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
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
**
Ready to take the next step with Paul & Edith Babson Foundation 106846-000?
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
No grants recorded for .
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 FoundationData last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Paul & Edith Babson Foundation 106846-000 on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities