STEPHENSON POPE BABCOCK FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: STEPHENSON POPE BABCOCK FOUNDATION (EIN 56-2000456)
Tax period: 2024-10-01 to 2025-09-30
Filed: 2026-02-16
IRS object ID: 202600479349100610
Schema version: 2024v5.5
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Distribution From Corpus Election
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Other Expenses Schedule
Substantial Contributors Sch
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-02-16T07:59:05-06:00	ReturnTs
Tax Period End	2025-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	561215661	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SILLS AND ASSOCIATES PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4400 SILAS CREEK PKWY SUITE 200	AddressLine1Txt
City	WINSTONSALEM	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27104	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-10-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	562000456	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STEPHENSON POPE BABCOCK FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	STEP	BusinessNameControlTxt
Phone	3366590290	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	17 GRAYLYN PLACE CT	AddressLine1Txt
City	WINSTONSALEM	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27106	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LUKE BABCOCK	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	3366590290	PhoneNum
Signature	2026-02-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARK W SHRIVER	PreparerPersonNm
PTIN	P00215649	PTIN
Phone	3367683290	PhoneNum
Preparation	2026-02-16	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$4,306,728	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$1,353,388	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$65,739	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$65,739	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$22,937	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,118,474	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$688,513	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$1,442,064	TotalRevAndExpnssAmt
Total Net Invst Incm	$754,252	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$2,200	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$5,833	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$5,808	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$2,169	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$0	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$4,358	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$14,560	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$5,808	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$170,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$170,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$184,560	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$5,808	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$170,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$1,257,504	ExcessRevenueOverExpensesAmt
Net Investment Income	$748,444	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$177,294	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$119,986	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$119,986	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$248,042	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$223,180	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$225,000	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$829,324	CorporateStockBOYAmt
Corporate Stock EOY	$2,224,259	CorporateStockEOYAmt
Corporate Stock EOYFMV	$3,862,439	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$157,020	CorporateBondsBOYAmt
Corporate Bonds EOY	$101,759	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$99,303	CorporateBondsEOYFMVAmt
Total Assets BOY	$1,411,680	TotalAssetsBOYAmt
Total Assets EOY	$2,669,184	TotalAssetsEOYAmt
Total Assets EOYFMV	$4,306,728	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$1,411,680	RetainedEarningBOYAmt
Retained Earning EOY	$2,669,184	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,411,680	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,669,184	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,411,680	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,669,184	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,411,680	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$1,257,504	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$2,669,184	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$2,669,184	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
JP MORGAN CHASE 6.1% DUE 12-31-49	P	2016-09-09	2024-10-01	$50,000	$55,261	-$5,261	-$5,261
US TREAS NOTE .625% DUE 10-15-24	P	2024-04-03	2024-10-15	$60,000	$58,566	$1,434	$1,434
US TREAS NOTE .625% DUE 10-15-24	P	2022-09-21	2024-10-15	$71,000	$66,237	$4,763	$4,763
MARKEL GROUP INC	D	2024-10-24	2024-10-28	$361,480	$7,824	$353,656	$353,656
MARKEL GROUP INC	D	2024-10-23	2024-11-22	$309,718	$6,774	$302,944	$302,944
US TREAS NOTE 4625% DUE 10-15-25	P	2024-10-23	2024-11-22	$4,991	$4,999	-$8	-$8
JOHNSON & JOHNSON	P	2018-03-12	2024-12-03	$19,123	$16,708	$2,415	$2,415
DIAGEO PLC	P	2014-10-15	2024-12-10	$62,105	$54,737	$7,368	$7,368
US TREAS NOTE 3.875% DUE 10-15-27	P	2024-10-23	2025-03-31	$89,968	$89,620	$348	$348
US TREAS NOTE 3.875% DUE 10-15-27	P	2024-10-28	2025-03-31	$30,989	$30,820	$169	$169
US TREAS NOTE 4.25% DUE 10-15-27	P	2024-10-23	2025-04-08	$20,009	$19,995	$14	$14
PAYPAL HOLDINGS INC	P	2013-11-22	2025-04-28	$38,405	$18,396	$20,009	$20,009
MOHAWK INDUSTRIES-CLASS ACTION SETTLEMENT	P	2016-05-26	2025-03-17	$391	$23	$368	$368
PFIZER-CLASS ACTION SETTLEMENT	P	2014-12-01	2025-05-22	$109		$109	$109
ALLERGAN-CLASS ACTION SETTLEMENT	P	2014-12-01	2025-05-22	$164		$164	$164
ACTAVIS PLC-CLASS ACTION SETTLEMENT	P	2014-12-01	2025-09-15	$22	$1	$21	$21

