BSNB Charitable Foundation

Foundation · Grantmaker Ballston Spa, NY EIN: 26-4076038

BSNB Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Ballston Spa, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $217K in total assets. In 2024, it awarded 9 grants totaling $18K. Net investment income was $15K.

Key facts about BSNB Charitable Foundation

EIN
26-4076038
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$18,000
Grants made (2024)
9
Average grant
$2,000
Median grant
$1,000
Total assets
$217,367
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who BSNB Charitable Foundation funds

By grant dollars, the top recipient states for BSNB Charitable Foundation's 9 itemized 2024 grants were New York (100%). The most frequent recipient cities were Ballston Spa, NY (2 grants) and Albany, NY (2 grants). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (5 grants).

How BSNB Charitable Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+13%). Method
  • In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$217K

-1.7% YoY

Annual Giving

$18K

+12.5% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$2K

-12.5% YoY

Under IRS private-foundation payout rules, BSNB Charitable Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

About BSNB Charitable Foundation

Based on IRS filings

BSNB Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Ballston Spa, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $217K in total assets. In 2024, it awarded 9 grants totaling $18K. Net investment income was $15K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 9 itemized 2024 grant dollars.

States

Cities

Ballston SpaAlbanyVoorheesvilleGalwayStillwaterGlenvilleLake LuzerneSaratoga SpringsSchenectadyBallston LakeBurnt Hills

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8K$16K$24K$32K20202021202220232024
Metric202420232022
Total Assets$217,367$221,142$230,428
Revenue$14,898$6,808$5,553
Expenses$18,673$16,215$20,241
Qualifying Distributions$18,050$16,100$20,100
Net Investment Income$14,880$6,790$5,553
Distributable Amount$21,445$18,598$17,643

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K13 grants202012 grants202117 grants20227 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Ballston Spa Central School District: $7K across 2 grantsBallston Spa Central SchoolDistrict$7K · 2 grantsCommunity Loan Fund of the Capital Region Inc: $5KCommunity Loan Fund of theCapital Region Inc$5KBurnt Hills - Ballston Lake Central School District: $1KBurnt Hills - Ballston LakeCentral School District$1KGalway Central School District: $1KGalway Central School District$1KStillwater Central School District: $1KStillwater Central SchoolDistrict$1KVoorheesville Central School District: $1KVoorheesville Central SchoolDistrict$1KDouble H - Hole in the Woods Ranch Inc: $1KDouble H - Hole in the WoodsRanch Inc$1KCapital City Gospel Mission: $1KCapital City Gospel Mission$1K

Grant Size Distribution

58 grants across all recorded years

58<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Ballston Spa Central School District ($7,000 across 2 grants), Community Loan Fund of the Capital Region Inc ($5,000), Burnt Hills - Ballston Lake Central School District ($1,000).

RecipientPurposeAmount
BALLSTON SPA CENTRAL SCHOOL DISTRICT Ballston Spa, NYROBOTICS$6,000
COMMUNITY LOAN FUND OF THE CAPITAL REGION INC Albany, NYCOMMUNITY SUPPORT$5,000
BALLSTON SPA CENTRAL SCHOOL DISTRICT Ballston Spa, NYSCHOLARSHIP$1,000
BURNT HILLS - BALLSTON LAKE CENTRAL SCHOOL DISTRICT Burnt Hills, NYSCHOLARSHIP$1,000
GALWAY CENTRAL SCHOOL DISTRICT Galway, NYSCHOLARSHIP$1,000
STILLWATER CENTRAL SCHOOL DISTRICT Stillwater, NYSCHOLARSHIP$1,000
VOORHEESVILLE CENTRAL SCHOOL DISTRICT Voorheesville, NYSCHOLARSHIP$1,000
DOUBLE H - HOLE IN THE WOODS RANCH INC Lake Luzerne, NYEDUCATION$1,000
CAPITAL CITY GOSPEL MISSION Albany, NYCOMMUNITY SUPPORT$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Richard SleasmanChairman of the Board1—
Christopher DowdPresident and CEO1—
James DoddEVP and CFO1—
James ConroyEVP and Cbo1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is BSNB Charitable Foundation?

BSNB Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Ballston Spa, NY. It holds $217K in total assets as of 2024.

How large is BSNB Charitable Foundation?

As of 2024, BSNB Charitable Foundation holds $217K in total assets with $15K in annual revenue. It awarded 9 grants totaling $18K in 2024.

Where does BSNB Charitable Foundation operate?

BSNB Charitable Foundation has awarded grants in New York.

What size grants does BSNB Charitable Foundation award?

In 2024, BSNB Charitable Foundation awarded 9 grants totaling $18K — an average of about $2K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, BSNB Charitable Foundation reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is BSNB Charitable Foundation's EIN?

BSNB Charitable Foundation's EIN (Employer Identification Number) is 26-4076038. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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