Friends of Bassett Inc logo

Friends of Bassett Inc

Public charity · Grantmaker Cooperstown, NY EIN: 23-7041610 Website

Key facts about Friends of Bassett Inc

In short: Friends of Bassett Inc gave $2.7M across 8 grants in 2024 (avg $340K), mostly in New York. Source: 2024 IRS Form 990.

EIN
23-7041610
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$2,721,300
Grants made (2024)
8
Average grant
$340,163
Median grant
$212,337
Total assets
$20,313,266
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$20.3M

+17.5% YoY

Annual Giving

$2.7M

+14.8% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$340K

+14.8% YoY

How Friends of Bassett Inc gives

  • Giving fell 47% from 2021 to 2024. Method

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

About Friends of Bassett Inc

Based on IRS filings

Friends of Bassett Inc is a public charity, based in Cooperstown, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.3M in total assets. In 2024, it awarded 8 grants totaling $2.7M. Net investment income was $876K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 8 itemized grants.

States

Cities

HerkimerCooperstownCobleskillDelhiLittle FallsOneonta

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M7 grants2020 8 grants2021 8 grants2022 8 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $2.4M (2023) to $5.1M (2021). In 2024 it made 8 grants totaling $2.7M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Bassett Medical Center: $1.0MBassett Medical Center$1.0MO'Connor Hospital: $623KO'Connor Hospital$623KBassett Healthcare Network: $442KBassett Healthcare Network$442KAo Fox Hospital: $326KAo Fox Hospital$326KBassett Hospital Schoharie County: $99KBassett Hospital SchoharieCounty$99KValley Health Services: $96KValley Health Services$96KLittle Falls Hospital: $82KLittle Falls Hospital$82KValley Residential Services: $26KValley Residential Services$26K

The largest 2024 recipient was Bassett Medical Center ($1.0M). Together the top 8 received $2.7M.

Grant Size Distribution

39 grants across all recorded years

6<$50K9$50–100K6$100–250K10$250–500K4$500K–1M4$1–5M$5M+

The most common grant size was in the $250–500K range: 10 grants of 39 (26%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bassett Medical Center Cooperstown, NYSupport$1,028,437
O'Connor Hospital Delhi, NYSupport$622,838
Bassett Healthcare Network Cooperstown, NYSupport$441,658
Ao Fox Hospital Oneonta, NYSupport$326,157
Bassett Hospital Schoharie County Cobleskill, NYSupport$98,517
Valley Health Services Herkimer, NYSupport$96,388
Little Falls Hospital Little Falls, NYSupport$81,590
Valley Residential Services Herkimer, NYSupport$25,715

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$20,313,266$17,282,501$13,296,595
Revenue$5,028,267$4,838,799$3,188,334
Expenses$2,824,898$2,551,139$3,732,003
Net Investment Income$875,802$86,570$51,546

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Friends of Bassett Inc is led by Steven Kroll, Chair since 2024 (on filings since 2022); none of the 22 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Steven Kroll

    Chair

    Board Member → Chairman, 2023

    Chairman → Chair, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Joyce Barber

    Board Member

    Director → Board Member, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Peter J Hamilton

    Board Officer

    Reg Vice President → Board Member, 2021

    Board Member → Board Officer, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Bill Moseley

    Secretary

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Heidi Camardello

    Board Member

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Michael A Perrino Jr.

    Board Member

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Arnie Drogen

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Dave Rowley

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • James Patrick

    Vice Chair & Treasurer

    Treasurer → Vice Chair & Treasurer, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Robert Hanft

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Terry Fulmer

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Tommy Ibrahim MD

    Former President

    Board Officer → Ex-Officio, 2023

    Ex-Officio → Former President, 2024

    On filings since 2022

    No compensation reported

  • Curtis Pearsall

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Erna Morgan McReynolds

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Reggie Knight MD

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Campbell Moffat

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Craig Faerber

    Interim Network CFO

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Ian Kenyon

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Jessica Gorman

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Jim Brock

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Laurie Zimniewicz

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Staci Thompson

    Ex-Officio

    New on the 2024 filing

    2 hrs/week

    No compensation reported

Former officers (26)
  • Former: Albert Weiss (2020–2023) — Board Member
  • Former: John Zogby (2020–2023) — Chairman
  • Former: Kathleen Johnson (2020–2023) — Board Member
  • Former: Sandra Macdonald (2020–2023) — Former Board Member
  • Former: Subashini Daniel MD (2020–2023) — Vice Chair
  • Former: Ben Everidge (2021–2023) — Former Chief Development Officer
  • Former: Caridad Fuertes (2021–2023) — Board Member
  • Former: Dave Casullo (2022–2023) — Board Member
  • Former: Arlene Feldmeier (2020–2022) — Board Member
  • Former: Jeanne Jackson (2020–2022) — Board Member
  • Former: Maureen Fitzgerald Murray (2020–2022) — Board Member
  • Former: Sumeet Makhijani (2020–2022) — Board Member
  • Former: Ursula Hage (2020–2022) — Board Member
  • Former: Jane Malin (2022) — Board Member
  • Former: Gwen L. Schuster (2020–2021) — Board Member
  • Former: Jason Tabor (2020–2021) — Board Member
  • Former: Polly G. Dellacrosse (2020–2021) — Board Member
  • Former: Reginald Q. Knight (2020–2021) — Board Member
  • Former: Robert Schlather (2020–2021) — Treasurer
  • Former: Al Pylinski (2021) — Board Member
  • Former: Albert Pylinski (2020) — Director
  • Former: Jeffrey K. Haggerty (2020) — Director
  • Former: Melissa L. Manikas (2020) — Director
  • Former: Michael Getman (2020) — Director
  • Former: Richard C. Vanison Left (2020) — 2nd Assistant Treasurer
  • Former: William Moseley (2020) — Secretary

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.

Frequently asked questions about Friends of Bassett Inc

How much does Friends of Bassett Inc give each year?

Friends of Bassett Inc gave $2.7M across 8 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.4M across 8 grants.

What is Friends of Bassett Inc's typical grant size?

Friends of Bassett Inc's median grant in 2024 was $212,337, and its average grant was $340,163, across 8 grants on its 2024 IRS Form 990.

Where does Friends of Bassett Inc give grants?

Friends of Bassett Inc gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Cooperstown, NY (2 grants) and Herkimer, NY (2 grants).

Does Friends of Bassett Inc give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on Friends of Bassett Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Support" (8 grants).

Who are Friends of Bassett Inc's largest grantees?

Friends of Bassett Inc's largest 2024 grantees include Bassett Medical Center ($1,028,437), O'Connor Hospital ($622,838) and Bassett Healthcare Network ($441,658), according to its 2024 IRS Form 990. Together they received 77% of its itemized 2024 grant dollars.

How large is Friends of Bassett Inc?

Friends of Bassett Inc reported $20.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.0M.

What is Friends of Bassett Inc's EIN?

Friends of Bassett Inc's EIN (Employer Identification Number) is 23-7041610. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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