,186 | $59,814 | $76,019 |
| Distributable Amount | $198,474 | $186,376 | $160,626 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gary C Brackett | President & Trustee | 40 | $52,250 |
| Margaret Quinn | Treasurer Secretary | 10 | $13,300 |
| Sandra J Andreson | Trustee | 1 | $1,600 |
| Louise Quinn | Trustee | 1 | $1,600 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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