EIN 04-6031813

Isabel Babson Memorial Incorporated

Name: Isabel Babson Memorial Incorporated financials for 2024
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Grantmaking|Financials|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Gloucester

State

Massachusetts

Year formed

1963

Most recent tax filings

2024-12-01

NTEE code, primary

T20: Private Foundations

Description

Isabel Babson Memorial Incorporated is a private foundation located in Gloucester, MA. Its primary purpose is to fund scholarships that provide future maternity and newborn nursing services. Additionally, the foundation supports a free library that disseminates information for expectant mothers, newborn care, child development, and the promotion of a healthy family. Grantees include Gloucester High School and other organizations. In the previous year, the foundation made two grants.

Also known as...

Isabel Babson Memorial

Total revenues

$683,186

2024

Total expenses

$212,902

2024

Total assets

$4,314,809

2024

Num. employees

2024

Program areas at Isabel Babson Memorial Incorporated

Free library which disseminates information for expectant mothers newborn care child development and promotion of a healthy family life.

Grants made by Isabel Babson Memorial Incorporated

Grantee	Grant description	Grant year	Amount
University of New Hampshire	Scholarship To Provide Future Maternity and Newborn Nursing Services.	2024-12	$8,000
Psi Chi - University of Massachusetts Boston	Scholarship To Provide Future Maternity and Newborn Nursing Services.	2024-12	$4,000
Quinnipiac University	Scholarship To Provide Future Maternity and Newborn Nursing Services.	2024-12	$4,000
...and 2 more grants made

Financials for Isabel Babson Memorial Incorporated

Revenues	FYE 12/2024	FYE 12/2023	% Change
Total grants, contributions, etc.	$0	$0	-
Investment income and dividends	$87,161	$59,814	45.7%
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$596,025	$-38,206	1660%
Gross sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$683,186	$21,608	3061.7%

Organizations like Isabel Babson Memorial Incorporated

Organization	Type	Location	Revenue
Nashua Historical Society	501(c)(3)	Nashua, NH	$294,947
Ralph Waldo Emerson Memorial Association	501(c)(3)	Boston, MA	$723,623
Redington Memorial Home Attn Ted Susi	501(c)(3)	Skowhegan, ME	$1,185,881
Keramida Foundation for Education and Art	501(c)(3)	Indianapolis, IN	$200,000
Plus 91 Foundation	501(c)(3)	Brooklyn, NY	$2,932,709
Frank L Vandersloot Foundation	501(c)(3)	Idaho Falls, ID	$1,321,234
Collins-Binkley Foundation	501(c)(3)	Mckinney, TX	$330,398
Noah's Ark Child Center	501(c)(3)	Greensburg, PA	$986,475
Dime Volleyball Center	501(c)(3)	Tustin, CA	$531,570
Center for Scholarship Administration	501(c)(3)	Taylors, SC	$1,127,504

Data update history

April 21, 2025

Posted financials

Added Form 990PF for fiscal year 2024

May 26, 2024

Posted financials

Added Form 990PF for fiscal year 2023

November 25, 2023

Posted financials

Added Form 990PF for fiscal year 2021

November 25, 2023

Posted financials

Added Form 990PF for fiscal year 2020

June 15, 2023

Posted financials

Added Form 990PF for fiscal year 2022

Nonprofit Types

Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities

Issues

EducationArts, cultural, and humanitiesHistory

Characteristics

Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees

General information

Address: 69 Main St; Gloucester, MA 01930
Metro area: Boston-Cambridge-Newton, MA-NH
County: Essex County, MA
Phone: (978) 283-5624

IRS details

EIN: 04-6031813
Fiscal year end: December
Taxreturn type: Form 990-PF
Year formed: 1963
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: T20: Private Foundations
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

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Isabel Babson Memorial Incorporated

Program areas at Isabel Babson Memorial Incorporated

Grants made by Isabel Babson Memorial Incorporated

Financials for Isabel Babson Memorial Incorporated

Organizations like Isabel Babson Memorial Incorporated

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