Stephenson Pope Babcock Foundation
- Assets
- $1.3m
- Revenue
- $120.9k
- Investments
- $1.2m
- Employees
- 0
- Location
- Winstonsalem, NC
- Founding
- 03/1997
- Data as of
- 09/2023
- EIN
- 56-2000456
Organization Overview
Stephenson Pope Babcock Foundation is located in Winstonsalem, NC. The organization was established in 1997. 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. Stephenson Pope 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 09/2023, Stephenson Pope Babcock Foundation generated $120.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $127.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stephenson Pope Babcock Foundation has awarded 205 individual grants totaling $1,088,500. 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 |
|---|---|---|---|
Anne Babcock Vice President | 0 | $0 | |
Bruce Babcock President | 0 | $0 | |
Luke Babcock Vice President | 0 | $0 | |
Thomas Babcock Vice President | 0 | $0 | |
Alice Pearce Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,520 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,929 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,496 |
| Capital Gain Net Income | $83,496 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $265 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,096 |
| Printing and publications | $0 |
| Other expenses | $3,940 |
| Total operating and administrative expenses | $15,476 |
| Contributions, gifts, grants paid | $112,000 |
| Total expenses and disbursements | $127,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $117,462 |
| 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 | $1,287,176 |
| 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, Stephenson Pope Babcock Foundation has awarded $112,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AFTEE PURPOSE: CHARITABLE USE | $15,000 |
CENTER FOR COMPREHENSIVE HEALTH PRACTICE PURPOSE: CHARITABLE USE | $10,000 |
READ WRITE SPELL PURPOSE: CHARITABLE USE | $12,000 |
FISH REEF PROJECT PURPOSE: CHARITABLE USE | $10,000 |
THE CONSERVATION FUND PURPOSE: CHARITABLE USE | $5,000 |
FOLDS OF HONOR PURPOSE: CHARITABLE USE | $5,000 |