Bastinelli Family Foundation Inc
Bastinelli Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REISTERSTOWN, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 7 grants totaling $185K. Net investment income was $73K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
+11.3% YoY
Annual Giving
$185K
+41.5% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$26K
+21.2% YoY
Under IRS private-foundation payout rules, Bastinelli Family Foundation Inc reported a distributable amount of $165K for 2024 — the minimum it must pay out in qualifying distributions.
About Bastinelli Family Foundation Inc
Based on IRS filings
Bastinelli Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REISTERSTOWN, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 7 grants totaling $185K. Net investment income was $73K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,461,227 | $3,108,807 | $2,472,428 |
| Revenue | $21,604 | $421,540 | $38,326 |
| Expenses | $207,019 | $150,067 | $162,394 |
| Qualifying Distributions | $185,300 | $131,000 | $142,500 |
| Net Investment Income | $73,137 | $60,165 | $38,757 |
| Distributable Amount | $165,005 | $129,887 | $131,538 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Living Classrooms Foundation ($100,000), Mercy Health Services ($50,000), Mercy Health Foundation ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LIVING CLASSROOMS FOUNDATION BALTIMORE, MD | TO FURTHER EXEMPT PURPOSE | $100,000 |
| SHEPERD CENTER FOUNDATION ATLANTA, GA | TO FURTHER EXEMPT PURPOSE | $5,000 |
| RESPITE RETREATS ELLICOTT CITY, MD | TO FURTHER EXEMPT PURPOSE | $300 |
| FIRST FRUITS FARM FREELAND, MD | TO FURTHER EXEMPT PURPOSE | $5,000 |
| MERCY HEALTH SERVICES BALTIMORE, MD | TO FURTHER EXEMPT PURPOSE | $50,000 |
| MERCY HEALTH FOUNDATION BALTIMORE, MD | TO FURTHER EXEMPT PURPOSE | $20,000 |
| IMPACT NW PORTLAND, OR | TO FURTHER EXEMPT PURPOSE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| A RICHARD BASTINELLI | PRESIDENT & TREASURER | 1 | — |
| CHARLES B JONES | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bastinelli Family Foundation Inc?
Bastinelli Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in REISTERSTOWN, MD. It holds $3.5M in total assets as of 2024.
How large is Bastinelli Family Foundation Inc?
As of 2024, Bastinelli Family Foundation Inc holds $3.5M in total assets with $22K in annual revenue. It awarded 7 grants totaling $185K in 2024.
Where does Bastinelli Family Foundation Inc operate?
Bastinelli Family Foundation Inc has awarded grants in California, District of Columbia, Delaware, Florida, Georgia, Maryland, North Carolina, New Jersey, New York, Oregon.
What size grants does Bastinelli Family Foundation Inc award?
In 2024, Bastinelli Family Foundation Inc awarded 7 grants totaling $185K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Bastinelli Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bastinelli Family Foundation Inc reported a distributable amount of $165K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bastinelli Family Foundation Inc's EIN?
Bastinelli Family Foundation Inc's EIN (Employer Identification Number) is 87-4087068. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Bastinelli Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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