The Babcock Family Foundation

SHERRILLS FORD, NC EIN: 20-5272437

The Babcock Family Foundation is a private foundation focused on Education, based in SHERRILLS FORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 16 grants totaling $165K. Net investment income was $207K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+1.8% YoY

Annual Giving

$165K

+38.5% YoY

Grant Count

16

+23.1% YoY

Avg Grant Size

$10K

+12.5% YoY

Under IRS private-foundation payout rules, The Babcock Family Foundation reported a distributable amount of $129K for 2024 — the minimum it must pay out in qualifying distributions.

About The Babcock Family Foundation

Based on IRS filings

The Babcock Family Foundation is a private foundation focused on Education, based in SHERRILLS FORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 16 grants totaling $165K. Net investment income was $207K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

BethesdaCharlotte HighwayCoon RapidsCorneliusFederal WayMooresevilleMooresvilleMoorsevilleNeedhamNew YorkNorth CantonOceansideOldwickOrlandoPaoliQuincySan DiegoSpartaSpruce CreekState College

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$86K$173K$259K$345K20202021202220232024
Metric202420232022
Total Assets$2,203,899$2,165,222$2,185,461
Revenue$173,261$104,047$76,118
Expenses$170,786$128,638$158,790
Qualifying Distributions$168,036$127,206$154,662
Net Investment Income$206,715$111,034$84,838
Distributable Amount$128,651$113,739$122,128

Giving Over Time

Total grant dollars and number of grants per year

$0$41K$82K$124K$165K6 grants20204 grants202114 grants202213 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cove Church$45KFeedNC$35KFeed My Starving Children$34KCRU - Campus Crusade for…$10KZawadi Fund International$10KYay Day$10KLake Norman Area High Sc…$8KFellowship for Performin…$5KCheyenne Wiley co Stark …$4KDove House$1K

Grant Size Distribution

53 grants across all recorded years

51<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cove Church ($45,000), FeedNC ($35,000), Feed My Starving Children ($34,320).

RecipientPurposeAmount
CRU - Campus Crusade for Christ International Orlando, FLFurther programs$10,000
Cheyenne Wiley co Stark State Colle North Canton, OHWileyScholarship$4,468
Zawadi Fund International Paoli, PAFuther Programs$10,000
Cove Church Mooreseville, NCFurther Church programs$45,000
Feed My Starving Children Coon Rapids, MNEliminate hunger$34,320
Yay Day Cornelius, NCPrograms to benefitcommunitiesin need$10,000
Turning Point Ministries San Diego, CAPromote radioministry & Christian books$110
Dove House Statesville, NCChildren AdvocacyCenterFurther programing$1,200
Fellowship for Performing Arts New York, NYPrograms to promoteChristian theatre$5,000
Disciplemakers Inc State College, PAChristian campusministry$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Edward E Babcock JrTrustee1
Rosemary BabcockTrustee1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Babcock Family Foundation?

The Babcock Family Foundation is a private foundation focused on Education, based in SHERRILLS FORD, NC. It holds $2.2M in total assets as of 2024.

How large is The Babcock Family Foundation?

As of 2024, The Babcock Family Foundation holds $2.2M in total assets with $173K in annual revenue. It awarded 16 grants totaling $165K in 2024.

Where does The Babcock Family Foundation operate?

The Babcock Family Foundation has awarded grants in California, Florida, Illinois, Massachusetts, Maryland, Minnesota, Missouri, North Carolina, New Jersey, New York, Ohio, Pennsylvania, Washington, Wisconsin.

What size grants does The Babcock Family Foundation award?

In 2024, The Babcock Family Foundation awarded 16 grants totaling $165K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is The Babcock Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Babcock Family Foundation reported a distributable amount of $129K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Babcock Family Foundation's EIN?

The Babcock Family Foundation's EIN (Employer Identification Number) is 20-5272437. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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