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Also known as: BRIAN K WILT TRUSTEE
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Daniel P Babb Trust is a private trust based in ASHLAND, KY. The foundation received its IRS ruling in 2016. It holds total assets of $1M. Annual income is reported at $597K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Daniel P Babb Trust has made 10 grants totaling $306K, with a median grant of $30K. The foundation has distributed between $58K and $128K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $128K distributed across 4 grants. Individual grants have ranged from $29K to $32K, with an average award of $31K. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Daniel P Babb Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in WV.
Daniel P Babb Trust has distributed a total of $306K across 10 grants. The median grant size is $30K, with an average of $31K. Individual grants have ranged from $29K to $32K.
Daniel P Babb Trust typically selects its grantees rather than accepting unsolicited proposals.
Daniel P Babb Trust is headquartered in ASHLAND, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brian K Wilt | TRUSTEE | $0 | $0 | N/A |
Total Giving
$73K
Total Assets
$1M
Fair Market Value
$1.2M
Net Worth
$1M
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$56K
Total Grants
10
Total Giving
$306K
Average Grant
$31K
Median Grant
$30K
Unique Recipients
1
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Marshall Univ FoundationSCHOLARSHIPS FOR CHEMISTRY STUDENTS | Huntington, WV | $30K | 2023 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY