Lawrence T Babbio Jr Foundation
The Lawrence T Babbio Jr Foundation is a private foundation based in Albany, New York. Its 2025 filing reports grants to charitable organizations, including educational institutions, a hospital, and cultural organizations; the grants are listed as being for general charitable purposes.
Lawrence T Babbio Jr Foundation at a glance
In short: Lawrence T Babbio Jr Foundation gave $781K across 14 grants in 2025 (avg $56K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $781,200
- +4.6% vs 2024
- Grants made (2025)
- 14
- -6.7% vs 2024
- Average grant
- $55,800
- +12.0% vs 2024
- Median grant
- $15,000
- Total assets
- $4,399,143
- -12.7% vs 2024
- Primary geography
- New York (73% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Lawrence T Babbio Jr Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: C/O Goldman Sachs Ayco PO Box 15201, Albany, NY 12212-5201
Phone: (518) 640-5000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lawrence T Babbio Jr Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Stevens Institute of Technology ($460K). Together the top 10 received $780K.
Grant Size Distribution
64 grants across all recorded years
The most common grant size was under $50K: 48 grants of 64 (75%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars were reported as 73% to recipients in New York, 20% in New Jersey, 8% in Pennsylvania, and less than 1% in Minnesota. The listed recipients include organizations in New York, New Jersey, Pennsylvania, and Minnesota.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
How Lawrence T Babbio Jr Foundation gives
- 100% of 2025 grantees were also funded in 2024. Method
- Giving grew 101% from 2022 to 2025. Method
- In 2025 it paid out 217% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). 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 2019 to 2025, annual grant giving ranged from $350K (2019) to $867K (2023). In 2025 it made 14 grants totaling $781K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stevens Institute of Technology Hoboken, NY | General Charitable Purposes | $460,000 |
| Saint Peter's Preparatory School Jersey City, NJ | General Charitable Purposes | $152,500 |
| New York-Presbyterian Hospital New York, NY | General Charitable Purposes | $50,000 |
| Lehigh University Bethlehem, PA | General Charitable Purposes | $35,000 |
| Collegiate School New York, NY | General Charitable Purposes | $25,000 |
| Gettysburg College Gettysburg, PA | General Charitable Purposes | $25,000 |
| Memorial Sloan Kettering Cancer Center New York, NY | General Charitable Purposes | $25,000 |
| The Fund for Park Ave New York, NY | General Charitable Purposes | $5,000 |
| American Museum of Natural History New York, NY | General Charitable Purposes | $1,000 |
| Mayo Clinic Rochester, MN | General Charitable Purposes | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,399,143 | $179,693 | $819,810 | $781,200 | 14 | $783,375 | $113,258 | $360,331 |
| 2024 | $5,039,260 | $234,630 | $785,597 | $747,200 | 15 | $749,288 | $198,321 | $363,375 |
| 2023 | $5,590,227 | $27,564 | $904,653 | $867,200 | 17 | $869,200 | $133,008 | $359,793 |
| 2022 | $6,467,316 | $390,995 | $427,255 | $388,000 | 17 | $425,415 | $389,155 | $371,465 |
| 2021 | $6,503,576 | $242,889 | $479,760 | $438,700 | 1 | $438,700 | $205,759 | $392,874 |
| 2020 | $6,740,447 | $100,691 | $408,926 | $372,600 | 1 | — | $126,898 | $344,236 |
| 2019 | $7,048,665 | $1,301,278 | $392,433 | $349,600 | 1 | — | $1,253,062 | $326,781 |
Under IRS private-foundation payout rules, Lawrence T Babbio Jr Foundation reported a distributable amount of $360K for 2025 — 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 for the foundation is provided. Its 2025 grants went to organizations including universities, schools, health-care institutions, and museums. Lehigh University describes its goal as advancing learning through teaching, research, and service, and preparing graduates to engage with the world. Mayo Clinic describes its mission as contributing to health and well-being through patient care, education, and research. These are the grantees’ descriptions of their own missions.
Grantmaking
In 2025, the foundation reported 14 grants totaling $781,200. Grant amounts ranged from $100 to $460,000, with a median of $15,000. The largest awards included $460,000 to Stevens Institute of Technology, $152,500 to Saint Peter’s Preparatory School, $50,000 to New York-Presbyterian Hospital, and $35,000 to Lehigh University. Each was listed for general charitable purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Lawrence T Babbio Jr, Lawrence T Babbio III, and Robyn Babbio as trustees.
Lawrence T Babbio Jr Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lawrence T. Babbio III
Trustee
On filings since 2019
1 hr/week
No compensation reported
Lawrence T. Babbio Jr.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Robyn Babbio
Trustee
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Lawrence T Babbio Jr Foundation
How much does Lawrence T Babbio Jr Foundation give each year?
Lawrence T Babbio Jr Foundation gave $781K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $747K across 15 grants.
What is Lawrence T Babbio Jr Foundation's typical grant size?
Lawrence T Babbio Jr Foundation's median grant in 2025 was $15,000, and its average grant was $55,800, across 14 grants on its 2025 IRS Form 990-PF.
Where does Lawrence T Babbio Jr Foundation give grants?
Lawrence T Babbio Jr Foundation gives mostly in New York: 73% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (20%) and Pennsylvania (8%). The most frequent recipient cities were New York, NY (9 grants).
Does Lawrence T Babbio Jr Foundation give general operating support?
Yes: 100% of Lawrence T Babbio Jr Foundation's 2025 grants with a stated purpose (14 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Lawrence T Babbio Jr Foundation's largest grantees?
Lawrence T Babbio Jr Foundation's largest 2025 grantees include Stevens Institute of Technology ($460,000), Saint Peter's Preparatory School ($152,500) and New York-Presbyterian Hospital ($50,000), according to its 2025 IRS Form 990-PF. Together they received 85% of its itemized 2025 grant dollars.
How large is Lawrence T Babbio Jr Foundation?
Lawrence T Babbio Jr Foundation reported $4.4M in total assets on its 2025 IRS Form 990-PF. It paid out $783K in qualifying distributions that year, against a required minimum of $360K (roughly 5% of its investment assets).
What does Lawrence T Babbio Jr Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants went to organizations including universities, schools, health-care institutions, and museums. See mission & focus areas ↑
How do I apply for a grant from Lawrence T Babbio Jr Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Lawrence T Babbio Jr Foundation's EIN?
Lawrence T Babbio Jr Foundation's EIN (Employer Identification Number) is 46-1601552. IRS Form 990 filing data is available on this page for 2019–2025.
Does Lawrence T Babbio Jr Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 17, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Lawrence T Babbio Jr Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/lawrence-t-babbio-jr-foundation-morg_7cf4fbb9259746d08893b772c0b0993f
BibTeX
@misc{grantable_461601552_2026,
author = {{Grantable}},
title = {{Lawrence T Babbio Jr Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lawrence-t-babbio-jr-foundation-morg_7cf4fbb9259746d08893b772c0b0993f},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Lawrence T Babbio Jr Foundation'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.
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