The Bethesda Foundation Inc

Foundation · Grantmaker HORNELL, NY EIN: 16-0350390

The Bethesda Foundation Inc is a private foundation, based in HORNELL, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 12 grants totaling $99K. Net investment income was $118K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-1.5% YoY

Annual Giving

$99K

+10.5% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$8K

-17.2% YoY

Under IRS private-foundation payout rules, The Bethesda Foundation Inc reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.

About The Bethesda Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $540K (98%)

Virginia $10K (2%)

States

New York Virginia

Cities

AlexandriaAlfredAlfred StationArkportBathBelmontBelmonteCanisteoClintonElmiraHornellNorth HornellRochesterWaylandWoodhull

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,515,523	$1,538,112	$1,564,913
Revenue	$141,942	$128,532	$149,227
Expenses	$164,531	$155,333	$214,784
Qualifying Distributions	$98,750	$89,400	$147,197
Net Investment Income	$117,846	$104,508	$123,957
Distributable Amount	$90,774	$100,230	$103,679

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 2024

Grant Size Distribution

54 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Steuben Senior Services Fund ($23,100), Suny Alfred School of Nursing ($15,000), Woodhull Community Church ($15,000).

Recipient	Purpose	Amount
ADULT CERTIFIED NURSING ASSISTANTS HORNELL, NY	FINANCIAL ASSISTANCE	$2,900
GREATER SOUTHERN TIER BOCES HORNELL, NY	FINANCIAL ASSISTANCE	$3,600
SUNY ALFRED SCHOOL OF NURSING ALFRED, NY	FINANCIAL ASSISTANCE	$15,000
WOLFGRUBER MEMORIAL SCHOLARSHIP ARKPORT, NY	FINANCIAL ASSISTANCE	$1,650
VILLAGE OF CANISTEO CANISTEO, NY	FINANCIAL ASSISTANCE	$3,500
STEUBEN SENIOR SERVICES FUND BATH, NY	FINANCIAL ASSISTANCE	$23,100
WOODHULL COMMUNITY CHURCH WOODHULL, NY	FINANCIAL ASSISTANCE	$15,000
HORNELL AREA YMCA HORNELL, NY	FINANCIAL ASSISTANCE	$10,000
IMPACT BELMONTE, NY	FINANCIAL ASSISTANCE	$6,000
ST ANN'S ACADEMY HORNELL, NY	FINANCIAL ASSISTANCE	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LYNN BLADES	PRESIDENT	0.5	—
ALICE ALLEN	VICE PRESIDENT	0.5	—
ALLEN MONAGHAN	TREASURER	0.5	—
BARBARA PERROTT	SECRETARY	0.5	$3,886
JAMES VARNER	SECRETARY	0.5	—
DUANE T HEINEMAN	EXEC. DIR. EMERITUS- DECEASED JUL 2024	0.5	—
ALFRED PRICE	EXECUTIVE DIRECTOR	6	$9,120
BARBARA MCBRIDE	MEMBER	0.5	—
JOSEPH LATHAM	MEMBER - RESIGNED AUGUST 2024	0.05	—
JAMES VAN BRUNT	MEMBER	0.5	—
GAY WEAVER	MEMBER	0.5	—
DR STEPHAN GREENBERG	MEMBER	0.5	—
MARY HUNTINGTON	MEMBER	0.5	—
JACK MORRIS	MEMBER	0.5	—
JOHN PRYOR	MEMBER	0.5	—
PATRICIA STROBEL	MEMBER - RESIGNED DURING YEAR	0.5	—
DAVID SCHULTS	MEMBER	0.5	—
LINDA PANTER	MEMBER	0.5	—
SPENCER ANNABEL	MEMBER	0.5	—
UZMA MEHR	MEMBER	0.5	—
JOSEPH GARCIA	MEMBER - JOINED DURING YEAR	0.5	—
GLENN GEBHARD	MEMBER - JOINED DURING YEAR	0.5	—
JENNIFER GUTHRIE	MEMBER - JOINED DURING YEAR	0.5	—
RHONDA PETERSON	MEMBER - JOINED DURING YEAR	0.5	—
KATIE RECKTENWALD	MEMBER - JOINED DURING YEAR	0.5	—

Frequently Asked Questions

How large is The Bethesda Foundation Inc?

As of 2024, The Bethesda Foundation Inc holds $1.5M in total assets with $142K in annual revenue. It awarded 12 grants totaling $99K in 2024.

Where does The Bethesda Foundation Inc operate?

The Bethesda Foundation Inc has awarded grants in New York, Virginia.

What size grants does The Bethesda Foundation Inc award?

In 2024, The Bethesda Foundation Inc awarded 12 grants totaling $99K — an average of about $8K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bethesda Foundation Inc reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.