Lillian M Bassett Private Foundation

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.

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

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

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

What could you do with Lillian M Bassett Private Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities