Paul & Edith Babson Foundation 106846-000
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.
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.
The foundation’s 2025 filing says it does not restrict giving to preselected organizations. Applicants are instructed to submit two copies of the AGM or NGG common grant application. With few exceptions, preference is given to Massachusetts charities and educational organizations.
Review Cycle
Applications must be postmarked by April 1 or September 25.
How to Apply
Submit two copies of the AGM or NGG common grant application. The filing lists GMA Foundations, attention Anna Doggett, as the application contact.
Open Grants
1 open opportunity from Paul & Edith Babson Foundation 106846-000
Ready to take the next step with Paul & Edith Babson Foundation 106846-000?
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
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The most common grant size was in the $500K–1M range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached List of Grants Wilmington, DE | General 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) |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2025)
- 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.
Here's the math on researching Paul & Edith Babson Foundation 106846-000 by hand.
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