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Filing year 2024

Lawrence T Babbio Jr Foundation

Albany, New York·EIN 46-1601552·NTEE T99 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$235k
Total assets
$5M
Total expenses
$786k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. Lawrence T Babbio Jr Foundation reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$747k

Itemized grants

15

Median grant

$5k

RecipientLocationPurposeAmount
Stevens Institute of TechnologyHoboken, NYGENERAL CHARITABLE PURPOSES$435k
Saint Peter's Preparatory SchoolJersey City, NJGENERAL CHARITABLE PURPOSES$153k
New York-Presbyterian HospitalNew York, NYGENERAL CHARITABLE PURPOSES$50k
Collegiate Schoolnew york, NYGENERAL CHARITABLE PURPOSES$25k
Gettysburg CollegeGettysburg, PAGENERAL CHARITABLE PURPOSES$25k
Memorial Sloan Kettering Cancer Centernew york, NYGENERAL CHARITABLE PURPOSES$25k
Lehigh UniversityBethlehem, PAGENERAL CHARITABLE PURPOSES$25k
The Fund for Park AveNEW YORK, NYGENERAL CHARITABLE PURPOSES$5k
American Museum of Natural HistoryNEW YORK, NYGENERAL CHARITABLE PURPOSES$1k
Metropolitan Museum of ArtNEW YORK, NYGENERAL CHARITABLE PURPOSES$1k
Mayo ClinicRochester, MNGENERAL CHARITABLE PURPOSES$1k
Museum of Modern Artnew york, NYGENERAL CHARITABLE PURPOSES$1k
National September 11 Memorial & Museumnew york, NYGENERAL CHARITABLE PURPOSES$500
The New York Landmarks Conservancynew york, NYGENERAL CHARITABLE PURPOSES$100
St Patrick's Cathedralnew york, NYGENERAL CHARITABLE PURPOSES$100
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Lawrence T Babbio Jr Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$28k
$905k
2023
$235k
$786k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

Lawrence T Babbio Jr Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New York earns a median of $14,011.

25th percentile
$6k
Median
$14,011
75th percentile
$50k
90th percentile
$129k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 469 organizations across 469 filings (2022 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for New York
FAQ

Common questions about Lawrence T Babbio Jr Foundation

What are Lawrence T Babbio Jr Foundation's revenue and expenses?

In 2024, Lawrence T Babbio Jr Foundation reported $235k in total revenue and $786k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.