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Baystate Financial Services

Foundation · Grantmaker Boston, MA EIN: 04-3505349 Website

THE MISSION OF BAYSTATE FINANCIAL SERVICES FOUNDATION, INC. IS TO RAISE MONEY THROUGH VARIOUS EVENTS TO SUPPORT LOCAL NEW ENGLAND AREA CHARITIES. SOME OF THE LOCAL CHARITIES THAT THE FOUNDATION SERVES ARE THE BOSTON CHILDREN'S HOSPITAL, JUNIOR ACHIEVEMENT OF GREATER BOSTON, LAKES REGION COMMUNITY COLLEGE, READ TO A CHILD AND UCONN FOUNDATION.

Key facts about Baystate Financial Services

EIN
04-3505349
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$17,500
Grants made (2024)
1
Average grant
$17,500
Median grant
$17,500
Total assets
$375,915
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$376K

+69.4% YoY

Annual Giving

$18K

Grant Count

1

Avg Grant Size

$18K

About Baystate Financial Services

Based on IRS filings

Baystate Financial Services is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $376K in total assets. In 2024, it awarded 1 grant totaling $18K. Net investment income was $31.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

Cities

Boston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$75K$150K$225K$300K20202021202220232024
Metric202420232022
Total Assets$375,915$221,864$120,693
Revenue$272,555$231,740$167,410
Expenses$120,242$136,642$88,838
Qualifying Distributions———
Net Investment Income$31$30—
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$9K$13K$18K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Boston Children's Hospital: $18KBoston Children's Hospital$18K

Grant Size Distribution

1 grants across all recorded years

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

Open Grants

1 open opportunity from Baystate Financial Services

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Boston Children's Hospital ($17,500).

RecipientPurposeAmount
BOSTON CHILDREN'S HOSPITAL Boston, MATO FULFILL THE PURPOSES OF THE ORGANIZATION$17,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
David C PorterPresident4—
Jill Tower ConstantineClerk3—
Maureen WholeyTreasurer3—
Bryan MorrellBoard Member1—
John ButterworthBoard Member1—
Alan L SilvermanBoard Member1—
Randy ParkerBoard Member1—
Michael ArnheiterBoard Member1—
Andrew ClearyBoard Member1—
Thomas O'ConnorLegal Advisor (Part Year)2—
Walter R May IIIBoard Member (Part Year)1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Baystate Financial Services?

Baystate Financial Services is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. It holds $376K in total assets as of 2024.

How large is Baystate Financial Services?

As of 2024, Baystate Financial Services holds $376K in total assets with $273K in annual revenue. It awarded 1 grant totaling $18K in 2024.

Where does Baystate Financial Services operate?

Baystate Financial Services has awarded grants in Massachusetts.

What size grants does Baystate Financial Services award?

In 2024, Baystate Financial Services awarded 1 grant totaling $18K — an average of about $18K per grant, based on its IRS Form 990 filings.

What is Baystate Financial Services's EIN?

Baystate Financial Services's EIN (Employer Identification Number) is 04-3505349. IRS Form 990 filing data is available on this page for 2020–2024.

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

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