Bilezikian Family Foundation Inc
Bilezikian Family Foundation Inc is a private foundation based in Yarmouthport, Massachusetts. It supports charitable organizations in areas including education, health and human services, science, the arts, and the environment, with a stated focus on organizations in the Cape Cod community, Massachusetts, and Armenia.
Key facts about Bilezikian Family Foundation Inc
In short: Bilezikian Family Foundation Inc gave $1.0M across 70 grants in 2024 (avg $15K), mostly in Massachusetts. 31% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 04-3504021
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,027,265
- Grants made (2024)
- 70
- Average grant
- $14,675
- Median grant
- $10,000
- New grantees (estimate)
- 31% first-time grantees (22 of 70, 2024)
- Total assets
- $18,758,315
- Primary geography
- Massachusetts (90% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.8M
+2.2% YoY
Annual Giving
$1.0M
+9.9% YoY
Grant Count
70
+18.6% YoY
Avg Grant Size
$15K
-7.4% YoY
Under IRS private-foundation payout rules, Bilezikian Family Foundation Inc reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Is Bilezikian Family Foundation Inc open to new grantees?
31%
first-time grantees, 2024
In 2024, 22 of 70 grantees (31%) were first-time recipients. First grants averaged $10K; repeat grants $17K. How we count
Medians: $8K first-time, $10K repeat.
- 47% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−9%). Method
- In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s mission is to further the charitable purposes of the Bilezikian family in education, health and human services, science, the arts, and the environment. It also seeks to educate family members and others in philanthropy, community service, and stewardship, and to build a sense of community.
The foundation says it focuses on supporting 501(c)(3) organizations in Cape Cod, Massachusetts, and Armenia. Its grantees illustrate a range of work: Perkins School for the Blind says it serves children and young adults with multiple disabilities through education, accessibility, professional development, and innovation. Cape Arts & Entertainment describes its work as advancing the region’s cultural, educational, and economic interests through music and the arts. Habitat for Humanity of Cape Cod says it builds homes, hope, lives, and community in partnership with families in need. The Center for Coastal Studies describes its work as marine research, public education, and policy to protect coastal and ocean resources.
Grantmaking
In 2024, the foundation made 70 grants totaling $1,027,265. The median grant was $10,000; amounts ranged from $400 to $83,834. Grants listed on the filing generally described their purpose as support for the recipient organization’s programs.
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Geographic Focus
Where this funder awards grants
The foundation states that it focuses on 501(c)(3) organizations in Cape Cod, Massachusetts, and Armenia. In 2024, 90% of grant dollars went to recipients in Massachusetts, 7% to New Jersey, 2% to New York, 1% to Florida, and less than 1% to Washington, D.C.
Grant Distribution by State
Share of 2024 grant dollars across all 70 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $817K (2022) to $1.1M (2021). In 2024 it made 70 grants totaling $1.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Perkins School for the Blind ($84K). Together the top 10 received $451K.
Grant Size Distribution
304 grants across all recorded years
The most common grant size was under $50K: 284 grants of 304 (93%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Perkins School for the Blind Watertown, MA | Support for Organization's Programs | $83,834 |
| Armenian Missionary Association of America Paramus, NJ | Support for Organization's Programs | $67,500 |
| Compact of Cape Cod Conservation Trust Barnstable, MA | Support for Organization's Programs | $57,500 |
| Armenian Memorial Church Watertown, MA | Support for Organization's Programs | $40,000 |
| Cape Arts & Entertainment Falmouth, MA | Support for Organization's Programs | $40,000 |
| Katelynn's Closet Inc South Yarmouth, MA | Support for Organization's Programs | $40,000 |
| Provincetown Art Association Watertown, MA | Support for Organization's Programs | $40,000 |
| Health Ministry Inc Hyannis, MA | Support for Organization's Programs | $29,796 |
| United Way of Cape Cod & Islands Hyannis, MA | Support for Organization's Programs | $27,500 |
| Habitat for Humanity of Cape Cod Inc Yarmouth Port, MA | Support for Organization's Programs | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $18,758,315 | $1,927,325 | $1,517,883 | $1,027,265 |
| 2023 | $18,348,873 | $773,227 | $1,326,727 | $934,823 |
| 2022 | $18,904,716 | $1,956,823 | $1,112,872 | $816,949 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,758,315 | $18,348,873 | $18,904,716 |
| Revenue | $1,927,325 | $773,227 | $1,956,823 |
| Expenses | $1,517,883 | $1,326,727 | $1,112,872 |
| Qualifying Distributions | $1,098,372 | $959,823 | $816,949 |
| Net Investment Income | $1,608,461 | $541,509 | $1,827,679 |
| Distributable Amount | $1,112,038 | $1,060,401 | $1,003,362 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Doreen Bilezikian as president, secretary, and director; Henry L. Murphy and Jeffrey D. Bilezikian as directors; Gregory C. Bilezikian as treasurer and executive director; and Kate T. Bilezikian as grant manager.
