Baystate Health Foundation Inc
The mission of Baystate Health Foundation is to inspire a "culture of philanthropy and encourage philanthropic relationships that will support the mission and vision of baystate health which is to improve the health of the people in our communities every day, with quality and compassion.
Baystate Health Foundation Inc at a glance
In short: Baystate Health Foundation Inc gave $6.5M across 8 grants in 2025 (avg $816K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $6,527,320
- -22.8% vs 2024
- Grants made (2025)
- 8
- +0.0% vs 2024
- Average grant
- $815,915
- -22.8% vs 2024
- Median grant
- $248,178
- Total assets
- $195,383,128
- +8.1% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Baystate Health Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Baystate Medical Center ($4.2M). Together the top 8 received $6.5M.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was in the $100–250K range: 11 grants of 38 (29%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
How Baystate Health Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−2%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $4.6M (2021) to $8.5M (2024). In 2025 it made 8 grants totaling $6.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Baystate Medical Center Springfield, MA | To Support Education, Research, Clinical and Healthcare Programs. | $4,192,113 |
| Baystate Medical Practices Springfield, MA | To Support Education, Research, Clinical and Healthcare Programs. | $850,287 |
| Baystate Health Inc Springfield, MA | To Support Education, Research, Clinical and Healthcare Programs. | $726,944 |
| Baystate Franklin Medical Center Greenfield, MA | To Support Education, Research, Clinical and Healthcare Programs. | $327,840 |
| Baystate Noble Hospital Corporation Westfield, MA | To Support Education, Research, Clinical and Healthcare Programs. | $168,515 |
| Visiting Nurse Association and Hospice of Western New England Inc West Springfield, MA | To Support Education, Research, Clinical and Healthcare Programs. | $151,981 |
| Baystate Wing Hospital Corporation Palmer, MA | To Support Education, Research, Clinical and Healthcare Programs. | $60,832 |
| Baystate Administrative Services Springfield, MA | To Support Education, Research, Clinical and Healthcare Programs. | $48,808 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $195,383,128 | $11,782,962 | $9,813,512 | $6,527,320 | 8 | $5,594,300 |
| 2024 | $180,784,452 | $13,729,601 | $11,630,181 | $8,450,278 | 8 | $4,735,577 |
| 2023 | $158,241,695 | $19,230,995 | $8,489,441 | $5,312,289 | 7 | $6,632,236 |
| 2022 | $143,679,503 | $33,504,312 | $9,744,733 | $6,629,976 | 8 | $19,945,763 |
| 2021 | $162,504,462 | $11,066,135 | $8,081,283 | $4,625,757 | 7 | $1,081,994 |
| 2020 | $134,661,792 | $13,464,862 | $9,508,697 | $5,932,625 | 8 | $1,887,203 |
| 2019 | $127,120,854 | $9,304,410 | $9,877,982 | $6,304,728 | 7 | $943,373 |
About Baystate Health Foundation Inc
Based on IRS filings
Baystate Health Foundation Inc is a public charity focused on Health, based in Springfield, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $195.4M in total assets. In 2025, it awarded 8 grants totaling $6.5M. Net investment income was $5.6M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Baystate Health Foundation Inc is led by Mark A. Keroack MD, Former Trustee, President & CEO - Bh since 2025 (on filings since 2019); 3 of 27 officers listed in 2025 are compensated.
Officers on the 2025 filing
Mark A. Keroack MD
Former Trustee, President & CEO - Bh
President & Trustee → Trustee, President & CEO - Bh, 2023
Trustee, President & CEO - Bh → Former Trustee, President & CEO - Bh, 2025
On filings since 2019
No compensation reported
Peter D. Banko
Trustee, President & CEO - Bh
On filings since 2024
1 hr/week
No compensation reported
Maureen James
Chair & Trustee
Trustee → Vice Chair & Trustee, 2024
Vice Chair & Trustee → Chair & Trustee, 2025
On filings since 2020
1 hr/week
No compensation reported
Kathleen L. Tobin Martin
Trustee & Int Vice President Philantrpy
Director Annual Fund & Events → Trustee & Int Vice President Philantrpy, 2025
On filings since 2019
50 hrs/week
$131K (2019) → $163K (2025)
Kylie H. Johnson
Director of Planned Giving
Planned Giving Director → Director of Planned Giving, 2025
On filings since 2023
50 hrs/week
$118K (2023) → $129K (2025)
Lisa Moriarty
Director of Operations & Bhf
New on the 2025 filing
50 hrs/week
$138K (2025)
Andrew Artenstein MD
Trustee, Pres-Bmp, Cpe & CAO
Trustee & President Bmp Cpe CAO → Trustee, Pres-Bmp, Cpe & CAO, 2023
On filings since 2019
1 hr/week
No compensation reported
Aram Vartanian
Trustee
On filings since 2019
1 hr/week
No compensation reported
Dena M. Hall
Trustee
Chair → Trustee, 2022
On filings since 2019
1 hr/week
No compensation reported
John F. Maybury
Trustee
On filings since 2019
1 hr/week
No compensation reported
Kristin R. Delaney
Clerk & Director Strategy
Clerk → Clerk & Director Corp Governance, 2023
Clerk & Director Corp Governance → Clerk & Director Strategy, 2025
