The Daniel P Babb Trust
The Daniel P Babb Trust is a private foundation, based in Ashland, KY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $992K in total assets. In 2025, it awarded 2 grants totaling $60K. Net investment income was $37K.
The Daniel P Babb Trust at a glance
In short: The Daniel P Babb Trust gave $60K across 2 grants in 2025 (avg $30K), mostly in West Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $60,000
- +0.0% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $30,000
- +0.0% vs 2024
- Median grant
- $30,000
- Total assets
- $991,987
- -2.4% vs 2024
- Primary geography
- West Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Daniel P Babb Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Marshall Univ Foundation ($60K across 2 grants).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How The Daniel P Babb Trust gives
- Giving held roughly steady from 2022 to 2025 (−6%). Method
- In 2025 it paid out 90% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $58K (2021) to $64K (2022). In 2025 it made 2 grants totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Marshall Univ Foundation Huntington, WV | Scholarships for Chemistry Students | $30,000 |
| Marshall Univ Foundation Huntington, WV | Student Travel Fund for Chem MTGS | $30,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $991,987 | $52,787 | $76,882 | $60,000 | 2 | $60,000 | $37,196 | $66,692 |
| 2024 | $1,016,082 | $69,193 | $74,949 | $60,000 | 2 | $60,000 | $54,516 | $62,013 |
| 2023 | $1,021,838 | $27,243 | $73,159 | $60,000 | 2 | $60,000 | $12,493 | $56,053 |
| 2022 | $1,067,754 | $16,971 | $81,440 | $64,000 | 2 | $64,000 | $2,582 | $58,743 |
| 2021 | $1,132,223 | $137,707 | $74,509 | $58,000 | 2 | $58,000 | $121,417 | $63,869 |
| 2020 | $1,069,025 | $70,590 | $75,380 | $60,000 | 2 | — | $55,969 | $56,151 |
| 2019 | $1,073,815 | $98,732 | $73,235 | $60,000 | 2 | — | $83,493 | $54,480 |
Under IRS private-foundation payout rules, The Daniel P Babb Trust reported a distributable amount of $67K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Daniel P Babb Trust is led by Brian K. Wilt, Trustee on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Brian K. Wilt
Trustee
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Daniel P Babb Trust
How much does The Daniel P Babb Trust give each year?
The Daniel P Babb Trust gave $60K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 2 grants.
How large is The Daniel P Babb Trust?
The Daniel P Babb Trust reported $992K in total assets on its 2025 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $67K (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.
Where does The Daniel P Babb Trust operate?
The Daniel P Babb Trust has awarded grants in West Virginia.
What is The Daniel P Babb Trust's EIN?
The Daniel P Babb Trust's EIN (Employer Identification Number) is 47-6661709. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 22, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 21, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 27, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
Live grants for the work The Daniel P Babb Trust funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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