Funder DirectoryTHE PROFESTA FOUNDATION
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Private foundation (trust)EIN 832095055Est. 2019-05

THE PROFESTA FOUNDATION

BOSTON, MA 02108

Total Assets

$11.8M

FY 2024

Annual Giving

$315K

FY 2024

Grants Made

14

FY 2024

Avg Grant

$23K

FY 2024

Grant Range

$5K–$70K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$1.4M

Total Expenses

$321K

Qualifying Distributions

$315K

Distributable Amount

$530K

Min. Investment Return

$537K

Undistributed Income

$522K

Payout rate 59%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.59%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

14 grants

Grant sizes from minimum $5K through median $16K to maximum $70K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $315K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

46 grants

GREEK ORTHODOX METROPLOIS OF BOSTON
$127K
2 grants
UMASS MEDICAL SCHOOL
$111K
4 grants
VENERINI ACADEMY
$86K
2 grants
THE AMERICAN COLLEGE OF GREECE
$78K
4 grants
ST SPYRIDON CATHEDRAL
$75K
3 grants
FIDELITY CHARITABLE
$70K
1 grant
CROSSROAD INSTITUTION
$55K
3 grants
THE HELLENIC WOMENS CLUB INC
$51K
4 grants

Grant Size Distribution

46 grants

<$10K
22
grants
$10–50K
20
grants
$50–250K
4
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

6 states

Massachusetts
$754K
89% of total
Ohio
$70K
8% of total
North Carolina
$15K
2% of total
New Hampshire
$5K
1% of total
New York
$3K
0% of total
Virginia
$2K
0% of total

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THE PROFESTA FOUNDATION — Grants, Financials & Contact | Grantivo