The Nulsen Family Foundation concentrates its philanthropy almost exclusively on higher education, providing unrestricted institutional support. All recorded giving goes to Babson College, indicating a strong, focused relationship with that business/entrepreneurship institution rather than broad, diversified grantmaking. The foundation appears to prioritize core operating support for a single college recipient.
Highly concentrated: very few, large grants directed repeatedly to a single grantee (repeat, unrestricted support to Babson College).
Nulsen Family Foundation Inc C/o Washington Property Company shows a tightly focused giving pattern: its recorded grants center on Babson College, with three large unrestricted awards across 2023, 2024, and 2025. Those gifts total $940,000 in the recent-grants list and point to a sustained institutional relationship rather than broad portfolio-style grantmaking. The foundation’s support to Babson College is framed as unrestricted support for the organization’s exempt purpose, which indicates a preference for flexible operating dollars over project-restricted funding. Beyond that core relationship, the foundation appears to make smaller unrestricted grants to a limited set of other nonprofits and schools, including New Community Foundation, Episcopal High School, and a few community and health organizations. The overall picture is of a family foundation that gives recurring support, primarily through unrestricted grants, while keeping the recipient pool narrow. Annual grants given are listed at $1,129,000, and the latest 990 year on file is 2025.
Higher education is the clearest cause area in the record. In 2025, the foundation gave $120,000 to Babson College in Babson Park, Massachusetts, and the same institution received $420,000 in 2024 and $400,000 in 2023, all as unrestricted grants to support its exempt purpose. Outside that core education relationship, the foundation has supported a small mix of community, health, and school-based organizations. It gave $25,000 in each of 2023, 2024, and 2025 to New Community Foundation in Washington, DC. In 2023, it also granted $17,500 to Children's National Hospital Foundation in Washington, DC. Additional grants went to Episcopal High School, Keewaydin Foundation, Community of Hope, City Kids Wilderness Project, and Wasatch Adaptive Sports.
Typical grant size is small: the p25 and median are both $1,000, while the p75 is $5,000. The recent-grants list also shows a few larger awards, but most recorded gifts cluster near the lower end of the distribution. Giving appears recurring rather than one-time in several cases, with Babson College, New Community Foundation, Episcopal High School, Loomis Chaffee Annual Fund, and Colleen Mitchel Memorial Fund each appearing in more than one year. The foundation is a private family foundation rather than a DAF, and it does not fund individuals or make program-related investments.
$1.1M
$735K
$257K
$220K
Most grants fall between $1K and $5K, with a median of $1K.
25th Percentile
$1K
Median
$1K
75th Percentile
$5K
About 27% of grants go to recipients in MA.
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Notable grantees: Babson College
The foundation’s grants are entirely U.S.-based. Massachusetts is the top state by grant count, while 27% of grants go to recipients in Maryland, the foundation’s headquarters state. Recent recipients are concentrated in a few cities: Babson Park, MA; Washington, DC; Severn, MD; and Windsor, CT all appear multiple times. Other recipient locations include Salisbury, VT; Potomac, MD; Fairfax, VA; and New York, NY.
The record centers on higher education, especially Babson College. Three recent unrestricted grants to that institution totaled $940,000 across 2023, 2024, and 2025, showing a sustained relationship with one postsecondary recipient.
Yes. The recent grants are consistently described as unrestricted grants to support each recipient’s exempt purpose. That language appears across the largest awards and the smaller grants in the dataset.
The distribution is small at the center: p25 is $1,000, median is $1,000, and p75 is $5,000. The record also includes larger awards, but most grants cluster at those lower levels.
Massachusetts is the top state by grant count. Maryland, the headquarters state, accounts for 27% of grants, so the giving footprint extends beyond the foundation’s base and is concentrated in a different state overall.
