Williams leaving Babcock at end of 2012
Gayle Williams has served for 18 years as executive director of the $140 million-asset Mary Reynolds Babcock Foundation, which focuses its funding on moving people and places in the Southeast out of poverty.
Babcock maintains grantmaking levels
The board of the Mary Reynolds Babcock Foundation recently increased the funder’s payout percentage in an effort to keep grantmaking as close to pre-recession levels as possible.
Babcock assesses direction, strategy
After an extensive evaluation, the Winston-Salem-based funder will continue its efforts to help poor people and poor place climb out of poverty.
‘Jobs-centered’ focus seen boosting economies
Economic-development efforts in North Carolina should take into account both the needs of industry and of local workers, a new study says.
Babcock remains ‘mission driven’
Barring another precipitous drop in assets, the Mary Reynolds Babcock Foundation plans to hold grantmaking at 2008 levels this year and in 2010 and 2011.