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.

Key facts about Masiello Family Foundation

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.

EIN
87-6900464
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$37,870
Grants made (2024)
14
Average grant
$2,705
Median grant
$1,000
New grantees (estimate)
43% first-time grantees (6 of 14, 2024)
Total assets
$785,040
Primary geography
Massachusetts (92% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$785K

+3.2% YoY

Annual Giving

$38K

-7.9% YoY

Grant Count

14

-12.5% YoY

Avg Grant Size

$3K

+5.3% YoY

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.

Is Masiello Family Foundation open to new grantees?

43%

first-time grantees, 2024

In 2024, 6 of 14 grantees (43%) were first-time recipients. 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.

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.

Your AI grants department

Ready to take the next step with Masiello Family Foundation?

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

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

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.

Grant Insights

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%).

Giving History

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

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $785,040 $46,230 $45,549 $37,870 (14 grants)
2023 $760,717 $22,073 $46,430 $41,115 (16 grants)
2022 $828,813 -$135,319 $76,650 $55,000 (19 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2021 2022 2023 2024
Metric202420232022
Total Assets$785,040$760,717$828,813
Revenue$46,230$22,073$-135,319
Expenses$45,549$46,430$76,650
Qualifying Distributions$37,870$41,115$55,000
Net Investment Income$46,230$41,289$30,888
Distributable Amount$46,883$40,515$44,219

Data update history

When this profile's IRS filing data changed on Grantable

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

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.

Contact

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

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 September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching Masiello Family Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Masiello Family Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in New Hampshire

Eastern Bank Foundation

Wakefield, MA

Eastern Bank Foundation funds systemic efforts to advance economic inclusion and mobility, including small-business equity, early childhood development, affordable housing, and workforce development. Its programs range from $1,000–$10,000 for Community Donations, up to $15,000 for CITC Grants, and $50,000–$150,000 for Impact Grants; it supports organizations primarily in Massachusetts, New Hampshire, and Rhode Island. The foundation accepts online applications, with no specific submission deadlines stated.

Assets

$266.7M

Grants

1,786

Total Given

$19.0M

Greater Horizons

Kansas City, MO

Greater Horizons is a donor-advised fund provider whose donor-directed grants support eligible U.S. public charities across a broad range of causes; international organizations may also qualify with additional review and fees. In 2024, grants had a median of $15,000, with itemized awards ranging from $5,001 to $10,073,050, and recipients were located across the United States, especially in California, Texas, Nebraska, New York, and Kansas. It describes a grant-request process for donors, not an application process for organizations, so unsolicited requests are not stated as accepted.

Assets

$2.8B

Grants

3,282

Total Given

$212.2M

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports a broad range of charitable needs, including arts and humanities, healthcare, education, scholarships, emergency assistance, and endowments. Its 2024 grants had a median of $18,560 and primarily benefited the Tulsa area and eastern Oklahoma, with grants also reaching elsewhere in the U.S.; it administers application cycles for selected funds.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

Bristol-Myers Squibb Foundation Inc

Princeton, NJ

The Bristol-Myers Squibb Foundation supports health-access initiatives for disproportionately affected populations, including cancer, blood disorders, brain health, and clinical-trial participation, in the United States and internationally. In 2024, its median grant was $134,090, though awards varied widely; it says application materials are available upon request and advises organizations to contact it about the process, but does not state whether unsolicited requests are accepted.

Assets

$83.3M

Grants

144

Total Given

$67.7M

New Hampshire Charitable Foundation

Concord, NH

The New Hampshire Charitable Foundation funds nonprofits and students, with grants supporting areas such as health, education, housing, the environment, arts, and economic security, primarily benefiting New Hampshire communities. Its 2024 median itemized grant was $25,000, and its Responsive Grants program offers eligible nonprofits up to $10,000; the profile does not state whether it accepts unsolicited requests.

Assets

$1.2B

Grants

949

Total Given

$59.7M

For Inspiration and Recognition of Science and Technology (FIRST)

Manchester, NH

FIRST funds youth robotics and hands-on STEM programs, including efforts to expand access for underserved and underrepresented communities; its grants support organizations in the U.S. and internationally. Typical giving varies: 2025 grants had a median of $5,750, while STEM Equity Community Innovation Grants are listed at $5,000–$50,000. The profile does not state whether unsolicited requests are accepted.

Assets

$73.0M

Grants

847

Total Given

$21.8M

Alexander and Linda Milley Foundation

Rye, NH

Philanthropy, Voluntarism & Grantmaking

Assets

$11.1M

Grants

194

Total Given

$350K

The Robert and Joyce Oberkotter Family

Newport, NH

The foundation primarily funds education in New Hampshire and awards scholarships to eligible high school seniors from listed schools in New Hampshire, Vermont, and Rhode Island; it also supports extracurricular activities and underfunded school programs such as music, art, and athletics. Scholarships are typically $4,000, while reported grants ranged from $4,000 to $50,000 in 2025. Scholarship applications are accepted through eligible schools or by the stated application process; the profile does not say whether the foundation accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$14.2M

Grants

189

Total Given

$810K

Mary Hitchcock Memorial Hospital

Lebanon, NH

Mary Hitchcock Memorial Hospital supports healthcare services, medical and academic research, education, charity care, community outreach, equipment, and health education. In 2025, its 59 grants ranged from $5,056 to $881,519, with a median of $18,388; 37% of grant dollars went to New Hampshire recipients, with awards also reaching organizations elsewhere. The profile does not state whether it accepts unsolicited requests.

Health

Assets

$2.8B

Grants

177

Total Given

$14.0M

Dartmouth-Hitchcock Clinic

Lebanon, NH

Dartmouth-Hitchcock Clinic funds health-related research, education, clinical practice, and community partnerships, with grants primarily supporting research, educational services, and programs. In 2025, its 38 grants ranged from $5,045 to $309,723, with a median of $8,096; its stated service region includes New Hampshire and Vermont. Unsolicited requests are not addressed generally, but its Pilot Research Grants require an LOI and are limited to people formally affiliated with Dartmouth Hitchcock Medical Center or Dartmouth College.

Health

Assets

$309.3M

Grants

120

Total Given

$4.6M

Emily Landecker Foundation Inc

Hanover, NH

The Emily Landecker Foundation supports charitable, educational, environmental, agricultural, transportation, and community-service organizations, primarily in New Hampshire’s and Vermont’s Upper Connecticut River Valley. In 2025, grants ranged from $500 to $1.6 million, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$37.2M

Grants

113

Total Given

$4.2M

Cogswell Benevolent Trust

Bedford, NH

The Cogswell Benevolent Trust funds established nonprofit and public-agency programs in areas including transportation, youth services, food, healthcare, and education, primarily in New Hampshire; limited out-of-state funding is available. Its 2024 grants ranged from $2,500 to $75,075, with a median of $10,000. It accepts proposals at any time; no deadline is listed.

Assets

$34.1M

Grants

107

Total Given

$1.8M

More Funders in New Hampshire

Masiello Family Foundation down — hundreds of funders to go?

Want AI to do this for you?