The Bahnik Foundation Inc

OYSTER BAY, NY EIN: 11-3216930

The Bahnik Foundation Inc is a private family foundation established in November 1994 and based in Oyster Bay, New York. The foundation is supported by the Bahnik family, founders of Mill-Max Manufacturing Co. With total assets exceeding $81 million, the foundation operates as a 501(c)(3) tax-exempt organization and distributes approximately 78% of annual expenses as charitable disbursements.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$82.0M

+1.2% YoY

Annual Giving

$3.6M

+12.5% YoY

Grant Count

+24.6% YoY

Avg Grant Size

$41K

-9.7% YoY

Under IRS private-foundation payout rules, The Bahnik Foundation Inc reported a distributable amount of $4.6M for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation gives primarily for:

Education
Community development
Human services
Philanthropy, voluntarism, and grantmaking
Medical research, with particular interest in cardiovascular research and biomedical science

Grantmaking

The foundation does not maintain a public application process. Grantmaking operates through invitation and trustee discretion. The foundation does not maintain a public website or published contact information for grant inquiries.

Grant Range

$5,000 to $3,000,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in:

Long Island, New York region
New York
Vermont
Tennessee

Grant Distribution by State

New York $12.7M (98%)

Florida $143K (1%)

Maryland $55K (0%)

Tennessee $40K (0%)

California $5K (0%)

Massachusetts $5K (0%)

Vermont $5K (0%)

+2 more states

States

California Colorado Florida Massachusetts Maryland New York Pennsylvania Rhode Island Tennessee Vermont

Cities

AlbanyAlbertsonBayvilleBellmoreBrooklynBrookvilleBurlingtonCaptivaCold Spring HarborCosta MesaDeer ParkDenverEast NorwichFarmingdaleFreeportGarden CityGlen CoveGlen CoverGlen HeadHagerstown

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending April 2025:

Total assets: $81,963,351
Total revenues: $5,418,907
Total expenses: $4,586,241
Investment income and dividends: $2,101,363
Net gain from sale of non-inventory assets: $3,317,544

Historical Growth: Assets have grown from $19 million in 2012 to $81.9 million in 2025.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$81,963,351	$81,010,907	$41,247,138
Revenue	$5,418,907	$43,444,242	$4,395,438
Expenses	$4,586,241	$3,533,089	$2,722,351
Qualifying Distributions	$3,575,593	$3,180,080	$2,687,055
Net Investment Income	$5,019,965	$38,380,254	$3,766,142
Distributable Amount	$4,632,140	$3,634,711	$3,403,082

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Boys and Girls Club of Oyster Bay ($1,050,000), Long Island University ($1,032,500), Cold Spring Harbor Laboratory ($285,000).

Recipient	Purpose	Amount
ADELPHI UNIVERSITY GARDEN CITY, NY	GENERAL PURPOSE	$3,500
AMERICAN HEART ASSOCIATION NEW YORK, NY	GENERAL PURPOSE	$2,000
AMERICAN KIDNEY FUND NEW YORK, NY	GENERAL PURPOSE	$5,000
AMERICA'S VETDOGS SMITHTOWN, NY	GENERAL PURPOSE	$12,000
BAYMENS HERITAGE ASSOCIATION GLEN COVE, NY	GENERAL PURPOSE	$1,000
BIG ARTS NEW YORK, NY	GENERAL PURPOSE	$5,000
BOOK FAIRIES FREEPORT, NY	GENERAL PURPOSE	$5,000
BOYS AND GIRLS CLUB OF OYSTER BAY OYSTER BAY, NY	GENERAL PURPOSE	$1,050,000
BROOKE JACKMAN FOUNDATION MILL NECK, NY	GENERAL PURPOSE	$2,500
CARLOS OTIS STRATTON MOUNTAIN CLINIC STRATTON MOUNTAIN, VT	GENERAL PURPOSE	$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

Roger L. Bahnik is identified as a supporter of the foundation.

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
LORE BAHNIK	SECRETARY	0.5	—
CLAUDE A BAHNIK	VICE PRES & TREASURER	0.5	—
MICHELE BAHNIK MERCIER	PRESIDENT	0.5	—

Contact Information

Address: 190 Pine Hollow Road, Oyster Bay, NY 11771-4704

Telephone: 516-922-6000

EIN: 11-3216930

Frequently Asked Questions

What does The Bahnik Foundation Inc fund?

The foundation gives primarily for: • Education • Community development • Human services • Philanthropy, voluntarism, and grantmaking • Medical research, with particular interest in cardiovascular research and biomedical science

How do I apply for a grant from The Bahnik Foundation Inc?

**Grant Activity:** • Annual giving: approximately $3.6 million • Total giving (2025): $3,559,750 • Number of grants (2025): 86 grants • Grant range: $5,000 to $3,000,000 • Typical awards: $500,000 to $1,250,000 **Recent Grantees Include:** • Boys and Girls Club of Oyster Bay - East Norwich ($1,050,000) • Long Island University (LIU) ($1,032,500) • Cold Spring Harbor Laboratory ($285,000) • St. Francis Hospital & Heart Center (committed $3 million to establish the Cardiology Innovation Research…

Where does The Bahnik Foundation Inc make grants?

The foundation primarily supports organizations in: • Long Island, New York region • New York • Vermont • Tennessee

What size grants does The Bahnik Foundation Inc award?

In 2025, The Bahnik Foundation Inc awarded 86 grants totaling $3.6M — an average of about $41K per grant, based on its IRS Form 990 filings.

How much is The Bahnik Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Bahnik Foundation Inc reported a distributable amount of $4.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.