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Babson College

Public charityFed auditsIRS 990990-T FY2023
DBA: % GAIL WILSON
Other · WELLESLEY, MA · EIN 04-2103544

About

Babson college educates entrepreneurial leaders who impact communities everywhere.

In care of GAIL Wilson

Donations are tax-deductible
Category
Other
Employees
2,266
Volunteers
1,891

Financial Snapshot

FY ending 2023-06-30
Revenue
$344.0M
Expenses
$305.5M
Assets
$1.1B
Liabilities
$249.3M

Financial history

$397.6M$198.8M$0
1617181920212223
RevenueExpenses
Latest FY2023: $344.0M · Peak FY2022: $397.6M · Avg: $298.8M

Foreign activity (Schedule F)

Total spent abroad$30.9M
Foreign employees21
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN
EUROPE (INCLUDING ICELAND & GREENLAND)
SUB-SAHARAN AFRICA
SOUTH AMERICA
MIDDLE EAST AND NORTH AFRICA
EAST ASIA AND THE PACIFIC
EUROPE (INCLUDING ICELAND & GREENLAND)
EAST ASIA AND THE PACIFIC
CENTRAL AMERICA AND THE CARIBBEAN
EUROPE (INCLUDING ICELAND & GREENLAND)
SOUTH AMERICA
SUB-SAHARAN AFRICA
MIDDLE EAST AND NORTH AFRICA
EAST ASIA AND THE PACIFIC
EUROPE (INCLUDING ICELAND & GREENLAND)
SUB-SAHARAN AFRICA
SOUTH AMERICA
EAST ASIA AND THE PACIFIC
EUROPE (INCLUDING ICELAND & GREENLAND)
EAST ASIA AND THE PACIFIC
SUB-SAHARAN AFRICA
SOUTH AMERICA

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$1
Grants Given
$67.3M
BABSON COLLEGE
Your actions

Address

231 Forest Street Room 161 NIC
Wellesley, MA, 02481-683

Governance

Voting board members29
Independent members28
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionYes

Financial detail (Schedule D)

Board-designated %33.0%
Permanent endowment %26.7%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.