The Masin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA GRANDE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 5 grants totaling $353K. Net investment income was $99K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+20.2% YoY
Annual Giving
$353K
+74.1% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$71K
+39.3% YoY
Under IRS private-foundation payout rules, The Masin Family Foundation reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.
About The Masin Family Foundation
Based on IRS filings
The Masin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA GRANDE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 5 grants totaling $353K. Net investment income was $99K.
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 | $2,109,398 | $1,754,379 | $1,264,535 |
| Revenue | $710,229 | $695,644 | $-17,158 |
| Expenses | $354,595 | $205,800 | $183,218 |
| Qualifying Distributions | $352,500 | $202,500 | $180,000 |
| Net Investment Income | $98,565 | $64,419 | $29,722 |
| Distributable Amount | $90,142 | $65,787 | $64,137 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Weill Cornell Medicine ($200,000), The Joanne E Masin Foundation ($125,000), CT River Museum ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CRCF Foundation Miami, FL | General Charitable | $1,500 |
| CT River Museum Essex, CT | General Charitable | $25,000 |
| Newtown Forest Assoc Newtown, CT | General Charitable | $1,000 |
| The Joanne E Masin Foundation Boca Grande, FL | General Charitable | $125,000 |
| Weill Cornell Medicine New York, NY | General Charitable | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael T Masin | Trustee | 1 | — |
| Joanne E Masin | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Masin Family Foundation?
The Masin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA GRANDE, FL. It holds $2.1M in total assets as of 2024.
How large is The Masin Family Foundation?
As of 2024, The Masin Family Foundation holds $2.1M in total assets with $710K in annual revenue. It awarded 5 grants totaling $353K in 2024.
Where does The Masin Family Foundation operate?
The Masin Family Foundation has awarded grants in California, Connecticut, Florida, New York.
What size grants does The Masin Family Foundation award?
In 2024, The Masin Family Foundation awarded 5 grants totaling $353K — an average of about $71K per grant, based on its IRS Form 990 filings.
How much is The Masin Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Masin Family Foundation reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Masin Family Foundation's EIN?
The Masin Family Foundation's EIN (Employer Identification Number) is 20-5865194. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Masin Family 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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