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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 $3.4M. Free library which disseminates information for expectant mothers newborn care child development and promotion of a healthy family life. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. 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.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$196K
Total Assets
$3.9M
Fair Market Value
$3.9M
Net Worth
$3.9M
Grants Paid
$20K
Contributions
N/A
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 |