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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$180.8M
+14.2% YoY
Annual Giving
$8.5M
+59.1% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$1.1M
+39.2% YoY
About Baystate Health Foundation Inc
Based on IRS filings
Baystate Health Foundation Inc is a nonprofit organization focused on Health, based in SPRINGFIELD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $180.8M in total assets. In 2024, it awarded 8 grants totaling $8.5M. Net investment income was $4.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $180,784,452 | $158,241,695 | $143,679,503 |
| Revenue | $13,729,601 | $19,230,995 | $33,504,312 |
| Expenses | $11,630,181 | $8,489,441 | $9,744,733 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,735,577 | $6,632,236 | $19,945,763 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Baystate Medical Center ($5,732,405), Baystate Medical Practices ($985,459), Baystate Health Inc ($678,528).
| Recipient | Purpose | Amount |
|---|---|---|
| BAYSTATE MEDICAL CENTER SPRINGFIELD, MA | TO SUPPORT EDUCATION, RESEARCH, CLINICAL AND HEALTHCARE PROGRAMS. | $5,732,405 |
| BAYSTATE MEDICAL PRACTICES SPRINGFIELD, MA | TO SUPPORT EDUCATION, RESEARCH, CLINICAL AND HEALTHCARE PROGRAMS. | $985,459 |
| BAYSTATE FRANKLIN MEDICAL CENTER GREENFIELD, MA | TO SUPPORT EDUCATION, RESEARCH, CLINICAL AND HEALTHCARE PROGRAMS. | $525,293 |
| BAYSTATE HEALTH INC SPRINGFIELD, MA | TO SUPPORT EDUCATION, RESEARCH, CLINICAL AND HEALTHCARE PROGRAMS. | $678,528 |
| BAYSTATE NOBLE HOSPITAL CORPORATION WESTFIELD, MA | TO SUPPORT EDUCATION, RESEARCH, CLINICAL AND HEALTHCARE PROGRAMS. | $309,975 |
| BAYSTATE WING HOSPITAL CORPORATION PALMER, MA | TO SUPPORT EDUCATION, RESEARCH, CLINICAL AND HEALTHCARE PROGRAMS. | $59,778 |
| VISITING NURSE ASSOCIATION AND HOSPICE OF WESTERN NEW ENGLAND INC WEST SPRINGFIELD, MA | TO SUPPORT EDUCATION, RESEARCH, CLINICAL AND HEALTHCARE PROGRAMS. | $153,007 |
| BAYSTATE ADMINISTRATIVE SERVICES SPRINGFIELD, MA | TO SUPPORT EDUCATION, RESEARCH, CLINICAL AND HEALTHCARE PROGRAMS. | $5,833 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK A KEROACK MD | TRUSTEE (THRU 6/3/24)/PRESIDENT & CEO - BH | 1 | — |
| ANDREW ARTENSTEIN MD | TRUSTEE/PRES-BMP/CPE, CAO | 1 | — |
| RAYMOND MCCARTHY | TRUSTEE/SVP, CFO & TREASURER BH | 1 | — |
| SAMUEL SKURA | TRUSTEE/PRES BMC SVP | 1 | — |
| SCOTT BERG | TRUSTEE/VP PHILANTHROPY | 50 | — |
| MARK W TEED | CHAIR/TRUSTEE | 1 | — |
| PETER D BANKO | TRUSTEE (AS OF 6/4/24)/PRESIDENT & CEO - BH | 1 | — |
| ARAM VARTANIAN | TRUSTEE | 1 | — |
| CHRISTOPHER ORSZULAK | TRUSTEE | 1 | — |
| DENA M HALL | TRUSTEE (AS OF 1/1/24) | 1 | — |
| JACQUELINE RODRIQUEZ | TRUSTEE | 1 | — |
| JAMES P SADOWSKY | TRUSTEE (THRU 12/31/23) | 1 | — |
| JEFFREY A AMANTI | TRUSTEE | 1 | — |
| JOHN F MAYBURY | TRUSTEE | 1 | — |
| MADELINE LANDRAU | TRUSTEE | 1 | — |
| MAUREEN JAMES | VICE CHAIR (AS OF 1/1/24)/TRUSTEE | 1 | — |
| MICHELE MEGAS-DITOMASSI | TRUSTEE | 1 | — |
| MICHELLE DWYER | TRUSTEE | 1 | — |
| SAMUEL HANMER | TRUSTEE | 1 | — |
| STEVEN M DANE | TRUSTEE (THRU 12/31/23) | 1 | — |
| VINCENT J CARDILLO | TRUSTEE | 1 | — |
| KRISTIN R DELANEY | CLERK/DIR CORP GOVERNANCE | 1 | — |
| NANCY REMILLARD | ASST. CLERK OF THE CORP | 1 | — |
| KATHLEEN L TOBIN MARTIN | DIRECTOR ANNUAL FUND & EVENTS | 50 | $148,423 |
| KYLIE H JOHNSON | PLANNED GIVING DIRECTOR | 50 | $123,335 |
| TERESA GROVE | PHILANTHROPY OFFICER | 50 | $100,294 |
| MARION MCGOWAN | FORMER DIRECTOR/EVP, COO-BH | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Baystate Health Foundation Inc?
Baystate Health Foundation Inc is a nonprofit organization focused on Health, based in SPRINGFIELD, MA. It holds $180.8M in total assets as of 2024.
How large is Baystate Health Foundation Inc?
As of 2024, Baystate Health Foundation Inc holds $180.8M in total assets with $13.7M in annual revenue. It awarded 8 grants totaling $8.5M in 2024.
Where does Baystate Health Foundation Inc operate?
Baystate Health Foundation Inc has awarded grants in Massachusetts.
What size grants does Baystate Health Foundation Inc award?
In 2024, Baystate Health Foundation Inc awarded 8 grants totaling $8.5M — an average of about $1.1M per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Baystate Health Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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