Bilezikian Family Foundation Inc is led by Gregory C. Bilezikian, Treasurer & Executive Director since 2022 (on filings since 2020); 2 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Gregory C. Bilezikian
Treasurer & Executive Director
Vice President & Director → Treasurer & Executive Director, 2022
On filings since 2020
20 hrs/week
$85K (2022) → $30K (2024)
Doreen Bilezikian
President, Secretary & Director
President & Director → President, Secretary & Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Jeffrey D. Bilezikian
Director
Treasurer & Director → Treasurer & Executive Director, 2021
Treasurer & Executive Director → Director, 2022
On filings since 2020
1 hr/week
$95K (2020) → $0 (2024)
Henry L. Murphy
Director
Clerk & Director → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Kate T. Bilezikian
Grant Manager
On filings since 2023
20 hrs/week
$47K (2023) → $51K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $51K, to Kate T Bilezikian (Grant Manager). 2 officers or directors reported compensation on that filing.
Contact
Mailing address: 231 Willow Street, Yarmouthport, MA 02675-1744
Phone: (508) 375-0005
Website: https://bilezikianfamilyfoundation.org
Frequently asked questions about Bilezikian Family Foundation Inc
How much does Bilezikian Family Foundation Inc give each year?
Bilezikian Family Foundation Inc gave $1.0M across 70 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $935K across 59 grants.
What is Bilezikian Family Foundation Inc's typical grant size?
Bilezikian Family Foundation Inc's median grant in 2024 was $10,000, and its average grant was $14,675, across 70 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Bilezikian Family Foundation Inc that year got $10K on average.
Where does Bilezikian Family Foundation Inc give grants?
Bilezikian Family Foundation Inc gives mostly in Massachusetts: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (7%). The most frequent recipient cities were Hyannis, MA (10 grants), Harwich, MA (5 grants), Watertown, MA (4 grants) and Falmouth, MA (4 grants).
Does Bilezikian Family Foundation Inc give general operating support?
Not in 2024: none of the 70 grants with a stated purpose on Bilezikian Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support for Organization's Programs" (70 grants).
Who are Bilezikian Family Foundation Inc's largest grantees?
Bilezikian Family Foundation Inc's largest 2024 grantees include Perkins School for the Blind ($83,834), Armenian Missionary Association of America ($67,500) and Compact of Cape Cod Conservation Trust ($57,500), according to its 2024 IRS Form 990-PF. Together they received 20% of its itemized 2024 grant dollars.
How large is Bilezikian Family Foundation Inc?
Bilezikian Family Foundation Inc reported $18.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Bilezikian Family Foundation Inc fund?
The foundation’s mission is to further the charitable purposes of the Bilezikian family in education, health and human services, science, the arts, and the environment. See mission & focus areas ↑
How do I apply for a grant from Bilezikian Family Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bilezikian Family Foundation Inc's EIN?
Bilezikian Family Foundation Inc's EIN (Employer Identification Number) is 04-3504021. IRS Form 990 filing data is available on this page for 2020–2024.
Does Bilezikian Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Bilezikian Family Foundation Inc by hand.
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