Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Bahnik Foundation Inc is a philanthropic organization based in Oyster Bay, New York, with significant assets totaling over $81 million. The foundation's annual expenses are approximately $3.5 million, while its revenue is around $43.4 million. The foundation focuses on a wide range of subject areas, including education, higher education, health, in-patient medical care, hospital care, community and economic development, human services, family services, child welfare, youth development, and youth services. It provides funding to various cities primarily in New York, but also in Florida, Maryland, Pennsylvania, Tennessee, and Vermont. Key personnel include Lore Bahnik (Secretary), Claude A. Bahnik (Vice President & Treasurer), and Michele Bahnik Mercier (President), all of whom work part-time without compensation. The foundation is committed to supporting community development and welfare initiatives across multiple states.
Focus Areas
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Financials
+2.6% from previous year
69 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $1,250,000 | BOYS & GIRLS CLUB OF OYSTER BAY - EAST NORWICH | GENERAL PURPOSES | Oyster bay, NY, US | 2023 |
| $850,000 | BOYS & GIRLS CLUB OF OYSTER BAY - EAST NORWICH | GENERAL PURPOSES | Oyster bay, NY, US | 2024 |
| $785,000 | COLD SPRING HARBOR LABORATORY | GENERAL PURPOSES | Cold spring harbor, NY, US | 2024 |
| $550,000 | COLD SPRING HARBOR LABORATORY | GENERAL PURPOSES | Cold spring harbor, NY, US | 2022 |
| $535,000 | LONG ISLAND UNIVERSITY | GENERAL PURPOSES | Brookville, NY, US | 2023 |
| $525,000 | LONG ISLAND UNIVERSITY (LIU) | GENERAL PURPOSES | Brookville, NY, US | 2024 |
| $500,000 | LONG ISLAND UNIVERSITY (LIU) | GENERAL PURPOSES | Brookville, NY, US | 2022 |
| $300,000 | PORTLEDGE SCHOOL | GENERAL PURPOSES | Locust valley, NY, US | 2022 |
| $297,000 | BOYS & GIRLS CLUB OF OYSTER BAY - EAST NORWICH | GENERAL PURPOSES | Oyster bay, NY, US | 2022 |
| $275,500 | PORTLEDGE SCHOOL | GENERAL PURPOSES | Locust valley, NY, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
LB
LORE BAHNIK
| SECRETARY | $0 | 2024 |
CA
CLAUDE A BAHNIK
| VICE PRES & TREASURER | $0 | 2024 |
MB
MICHELE BAHNIK MERCIER
| PRESIDENT | $0 | 2024 |
LORE BAHNIK
SECRETARY
CLAUDE A BAHNIK
VICE PRES & TREASURER
MICHELE BAHNIK MERCIER
PRESIDENT
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025