Baystate Financial Services Foundation Inc
To raise cash through various events to support new england/boston based charities.
Key facts about Baystate Financial Services Foundation Inc
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.
- EIN
- 04-3505349
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $177,500
- Grants made (2025)
- 5
- Average grant
- $35,500
- Median grant
- $22,500
- Total assets
- $316,836
- Primary geography
- North Carolina (56% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$317K
-15.7% YoY
Annual Giving
$178K
+914.3% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$36K
+102.9% YoY
How Baystate Financial Services Foundation Inc gives
- Giving grew 393% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
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.
Focus Areas
Open Grants
1 open opportunity from Baystate Financial Services Foundation Inc
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $18K (2024) to $178K (2025). In 2025 it made 5 grants totaling $178K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Elon University ($100K). Together the top 5 received $178K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 12 grants of 13 (92%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Elon University Elon, NC | To Fulfill the Purposes of the Organization | $100,000 |
| Youth Haven Naples, FL | To Fulfill the Purposes of the Organization | $40,000 |
| Boston Children's Hospital Boston, MA | To Fulfill the Purposes of the Organization | $22,500 |
| Tommy Bohanon Foundation North Fort Myers, FL | To Fulfill the Purposes of the Organization | $7,500 |
| Circle of Care Wilton, CT | To Fulfill the Purposes of the Organization | $7,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $316,836 | $375,915 | $221,864 |
| Revenue | $247,850 | $272,555 | $231,740 |
| Expenses | $306,929 | $120,242 | $136,642 |
| Net Investment Income | — | $31 | $30 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS July 14, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS July 1, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 13, 2024)
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.
Here's the math on researching Baystate Financial Services Foundation Inc by hand.
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