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Bastinelli Family Foundation Inc. is a private corporation based in REISTERSTOWN, MD. The foundation received its IRS ruling in 2024. The principal officer is Richard Bastinelli. It holds total assets of $3.5M. Annual income is reported at $1.1M. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2023. According to available records, Bastinelli Family Foundation Inc. has made 8 grants totaling $143K, with a median grant of $6K. Individual grants have ranged from $5K to $100K, with an average award of $18K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Maryland, California, New York, which account for 63% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bastinelli Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MD, CA, NY.
Bastinelli Family Foundation Inc. has distributed a total of $143K across 8 grants. The median grant size is $6K, with an average of $18K. Individual grants have ranged from $5K to $100K.
The foundation will make grants only to organizations exempt under section 501(c)(3) and which are recognized as public charities pursuant to sections 509(a)(1) or 509(a)(2).
Bastinelli Family Foundation Inc. is headquartered in REISTERSTOWN, MD. While based in MD, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| A Richard Bastinelli | PRESIDENT & TREASURER | $0 | $0 | N/A |
| Charles B Jones | SECRETARY | $0 | $0 | N/A |
Total Giving
$150K
Total Assets
$3.1M
Fair Market Value
$3.1M
Net Worth
$3.1M
Grants Paid
$131K
Contributions
$350K
Net Investment Income
$60K
Distribution Amount
$130K
Total: N/A
Total Grants
8
Total Giving
$143K
Average Grant
$18K
Median Grant
$6K
Unique Recipients
8
Most Common Grant
$6K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Living Classrooms FoundationTO FURTHER EXEMPT PURPOSE | Baltimore, MD | $100K | 2022 |
| Ashley IncTO FURTHER EXEMPT PURPOSE | Havre De Grace, MD | $6K | 2022 |
| Helping Up MissionTO FURTHER EXEMPT PURPOSE | Baltimore, MD | $6K | 2022 |
| Wayout Lgbtq FoundationTO FURTHER EXEMPT PURPOSE | San Francisco, CA | $6K | 2022 |
| Innocence ProjectTO FURTHER EXEMPT PURPOSE | New York, NY | $6K | 2022 |
| M Family FoundationTO FURTHER EXEMPT PURPOSE | Kissimmee, FL | $6K | 2022 |
| The Center For Disordered Eating (Aka Carolina Resource Center For EatingTO FURTHER EXEMPT PURPOSE | Asheville, NC | $6K | 2022 |
| Hackensack Meridien Health FoundationTO FURTHER EXEMPT PURPOSE | Edison, NJ | $5K | 2022 |
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