The Babcox Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AKRON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.7M in total assets. In 2024, it awarded 20 grants totaling $419K. Net investment income was $1.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.7M
+9.5% YoY
Annual Giving
$419K
-0.3% YoY
Grant Count
20
+11.1% YoY
Avg Grant Size
$21K
-10.3% YoY
Under IRS private-foundation payout rules, The Babcox Family Foundation Inc reported a distributable amount of $351K for 2024 — the minimum it must pay out in qualifying distributions.
About The Babcox Family Foundation Inc
Based on IRS filings
The Babcox Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AKRON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.7M in total assets. In 2024, it awarded 20 grants totaling $419K. Net investment income was $1.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,688,933 | $6,106,161 | $6,258,314 |
| Revenue | $1,030,412 | $293,187 | $338,149 |
| Expenses | $447,640 | $445,340 | $350,850 |
| Qualifying Distributions | $420,000 | $420,100 | $311,200 |
| Net Investment Income | $1,006,125 | $269,997 | $314,355 |
| Distributable Amount | $351,328 | $329,300 | $333,538 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Embracing Futures ($40,000), Family Promise of Summit County ($40,000), Grace House ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACCESS INC AKRON, OH | FOCUS ON THE FUTURE PROGRAM (IMMEDIATE NEEDS FOR HOMLESS CHILDREN) | $25,000 |
| BATTERED WOMEN'S SHELTER AKRON, OH | OPERATING COSTS OF PROGRAMS AND SERVICES FOR DOMESTIC VIOLENCE VICTIMS AND THEIR CHILDREN | $33,000 |
| BOYS AND GIRLS CLUB OF SUMMIT COUNTY AKRON, OH | GENERAL OPERATING FUND | $30,000 |
| BRIGHT STAR BOOKS AKRON, OH | SUPPORT PROGRAM COORDINATOR'S WORK DISTRIBUTING BOOKS TO AKRON AREA CHILDREN | $20,000 |
| DIRECTION HOME UNIONTOWN, OH | ALZHEIMER'S RESPITE PROGRAM | $15,000 |
| EMBRACING FUTURES AKRON, OH | ORTHODONTIC CARE PROGRAM FOR 3 CHILDREN | $40,000 |
| FAMILY PROMISE OF SUMMIT COUNTY AKRON, OH | SUPPORT YEAR TWO OF SURVIVE TO THRIVE INITIATIVE | $40,000 |
| GRACE HOUSE AKRON, OH | SUPPORT CONSTRUCTION COSTS: INCLUDING PREPARATION OF PROPERTY, FOUNDATION, AND WOOD FRAMING | $40,000 |
| NAMI SUMMIT COUNTY AKRON, OH | REEDY HOUSEWARMING PROJECT | $10,000 |
| OPEN M AKRON, OH | SERVICES TO INDIVIDUALS AND FAMILIES LIVING IN POVERTY IN AKRON AND SUMMIT COUNTY | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM EDWARD BABCOX | TRUSTEE | — | — |
| SARAH BABCOX HARRITY | TRUSTEE | — | — |
| LUCY B MORRIS | TRUSTEE | — | — |
| TOM B BABCOX JR | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Babcox Family Foundation Inc?
The Babcox Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AKRON, OH. It holds $6.7M in total assets as of 2024.
How large is The Babcox Family Foundation Inc?
As of 2024, The Babcox Family Foundation Inc holds $6.7M in total assets with $1.0M in annual revenue. It awarded 20 grants totaling $419K in 2024.
Where does The Babcox Family Foundation Inc operate?
The Babcox Family Foundation Inc has awarded grants in Michigan, Minnesota, Ohio.
What size grants does The Babcox Family Foundation Inc award?
In 2024, The Babcox Family Foundation Inc awarded 20 grants totaling $419K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is The Babcox Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Babcox Family Foundation Inc reported a distributable amount of $351K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Babcox Family Foundation Inc's EIN?
The Babcox Family Foundation Inc's EIN (Employer Identification Number) is 34-1787178. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Babcox Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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