Yes. Several recipients appear across multiple years, including Babson College, New Community Foundation, Episcopal High School, Loomis Chaffee Annual Fund, Springfield Historical Society, and Colleen Mitchel Memorial Fund. That pattern points to recurring support rather than isolated one-off gifts.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| BABSON COLLEGE | BABSON PARK, MA | $120,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| NEW COMMUNITY FOUNDATION | WASHINGTON, DC | $25,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| KEEWAYDIN FOUNDATION | SALISBURY, VT | $15,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| EPISCOPAL HIGH SCHOOL | SEVERN, MD | $15,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| COMMUNITY OF HOPE | WASHINGTON, DC | $10,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| CITY KIDS WILDERNESS PROJECT | WASHINGTON, DC | $10,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| WASATCH ADAPTIVE SPORTS | SNOWBIRD, UT | $5,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| LOOMIS CHAFFEE ANNUAL FUND | WINDSOR, CT | $2,500 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| ST ALBANS SCHOOL | WASHINGTON, DC | $2,500 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| BULLIS SCHOOL | POTOMAC, MD | $2,500 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| MISSION OF SIGHT | MARION, OH | $2,500 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| BARNS OF ROSE HILL | BERRYVILLE, VA | $1,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| INOVA HEALTH FOUNDATION | FAIRFAX, VA | $1,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| COLLEEN MITCHEL MEMORIAL FUND | KENSINGTON, MD | $1,000 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| LONG BRANCH HISTORIC HOUSE AND FARM | MILLWOOD, VA | $500 | 2025 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| BABSON COLLEGE | BABSON PARK, MA | $420,000 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| NEW COMMUNITY FOUNDATION | WASHINGTON, DC | $25,000 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| EPISCOPAL HIGH SCHOOL | SEVERN, MD | $5,000 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| LOOMIS CHAFFEE ANNUAL FUND | WINDSOR, CT | $2,500 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| BRH CONSERVATION FOUNDATION | BOYCE, VA | $1,000 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| BARNS OF ROSE HILL | BERRYVILLE, VA | $1,000 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| GEORGETOWN LOMBARDI COMP CANCER CNTR | WASHINGTON, DC | $1,000 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| SPRINGFIELD HISTORICAL SOCIETY | SPRINGFIELD, NJ | $1,000 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| CHILDREN'S NATIONAL HOSPITAL FOUNDATION | WASHINGTON, DC | $1,000 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| COLLEEN MITCHEL MEMORIAL FUND | KENSINGTON, MD | $1,000 | 2024 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| BABSON COLLEGE | BABSON PARK, MA | $400,000 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| NEW COMMUNITY FOUNDATION | WASHINGTON, DC | $25,000 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| CHILDREN'S NATIONAL HOSPITAL FOUNDATION | WASHINGTON, DC | $17,500 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| EPISCOPAL HIGH SCHOOL | SEVERN, MD | $5,000 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| MANNA INC | GAITHERSBURG, MD | $2,500 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| THE LOOMIS CHAFFEE SCHOOL | WINDSOR, CT | $2,500 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| SPRINGFIELD HISTORICAL SOCIETY | SPRINGFIELD, NJ | $1,000 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| REVIVED SOLDIERS UKRAINE | ORLANDO, FL | $1,000 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| COLLEEN MITCHEL MEMORIAL FUND | KENSINGTON, MD | $1,000 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| DONORSCHOOSE | NEW YORK, NY | $1,000 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
| WPC MANAGEMENT LLC | BETHESDA, MD | $250 | 2023 | DEREK HENDON ALZHEIMER'S RIDE |
| BARNS OF ROSE HILL | NBERRYVILLE, VA | $250 | 2023 | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE |
BABSON COLLEGE
$120,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
NEW COMMUNITY FOUNDATION
$25,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
KEEWAYDIN FOUNDATION
$15,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
EPISCOPAL HIGH SCHOOL
$15,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
COMMUNITY OF HOPE
$10,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
CITY KIDS WILDERNESS PROJECT
$10,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
WASATCH ADAPTIVE SPORTS
$5,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
LOOMIS CHAFFEE ANNUAL FUND
$2,500UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
ST ALBANS SCHOOL
$2,500UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
BULLIS SCHOOL
$2,500UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
MISSION OF SIGHT
$2,500UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
BARNS OF ROSE HILL
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
INOVA HEALTH FOUNDATION
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
COLLEEN MITCHEL MEMORIAL FUND
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
LONG BRANCH HISTORIC HOUSE AND FARM
$500UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
BABSON COLLEGE
$420,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
NEW COMMUNITY FOUNDATION
$25,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
EPISCOPAL HIGH SCHOOL
$5,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
LOOMIS CHAFFEE ANNUAL FUND
$2,500UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
BRH CONSERVATION FOUNDATION
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
BARNS OF ROSE HILL
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
GEORGETOWN LOMBARDI COMP CANCER CNTR
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
SPRINGFIELD HISTORICAL SOCIETY
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
CHILDREN'S NATIONAL HOSPITAL FOUNDATION
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
COLLEEN MITCHEL MEMORIAL FUND
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
BABSON COLLEGE
$400,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
NEW COMMUNITY FOUNDATION
$25,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
CHILDREN'S NATIONAL HOSPITAL FOUNDATION
$17,500UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
EPISCOPAL HIGH SCHOOL
$5,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
MANNA INC
$2,500UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
THE LOOMIS CHAFFEE SCHOOL
$2,500UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
SPRINGFIELD HISTORICAL SOCIETY
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
REVIVED SOLDIERS UKRAINE
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
COLLEEN MITCHEL MEMORIAL FUND
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
DONORSCHOOSE
$1,000UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE
WPC MANAGEMENT LLC
$250DEREK HENDON ALZHEIMER'S RIDE
BARNS OF ROSE HILL
$250UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE