Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
SUSAN A & DONALD P BABSON FOUNDATION CO
 
Number and street (or P.O. box number if mail is not delivered to street address)1100 NORTH MARKET STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198900001
A Employer identification number

04-6782460
B Telephone number (see instructions)

C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$6,578,637J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 164,806 163,197  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 334,555
b Gross sales price for all assets on line 6a 1,958,008
7 Capital gain net income (from Part IV, line 2)... 334,555
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 1,215    
12 Total. Add lines 1 through 11........ 500,576 497,752  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 47,941     47,941
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
20,568     20,568
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
6,550 4,000   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,219 3,149   70
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 78,278 7,149 0 68,579
25 Contributions, gifts, grants paid....... 260,200 260,200
26 Total expenses and disbursements. Add lines 24 and 25 338,478 7,149 0 328,779
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 162,098
b Net investment income (if negative, enter -0-) 490,603
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 7,418 5,081 5,081
2 Savings and temporary cash investments......... 285,871 244,889 244,889
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,809,687 Click to see attachment
List of Attached Documents:
// Content
2,942,978 		5,212,015
c Investments—corporate bonds (attach schedule)....... 1,074,862 Click to see attachment
List of Attached Documents:
// Content
1,144,863 		1,116,652
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,177,838 4,337,811 6,578,637
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 4,177,838 4,337,811
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,177,838 4,337,811
30 Total liabilities and net assets/fund balances (see instructions). 4,177,838 4,337,811
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,177,838
2
Enter amount from Part I, line 27a .....................
2
162,098
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,902
4
Add lines 1, 2, and 3 ..........................
4
4,344,838
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
7,027
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,337,811
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a . CLASS ACTION SETTLEMENT     2023-04-06
b 2219.233 AMG RIVER RD SM-CAP VALUE FD CL I     2023-09-18
c 1025. AT&T INC   2017-06-16 2023-09-18
d 780. ALPHABET INC CL A   2014-12-19 2023-09-18
e 785. ALPHABET INC CL A   2014-12-19 2023-12-12
325. APPLE COMPUTER INC COMMON   2011-09-28 2023-09-18
230. APPLE COMPUTER INC COMMON   2011-09-28 2023-12-12
2131.988 ARTISAN SMALL CAP FUND CL INST     2023-06-26
775. FIRSTENERGY CORPORATION   2020-08-03 2023-09-18
225. GILEAD SCIENCES INCORPORATED   2014-12-19 2023-09-18
722. ISHARES S&P SMALL-CAP 600 VALUE ETF     2023-06-26
2250. ISHARES MSCI EAFE VALUE ETF     2023-07-10
300. J P MORGAN CHASE & CO COM   2011-09-28 2023-12-12
245. JOHNSON & JOHNSON COMMON ~     2023-12-12
1000. METLIFE INCORPORATED   2012-05-31 2023-09-18
231. PNC FINANCIAL SERVICES GROUP INC   2022-06-07 2023-09-18
450. PROCTER & GAMBLE CO COM   1995-08-15 2023-09-18
232. QUALCOMM INCORPORATED   2011-08-29 2023-09-18
247. WARNER BROS DISCOVERY INC CL A   2017-06-16 2023-09-18
5046.082 WILMINGTON GLOBAL ALPHA EQUITIES FD     2023-05-24
4953.469 WILMINGTON GLOBAL ALPHA EQUITIES FD   2020-04-08 2023-06-26
8858.65 WILMINGTON REAL ASSET FUND-I     2023-05-24
8641.35 WILMINGTON REAL ASSET FUND-I     2023-06-26
14021.411 WILMINGTON INTERNATIONAL FUND-I     2023-05-24
567.913 WILMINGTON INTERNATIONAL FUND-I   2022-12-12 2023-06-26
12722.435 WILMINGTON INTERNATIONAL FUND-I     2023-06-26
25739.745 WILMINGTON BROAD MARKET BOND FUND -I   2020-07-07 2023-05-24
25620.611 WILMINGTON BROAD MARKET BOND FUND -I     2023-06-26
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6     6
b 33,000   26,173 6,827
c 15,490   30,321 -14,831
d 107,567   20,240 87,327
e 104,073   20,370 83,703
58,164   4,631 53,533
44,582   3,277 41,305
67,904   72,079 -4,175
28,471   18,563 9,908
17,048   24,541 -7,493
66,443   72,893 -6,450
108,206   116,795 -8,589
47,987   9,268 38,719
37,935   4,994 32,941
66,087   26,209 39,878
28,868   39,922 -11,054
69,379   7,688 61,691
26,329   11,401 14,928
2,883   9,461 -6,578
59,897   55,394 4,503
59,442   54,042 5,400
114,188   127,457 -13,269
113,202   105,899 7,303
115,256   122,545 -7,289
4,646   4,509 137
104,070   110,160 -6,090
222,134   267,179 -45,045
222,643   257,442 -34,799
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
      12,108
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       6
b       6,827
c       -14,831
d       87,327
e       83,703
      53,533
      41,305
      -4,175
      9,908
      -7,493
      -6,450
      -8,589
      38,719
      32,941
      39,878
      -11,054
      61,691
      14,928
      -6,578
      4,503
      5,400
      -13,269
      7,303
      -7,289
      137
      -6,090
      -45,045
      -34,799
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 334,555
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 6,819
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 6,819
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,819
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 4,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 2,819
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowWILMINGTON TRUST COMPANY Telephone no.right arrow (302) 651-1040

