Paul & Edith Babson Foundation 106846-000
The Paul and Edith Babson Foundation is a private foundation established in 1957 in Massachusetts and currently based in Wilmington, Delaware. The foundation operates as a trust with a competitive grant program focused on providing opportunities for people in the Greater Boston area.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.2M
+28.6% YoY
Annual Giving
$730K
+13.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$730K
+13.3% YoY
Under IRS private-foundation payout rules, Paul & Edith Babson Foundation 106846-000 reported a distributable amount of $735K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's competitive grant program focuses on providing opportunities for the people of Greater Boston, Massachusetts (defined as communities within and touched by Route 128). The foundation awards grants to nonprofit organizations in four primary program areas:
- Entrepreneurship and Economic Development — Programs providing and encouraging youth and community entrepreneurship education, community economic development, and job training for youth
- Culture, Education and Leadership Development — Programs focused on cultural, educational, and leadership development opportunities for young people through team sports, art, dance, music, and theater
- Environment and Community Building — Programs focused on community building through urban community gardens and urban green space initiatives
- Health and Social Services — Programs addressing health and social service needs
With few exceptions, preference is given to Massachusetts charities and educational organizations.
Grantmaking
Grant Range
$668,000
Average Grant
$677,000
Review Cycle
are postmarked by April 1 or September 25
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in the Greater Boston, Massachusetts area, defined as communities within and touched by Route 128. Grant recipients are concentrated in Delaware based on available records.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $9,226,281
- Annual Revenue: $2,941,970
- Annual Expenses: $888,061
- Net Income: $2,053,909
As of 2023:
- Total Assets: $7,174,764
- Total Revenues: $489,652
- Total Expenses: $766,890
Revenue Composition (2023):
- Investment income and dividends: $332,809
- Net gain from sale of non-inventory assets: $154,831
- Miscellaneous revenues: $2,012
Tax Status:
- 501(c)(3) charitable organization
- Tax-exempt since May 1960
- Contributions are tax-deductible
- Designated as a private non-operating foundation
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,226,281 | $7,174,764 | $7,450,097 |
| Revenue | $2,941,970 | $489,652 | $613,884 |
| Expenses | $888,061 | $766,890 | $799,681 |
| Qualifying Distributions | $772,745 | $676,994 | $700,597 |
| Net Investment Income | $2,825,965 | $396,113 | $506,739 |
| Distributable Amount | $734,872 | $687,720 | $713,119 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Open Grants
1 open opportunity from Paul & Edith Babson Foundation 106846-000
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached List of Grants ($729,764).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED LIST OF GRANTS WILMINGTON, DE | GENERAL PURPOSE | $729,764 |
Leadership & Key People
Leadership team and compensation from IRS filings
- James Babson — Trustee (removed 4/2/22)
- Senani Babson — Trustee
- Wilmington Trust 106846-000 — Principal Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SENANI BABSON | TRUSTEE | 1 | — |
| PHILIP HALL CO GMA FOUNDATIONS | TRUSTEE | 1 | — |
| MAITHRI BABSON | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported organizations addressing food insecurity and community needs, including grants to the Demakes Family YMCA to combat food insecurity in the Metro North area.
Demakes Family YMCA Receives Grant from the Paul and Edith Babson FoundationFrequently Asked Questions
What does Paul & Edith Babson Foundation 106846-000 fund?
The foundation's competitive grant program focuses on providing opportunities for the people of Greater Boston, Massachusetts (defined as communities within and touched by Route 128). The foundation awards grants to nonprofit organizations in four primary program areas: • **Entrepreneurship and Economic Development** — Programs providing and encouraging youth and community entrepreneurship education, community economic development, and job training for youth • **Culture, Education and Leadershi…
How do I apply for a grant from Paul & Edith Babson Foundation 106846-000?
**Application Process:** • Applicants should submit two copies of the AGM or NGG common grant application • Application deadlines are postmarked by April 1 or September 25 **Grant Activity:** • The foundation has made 3 grants totaling $2 million according to available records • Median grant size: $668,000 • Average grant size: $677,000 • Individual grants have ranged from $644,000 to $720,000 • The foundation has distributed between $644,000 and $720,000 annually from 2021 to 2023 • Total givi…
Where does Paul & Edith Babson Foundation 106846-000 make grants?
The foundation's grantmaking is concentrated in the Greater Boston, Massachusetts area, defined as communities within and touched by Route 128. Grant recipients are concentrated in Delaware based on available records.
What size grants does Paul & Edith Babson Foundation 106846-000 award?
In 2024, Paul & Edith Babson Foundation 106846-000 awarded 1 grants totaling $730K — an average of about $730K per grant, based on its IRS Form 990 filings.
How much is Paul & Edith Babson Foundation 106846-000 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Paul & Edith Babson Foundation 106846-000 reported a distributable amount of $735K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Paul & Edith Babson Foundation 106846-000's EIN?
Paul & Edith Babson Foundation 106846-000's EIN (Employer Identification Number) is 04-6037891. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Paul & Edith Babson Foundation 106846-000's focus areas in our free grants database
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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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