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Isabel Babson Memorial Incorporated is a private corporation based in GLOUCESTER, MA. The foundation received its IRS ruling in 1963. The principal officer is % John J Sweeney. It holds total assets of $4.3M. Annual income is reported at $3.5M. Free library which disseminates information for expectant mothers newborn care child development and promotion of a healthy family life. According to available records, Isabel Babson Memorial Incorporated has made 2 grants totaling $25K, with a median grant of $13K. Individual grants have ranged from $5K to $20K, with an average award of $13K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Free library which disseminates information for expectant mothers newborn care child development and promotion of a healthy family life.
Expenses: $194K
Free library which disseminates information for expectant mothers newborn care child development and promotion of a healthy family life. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MA.
Isabel Babson Memorial Incorporated has distributed a total of $25K across 2 grants. The median grant size is $13K, with an average of $13K. Individual grants have ranged from $5K to $20K.
Isabel Babson Memorial Incorporated typically selects its grantees rather than accepting unsolicited proposals.
Isabel Babson Memorial Incorporated is headquartered in GLOUCESTER, MA.
Total Giving
$196K
Total Assets
$3.9M
Fair Market Value
$3.9M
Net Worth
$3.9M
Grants Paid
$20K
Contributions
$0
Net Investment Income
$60K
Distribution Amount
$186K
Total: $3.4M
Total Grants
2
Total Giving
$25K
Average Grant
$13K
Median Grant
$13K
Unique Recipients
2
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gloucester High SchoolScholarship to provide future maternity and newborn nursing services | Gloucester, MA | $20K | 2022 |
| Rockport High SchoolScholarship to provide future maternity and newborn nursing services | Rockport, MA | $5K | 2022 |
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