Located atright arrow1100 NORTH MARKET STREETWILMINGTONDE ZIP+4right arrow198900001
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
WILMINGTON TRUST COMPANY CO-TRUSTEE
1 		42,941    
1100 NORTH MARKET STREET
WILMINGTON,DE19890
DEBORAH BABSON CO-TRUSTEE
1 		0    
1100 NORTH MARKET ST
WILMINGTON,DE198900900
AVERILL BABSON CO-TRUSTEE
1 		0    
1100 NORTH MARKET STREET
WILMINGTON,DE198900900
JAMES A BABSON CO-TRUSTEE
1 		0    
1100 NORTH MARKET ST
WILMINGTON,DE198900900
RICHARD L BABSON CO-TRUSTEE
1 		0    
1100 NORTH MARKET ST
WILMINGTON,DE198900900
RAY CONSIDINE CO-TRUSTEE
1 		5,000    
1100 NORTH MARKET STREET
WILMINGTON,DE198900900
MAITHRI B BABSON CO-TRUSTEE
1 		0    
1100 NORTH MARKET ST
WILMINGTON,DE198900900
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,960,921
b
Average of monthly cash balances.......................
1b
269,381
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
6,230,302
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
6,230,302
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
93,455
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,136,847
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
306,842
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
306,842
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
6,819
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,819
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
300,023
4
Recoveries of amounts treated as qualifying distributions................
4
1,000
5
Add lines 3 and 4............................
5
301,023
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
301,023
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
328,779
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
328,779
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 301,023
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 26,497
f Total of lines 3a through e ........ 26,497
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 328,779
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 301,023
e Remaining amount distributed out of corpus 27,756
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 54,253
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		54,253
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 26,497
e Excess from 2023.... 27,756
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

