The Bahnik Foundation Inc
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
86
+24.6% YoY
Avg Grant Size
$41K
-9.7% YoY
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
States
Cities
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.
| 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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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