Baystate Financial Services Foundation Inc logo

Baystate Financial Services Foundation Inc

Public charity · Grantmaker Boston, MA EIN: 04-3505349 Website

To raise cash through various events to support new england/boston based charities.

Baystate Financial Services Foundation Inc at a glance

In short: Baystate Financial Services Foundation Inc gave $178K across 5 grants in 2025 (avg $36K), mostly in North Carolina. Source: 2025 IRS Form 990.

Annual giving (2025)
$177,500
+914.3% vs 2024
Grants made (2025)
5
+400.0% vs 2024
Average grant
$35,500
+102.9% vs 2024
Median grant
$22,500
Total assets
$316,836
-15.7% vs 2024
Primary geography
North Carolina (56% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

How to apply to Baystate Financial Services Foundation Inc

Who Baystate Financial Services Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Elon University: $100KElon University$100KYouth Haven: $40KYouth Haven$40KBoston Children's Hospital: $23KBoston Children's Hospital$23KTommy Bohanon Foundation: $8KTommy Bohanon Foundation$8KCircle of Care: $8KCircle of Care$8K

The largest 2025 recipient was Elon University ($100K). Together the top 5 received $178K.

Grant Size Distribution

13 grants across all recorded years

12<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 13 (92%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

BostonPark CityWellesleyBedfordBonita SpringsConcordDurhamEast HartfordElonLincolnNaplesNorth Fort MyersNorwoodProvidenceWilton

How Baystate Financial Services Foundation Inc gives

  • Giving grew 393% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K6 grants2019 4 grants2020 2 grants2021 2 grants2022 3 grants2023 1 grant2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $18K (2024) to $178K (2025). In 2025 it made 5 grants totaling $178K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Elon University Elon, NCTo Fulfill the Purposes of the Organization$100,000
Youth Haven Naples, FLTo Fulfill the Purposes of the Organization$40,000
Boston Children's Hospital Boston, MATo Fulfill the Purposes of the Organization$22,500
Tommy Bohanon Foundation North Fort Myers, FLTo Fulfill the Purposes of the Organization$7,500
Circle of Care Wilton, CTTo Fulfill the Purposes of the Organization$7,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$316,836$247,850$306,929$177,5005—
2024$375,915$272,555$120,242$17,5001$31
2023$221,864$231,740$136,642$33,5003$30
2022$120,693$167,410$88,838$36,0002—
2021$42,121$6,940$81,627$45,0002—
2020$116,808$19,836$48,815$23,1704—
2019$145,787$159,527$128,101$55,0006—

About Baystate Financial Services Foundation Inc

Based on IRS filings

Baystate Financial Services Foundation Inc is a public charity, based in Boston, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $317K in total assets. In 2025, it awarded 5 grants totaling $178K.

Leadership & Key People

Officers and directors from IRS filings

Baystate Financial Services Foundation Inc is led by David C. Porter, President on every filing since 2019; none of the 10 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David C. Porter

    President

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Alan L. Silverman

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bryan Morrell

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jill Tower Constantine

    Clerk

    On filings since 2019

    4 hrs/week

    No compensation reported

  • John Butterworth

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Maureen Wholey

    Treasurer

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Michael Arnheiter

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Randy Parker

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Andrew Cleary

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Hannah Trudeau

    Clerk From

    New on the 2025 filing

    3 hrs/week

    No compensation reported

Former officers (20)
  • Former: Thomas O'Connor (2019–2024) — Legal Advisor
  • Former: Walter R. May III (2019–2024) — Board Member
  • Former: Austin O'Connor (2019–2021) — Board Member
  • Former: Nick Lent (2019–2021) — Board Member
  • Former: Alberto Vasallo (2019) — Board Member
  • Former: Amy Moore (2019) — Board Member
  • Former: Christopher McIntosh (2019) — Executive Director
  • Former: Chuck Murphy (2019) — Board Member
  • Former: Cosmina Schulman (2019) — Board Member
  • Former: Eran Lobel (2019) — Board Member
  • Former: Frank E. Rudewicz (2019) — Board Member
  • Former: Greg Almeida (2019) — Board Member
  • Former: Guiseppe Stuto (2019) — Board Member
  • Former: Joanne Derr (2019) — Board Member
  • Former: Jonathan Knochel (2019) — Board Member
  • Former: Nathan Pusey (2019) — Board Member
  • Former: Ray Hoefling (2019) — Board Member
  • Former: Robert Murphy (2019) — Board Member
  • Former: Stephen Hall (2019) — Board Member
  • Former: Thomas Lee (2019) — Board Member

Data from IRS Form 990 filings, 2019–2025. "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 Baystate Financial Services Foundation Inc

How much does Baystate Financial Services Foundation Inc give each year?

Baystate Financial Services Foundation Inc gave $178K across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $18K across 1 grant.

What is Baystate Financial Services Foundation Inc's typical grant size?

Baystate Financial Services Foundation Inc's median grant in 2025 was $22,500, and its average grant was $35,500, across 5 grants on its 2025 IRS Form 990.

Where does Baystate Financial Services Foundation Inc give grants?

Baystate Financial Services Foundation Inc gives mostly in North Carolina: 56% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Florida (27%) and Massachusetts (13%).

Does Baystate Financial Services Foundation Inc give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Baystate Financial Services Foundation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "To Fulfill the Purposes of the Organization" (5 grants).

Who are Baystate Financial Services Foundation Inc's largest grantees?

Baystate Financial Services Foundation Inc's largest 2025 grantees include Elon University ($100,000), Youth Haven ($40,000) and Boston Children's Hospital ($22,500), according to its 2025 IRS Form 990. Together they received 92% of its itemized 2025 grant dollars.

How large is Baystate Financial Services Foundation Inc?

Baystate Financial Services Foundation Inc reported $317K in total assets on its 2025 IRS Form 990. Its revenue that year was $248K.

What is Baystate Financial Services Foundation Inc's EIN?

Baystate Financial Services Foundation Inc's EIN (Employer Identification Number) is 04-3505349. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
  2. Updated Form 990 for fiscal year 2025 (received by the IRS July 14, 2026)
  3. Added Form 990 for fiscal year 2019 (received by the IRS July 1, 2020)
  4. Updated Form 990 for fiscal year 2020 (received by the IRS May 4, 2021)
  5. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  6. Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
  7. Updated Form 990 for fiscal year 2023 (received by the IRS August 13, 2024)

Live grants for the work Baystate Financial Services Foundation Inc funds

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Sarracenia Foundation Inc

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Lavin Family Foundation

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The Lavin Family Foundation funds health care, education, stronger families, and women’s advancement, supporting nonprofits and institutions; its 2024 grants had a median of $10,000, though awards ranged from $200 to $850,000. Giving is concentrated in Illinois, with additional grants in Louisiana and elsewhere. It accepts donation requests by letter, with no special form or submission deadline.

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Duke Energy Foundation

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Baystate Financial Services Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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