Lillian M Bassett Private Foundation

Foundation · Grantmaker BOSTON, MA EIN: 04-6606391

Lillian M Bassett Private Foundation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $233K in total assets. In 2024, it awarded 2 grants totaling $14K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$233K

-1.2% YoY

Annual Giving

$14K

+4.5% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$7K

+4.5% YoY

Under IRS private-foundation payout rules, Lillian M Bassett Private Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About Lillian M Bassett Private Foundation

Based on IRS filings

Lillian M Bassett Private Foundation is a private foundation, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $233K in total assets. In 2024, it awarded 2 grants totaling $14K. Net investment income was $13K.

Your AI grants department

Ready to take the next step with Lillian M Bassett Private Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AmherstBostonBurlingtonDexterPittsburghProvidenceSalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8K$16K$23K$31K20202021202220232024
Metric202420232022
Total Assets$232,879$235,789$229,093
Revenue$15,784$26,428$23,093
Expenses$20,621$19,226$23,114
Qualifying Distributions$17,287$16,219$19,827
Net Investment Income$12,825$23,628$20,179
Distributable Amount$15,341$13,429$13,665

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$13K$17K2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Providence College$7KUniversity of Michigan$7K

Grant Size Distribution

10 grants across all recorded years

10<$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 include Providence College ($7,000), University of Michigan ($7,000).

RecipientPurposeAmount
Providence College Providence, RISCHOLARSHIP$7,000
University of Michigan DEXTER, MISCHOLARSHIP$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

EASTERN BANK TRUSTEETRUSTEE$754

From 2024 filing

NameTitleHoursCompensation
EASTERN BANK TRUSTEETRUSTEE1$754

Frequently Asked Questions

How large is Lillian M Bassett Private Foundation?

As of 2024, Lillian M Bassett Private Foundation holds $233K in total assets with $16K in annual revenue. It awarded 2 grants totaling $14K in 2024.

Where does Lillian M Bassett Private Foundation operate?

Lillian M Bassett Private Foundation has awarded grants in Massachusetts, Michigan, Pennsylvania, Rhode Island, Vermont.

What size grants does Lillian M Bassett Private Foundation award?

In 2024, Lillian M Bassett Private Foundation awarded 2 grants totaling $14K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Lillian M Bassett Private Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lillian M Bassett Private Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lillian M Bassett Private Foundation's EIN?

Lillian M Bassett Private Foundation's EIN (Employer Identification Number) is 04-6606391. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Lillian M Bassett Private Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in Massachusetts

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

Your AI grants department

Here's the math on researching Lillian M Bassett Private Foundation by hand.