Friends of Bassett Inc
SEE SCHEDULE O
Financial Overview
From 2024 IRS Form 990-PF · 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
About Friends of Bassett Inc
Based on IRS filings
Friends of Bassett Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, 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
States
Cities
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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $875,802 | $86,570 | $51,546 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bassett Medical Center ($1,028,437), O'connor Hospital ($622,838), Bassett Healthcare Network ($441,658).
| Recipient | Purpose | Amount |
|---|---|---|
| BASSETT MEDICAL CENTER COOPERSTOWN, NY | SUPPORT | $1,028,437 |
| BASSETT HOSPITAL SCHOHARIE COUNTY COBLESKILL, NY | SUPPORT | $98,517 |
| O'CONNOR HOSPITAL DELHI, NY | SUPPORT | $622,838 |
| LITTLE FALLS HOSPITAL LITTLE FALLS, NY | SUPPORT | $81,590 |
| AO FOX HOSPITAL ONEONTA, NY | SUPPORT | $326,157 |
| VALLEY HEALTH SERVICES HERKIMER, NY | SUPPORT | $96,388 |
| VALLEY RESIDENTIAL SERVICES HERKIMER, NY | SUPPORT | $25,715 |
| BASSETT HEALTHCARE NETWORK COOPERSTOWN, NY | SUPPORT | $441,658 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bill Moseley | Secretary | 2 | — |
| James Patrick | Vice Chair/Treasurer | 2 | — |
| Peter J Hamilton | Board Officer | 2 | — |
| Staci Thompson | Ex-Officio | 2 | — |
| Steven Kroll | Chair | 2 | — |
| Arnie Drogen | Board Member | 2 | — |
| Campbell Moffat | Board Member | 2 | — |
| Curtis Pearsall | Board Member | 2 | — |
| Dave Rowley | Board Member | 2 | — |
| Erna Morgan McReynolds | Board Member | 2 | — |
| Heidi Camardello | Board Member | 2 | — |
| Ian Kenyon | Board Member | 2 | — |
| Jessica Gorman | Board Member | 2 | — |
| Jim Brock | Board Member | 2 | — |
| Joyce Barber | Board Member | 2 | — |
| Laurie Zimniewicz | Board Member | 2 | — |
| Michael A Perrino Jr | Board Member | 2 | — |
| Reggie Knight MD | Board Member (THRU 4/24) | 2 | — |
| Robert Hanft | Board Member | 2 | — |
| Terry Fulmer | Board Member | 2 | — |
| Craig Faerber | Interim Network CFO | 2 | — |
| Tommy Ibrahim MD | Former President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Bassett Inc?
Friends of Bassett Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in COOPERSTOWN, NY. It holds $20.3M in total assets as of 2024.
How large is Friends of Bassett Inc?
As of 2024, Friends of Bassett Inc holds $20.3M in total assets with $5.0M in annual revenue. It awarded 8 grants totaling $2.7M in 2024.
Where does Friends of Bassett Inc operate?
Friends of Bassett Inc has awarded grants in New York.
What size grants does Friends of Bassett Inc award?
In 2024, Friends of Bassett Inc awarded 8 grants totaling $2.7M — an average of about $340K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Friends of Bassett Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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