The New York State Capitol

Form 990-PFTax year 2025EIN 46-1601552

Lawrence T Babbio Jr Foundation

A private foundation in Albany, NY. Its return for tax year 2025 lists 14 grants and $781,200 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $781,200

    Grants listed
    14
    Assets, end of year
    $4,399,143
  • Tax year 2024

    $747,200

    Grants listed
    15
    Assets, end of year
    $5,039,260
  • Tax year 2023

    $867,200

    Grants listed
    17
    Assets, end of year
    $5,590,227
  • Tax year 2022

    $388,000

    Grants listed
    17
    Assets, end of year
    $6,467,316
  • Tax year 2021

    $438,700

    Grants listed
    In an attachment
    Assets, end of year
    $6,503,576
  • Tax year 2020

    $372,600

    Grants listed
    In an attachment
    Assets, end of year
    $6,740,447
  • Tax year 2019

    $349,600

    Grants listed
    In an attachment
    Assets, end of year
    $7,048,665

Grants paid in 2025

14 grants, largest first

As listed on the return.

  1. Stevens Institute of TechnologyHoboken, NJ

    General charitable purposes

    $460,000
  2. Saint Peter's Preparatory SchoolJersey City, NJ

    General charitable purposes

    $152,500
  3. New York-Presbyterian HospitalNew York, NY

    General charitable purposes

    $50,000
  4. Lehigh UniversityBethlehem, PA

    General charitable purposes

    $35,000
  5. Collegiate SchoolNew York, NY

    General charitable purposes

    $25,000
  6. Gettysburg CollegeGettysburg, PA

    General charitable purposes

    $25,000
  7. Memorial Sloan Kettering Cancer Centernew york, NY

    General charitable purposes

    $25,000
  8. The Fund for Park AveNew York, NY

    General charitable purposes

    $5,000
  9. American Museum of Natural HistoryNew York, NY

    General charitable purposes

    $1,000
  10. Mayo ClinicRochester, MN

    General charitable purposes

    $1,000
  11. The Museum of Modern ArtNew York, NY

    General charitable purposes

    $1,000
  12. National September 11 Memorial & MuseumNew York, NY

    General charitable purposes

    $500
  13. The New York Landmarks ConservancyNew York, NY

    General charitable purposes

    $100
  14. St Patrick's Cathedralnew york, NY

    General charitable purposes

    $100

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education4 grants $545,00091% of the total
  2. Health2 grants $51,0009% of the total
  3. Arts and culture1 grant $1,000<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York10 grants $567,700
  2. New Jersey1 grant $152,500
  3. Pennsylvania2 grants $60,000
  4. Minnesota1 grant $1,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Lawrence T Babbio JrTRUSTEE Hours 1Pay $0
  • Lawrence T Babbio IIITRUSTEE Hours 1Pay $0
  • Robyn BabbioTRUSTEE Hours 1Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Glasscock Family Foundation IncAlbany, NY 4 grants Preselected only $750,000 giving
  2. Mohapatra Family Foundation IncAlbany, NY 6 grants Preselected only $691,100 giving
  3. The Rita and Burt Tansky FoundationAlbany, NY 7 grants Preselected only $576,000 giving
  4. Alfred G and Marybeth B Childers FoundationAlbany, NY 2 grants Preselected only $418,000 giving
  5. Pioneer Bank Charitable FoundationAlbany, NY 135 grants Accepts applications $386,180 giving