PATHWAY TO POSSIBLE

1301 CENTRE STREET
NEWTON,MA02459 		NONE TAX EXEMPT GENERAL 10,000

BRADY CENTR TO PREVENT GUN VIOLENCE

14200 PARK MEADOW DRIVE
CHANTILLY,VA20151 		NONE TAX EXEMPT GENERAL 1,000

HUMAN RIGHTS WATCH

350 5TH AVE
NEW YORK,NY10118 		NONE TAX EXEMPT GENERAL 10,000

MEENAKSHI FOUNDATION INC

8 COPPER BEECH LANE
GREAT BARRINGTON,MA01230 		NONE TAX EXEMPT GENERAL 10,000

PLANNED PARENTHOOD FEDERATION

123 WILLIAM STREET FLOOR 10
NEW YORK,NY10038 		NONE TAX EXEMPT GENERAL 1,500

SOUTH BRONX UNITED

814 RIVER AVENUE
BRONX,NY10451 		NONE TAX EXEMPT GENERAL 2,000

THE POSSIBILITIES PROJECT

104 W 27TH STREET
NEW YORK,NY10001 		NONE TAX EXEMPT GENERAL 1,000

THE WINSOR SCHOOL

103 PILGRIM ROAD
BOSTON,MA02215 		NONE TAX EXEMPT GENERAL 1,000

WOMENS REFUGEE COMMISSION

15 W 37TH STREET
NEW YORK,NY10018 		NONE TAX EXEMPT GENERAL 2,000

ARAB-AMERICAN FAMILY SUPPORT CENTER

150 COURT STREET
BROOKLYN,NY11201 		NONE TAX EXEMPT GENERAL 1,050

CHILDRENS DEFENSE FUND

840 FIRST STREET NE
WASHINGTON,DC20002 		NONE TAX EXEMPT GENERAL 1,000

DC SCORES

1140 CONNECTICUT AVE NW
WASHINGTON,DC20036 		NONE TAX EXEMPT GENERAL 1,000

HARLEM EDUCATIONAL ACTIVITIES FUND

2090 ADAM CLAYTON POWELL JR BLVD
NEW YORK,NY10027 		NONE TAX EXEMPT GENERAL 5,000

INTERNATIONAL RESCUE COMMITTEE

122 E 42ND STREET
NEW YORK,NY10168 		NONE TAX EXEMPT GENERAL 1,000

SANDY HOOK PROMISE FOUNDATION

PO BOX 3489
NEWTOWN,CT06470 		NONE TAX EXEMPT GENERAL 1,000

NEW AMERICAN PATHWAYS

2300 HENDERSON MILL ROAD
ATLANTA,GA30345 		NONE TAX EXEMPT GENERAL 2,000

THE SAFINA CENTER

80 N COUNTRY ROAD
SETAUKET,NY11733 		NONE TAX EXEMPT GENERAL 1,000

COMMUNITY VOLUNTEER TRANSPORTATION
COMPANY
375 JAFFREY ROAD
PETERBOROUGH,NH03458 		NONE TAX EXEMPT GENERAL 1,000

FEEDING AMERICA

1627 I STREET NW
WASHINGTON,DC20006 		NONE TAX EXEMPT GENERAL 5,000

FRIENDS OF THE PUBLIC GARDEN

69 BEACON STREET
BOSTON,MA02108 		NONE TAX EXEMPT GENERAL 2,550

ME2 ORCHESTRA INC

85 E NEWTON STREET
BOSTON,MA02118 		NONE TAX EXEMPT GENERAL 1,000

MONADNOCK AT HOME

54 MAIN STREET
JAFFREY,NH03452 		NONE TAX EXEMPT GENERAL 1,000

NEADS INC

PO BOX 1100
PRINCETON,MA01541 		NONE TAX EXEMPT GENERAL 1,000

WORLD CENTRAL KITCHEN

200 MASSACHUSETTS AVE NW
WASHINGTON,DC20001 		NONE TAX EXEMPT GENERAL 3,500

WORLD HEALTH FOUNDATION

885 2ND AVENUE
NEW YORK,NY10017 		NONE TAX EXEMPT GENERAL 3,500

CROTCHED MOUNTAIN FOUNDATION

186 GRANITE STREET
MANCHESTER,NH03101 		NONE TAX EXEMPT GENERAL 3,000

GIFT OF ADOPTION FUND

1200 SHERMER ROAD
NORTHBROOK,IL60062 		NONE TAX EXEMPT GENERAL 8,000

MASSACHUSETTS ADOPTION RESOURCE
EXCHANGE
19 NEEDHAM STREET
NEWTON,MA02461 		NONE TAX EXEMPT GENERAL 4,000

MIRIAMS KITCHEN

2401 VIRGINIA AVE NW
WASHINGTON,DC20037 		NONE TAX EXEMPT GENERAL 2,000

PERKINS SCHOOL FOR THE BLIND

175 N BEACON STREET
WATERTOWN,MA02472 		NONE TAX EXEMPT GENERAL 3,500

PRADER-WILLI SYNDROME ASSOCIATION

8588 POTTER PARK DRIVE
SARASOTA,FL34238 		NONE TAX EXEMPT GENERAL 4,000

REACH BEYOND DOMESTIC VIOLENCE

PO BOX 540024
WALTHAM,MA02454 		NONE TAX EXEMPT GENERAL 4,000

AMERICAN CIVIL LIBERTIES UNION

ONE CENTER PLAZA
BOSTON,MA02108 		NONE TAX EXEMPT GENERAL 2,000

CENTER FOR ARMS CONTROL

820 1ST STREET NE
WASHINGTON,DC20002 		NONE TAX EXEMPT GENERAL 1,000

HITCHCOCK CENTER FOR THE ENVIRONMENT

845 WEST STREET
AMHERST,MA01002 		NONE TAX EXEMPT GENERAL 1,000

MASSACHUSETTS PEACE ACTION EDUCATION

11 GARDEN STREET
CAMBRIDGE,MA02138 		NONE TAX EXEMPT GENERAL 5,000

NIPPONZAN MYOHOJI-NEW ENGLAND

100 CAVE HILL ROAD
LEVERETTE,MA01054 		NONE TAX EXEMPT GENERAL 10,550

NONVIOLENT PEACEFORCE

2610 UNIVERSITY AVE W
ST PAUL,MN55114 		NONE TAX EXEMPT GENERAL 1,000

PEACE ACTION EDUCATION FUND

8630 FENTON STREET
SILVER SPRING,MD20910 		NONE TAX EXEMPT GENERAL 1,000

SIRIUS INC

72 BAKER ROAD
SHUTESBURY,MA01072 		NONE TAX EXEMPT GENERAL 2,000

SOUTH AFRICA PARTNERS

89 SOUTH STREET
BOSTON,MA02108 		NONE TAX EXEMPT GENERAL 1,000

UNITED NATIONS ASSOCIATION OF BOSTON

529 MAIN STREET
CHARLESTOWN,MA02129 		NONE TAX EXEMPT GENERAL 1,000

WHITE EARTH LAND RECOVERY PROJECT

607 MAIN AVENUE
CALLAWAY,MN56521 		NONE TAX EXEMPT GENERAL 2,000

ARMS CONTROL ASSOCIATION

1200 18TH STREET NW
WASHINGTON,DC20036 		NONE TAX EXEMPT GENERAL 5,000

NATIVE AMERICAN COMMUNITY BOARD

1 WILLOUGHBY SQUARE
BROOKLYN,NY11201 		NONE TAX EXEMPT GENERAL 3,000

AMERICAN FUND FOR LSE

31 HUDSON YARDS
NEW YORK,NY10001 		NONE TAX EXEMPT GENERAL 1,500

THE BOSTON FOUNDATION

75 ARLINGTON STREET
BOSTON,MA02116 		NONE TAX EXEMPT GENERAL 1,050

CENTER FOR KHMER STUDIES INC

149 E 63RD STREET
NEW YORK,NY10065 		NONE TAX EXEMPT GENERAL 2,000

DEXTER SOUTHFIELD INC

20 NEWTON STREET
BROOKLINE,MA02445 		NONE TAX EXEMPT GENERAL 1,500

UNIVERSITY OF VIRGINIA

PO BOX 400331
CHARLOTTESVILLE,VA22904 		NONE TAX EXEMPT GENERAL 10,000

ASTRAEA LESBIAN FOUNDATION

116 E 16TH STREET
NEW YORK,NY10003 		NONE TAX EXEMPT GENERAL 2,000

BAGLY INC

PO BOX 960814
BOSTON,MA02196 		NONE TAX EXEMPT GENERAL 13,000

BAY STATE PERFORMING ARTS

539 TREMONT STREET
BOSTON,MA02116 		NONE TAX EXEMPT GENERAL 3,000

FENWAY HEALTH

1340 BOYLSTON STREET
BOSTON,MA02215 		NONE TAX EXEMPT GENERAL 5,000

GALA CHORUSES

PO BOX 99998
PITTSBURGH,PA15233 		NONE TAX EXEMPT GENERAL 2,000

GLBTQ LEGAL ADVOCATES & DEFENDERS

18 TREMONT STREET
BOSTON,MA02108 		NONE TAX EXEMPT GENERAL 2,500

MASSEQUALITY EDUCATION FUND

100 GROVE STREET
WORCESTER,MA01605 		NONE TAX EXEMPT GENERAL 1,000

OUTRIGHT ACTION INTERNATIONAL

216 E 45TH STREET
NEW YORK,NY10017 		NONE TAX EXEMPT GENERAL 8,000

POINT FOUNDATION

6230 WILSHIRE BLVD
LOS ANGELES,CA90048 		NONE TAX EXEMPT GENERAL 10,000

CLIMATE CENTRAL

ONE PALMER SQUARE SUITE 402
PRINCETON,NJ08542 		NONE TAX EXEMPT GENERAL 1,000

AMERICAN FUND FOR EMMANUEL

116 W MAIN STREET STE 302
SALISBURY,MD21801 		NONE TAX EXEMPT GENERAL 20,000

BREAKTIME UNITED INC

170 PORTLAND STREET
BOSTON,MA02482 		NONE TAX EXEMPT GENERAL 5,000

DEEP SPRINGS COLLEGE

HC 72 BOX 45001
DYER,NV89010 		NONE TAX EXEMPT GENERAL 2,000

THE PARK THEATRE

PO BOX 278
JAFFREY,NH03452 		NONE TAX EXEMPT GENERAL 3,500

THE PEOPLE'S ACADEMY INC

8 SUMNER ST UNIT 3
DORCHESTER,MA02125 		NONE TAX EXEMPT GENERAL 3,000

ZOO NEW ENGLAND

ONE FRANKLIN PARK ROAD
BOSTON,MA02121 		NONE TAX EXEMPT GENERAL 2,000

BETHESDA-CHEVY CHASE HIGH SCHOOL
EDUCATIONAL FOUNDATION INC
PO BOX 15062
CHEVY CHASE,MD208255062 		NONE TAX EXEMPT GENERAL 2,000

EMORY UNIVERSITY

1762 CLIFTON RD SUITE 1400
ATLANTA,GA30322 		NONE TAX EXEMPT GENERAL 5,000

EVERYTOWN FOR GUN SAFETY SUPPORT FUND

PO BOX 3886
NEW YORK,NY10163 		NONE TAX EXEMPT GENERAL 5,000

INTERNATIONAL BUDDHIST CENTER

2600 ELMONT STREET
WHEATON,MD20902 		NONE TAX EXEMPT GENERAL 15,000
Total .................................right arrow 3a 260,200
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 164,806  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 334,555  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER REVENUE 		    14 1,215  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   500,576  
13Total. Add line 12, columns (b), (d), and (e)..................
13
500,576
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 InvestmentsCorpBondsSchedule
Name:
SUSAN A & DONALD P BABSON FOUNDATION CO
EIN:
04-6782460
Name of Bond End of Year Book Value End of Year Fair Market Value
24524282 AMERICAN BEACON SIM H 180,882 193,726
4812C0159 JPMORGAN MTG-BACKED 340,367 345,943
592905509 METWEST TOTAL RETURN 623,614 576,983
97181C811 WILMINGTON BROAD MAR    

