Masiello Family Foundation
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.
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.
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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
Share of 2024 grant dollars across all 14 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2024 recipient was Horses Healing Hearts ($10K). Together the top 10 received $34K.
Grant Size Distribution
49 grants across all recorded years
The most common grant size was under $50K: 49 grants of 49 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Horses Healing Hearts Salisbury, MA | General Support | $10,000 |
| Pach Outreach Pepperell, MA | General Support | $7,000 |
| Pepperell Police Drone Team Pepperell, MA | General Support | $5,000 |
| Pepperell Police K-9 Team Pepperell, MA | General Support | $5,000 |
| Hawthorne Brook Middle School STEM Day Townsend, MA | General Support | $2,000 |
| Agawam Robotics Education Assn Agawam, MA | General Support | $1,000 |
| Beaver Brook Hollis, NH | General Support | $1,000 |
| Friends of the Lawrence Library Pepperell, MA | General Support | $1,000 |
| Hollis Brookline Athletic Booster Club Hollis, NH | General Support | $1,000 |
| Nashua River Watershed Association Groton, MA | General 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) |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- 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.
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