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Paul and Edith Babson Foundation

Profile

Last Updated: 2016-05-11

At A Glance

Paul and Edith Babson Foundation

77 Summer St., 8th Fl.

Boston, MA United States 02110-1006

Telephone: (617) 391-3088

URL: pebabsonfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $13,091,448

Total giving: $584,995

EIN

046037891

Bridge Number

0049135072

Background

Trust established in 1957 in MA

Purpose and Activities

The competitive grant program focuses on providing opportunities for the people of Greater Boston, Massachusetts, through grants in four program areas: entrepreneurship and economic development, culture, education and leadership development, environment and community building, and health and social services.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Culture, Education and Leadership Development

Programs focused on cultural, educational and leadership development opportunities for young people through team sports, art, dance, music, and theater.

Entrepreneurship and Economic Development

Programs focused on providing and encouraging youth and community entrepreneurship education, community economic development, job training for youth, and urban youth business and enterprise initiatives.

Environment and Community Building

Programs focused on community building through urban community gardens and urban green space initiatives.

Fields of Interest

Subjects
  • Arts and culture
  • Community beautification
  • Economic development
  • Education
  • Entrepreneurship
  • Sustainable development
  • Youth services
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $13,091,448 (market value)

Expenditures: $726,884

Total giving: $584,995

Qualifying distributions: $620,393