Private Foundation

THE PROFESTA FOUNDATION

THE PROFESTA FOUNDATION, of BOSTON, MA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.4M in revenue, $321K in expenses, $10.2M in total assets. IRS filings disclose 46 grants awarded by this foundation, totaling roughly $849K.

EIN: 832095055 BOSTON, MA Latest filing: 2024
Total Revenue$1.4M
Total Expenses$321K
Total Assets$10.2M
Grants Given46
Grant Total$849K
Filing Years2019–2024

Sample Grants Given

FIDELITY CHARITABLE
CINCINNATI, OH · 2024
GENERAL SUPPORT
$70,205
VENERINI ACADEMY
WORCESTER, MA · 2024
GENERAL SUPPORT
$50,767
THE AMERICAN COLLEGE OF GREECE
BOSTON, MA · 2024
GENERAL SUPPORT
$26,694
CROSSROAD INSTITUTION
CAMBRIDGE, MA · 2024
GENERAL SUPPORT
$25,425
UMASS MEDICAL SCHOOL
SHREWSBURY, MA · 2024
GENERAL SUPPORT
$25,000

Showing up to 5 of 46 total records — full history available with membership.

Officers & Directors

TRUSTEE Anastasios Parafestas

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$848,672 46 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $321K $10.2M
2023 $532K $277K $9.8M
2022 $-92K $327K $9.7M
2020 $239K $95K $11.4M
2019 $11.4M $11.4M

Between 2019 and 2024, reported annual revenue declined from $11.4M to $1.4M (-87%), with total assets most recently reported at $10.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA, NC, NH, NY, OH, VA.

MANCNHNYOHVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE PROFESTA FOUNDATION

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