The Mary E Babcock Foundation
- Assets
- $1.7m
- Revenue
- $108.1k
- Investments
- $1.7m
- Employees
- 0
- Location
- Johnstown, OH
- Founding
- 08/1986
- Data as of
- 03/2024
- EIN
- 31-1170451
Organization Overview
The Mary E Babcock Foundation is located in Johnstown, OH. The organization was established in 1986. 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. Mary E Babcock Foundation 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 03/2024, Mary E Babcock Foundation generated $108.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $134.1k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mary E Babcock Foundation has awarded 63 individual grants totaling $1,032,822. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard T Clark Director | 2 | $0 | |
Mary C Thomas Secretary | 2 | $0 | |
David Mathews Treasurer | 2 | $0 | |
Todd Dodderer President | 2 | $0 | |
Steven H Williams Director | 2 | $0 | |
Mrs Sharon Johnson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $60,088 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,964 |
| Capital Gain Net Income | $47,964 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $108,052 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,190 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,374 |
| Total operating and administrative expenses | $3,354 |
| Contributions, gifts, grants paid | $130,715 |
| Total expenses and disbursements | $134,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,371 |
| 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 | $1,676,542 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,688,913 |
| 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 |
Grants Awarded
Over the last fiscal year, The Mary E Babcock Foundation has awarded $130,715 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
APPLE BLOSSOM FLOWERS LANDSCAPING PURPOSE: FLOWERS AND LANDSCAPING OF VICTORY GARDEN, WELCOME SIGNSLANDSCAPING TOWN SQUARE | $7,025 |
JOHNSTOWN MONROE SCHOOL DISTRICT PURPOSE: BIRDHOUSES & ROBOTICS; BATTLE OF THE BOOKS; RIGHT TO READ AUTHOR PRESENTATION | $8,913 |
LICKING COUNTY FOUNDATION PURPOSE: SUPPORT | $101,777 |
OHIO STATE UNIVERISTY PURPOSE: SCHOLARSIP BRYCE ISLER AND CASSIDY ARGYLE | $3,000 |
JOHNSTOWN YOUTH ATHLETIC ASSOCIATION PURPOSE: UPGRADE TO FACILITIES | $10,000 |