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Also known as: C/O WILMINGTON TRUST 106846-000
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Paul And Edith Babson Foundation is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 1960. The principal officer is Wilmington Trust 106846-000. It holds total assets of $9.2M. Annual income is reported at $5.3M. Total assets have grown from $5.4M in 2011 to $9.2M in 2024. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2024. According to available records, Paul And Edith Babson Foundation has made 3 grants totaling $2M, with a median grant of $668K. The foundation has distributed between $644K and $720K annually from 2021 to 2023. Individual grants have ranged from $644K to $720K, with an average award of $677K. Grant recipients are concentrated in Delaware. 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.
Paul And Edith Babson Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in DE.
Paul And Edith Babson Foundation has distributed a total of $2M across 3 grants. The median grant size is $668K, with an average of $677K. Individual grants have ranged from $644K to $720K.
The application deadline is POSTMARKED BY APRIL 1 OR SEPT 25. With few exceptions, preference is given to massachusetts charities and educational organizations.
Paul And Edith Babson Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Babson | TRUSTEE, REMOVED 4/2/22 | $0 | $0 | N/A |
| Senani Babson | TRUSTEE | $0 | $0 | N/A |
| Philip Hall Co Gma Foundations | TRUSTEE | $0 | $0 | N/A |
| Maithri Babson | TRUSTEE, APPTED EFF 5/5/22 | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.2M
Fair Market Value
N/A
Net Worth
$9.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$2M
Average Grant
$677K
Median Grant
$668K
Unique Recipients
1
Most Common Grant
$644K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached List Of GrantsGENERAL PURPOSE | Wilmington, DE | $644K | 2023 |