Field	Value	IRS element (for citing)
Capital Gain Net Income	$688,513	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$10,403	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$10,403	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$10,403	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$3,760	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$3,760	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Tax Due	$6,643	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (1)	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	SPBABCOCKFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	LUKE BABCOCK	IndividualWithBooksNm
Phone	3366590290	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	17 BLUFF POINT ROAD	AddressLine1Txt
City	SAG HARBOR	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11963	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
ANNE BABCOCK
17 GRAYLYN PLACE CT	WINSTON SALEM	NC	27106	VICE PRESIDENT	0.00	$0	$0	$0
LUKE BABCOCK
17 BLUFF POINT ROAD	SAG HARBOR	NY	11963	PRESIDENT	0.00	$0	$0	$0
THOMAS BABCOCK
955 LEXINGTON AVE NO 8C	NEW YORK	NY	10021	TREASURER	0.00	$0	$0	$0
ALICE PEARCE
3960 NORTH OCEAN BLVD 6	DELRAY BEACH	FL	33483	SECRETARY	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$3,987,985	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,987,985	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$3,987,985	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$59,820	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,928,165	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$196,408	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$196,408	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$10,403	TaxBasedOnInvestmentIncomeAmt
Total Tax	$10,403	TotalTaxAmt
Distributable Before Adj	$186,005	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$186,005	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$186,005	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$170,000	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$170,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$186,005	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$65,221	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$5,209	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$48,896	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$2,194	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$7,484	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$129,004	TotalExcessDistributionCyovAmt
Qualifying Distributions	$170,000	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$170,000	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$16,005	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$16,005	ExcessDistributionCyovAppCYAmt
Total Corpus	$112,999	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$49,216	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$63,783	ExcessDistriCyovToNextYrAmt
Excess From Year4	$5,209	ExcessFromYear4Amt
Excess From Year3	$48,896	ExcessFromYear3Amt
Excess From Year2	$2,194	ExcessFromYear2Amt
Excess From Year1	$7,484	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
WINSTON SALEM STREET SCHOOL
630 W 6TH ST	WINSTON SALEM	NC	27101	NONE	501 (C)(3)	CHARITABLE USE	$12,000
ON COURSE FOUNDATION
7812 PALM PARKWAY	ORLANDO	FL	32836	NONE	501 (C)(3)	CHARITABLE USE	$17,000
CENTER FOR COMPREHENSIVE HEALTH PRACTICE
35 EAST 110TH ST 4TH FLOOR	NEW YORK	NY	10029	NONE	501(C)(3)	CHARITABLE USE	$5,000
THE CENTER FOR FAMILY JUSTICE
753 FAIRFIELD AVE	BRIDGEPORT	CT	06604	NONE	501 (C)(3)	CHARITABLE USE	$10,000
SPRINGS FOOD PANTRY
5 OLD STONE HIGHWAY	EAST HAMPTON	NY	11937	NONE	501 (C)(3)	CHARITABLE USE	$10,000
CROSSNORE COMMUNITIES FOR CHILDREN
1001 REYNOLDA RD	WINSTON SALEM	NC	27104	NONE	501 (C)(3)	CHARITABLE USE	$1,000
FOLDS OF HONOR
8711 E PINNACLE PEAK RD PMB 326	SCOTTSDALE	AZ	852553517	NONE	501 (C)(3)	CHARITABLE USE	$10,000
FOREVER MARYLAND FOUNDATION INC
PO BOX 4489	SALISBURY	MD	21803	NONE	501 (C)(3)	CHARITABLE USE	$1,000
IYRS SCHOOL OF TECHNOLOGY & TRADES
449 THAMES STREET	NEWPORT	RI	02840	NONE	501(C)(3)	CHARITABLE USE	$15,000
HAMPTONS COMMUNITY OUTREACH
PO BOX 838	BRIDGEHAMPTON	NY	11932	NONE	501(C)(3)	CHARITABLE USE	$11,000
KULA FOR KARMA
3 VREELAND AVE	HAWTHORNE	NJ	07506	NONE	501 (C)(3)	CHARITABLE USE	$9,000
NC COASTAL FEDERATION
3609 NC 24	NEWPORT	NC	28570	NONE	501 (C)(3)	CHARITABLE USE	$8,000
OLA OF EASTERN LONG ISLAND
PO BOX 278	SAGAPONACK	NY	11962	NONE	501 (C)(3)	CHARITABLE USE	$8,000
ARENA THEATER
PO BOX 611	PT ARENA	CA	95468	NONE	501 (C)(3)	CHARITABLE USE	$8,000
COMMUNITY FOUNDATOIN OF THE TEXAS HILL COUNTRY
241 EARL GARRETT STREET	KERRVILLE	TX	78028	NONE	501 (C)(3)	CHARITABLE USE	$11,000
ROOTS AND WINGS
335 E LINTON BLVD STE 2219	DELRAY BEACH	FL	33483	NONE	501 (C)(3)	CHARITABLE USE	$15,000
SAMARITANS PURSE
PO BOX 3000	BOONE	NC	28607	NONE	501 (C)(3)	CHARITABLE USE	$1,000
SPECTRUM FOR LIVINGS DEVELOPMENT INC
210 RIVERVALE RD STE 3	RIVER VALE	NJ	07675	NONE	501 (C)(3)	CHARITABLE USE	$1,000
SPECIAL OPERATIONS TRANSITION FOUNDATION
PO BOX 249	NICEVILLE	FL	32588	NONE	501 (C)(3)	CHARITABLE USE	$1,000
THE CHILDRENS ROOM
15 COTTAGE ST	CAMBRIDGE	MA	02139	NONE	501 (C)(3)	CHARITABLE USE	$1,000
THOUSAND ISLANDS LAND TRUST
PO BOX 238	CLAYTON	NY	13624	NONE	501 (C)(3)	CHARITABLE USE	$10,000
CONCUSSION LEGACY FOUNDATION
361 NEWBURY STREET 5TH FLOOR	BOSTON	MA	02115	NONE	501 (C)(3)	CHARITABLE USE	$1,000
HAMPTON LIFEGUARD ASSOCIATION
7 MEADOW WAY	EAST HAMPTON	NY	11937	NONE	501 (C)(3)	CHARITABLE USE	$1,000
UTAH AVALANCHE CENTER
2835 E 3300 S 3RD FLOOR	SALT LAKE CITY	UT	84109		501 (C)(3)	CHARITABLE USE	$1,000
KERR COUNTY FLOOD RELIEF
241 EARL GARRETT STREET	KERRVILLE	TX	78028		501 (C)(3)	CHARITABLE USE	$1,000
10000 LUNCHES
675 CARROLL DRIVE	MORAGA	CA	94556		501 (C)(3)	CHARITABLE USE	$1,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$170,000	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$65,739	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$22,937	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$0	ExclusionAmt
Related Or Exempt Function Incm	$88,676	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$88,676	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxt	Relationship StatementRelationshipStatementTxt
4	INCOME DERIVED FROM INTEREST, DIVIDENDS IS USED TO PROVIDE GRANTS TO SELECTED ORGANZIATIONS.
8	INCOME DERIVED FROM SALES OF SECURITIES IS USED TO PROVIDE GRANTS TO SELECTED ORGANZIATIONS.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (3 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
SUSAN MULLIN REV TRUST
1	700 RIDGEWAY FARM LANE	BROOKNEAL	VA	24528	$5,000	Yes (X)
BRUCE BABCOCK IRA
2	17 GRAYLYN PLACE CT	WINSTON SALEM	NC	27106	$350,088	Yes (X)
CHARLIE BURROUGHS
3	5506 ATLANTIC AVENUE	VIRGINIA BEACH	VA	23451	$995,800		Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	3	ContributorNum
Noncash Property	631 SHARES OF MARKEL GROUP INC STOCK	NoncashPropertyDesc
Fair Market Value	$995,800	FairMarketValueAmt
Received	2024-10-24	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$2,200	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Distribution From Corpus Election DistributionFromCorpusElection

Field	Value	IRS element (for citing)
Election	PURSUANT TO CODE SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), STEPHENSON POPE BABCOCK FOUNDATION ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEEDING TAX YEAR'S UNDISTIBUTED INCOME AS COMING FROM CORPUS.	ElectionDesc

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	BANK NEW YORK MELLON CORP	BondNm
EOY Book Value	$101,759	EOYBookValueAmt
EOYFMV	$99,303	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (19 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
BERKSHIRE HATHAWAY INC	$174,211	$477,603
KENVUE	$121,209	$101,438
NIKE	$202,236	$153,406
AUTOMATIC DATA PROCESSING	$79,392	$168,763
SHERWIN WILLIAMS COMPANY	$63,818	$173,130
VISA INC	$37,790	$256,035
HONEYWELL INTERNATIONAL INC	$38,892	$84,200
NESTLE SA	$84,021	$91,770
MONDELEZ INTL INC	$122,418	$156,175
FACTSET RESEARCH SYSTEMS	$134,716	$157,570
APPLE COMPUTER	$13,807	$229,167
NORFOLK SOUTHERN CORP	$23,012	$120,164
GOOGLE INC CL A	$107,813	$474,045
US TREASURY BILL 4.625% DUE 1-/15/26	$251,900	$252,325
RAYTHEON TECHNOLOGIES	$69,011	$142,231
US TREASURY BILL 3.875% DUE 10/15/27	$128,249	$129,635
MICROSOFT CORP	$148,089	$207,180
PEPSICO INC	$108,049	$105,330
MARKEL GROUP INC	$315,626	$382,272

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$223,180	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$225,000	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADMIN SUPPORT	$4,000	$0	$0
WEBSITE SUPPORT	$358	$0	$0

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd
SUSAN MULLEN REV TRUST
700 RIDGEWAY FARM LANE	BROOKNEAL	VA	24528
BRUCE BABCOCK IRA
17 GRAYLYN PLACE CT	WINSTON SALEM	NC	27106
CHARLIE BURROUGHS
5506 ATLANTIC AVENUE	VIRGINIA BEACH	VA	23451

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$25	$0	$0
FEDERAL EXCISE TAXES	$5,808	$5,808	$0