Public Charity

THE PETER FRATES FAMILY FOUNDATION INC

THE PETER FRATES FAMILY FOUNDATION INC, of BEVERLY, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $637K in revenue, $529K in expenses, $534K in total assets. 15 publicly reported grants to this organization, totaling roughly $288K, appear in IRS filings.

EIN: 831680823 BEVERLY, MA Latest filing: 2024
Total Revenue$637K
Total Expenses$529K
Total Assets$534K
Grant Records15
Funding Total$288K
Filing Years2021–2024

Mission

TO PROVIDE SUPPORT TO INDIVIDUALS WITH AN ALS DIAGNOSIS AND TO SUPPORT SELF- IDENTIFIED NEEDS OF PATIENTS, FAMILIES AND CAREGIVERS IN THEIR PURSUIT OF FULLER RICHER AND MORE MEANINGFUL LIVES IN ORDER TO KEEP THEIR DISABLED/TERMINALLY ILL PATIENT AT HOME.

Officers & Directors

CLERK Jean Paddol
Director Jean Paddoll
Director / President John P Frates
Director / Treasurer Judith Cronin
Director Philip Holden
Director Thomas Lamb

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROVIDE FUNDING FOR CHARITABLE FOUNDATION
$94,581 2 grants
For grant recipient's exempt purposes
$58,741 3 grants
GENERAL SUPPORT
$57,302 2 grants
Operating Support/Annual Fund
$24,200 2 grants
Unrestricted
$14,620 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $637K $529K $534K
2023 $177K $299K $84K
2022 $200K $327K $206K
2021 $250K $189K $332K

Between 2021 and 2024, reported annual revenue grew from $250K to $637K (+155%), with total assets most recently reported at $534K.

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

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