Baystate Health Foundation Inc

SPRINGFIELD, MA EIN: 04-3549011 Website

THE MISSION OF BAYSTATE HEALTH FOUNDATION IS TO INSPIRE A "CULTURE OF PHILANTHROPY AND ENCOURAGE PHILANTHROPIC RELATIONSHIPS THAT WILL SUPPORT THE MISSION AND VISION OF BAYSTATE HEALTH WHICH IS TO IMPROVE THE HEALTH OF THE PEOPLE IN OUR COMMUNITIES EVERY DAY, WITH QUALITY AND COMPASSION.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$180.8M

+14.2% YoY

Annual Giving

$8.5M

+59.1% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$1.1M

+39.2% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$18M$28M$37M20202021202220232024
Metric202420232022
Total Assets$180,784,452$158,241,695$143,679,503
Revenue$13,729,601$19,230,995$33,504,312
Expenses$11,630,181$8,489,441$9,744,733
Qualifying Distributions
Net Investment Income$4,735,577$6,632,236$19,945,763
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M8 grants20207 grants20218 grants20227 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

BAYSTATE MEDICAL CENTER$5.7MBAYSTATE MEDICAL PRACTICES$985KBAYSTATE HEALTH INC$679KBAYSTATE FRANKLIN MEDICA…$525KBAYSTATE NOBLE HOSPITAL …$310KVISITING NURSE ASSOCIATI…$153KBAYSTATE WING HOSPITAL C…$60KBAYSTATE ADMINISTRATIVE …$6K

Grant Size Distribution

38 grants across all recorded years

1<$50K3$50–100K11$100–250K7$250–500K9$500K–1M6$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Baystate Health Foundation Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KATHLEEN L TOBIN MAR…DIRECTOR ANNUAL FUND & EVENTS$148KKYLIE H JOHNSONPLANNED GIVING DIRECTOR$123KTERESA GROVEPHILANTHROPY OFFICER$100K

From 2024 filing

NameTitleHoursCompensation
MARK A KEROACK MDTRUSTEE (THRU 6/3/24)/PRESIDENT & CEO - BH1
ANDREW ARTENSTEIN MDTRUSTEE/PRES-BMP/CPE, CAO1
RAYMOND MCCARTHYTRUSTEE/SVP, CFO & TREASURER BH1
SAMUEL SKURATRUSTEE/PRES BMC SVP1
SCOTT BERGTRUSTEE/VP PHILANTHROPY50
MARK W TEEDCHAIR/TRUSTEE1
PETER D BANKOTRUSTEE (AS OF 6/4/24)/PRESIDENT & CEO - BH1
ARAM VARTANIANTRUSTEE1
CHRISTOPHER ORSZULAKTRUSTEE1
DENA M HALLTRUSTEE (AS OF 1/1/24)1
JACQUELINE RODRIQUEZTRUSTEE1
JAMES P SADOWSKYTRUSTEE (THRU 12/31/23)1
JEFFREY A AMANTITRUSTEE1
JOHN F MAYBURYTRUSTEE1
MADELINE LANDRAUTRUSTEE1
MAUREEN JAMESVICE CHAIR (AS OF 1/1/24)/TRUSTEE1
MICHELE MEGAS-DITOMASSITRUSTEE1
MICHELLE DWYERTRUSTEE1
SAMUEL HANMERTRUSTEE1
STEVEN M DANETRUSTEE (THRU 12/31/23)1
VINCENT J CARDILLOTRUSTEE1
KRISTIN R DELANEYCLERK/DIR CORP GOVERNANCE1
NANCY REMILLARDASST. CLERK OF THE CORP1
KATHLEEN L TOBIN MARTINDIRECTOR ANNUAL FUND & EVENTS50$148,423
KYLIE H JOHNSONPLANNED GIVING DIRECTOR50$123,335
TERESA GROVEPHILANTHROPY OFFICER50$100,294
MARION MCGOWANFORMER DIRECTOR/EVP, COO-BH

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

GreenfieldPalmerSpringfieldWest SpringfieldWestfield

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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