TY 2023 InvestmentsCorpStockSchedule
Name:
SUSAN A & DONALD P BABSON FOUNDATION CO
EIN:
04-6782460
Name of Stock End of Year Book Value End of Year Fair Market Value
00171A852 AMG RIVER RD SM-CAP 118,891 184,515
00206R102 AT&T INC    
00724F101 ADOBE INC 15,629 29,830
02079K305 ALPHABET INC CL A 37,237 200,455
04314H758 ARTISAN SMALL CAP FU    
09247X101 BLACKROCK INC 40,004 47,896
09250J734 BLACKROCK EVENT DRIV 147,310 152,504
09857L108 BOOKING HOLDINGS INC 5,551 17,736
126650100 CVS HEALTH CORPORATI 47,176 73,038
23135106 AMAZON.COM INC 50,617 75,970
235851102 DANAHER CORP COM 24,301 190,856
25537101 AMERICAN ELECTRIC POW 34,062 32,488
30303M102 META PLATFORMS, INC- 9,512 16,990
337932107 FIRSTENERGY CORP    
375558103 GILEAD SCIENCES INC    
37833100 APPLE INC 42,363 572,392
45775L408 T ROWE PRICE LG-CAP 128,262 165,063
464287879 ISHARES S&P SMALL-CA 60,534 69,881
464288877 ISHARES MSCI EAFE VA    
46432F842 ISHARES CORE MSCI EA 484,435 580,810
46434G103 ISHARES CORE MSCI EM 223,337 254,873
46625H100 JPMORGAN CHASE & CO 37,071 204,120
478160104 JOHNSON & JOHNSON 18,526 168,025
56823396 BAILLIE GIFFORD EMERG 176,918 125,630
57636Q104 MASTERCARD INC CL A 41,293 202,592
58933Y105 MERCK & CO INC 50,444 176,503
59156R108 METLIFE INC    
594918104 MICROSOFT CORP 112,450 171,098
681919106 OMNICOM GROUP INC CO 34,650 77,859
693475105 PNC FINANCIAL SERVIC    
713448108 PEPSICO INC COM 32,915 178,332
717081103 PFIZER INC 18,747 17,274
742718109 PROCTER & GAMBLE CO    
747525103 QUALCOMM INC COM    
8.76E+110 TARGET CORP COM    
8.92E+113 TOTALENERGIES SE SPO    
84670702 BERKSHIRE HATHAWAY IN 3,961 53,499
907818108 UNION PACIFIC CORP C 33,706 147,372
934423104 WARNER BROS DISCOVER    
97181C332 WILMINGTON GLOBAL AL    
97181C431 WILMINGTON REAL ASSE    
97181C787 WILMINGTON INTERNATI    
19766P868 COLUMBIA OVERSEAS VA 255,000 256,952
367829777 GATEWAY FUND CLASS N 145,004 151,878
461418444 WCM FOCUSED INT'L GR 208,811 218,644
46434V647 ISHARES GLOBAL REIT 78,024 84,703
8.7611999999 TARGET CORP COM 33,628 93,428
8.9150999999 TOTALENERGIES SE 40,645 45,279
921939708 VANGUARD COMMODITY S 76,665 74,909
92338C103 VERALTO CORPORATION 3,208 22,622
G1151C101 ACCENTURE PLC- CL A 18,333 20,353
G51502105 JOHNSON CONTROLS INT 15,738 15,678
G5960L103 MEDTRONIC PLC 24,087 23,808
G96629103 WILLIS TOWERS WATSON 13,933 16,160

TY 2023 OtherDecreasesSchedule
Name:
SUSAN A & DONALD P BABSON FOUNDATION CO
EIN:
04-6782460
Description Amount
2023 POSTED IN 2024 4,344
ROUNDING 2
ADJUSTMENT TO INCOME 8
COST ADJUSTMENTS PRIOR YEAR ROC 1,722
COST ADJUSTMENT CURR YR SALES ROC 951


TY 2023 OtherExpensesSchedule
Name:
SUSAN A & DONALD P BABSON FOUNDATION CO
EIN:
04-6782460
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE - 875 875   0
OTHER NON-ALLOCABLE EXPENSE - 2,247 2,247   0
STATE INCOME TAXES - PRINCIPAL 70 0   70
OTHER EXPENSE (NON-DEDUCTIBLE 27 27   0


TY 2023 OtherIncreasesSchedule
Name:
SUSAN A & DONALD P BABSON FOUNDATION CO
EIN:
04-6782460
Description Amount
2022 POSTED IN 2023 3,902
RETURN OF UNUSED GRANT 1,000


TY 2023 OtherProfessionalFeesSchedule
Name:
SUSAN A & DONALD P BABSON FOUNDATION CO
EIN:
04-6782460
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MNGMNT FEES (DEDUCT 20,568     20,568


TY 2023 TaxesSchedule
Name:
SUSAN A & DONALD P BABSON FOUNDATION CO
EIN:
04-6782460
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 516 516   0
FEDERAL ESTIMATES - PRINCIPAL 2,550 0   0
FOREIGN TAXES ON QUALIFIED FOR 2,297 2,297   0
FOREIGN TAXES ON NONQUALIFIED 1,187 1,187   0