Babson-Webber-Mustard Fund is located in Brewster, MA. The organization was established in 1960. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Babson-Webber-Mustard Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Babson-Webber-Mustard Fund generated $19.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (34.0%) each year. All expenses for the organization totaled $338.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Babson-Webber-Mustard Fund has awarded 774 individual grants totaling $2,106,237. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Judith Rhome Trustee | 5 | $17,000 | |
Robert S Hoffman III Trustee | 5 | $17,000 | |
Jesse M Putney Trustee | 5 | $17,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $404 |
Dividends & Interest | $133,390 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$121,431 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $7,391 |
Total Revenue | $19,754 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $51,000 |
Other employee salaries and wages | $39,417 |
Pension plans, employee benefits | $8,401 |
Interest | $0 |
Taxes | $70 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $58,628 |
Total operating and administrative expenses | $201,775 |
Contributions, gifts, grants paid | $136,500 |
Total expenses and disbursements | $338,275 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $67,867 |
Savings and temporary cash investments | $38,600 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $4,728,181 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Babson-Webber-Mustard Fund has awarded $136,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
GRANTS TO ASSIST 145 NEEDY MASS IND PURPOSE: DIRECT ASSIST TO NEEDY MASS RESIDENT | $98,700 |
GRANTS TO ASSIST 27 MASS CHARITIES PURPOSE: ASSIST MASS CHARITABLE ORGANIZATIONS | $37,800 |