Bluestone Bank Charitable Foundation

RAYNHAM, MA EIN: 11-3689271

Bluestone Bank Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAYNHAM, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $573K in total assets. In 2024, it awarded 55 grants totaling $189K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$573K

+3.2% YoY

Annual Giving

$189K

-3.9% YoY

Grant Count

+17.0% YoY

Avg Grant Size

$3K

-17.9% YoY

Under IRS private-foundation payout rules, Bluestone Bank Charitable Foundation reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.

About Bluestone Bank Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $623K (97%)

Rhode Island $18K (3%)

Florida $1K (0%)

States

Florida Massachusetts Rhode Island

Cities

AttleboroBelmontBostonBridgewaterBrocktonCarverCranstonEast BridgewaterEastonFoxboroFranklinLynnMansfieldMarlboroughMarshfieldMiamiMiddleboroMiddleboroughMillvilleNorth Attleboro

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$573,101	$555,249	$530,318
Revenue	$173,980	$178,842	$517,592
Expenses	$192,823	$202,597	$205,602
Qualifying Distributions	$191,020	$198,699	$200,492
Net Investment Income	$22,360	$27,342	$85,696
Distributable Amount	$26,623	$25,960	$28,667

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

164 grants across all recorded years

Open Grants

1 open opportunity from Bluestone Bank Charitable Foundation

Foundation

BBCF Grants

Bluestone Bank Charitable Foundation

Amount

Up to US $5,000

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Old Colony Habitat for Humanity - Attleboro ($10,000), St Vincent de Paul Society - Norton ($10,000), My Brother's Keeper ($7,500).

Recipient	Purpose	Amount
Ascension Career Training Middleboro, MA	General Support	$5,000
Attleboro Arts Museum Attleboro, MA	General Support	$2,500
Attleboro YMCA Attleboro, MA	General Support	$2,500
Be community West Bridgewater, MA	General Support	$2,500
Boy Scouts of America - Narragansett Council Cranston, RI	General Support	$3,000
Bridgewater Food Pantry Bridgewater, MA	General Support	$2,700
Bridgewater Junior Music Boosters Bridgewater, MA	General Support	$1,500
Children's Museum in Easton North Easton, MA	General Support	$1,500
Coaching4Change Taunton, MA	General Support	$3,000
Confikids Inc Foxboro, MA	General Support	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
William Clay	Director (start 8/2024)	2	—
Jennifer Colburn	Director (start 8/2024)	2	—
Michael Giancolo	Director	2	—
Christine Moscaritolo	Director (start 8/2024)	2	—
Steven Oberlander	Director	2	—
Robert Peixoto	Director (start 8/2024)	2	—
Margaret D McIsaac	President/Director	2	—
Kimberly Thomas	Chair	2	—
Michael Baker	Treasurer (end 1/2024)	2	—
Nicholas Gervasi	Clerk	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bluestone Bank Charitable Foundation?

Bluestone Bank Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAYNHAM, MA. It holds $573K in total assets as of 2024.

How large is Bluestone Bank Charitable Foundation?

As of 2024, Bluestone Bank Charitable Foundation holds $573K in total assets with $174K in annual revenue. It awarded 55 grants totaling $189K in 2024.

Where does Bluestone Bank Charitable Foundation operate?

Bluestone Bank Charitable Foundation has awarded grants in Florida, Massachusetts, Rhode Island.

What size grants does Bluestone Bank Charitable Foundation award?

In 2024, Bluestone Bank Charitable Foundation awarded 55 grants totaling $189K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Bluestone Bank Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bluestone Bank Charitable Foundation reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bluestone Bank Charitable Foundation's EIN?

Bluestone Bank Charitable Foundation's EIN (Employer Identification Number) is 11-3689271. IRS Form 990 filing data is available on this page for 2021–2024.