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Nell W Babb Trust Uw is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2002. The principal officer is Bank Of America N A. It holds total assets of $435K. Annual income is reported at $100K. 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 2017 to 2024. Grantmaking is concentrated in Georgia. According to available records, Nell W Babb Trust Uw has made 12 grants totaling $60K, with a median grant of $5K. Annual giving has decreased from $42K in 2023 to $18K in 2024. Individual grants have ranged from $5K to $5K, with an average award of $5K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$4K
Average Grant
$4K
Largest Grant
$4K
Based on 4 grants from the most recent 990-PF filing.
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.
Nell W Babb Trust Uw primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in GA.
Nell W Babb Trust Uw has distributed a total of $60K across 12 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $5K.
Nell W Babb Trust Uw typically selects its grantees rather than accepting unsolicited proposals.
Nell W Babb Trust Uw is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $7K | $0 | $7K |
Total Giving
$27K
Total Assets
$426K
Fair Market Value
$489K
Net Worth
$426K
Grants Paid
$18K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$23K
Total Grants
12
Total Giving
$60K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rabun Gap-NacoocheeUNRESTRICTED GENERAL | Rabun Gap, GA | $5K | 2024 |
| Lovejoy United MethodistUNRESTRICTED GENERAL | Lovejoy, GA | $5K | 2024 |
| Children'S Healthcare Of AtlantaUNRESTRICTED GENERAL | Atlanta, GA | $5K | 2024 |
| Young Harris CollegeUNRESTRICTED GENERAL | Young Harris, GA | $5K | 2024 |