Friends of Bassett Inc
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was in the $250–500K range: 10 grants of 39 (26%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bassett Medical Center Cooperstown, NY | Support | $1,028,437 |
| O'Connor Hospital Delhi, NY | Support | $622,838 |
| Bassett Healthcare Network Cooperstown, NY | Support | $441,658 |
| Ao Fox Hospital Oneonta, NY | Support | $326,157 |
| Bassett Hospital Schoharie County Cobleskill, NY | Support | $98,517 |
| Valley Health Services Herkimer, NY | Support | $96,388 |
| Little Falls Hospital Little Falls, NY | Support | $81,590 |
| Valley Residential Services Herkimer, NY | Support | $25,715 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- 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.
Here's the math on researching Friends of Bassett Inc by hand.
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