On filings since 2019
1 hr/week
No compensation reported
Mark W. Teed
Trustee
Chair → Chair & Trustee, 2023
Chair & Trustee → Trustee, 2025
On filings since 2019
1 hr/week
No compensation reported
Michele Megas-Ditomassi
Trustee
On filings since 2019
1 hr/week
No compensation reported
Samuel Hanmer
Trustee
On filings since 2019
1 hr/week
No compensation reported
Scott Berg
Trustee & Vice President Philanthropy
Trustee & Vice President Philanthropy → Tustee & Vice President Philanthropy, 2020
Tustee & Vice President Philanthropy → Trustee & Vice President Philanthropy, 2021
On filings since 2019
50 hrs/week
No compensation reported
Jeffrey A. Amanti
Trustee
On filings since 2020
1 hr/week
No compensation reported
Raymond McCarthy
Trustee, Senior Vice President, CFO & Treasurer Bh
Senior Vice President, Finance, CFO & Treasurer → Treasurer & Trustee, 2021
Treasurer & Trustee → Trustee, Senior Vice President, CFO & Treasurer Bh, 2023
On filings since 2020
1 hr/week
No compensation reported
Vincent J. Cardillo
Trustee
On filings since 2020
1 hr/week
No compensation reported
Madeline Landrau
Trustee
On filings since 2021
1 hr/week
No compensation reported
Christopher Orszulak
Trustee
On filings since 2022
1 hr/week
No compensation reported
Jacqueline Rodriquez
Trustee
On filings since 2023
1 hr/week
No compensation reported
Michelle Dwyer
Trustee
On filings since 2023
1 hr/week
No compensation reported
Samuel Skura
Trustee & Int COO
Trustee & President Bmc Senior Vice President → Trustee & Int COO, 2025
On filings since 2023
1 hr/week
No compensation reported
Laurie Martin
Trustee, CFO & Treasurer - Bh
New on the 2025 filing
1 hr/week
No compensation reported
Peter Greenberg
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Scott Lichtenberger
Trustee & COO
New on the 2025 filing
1 hr/week
No compensation reported
Nancy Remillard
Assistant Clerk of the Corporate
Assistant Clerk → Assistant Clerk of the Corporate, 2023
On filings since 2019
1 hr/week
No compensation reported
Former officers (16)
- Former: James P. Sadowsky (2019–2024) — Trustee
- Former: Steven M. Dane (2019–2024) — Trustee
- Former: Marion McGowan (2021–2024) — Former Director, Executive Vice President & Coo-Bh
- Former: Teresa Grove (2024) — Philanthropy Officer
- Former: Ali Salehi (2019–2023) — Vice Chair & Trustee
- Former: Jean Deliso (2019–2023) — Trustee
- Former: Timothy Caney (2021–2023) — Director Finance Bhf
- Former: Allison Gomes (2023) — Director & Major Gifts
- Former: Kathleen M. Bronner (2019–2022) — Director of Philanthropy
- Former: Mark R. Tolosky (2019–2022) — Trustee
- Former: Nancy L Shendell-Falik (2019–2022) — Former Trustee & President Bmc
- Former: Christopher T Cloutier MSFS (2019–2021) — Trustee
- Former: Dennis W Chalke (2019–2021) — Former Treasurer & Trustee
- Former: Mary C Mcgovern (2019–2021) — Trustee
- Former: Barry Jacobs MD (2019) — Trustee
- Former: Katharyn Pacheco (2019) — Director of Finance & Bhf
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $163K, to Kathleen L Tobin Martin (Trst (As of 11/24)/Int VP Philantrpy). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Baystate Health Foundation Inc
How much does Baystate Health Foundation Inc give each year?
Baystate Health Foundation Inc gave $6.5M across 8 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $8.5M across 8 grants.
What is Baystate Health Foundation Inc's typical grant size?
Baystate Health Foundation Inc's median grant in 2025 was $248,178, and its average grant was $815,915, across 8 grants on its 2025 IRS Form 990.
Where does Baystate Health Foundation Inc give grants?
Baystate Health Foundation Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Springfield, MA (4 grants).
Does Baystate Health Foundation Inc give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Baystate Health Foundation Inc's 2025 IRS Form 990 were described as general or operating support.
Who are Baystate Health Foundation Inc's largest grantees?
Baystate Health Foundation Inc's largest 2025 grantees include Baystate Medical Center ($4,192,113), Baystate Medical Practices ($850,287) and Baystate Health Inc ($726,944), according to its 2025 IRS Form 990. Together they received 88% of its itemized 2025 grant dollars.
How large is Baystate Health Foundation Inc?
Baystate Health Foundation Inc reported $195.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $11.8M.
What is Baystate Health Foundation Inc?
Baystate Health Foundation Inc is a public charity focused on Health, based in Springfield, MA. It holds $195.4M in total assets as of 2025.
What is Baystate Health Foundation Inc's EIN?
Baystate Health Foundation Inc's EIN (Employer Identification Number) is 04-3549011. 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
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 5, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 11, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 12, 2026)
- IRS filings on file for fiscal years 2020–2024
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