Babson College

Babson Park, MA, US
501(c)3
EIN
04-2103544
School
Logo for "Babson College"
Babson Park, MA, US
501(c)3
EIN
04-2103544
School

Overview

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Est.

1919

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Babson College is a nonprofit organization dedicated to undergraduate and university education, operating with an impressive budget of $260.9 million and generating total revenue of $358.8 million in the 2024 fiscal year. The college's mission, detailed in its Schedule O, reflects its commitment to fostering entrepreneurial leadership and innovation. Notably, Babson College does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its educational initiatives. For more information, visit their website at www.babson.edu.

Mission Statement

SEE SCHEDULE O
Revenues

$358.8M

Expenses

$324.3M

Net Income:
+$34.5M
Assets

$1.2B

Liabilities

$255.4M

Net Assets:
+$942.4M
Operating Budget

$260.9M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

123

Median grant size
$10K
Largest grant received
$5M
S
Stephen Spinelli
Board Member
R
Richelieu Dennis Jr
Board Member
A
Anthony Chiasson
Board Member

Frequently Asked Questions

What is Babson College’s budget?
In 2024, Babson College reported an annual operating budget of around $260.9 million. More detailed financial information is available to registered users.
What causes does Babson College support?
Babson College supports work in University education and Undergraduate education.
Where does Babson College operate?
Babson College is headquartered in Babson Park, MA.
Who funded Babson College recently?
In 2025, Babson College received grants from ANDREW J & JOYCE D MANDELL FAMILY FOUNDATION INC, AMERICAN ONLINE GIVING FOUNDATION INC, and ELY CHARLES C TR UWILL. More information on this organization’s funders is available to registered users.
What is the largest grant Babson College received in 2024?
The largest grant to Babson College in 2024 exceeds $5 million.
What is Babson College’s reliance on government grants?
Babson College relied on government grants for less than 5% of their total revenue in 2024.
Overview
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