Masiello Family Foundation

Private foundation · Grantmaker Hollis, NH EIN: 87-6900464

The Masiello Family Foundation is a private foundation based in Hollis, New Hampshire. Its 2024 filing reports 14 grants totaling $37,870, primarily to organizations in Massachusetts, with the remainder going to New Hampshire recipients.

Masiello Family Foundation at a glance

In short: Masiello Family Foundation gave $38K across 14 grants in 2024 (avg $3K), mostly in Massachusetts. 43% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$37,870
-7.9% vs 2023
Grants made (2024)
14
-12.5% vs 2023
Average grant
$2,705
+5.3% vs 2023
Median grant
$1,000
Total assets
$785,040
+3.2% vs 2023
New grantees (estimate)
43% first-time grantees (6 of 14, 2024; small sample)
Primary geography
Massachusetts (92% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Masiello Family Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.

Contact

Mailing address: 14 Marys Way, Hollis, NH 03049
Phone: (978) 771-1750

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Masiello Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Horses Healing Hearts: $10KHorses Healing Hearts$10KPach Outreach: $7KPach Outreach$7KPepperell Police Drone Team: $5KPepperell Police Drone Team$5KPepperell Police K-9 Team: $5KPepperell Police K-9 Team$5KHawthorne Brook Middle School STEM Day: $2KHawthorne Brook Middle SchoolSTEM Day$2KAgawam Robotics Education Assn: $1KAgawam Robotics Education Assn$1KBeaver Brook: $1KBeaver Brook$1KFriends of the Lawrence Library: $1KFriends of the LawrenceLibrary$1KHollis Brookline Athletic Booster Club: $1KHollis Brookline AthleticBooster Club$1KNashua River Watershed Association: $1KNashua River WatershedAssociation$1K

The largest 2024 recipient was Horses Healing Hearts ($10K). Together the top 10 received $34K.

Grant Size Distribution

49 grants across all recorded years

49<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 49 grants of 49 (100%).

Geographic Focus

Where this funder awards grants

In 2024, 92% of grant dollars went to recipients in Massachusetts and 8% to recipients in New Hampshire.

Grant Distribution by State

4states

Share of 2024 grant dollars across all 14 itemized grants.

Cities

PepperellHollisTownsendGrotonLynnManchesterPrincetonAgawamBostonPhiladelphiaSalisburyShirley

Is Masiello Family Foundation open to new grantees?

43%

first-time grantees, 2024

In 2024, 6 of 14 grantees (43%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $4K; repeat grants $2K. How we count

Medians: $4K first-time, $1K repeat.

  • 57% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2021 19 grants2022 16 grants2023 14 grants2024

From 2022 to 2024, annual grant giving ranged from $38K (2024) to $55K (2022). In 2024 it made 14 grants totaling $38K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Horses Healing Hearts Salisbury, MAGeneral Support$10,000
Pach Outreach Pepperell, MAGeneral Support$7,000
Pepperell Police Drone Team Pepperell, MAGeneral Support$5,000
Pepperell Police K-9 Team Pepperell, MAGeneral Support$5,000
Hawthorne Brook Middle School STEM Day Townsend, MAGeneral Support$2,000
Agawam Robotics Education Assn Agawam, MAGeneral Support$1,000
Beaver Brook Hollis, NHGeneral Support$1,000
Friends of the Lawrence Library Pepperell, MAGeneral Support$1,000
Hollis Brookline Athletic Booster Club Hollis, NHGeneral Support$1,000
Nashua River Watershed Association Groton, MAGeneral Support$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$785,040$46,230$45,549$37,87014$37,870$46,230$46,883
2023$760,717$22,073$46,430$41,11516$41,115$41,289$40,515
2022$828,813$-135,319$76,650$55,00019$55,000$30,888$44,219
2021$1,000,026$1,000,026————$26$49,251

Under IRS private-foundation payout rules, Masiello Family Foundation reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Grantmaking

In filing year 2024, the foundation gave $37,870 through 14 grants. Grant amounts ranged from $870 to $10,000, with a median of $1,000. The largest listed awards were $10,000 to Horses Healing Hearts and $7,000 to PACH Outreach, both for general support. Other notable grants included $5,000 each to the Pepperell Police Drone Team and Pepperell Police K-9 Team, and $2,000 to Hawthorne Brook Middle School STEM Day.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Laura J. Masiello and John C. Masiello as trustees.

Masiello Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • John C. Masiello

    Trustee

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Laura J. Masiello

    Trustee

    On filings since 2021

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Masiello Family Foundation

How much does Masiello Family Foundation give each year?

Masiello Family Foundation gave $38K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $41K across 16 grants.

What is Masiello Family Foundation's typical grant size?

Masiello Family Foundation's median grant in 2024 was $1,000, and its average grant was $2,705, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Masiello Family Foundation that year got $4K on average.

Where does Masiello Family Foundation give grants?

Masiello Family Foundation gives mostly in Massachusetts: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Hampshire (8%). The most frequent recipient cities were Pepperell, MA (5 grants), Townsend, MA (2 grants) and Hollis, NH (2 grants).

Does Masiello Family Foundation give general operating support?

Yes: 100% of Masiello Family Foundation's 2024 grants with a stated purpose (14 of 14) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Masiello Family Foundation's largest grantees?

Masiello Family Foundation's largest 2024 grantees include Horses Healing Hearts ($10,000), Pach Outreach ($7,000) and Pepperell Police Drone Team ($5,000), according to its 2024 IRS Form 990-PF. Together they received 58% of its itemized 2024 grant dollars.

How large is Masiello Family Foundation?

Masiello Family Foundation reported $785K in total assets on its 2024 IRS Form 990-PF. It paid out $38K in qualifying distributions that year, against a required minimum of $47K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

How do I apply for a grant from Masiello Family Foundation?

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Masiello Family Foundation's EIN?

Masiello Family Foundation's EIN (Employer Identification Number) is 87-6900464. IRS Form 990 filing data is available on this page for 2021–2024.

Does Masiello Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Masiello Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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