The Bspc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WETHERSFIELD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $602K in total assets. In 2024, it awarded 17 grants totaling $310K. Net investment income was $214K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$602K
-3.7% YoY
Annual Giving
$310K
+26.9% YoY
Grant Count
17
+30.8% YoY
Avg Grant Size
$18K
-3.0% YoY
Under IRS private-foundation payout rules, The Bspc Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About The Bspc Foundation
Based on IRS filings
The Bspc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WETHERSFIELD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $602K in total assets. In 2024, it awarded 17 grants totaling $310K. Net investment income was $214K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $602,301 | $625,552 | $738,309 |
| Revenue | $219,795 | $137,177 | $79,538 |
| Expenses | $315,727 | $248,300 | $223,045 |
| Qualifying Distributions | $310,330 | $244,750 | $218,750 |
| Net Investment Income | $214,398 | $133,627 | $75,243 |
| Distributable Amount | $31,270 | $35,394 | $47,046 |
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
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ct Children's Foundation ($230,000), Boston Childrens Hospital ($20,000), Sarah Fund ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON CHILDRENS HOSPITAL BOSTON, MA | DONATION | $20,000 |
| CT CHILDREN'S FOUNDATION HARTFORD, CT | DONATION | $230,000 |
| FOODSHARE BLOOMFIELD, CT | DONATION | $12,500 |
| GIFT OF ADOPTION NH NORTHBROOK, IL | DONATION | $7,500 |
| GLOBE SANTA TAUNTON, MA | DONATION | $1,000 |
| SARAH FUND GUILFORD, CT | DONATION | $15,000 |
| WORLD WILDLIFE FOUNDATION WASHINGTON, DC | DONATION | $1,130 |
| MAHONEY SABOL FOUNDATION GLASTONBURY, CT | DONATION | $500 |
| ARCHBISHOP ANNUAL APPEAL HARTFORD, CT | DONATION | $2,500 |
| IMMA INC CARE HARTFORD, CT | DONATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT E COMPAGNA | DIRECTOR | — | — |
| JOAN S COMPAGNA | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Bspc Foundation?
The Bspc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WETHERSFIELD, CT. It holds $602K in total assets as of 2024.
How large is The Bspc Foundation?
As of 2024, The Bspc Foundation holds $602K in total assets with $220K in annual revenue. It awarded 17 grants totaling $310K in 2024.
Where does The Bspc Foundation operate?
The Bspc Foundation has awarded grants in Connecticut, District of Columbia, Illinois, Massachusetts, Maine, New York, Pennsylvania, Tennessee, Texas.
What size grants does The Bspc Foundation award?
In 2024, The Bspc Foundation awarded 17 grants totaling $310K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Bspc Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bspc Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bspc Foundation's EIN?
The Bspc Foundation's EIN (Employer Identification Number) is 20-5911051. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Bspc Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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