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.
Key facts about The Bahnik Foundation Inc
In short: The Bahnik Foundation Inc gave $3.6M across 86 grants in 2025 (avg $41K), mostly in New York. 45% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 11-3216930
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $3,559,750
- Grants made (2025)
- 86
- Average grant
- $41,392
- Median grant
- $5,000
- New grantees (estimate)
- 45% first-time grantees (39 of 86, 2025)
- Total assets
- $81,963,351
- Primary geography
- New York (98% of itemized 2025 grant dollars)
- How to apply
- The foundation does not maintain a public application process. Full details ↓
Data from IRS Form 990-PF, 2025; 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 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
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.
Is The Bahnik Foundation Inc open to new grantees?
45%
first-time grantees, 2025
In 2025, 39 of 86 grantees (45%) were first-time recipients. First grants averaged $40K; repeat grants $43K. How we count
Medians: $3K first-time, $10K repeat.
- 52% of 2025 grantees were also funded in 2024. Method
- Giving grew 48% from 2022 to 2025. Method
- In 2025 it paid out 77% 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 (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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
Grant Range
$5,000 to $3,000,000
How to Apply
**
Ready to take the next step with The Bahnik Foundation Inc?
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
Share of all 86 itemized 2025 grant dollars.
States
Cities
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
323 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS AND GIRLS CLUB OF OYSTER BAY Oyster Bay, NY | GENERAL PURPOSE | $1,050,000 |
| LONG ISLAND UNIVERSITY Brookville, NY | GENERAL PURPOSE | $1,032,500 |
| COLD SPRING HARBOR LABORATORY Cold Spring Harbor, NY | GENERAL PURPOSE | $285,000 |
| STONY BROOK FOUNDATION Stony Brook, NY | GENERAL PURPOSE | $200,000 |
| NORTHWELL HEALTH FOUNDATION New Hyde Park, NY | GENERAL PURPOSE | $125,000 |
| ST FRANCIS HOSPITAL Roslyn, NY | GENERAL PURPOSE | $120,000 |
| PORTLEDGE SCHOOL Locust Valley, NY | GENERAL PURPOSE | $81,750 |
| OYSTER BAY MAIN STREET ASSOCIATION Oyster Bay, NY | GENERAL PURPOSE | $65,000 |
| FIRST PRESBYTERIAN CHURCH Oyster Bay, NY | GENERAL PURPOSE | $50,000 |
| EAST WOODS SCHOOL Oyster Bay, NY | GENERAL PURPOSE | $30,000 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Leadership team and compensation from IRS filings
Roger L. Bahnik is identified as a supporter of the foundation.
The Bahnik Foundation Inc is led by Michele Bahnik Mercier, President since 2023 (on filings since 2021); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michele Bahnik Mercier
President
Vice President → President, 2023
On filings since 2021
0.5 hrs/week
No compensation reported
Claude A. Bahnik
Vice President & Treasurer
Vice President → Vice President & Treasurer, 2023
On filings since 2021
0.5 hrs/week
No compensation reported
Lore Bahnik
Secretary
On filings since 2021
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Roger L. Bahnik Dec (2023) — President
- Former: Roger L. Bahnik (2021–2022) — President
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact Information
Address: 190 Pine Hollow Road, Oyster Bay, NY 11771-4704
Telephone: 516-922-6000
EIN: 11-3216930
Frequently asked questions about The Bahnik Foundation Inc
How much does The Bahnik Foundation Inc give each year?
The Bahnik Foundation Inc gave $3.6M across 86 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.2M across 69 grants.
What is The Bahnik Foundation Inc's typical grant size?
The Bahnik Foundation Inc's median grant in 2025 was $5,000, and its average grant was $41,392, across 86 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Bahnik Foundation Inc that year got $40K on average.
Where does The Bahnik Foundation Inc give grants?
The Bahnik Foundation Inc gives mostly in New York: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (16 grants), Oyster Bay, NY (13 grants), Garden City, NY (8 grants) and Cold Spring Harbor, NY (3 grants).
Does The Bahnik Foundation Inc give general operating support?
Yes: 100% of The Bahnik Foundation Inc's 2025 grants with a stated purpose (86 of 86) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Bahnik Foundation Inc's largest grantees?
The Bahnik Foundation Inc's largest 2025 grantees include Boys and Girls Club of Oyster Bay ($1,050,000), Long Island University ($1,032,500) and Cold Spring Harbor Laboratory ($285,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.
How large is The Bahnik Foundation Inc?
The Bahnik Foundation Inc reported $82.0M in total assets on its 2025 IRS Form 990-PF. It paid out $3.6M in qualifying distributions that year, against a required minimum of $4.6M (roughly 5% of its investment assets).
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?
The foundation does not maintain a public application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Bahnik Foundation Inc's EIN?
The Bahnik Foundation Inc's EIN (Employer Identification Number) is 11-3216930. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
Here's the math on researching The Bahnik Foundation Inc by hand.
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