Paul & Edith Babson Foundation 106846-000

Private foundation · Grantmaker Wilmington, DE EIN: 04-6037891

The Paul & Edith Babson Foundation is a private foundation based in Wilmington, Delaware. Its competitive grants program supports entrepreneurship and economic development, youth development, and urban environmental and community-building initiatives in Greater Boston.

Key facts about Paul & Edith Babson Foundation 106846-000

In short: Paul & Edith Babson Foundation 106846-000 gave $690K across 1 grant in 2025 (avg $690K), mostly in Delaware. Source: 2025 IRS Form 990-PF.

EIN
04-6037891
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$690,368
Grants made (2025)
1
Average grant
$690,368
Median grant
$690,368
Total assets
$8,807,331
Primary geography
Delaware (100% of itemized 2025 grant dollars)
How to apply
Submit two copies of the AGM or NGG common grant application. Full details ↓
Deadline
Applications must be postmarked by April 1 or September 25.

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.8M

-4.5% YoY

Annual Giving

$690K

-5.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$690K

-5.4% YoY

Under IRS private-foundation payout rules, Paul & Edith Babson Foundation 106846-000 reported a distributable amount of $848K for 2025 — the minimum it must pay out in qualifying distributions.

How Paul & Edith Babson Foundation 106846-000 gives

  • Giving held roughly steady from 2022 to 2025 (+3%). Method
  • In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s stated mission is to support entrepreneurship and economic development, youth development opportunities, and improvements to the urban environment to enhance quality of life throughout Greater Boston.

Its competitive grants program focuses on entrepreneurship education and economic development, community building through urban gardens and greenspace, and violence reduction. The program lists Greater Boston organizations as eligible. Individuals, summer camps, and scholarship requests are not funded.

Grantmaking

In filing year 2025, the foundation reported one grant totaling $690,368. The listed recipient was “SEE ATTACHED LIST OF GRANTS” in Wilmington, Delaware; the stated purpose was general support. The reported grant amount is separate from the competitive program’s stated award range of $2,000–$12,000.

Review Cycle

Applications must be postmarked by April 1 or September 25.

Open Grants

1 open opportunity from Paul & Edith Babson Foundation 106846-000

Your AI grants department

Ready to take the next step with Paul & Edith Babson Foundation 106846-000?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

The competitive grants program is for organizations located within Greater Boston. The foundation’s 2025 filing states a preference, with few exceptions, for Massachusetts charities and educational organizations. Its one reported 2025 grant was listed in Delaware.

Grant Distribution by State

22states

Share of the 2025 grant dollars on its one itemized grant.

Cities

BostonNew YorkDorchesterRoxburyJamaica PlainWashingtonWilmingtonAmherstLynnArlingtonCambridgeLeverettPhiladelphiaChicagoDeerfieldEast BostonGloucesterHyde ParkMattapanNorthampton

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K178 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $564K (2020) to $730K (2024). In 2025 it made 1 grant totaling $690K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K5$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached List of Grants Wilmington, DEGeneral Support$690,368

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2025 $8,807,331 $467,843 $894,456 $690,368 (1 grant)
2024 $9,226,281 $2,941,970 $888,061 $729,764 (1 grant)
2023 $7,174,764 $489,652 $766,890 $644,169 (1 grant)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$8,807,331$9,226,281$7,174,764
Revenue$467,843$2,941,970$489,652
Expenses$894,456$888,061$766,890
Qualifying Distributions$728,662$772,745$676,994
Net Investment Income$338,292$2,825,965$396,113
Distributable Amount$847,895$734,872$687,720

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 8, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Senani Babson, Maithri Babson, and Phillip Hall as co-trustees.

Paul & Edith Babson Foundation 106846-000's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Senani Babson

    Co-Trustee

    Trustee → Co-Trustee, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Maithri Babson

    Co-Trustee

    Trustee & Appted → Trustee, 2023

    Trustee → Co-Trustee, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Phillip Hall

    Co-Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Philip Hall Co Gma Foundations (2020–2024) — Trustee
  • Former: James Babson (2020–2022) — Trustee & Removed

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Gma Foundations Attn Anna Doggett
Mailing address: 2 Liberty Square Suite 500, Boston, MA 02109
Phone: (617) 426-7075

Frequently asked questions about Paul & Edith Babson Foundation 106846-000

How much does Paul & Edith Babson Foundation 106846-000 give each year?

Paul & Edith Babson Foundation 106846-000 gave $690K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $730K across 1 grant.

How large is Paul & Edith Babson Foundation 106846-000?

Paul & Edith Babson Foundation 106846-000 reported $8.8M in total assets on its 2025 IRS Form 990-PF. It paid out $729K in qualifying distributions that year, against a required minimum of $848K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Paul & Edith Babson Foundation 106846-000 fund?

The foundation’s stated mission is to support entrepreneurship and economic development, youth development opportunities, and improvements to the urban environment to enhance quality of life throughout Greater Boston. See mission & focus areas ↑

How do I apply for a grant from Paul & Edith Babson Foundation 106846-000?

Submit two copies of the AGM or NGG common grant application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Paul & Edith Babson Foundation 106846-000 make grants?

The competitive grants program is for organizations located within Greater Boston. The foundation’s 2025 filing states a preference, with few exceptions, for Massachusetts charities and educational organizations. Its one reported 2025 grant was listed in Delaware.

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 2020–2025.

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

Your AI grants department

Here's the math on researching Paul & Edith Babson Foundation 106846-000 by hand.

Explore Open Grants

Browse active grant opportunities in Paul & Edith Babson Foundation 106846-000's focus areas in our free grants database

Similar Funders

Similar funders in Delaware

Boston Foundation Inc

Boston, MA

The Boston Foundation funds equity-focused work in child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer awards from up to $15,000 to $50,000; it accepts applications through some competitive initiatives, but whether it accepts unsolicited requests generally is not stated.

Assets

$2.1B

Grants

2,375

Total Given

$228.4M

Eastern Bank Foundation

Wakefield, MA

Eastern Bank Foundation funds systemic efforts to advance economic inclusion and mobility, including small-business equity, early childhood development, affordable housing, and workforce development. Its programs range from $1,000–$10,000 for Community Donations, up to $15,000 for CITC Grants, and $50,000–$150,000 for Impact Grants; it supports organizations primarily in Massachusetts, New Hampshire, and Rhode Island. The foundation accepts online applications, with no specific submission deadlines stated.

Assets

$266.7M

Grants

1,786

Total Given

$19.0M

American Electric Power Foundation

Wilmington, DE

The American Electric Power Foundation funds STEM education, basic needs such as hunger and housing, social justice, and environmental protection. Its 2025 grants had a median of $10,000, with awards ranging from $500 to about $1.43 million; funding is concentrated in Ohio, with grants also going to states including Texas, Indiana, Virginia, and West Virginia. It accepts applications only from preselected organizations invited through a local AEP Operating Company and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$43.6M

Grants

753

Total Given

$23.0M

Puget Sound Energy Foundation

Wilmington, DE

The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.

Philanthropy, Voluntarism & Grantmaking

Assets

$19.6M

Grants

451

Total Given

$1.2M

First Eagle Investments Foundation

Wilmington, DE

Philanthropy, Voluntarism & Grantmaking

Assets

$747K

Grants

389

Total Given

$1.2M

Hagerty Drivers Foundation

Wilmington, DE

Assets

$193K

Grants

330

Total Given

$192K

McNabb Foundation

Wilmington, DE

The McNabb Foundation’s website describes support for behavioral health and social services in East Tennessee, while its 2024 grants went to organizations with varied missions, mostly in California. Grants ranged from $500 to $5,000, with a median of $1,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$4.8M

Grants

328

Total Given

$358K

Raskob Foundation for Catholic

Wilmington, DE

The Raskob Foundation for Catholic Activities supports Catholic organizations, ministries, and projects in the United States and its territories and internationally, across areas such as education, health care, and humanitarian aid. Domestic awards are typically $15,000–$35,000; international grants can be up to $200,000. It does not restrict giving to preselected organizations, but the profile does not explicitly state whether it accepts unsolicited requests.

Assets

$208.0M

Grants

325

Total Given

$6.2M

Delaware Community Foundation Inc

Wilmington, DE

Delaware Community Foundation funds nonprofits across areas such as health, education, conservation, arts, and youth services, primarily in Delaware, though it also awards grants elsewhere. Its 2025 grants had a median of $21,500, and it invites nonprofits to apply for specific grant programs; the profile does not state whether it accepts general unsolicited requests.

Assets

$392.5M

Grants

323

Total Given

$20.4M

WSFS Cares Foundation

Wilmington, DE

The WSFS CARES Foundation funds qualified nonprofits working in community investment, affordable housing, revitalization and economic empowerment, education and leadership, and services for people in need across Delaware, Pennsylvania, and New Jersey. Its 2024 grants ranged from $1,000 to $100,000, with a median of $5,000. The filing says giving is not restricted to preselected organizations, but does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$12.3M

Grants

323

Total Given

$2.7M

Webster Bank Charitable Foundation

Wilmington, DE

Webster Bank Charitable Foundation funds established 501(c)(3) nonprofits serving low- to moderate-income communities in Webster’s footprint, supporting workforce and community development, financial empowerment, and basic needs. Its 2024 grants had a median of $5,000 and ranged from $50 to $346,732. It accepts applications through an online process on a rolling basis and does not restrict giving to preselected organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$5.0M

Grants

302

Total Given

$4.5M

More Funders in Delaware

Paul & Edith Babson Foundation 106846-000 down — hundreds of funders to go?

Want AI to do this for you?