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 2025. As of 2025, the organization holds $4.0M in total assets. In 2025, it awarded 6 grants totaling $283K. Net investment income was $327K.
Key facts about Bastinelli Family Foundation Inc
In short: Bastinelli Family Foundation Inc gave $283K across 6 grants in 2025 (avg $47K), mostly in Maryland. Source: 2025 IRS Form 990-PF.
- EIN
- 87-4087068
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $282,500
- Grants made (2025)
- 6
- Average grant
- $47,083
- Median grant
- $30,000
- Total assets
- $3,959,564
- Primary geography
- Maryland (96% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.0M
+14.4% YoY
Annual Giving
$283K
+52.5% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$47K
+77.9% YoY
Under IRS private-foundation payout rules, Bastinelli Family Foundation Inc reported a distributable amount of $179K for 2025 — the minimum it must pay out in qualifying distributions.
How Bastinelli Family Foundation Inc gives
- Giving grew 98% from 2022 to 2025. Method
- In 2025 it paid out 157% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| LIVING CLASSROOMS FOUNDATION Baltimore, MD | TO FURTHER EXEMPT PURPOSE | $115,000 |
| MERCY MEDICAL CENTER Baltimore, MD | TO FURTHER EXEMPT PURPOSE | $100,000 |
| STEVENSON UNIVERSITY Owings Mills, MD | TO FURTHER EXEMPT PURPOSE | $50,000 |
| HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION INC Hackensack, NJ | TO FURTHER EXEMPT PURPOSE | $10,000 |
| CAVES VALLEY GOLF CLUB FOUNDATION Owings Mills, MD | TO FURTHER EXEMPT PURPOSE | $5,000 |
| FIRST TEE OF BALTIMORE Cockeysville, MD | TO FURTHER EXEMPT PURPOSE | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,959,564 | $3,461,227 | $3,108,807 |
| Revenue | $453,757 | $21,604 | $421,540 |
| Expenses | $303,102 | $207,019 | $150,067 |
| Qualifying Distributions | $282,500 | $185,300 | $131,000 |
| Net Investment Income | $327,316 | $73,137 | $60,165 |
| Distributable Amount | $179,447 | $165,005 | $129,887 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 18, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Bastinelli Family Foundation Inc is led by A. Richard Bastinelli, President & Treasurer on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
A. Richard Bastinelli
President & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Charles B. Jones
Secretary
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bastinelli Family Foundation Inc
How much does Bastinelli Family Foundation Inc give each year?
Bastinelli Family Foundation Inc gave $283K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $185K across 7 grants.
What is Bastinelli Family Foundation Inc's typical grant size?
Bastinelli Family Foundation Inc's median grant in 2025 was $30,000, and its average grant was $47,083, across 6 grants on its 2025 IRS Form 990-PF.
Where does Bastinelli Family Foundation Inc give grants?
Bastinelli Family Foundation Inc gives mostly in Maryland: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Baltimore, MD (2 grants) and Owings Mills, MD (2 grants).
Who are Bastinelli Family Foundation Inc's largest grantees?
Bastinelli Family Foundation Inc's largest 2025 grantees include Living Classrooms Foundation ($115,000), Mercy Medical Center ($100,000) and Stevenson University ($50,000), according to its 2025 IRS Form 990-PF. Together they received 94% of its itemized 2025 grant dollars.
How large is Bastinelli Family Foundation Inc?
Bastinelli Family Foundation Inc reported $4.0M in total assets on its 2025 IRS Form 990-PF. It paid out $283K in qualifying distributions that year, against a required minimum of $179K (roughly 5% of its investment assets).
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 $4.0M in total assets as of 2025.
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 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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