Bobby Costello Scholorship Fund

BRADFORD, MA EIN: 04-3575889

Bobby Costello Scholorship Fund is a private foundation focused on Education, based in BRADFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $115K in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$115K

-2.4% YoY

Annual Giving

$6K

-0.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

-0.5% YoY

Under IRS private-foundation payout rules, Bobby Costello Scholorship Fund reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About Bobby Costello Scholorship Fund

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Hampshire $20K (70%)

Massachusetts $9K (30%)

States

Massachusetts New Hampshire

Cities

HaverhillManchester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$115,053	$117,831	$121,067
Revenue	$3,297	$2,854	$2,098
Expenses	$6,075	$6,090	$6,237
Qualifying Distributions	$6,000	$6,028	$6,139
Net Investment Income	$3,197	$2,854	$1,948
Distributable Amount	$5,731	$5,843	$6,038

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Anselm's College ($6,000).

Recipient	Purpose	Amount
ST ANSELM'S COLLEGE MANCHESTER, NH	SCHOLARSHIPS	$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SARA REARDON	TRUSTEE	—	—
WILLIAM P BOLAND III	TRUSTEE	—	—
WILLIAM J COSTELLO	TRUSTEE	—	—
E LYNN GARDNER	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Bobby Costello Scholorship Fund?

Bobby Costello Scholorship Fund is a private foundation focused on Education, based in BRADFORD, MA. It holds $115K in total assets as of 2024.

How large is Bobby Costello Scholorship Fund?

As of 2024, Bobby Costello Scholorship Fund holds $115K in total assets with $3K in annual revenue. It awarded 1 grants totaling $6K in 2024.

Where does Bobby Costello Scholorship Fund operate?

Bobby Costello Scholorship Fund has awarded grants in Massachusetts, New Hampshire.

What size grants does Bobby Costello Scholorship Fund award?

In 2024, Bobby Costello Scholorship Fund awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Bobby Costello Scholorship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bobby Costello Scholorship Fund reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bobby Costello Scholorship Fund's EIN?

Bobby Costello Scholorship Fund's EIN (Employer Identification Number) is 04-3575889. IRS Form 990 filing data is available on this page for 2020–2024.