EIN 04-2103544

Babson College

IRS 501(c) type
501(c)(3)
Num. employees
2,032
City
Babson Park
Year formed
1919
Most recent tax filings
2022-06-01
Description
Babson College is a global leader in management education with approximately 2000 undergraduate and 1200 graduate enrollment. We educate men and women to be entrepreneurial leader in rapidly changing world.
Also known as...
R Babson Tuw 25c A and B
Total revenues
$397,619,450
2022
Total expenses
$280,964,776
2022
Total assets
$1,081,136,455
2022
Num. employees
2,032
2022

Program areas at Babson College

Babson College enrolls approximately 2,350 undergraduate and nearly 1,000 graduate students from the united states and more than 80 countries worldwide. The College offers education in business and liberal arts, and it grants the bachelor of science degree through its undergraduate program. The College also grants master of business administration degrees and custom master of science degrees through the f.w. Olin graduate school of business at Babson College. Additionally, Babson offers distinct executive education programs to help companies reach their strategic goals.

Who funds Babson College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Arthur M Blank Family FoundationThe Arthur M. Blank School of Entrepreneurial Leadership$4,300,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$2,391,003
Goldman Sachs FoundationGrant To Manage and Provide Oversight of Program Delivery and the 10,000 Small Businesses National Curriculum Across All Local Partners.$2,088,444
...and 103 more grants received totalling $14,650,621
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$10,436,398
Department of EducationCOVID-19 - HIGHER EDUCATION EMERGENCY RELIEF FUNDS - INSTITUTIONAL PORTION$2,192,421
Department of EducationFEDERAL PELL GRANT PROGRAM$2,167,946
...and 6 more federal grants / contracts

Personnel at Babson College

NameTitleCompensation
Katherince CravenCao and Chief Financial Officer
Katherine CravenBoard Member$443,591
D R WidderVice President of Innovation$358,011
Edward ChiuSenior Vice President of Advancement See SCH O. / Senior Vice President of Advanc. / Senior Vice President of Advancement / Senior Vice President Advncmnt / Senior Vice President for Advancement$586,878
Donna BonaparteBoard Member$236,050
...and 15 more key personnel

Financials for Babson College

RevenuesFYE 06/2022
Total grants, contributions, etc.$64,936,566
Program services$244,383,907
Investment income and dividends$6,720,304
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,308,930
Net gain from sale of non-inventory assets$78,269,820
Net income from fundraising events$67
Net income from gaming activities$-144
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$397,619,450

Form 990s for Babson College

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-12990View PDF
2021-062022-05-03990View PDF
2020-062021-05-26990View PDF
2019-062020-10-14990View PDF
2018-062019-06-19990View PDF
...and 10 more Form 990s
Data update history
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 11, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
July 3, 2023
Updated personnel
Identified 7 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 11, 2023
Updated personnel
Identified 8 new personnel
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
231 Forest St
Babson Park, MA 02457
County
Norfolk County, MA
Website URL
babson.edu/ 
Phone
(781) 235-1200
Facebook page
babsoncollege 
Twitter profile
@babson 
IRS details
EIN
04-2103544
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1919
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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