The Profesta Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Profesta Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 83-2095055

Foundation Overview

Based in Boston, MA, The Profesta Foundation has awarded 92 grants totaling $2,363,659 to organizations in Massachusetts, New Hampshire and 4 other states across the US. Individual grants range from $1,500 to $775,075, with a median award of $14,826.5.

Latest Tax Year
2024
Total Giving (all years)
$2,363,659
Total Assets
$11,800,110
Median Grant (all grants)
$14,826.5

Latest Form 990-PF Snapshot

Total Grants
28
Median Grant
$16,250
% Median Grant Growth
+63% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: March 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Closed Network: 7%

2 of 28 recipients (7%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Massachusetts

88% of all grants are concentrated in Massachusetts, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Massachusetts, funding concentrates in Boston (47%), Worcester (19%), Waltham (10%).

Funding Trajectory
+251%

Strong 251% growth in annual giving over 4 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
Community Projects

Highly focused on community projects with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into The Profesta Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Bentley University $10,000 Waltham, MA, US General Support 2024
Boston Celtics Shamrock Foundation $14,653 Boston, MA, US General Support 2024
Boston University School Of Law $20,000 Boston, MA, US General Support 2024
Crossroad Institution $25,425 Cambridge, MA, US General Support 2024
Duke University $5,000 Durham, NC, US General Support 2024
Greek Orthodox Metroplois Of Boston $17,500 Brookline, MA, US General Support 2024
Museum Of Fine Arts Boston $15,000 Boston, MA, US General Support 2024
New England Law Boston $10,000 Boston, MA, US General Support 2024
St Spyridon Cathedral $15,000 Worcester, MA, US General Support 2024
The American College Of Greece $26,694 Boston, MA, US General Support 2024
The Hellenic Womens Club Inc $10,000 Boston, MA, US General Support 2024
Umass Medical School $25,000 Shrewsbury, MA, US General Support 2024
Venerini Academy $50,767 Worcester, MA, US General Support 2024
Fidelity Charitable $70,205 Cincinnati, OH, US General Support 2024
Bentley University $10,000 Waltham, MA, US General Support 2024
Boston Celtics Shamrock Foundation $14,653 Boston, MA, US General Support 2024
Boston University School Of Law $20,000 Boston, MA, US General Support 2024
Crossroad Institution $25,425 Cambridge, MA, US General Support 2024
Duke University $5,000 Durham, NC, US General Support 2024
Greek Orthodox Metroplois Of Boston $17,500 Brookline, MA, US General Support 2024
Museum Of Fine Arts Boston $15,000 Boston, MA, US General Support 2024
New England Law Boston $10,000 Boston, MA, US General Support 2024
St Spyridon Cathedral $15,000 Worcester, MA, US General Support 2024
The American College Of Greece $26,694 Boston, MA, US General Support 2024
The Hellenic Womens Club Inc $10,000 Boston, MA, US General Support 2024
Umass Medical School $25,000 Shrewsbury, MA, US General Support 2024
Venerini Academy $50,767 Worcester, MA, US General Support 2024
Fidelity Charitable $70,205 Cincinnati, OH, US General Support 2024
Bentley University $5,000 Waltham, MA, US General Support 2023
Boston University School Of Law $10,000 Boston, MA, US General Support 2023
Crossroad Institution $5,000 Cambridge, MA, US General Support 2023
Museum Of Fine Arts Boston $15,000 Boston, MA, US General Support 2023
New England Law Boston $5,000 Boston, MA, US General Support 2023
St Nicholas Greek Orthodox Church $5,000 Portsmouth, NH, US General Support 2023
St Spyridon Cathedral $55,000 Worcester, MA, US General Support 2023
The American College Of Greece $5,000 Boston, MA, US General Support 2023
The Hellenic Womens Club Inc $10,875 Boston, MA, US General Support 2023
Umass Medical School $25,000 Shrewsbury, MA, US General Support 2023
Duke University $10,000 Durham, NC, US General Support 2023
Greek Orthodox Metroplois Of Boston $109,470 Brookline, MA, US General Support 2023
Boston Celtics Shamrock Foundation $15,000 Boston, MA, US General Support 2023
Bentley University $5,000 Waltham, MA, US General Support 2022
Museum Of Fine Arts Boston $15,000 Boston, MA, US General Support 2022
New England Law Boston $5,000 Boston, MA, US General Support 2022
The American College Of Greece $20,000 Boston, MA, US General Support 2022
The Hellenic Womens Club Inc $25,000 Boston, MA, US General Support 2022
Umass Medical School $25,000 Shrewsbury, MA, US General Support 2022
Crossroad Institution $25,000 Cambridge, MA, US General Support 2022
The Hellenic American Academy $5,000 Lowell, MA, US General Support 2022
George Mason University $1,500 Fairfax, VA, US General Support 2022
Worcester Academy $1,834 Worcester, MA, US General Support 2022
Venerini Academy $35,000 Worcester, MA, US General Support 2022
St Spyridon Cathedral $5,000 Worcester, MA, US General Support 2022
Bentley University $5,000 Waltham, MA, US General Support 2022
Museum Of Fine Arts Boston $15,000 Boston, MA, US General Support 2022
New England Law Boston $5,000 Boston, MA, US General Support 2022
The American College Of Greece $20,000 Boston, MA, US General Support 2022
The Hellenic Womens Club Inc $25,000 Boston, MA, US General Support 2022
Umass Medical School $25,000 Shrewsbury, MA, US General Support 2022
Crossroad Institution $25,000 Cambridge, MA, US General Support 2022
The Hellenic American Academy $5,000 Lowell, MA, US General Support 2022
George Mason University $1,500 Fairfax, VA, US General Support 2022
Worcester Academy $1,834 Worcester, MA, US General Support 2022
Venerini Academy $35,000 Worcester, MA, US General Support 2022
St Spyridon Cathedral $5,000 Worcester, MA, US General Support 2022
Bentley University $5,000 Waltham, MA, US General Support 2022
Museum Of Fine Arts Boston $15,000 Boston, MA, US General Support 2022
New England Law Boston $5,000 Boston, MA, US General Support 2022
The American College Of Greece $20,000 Boston, MA, US General Support 2022
The Hellenic Womens Club Inc $25,000 Boston, MA, US General Support 2022
Umass Medical School $25,000 Shrewsbury, MA, US General Support 2022
Crossroad Institution $25,000 Cambridge, MA, US General Support 2022
The Hellenic American Academy $5,000 Lowell, MA, US General Support 2022
George Mason University $1,500 Fairfax, VA, US General Support 2022
Worcester Academy $1,834 Worcester, MA, US General Support 2022
Venerini Academy $35,000 Worcester, MA, US General Support 2022
St Spyridon Cathedral $5,000 Worcester, MA, US General Support 2022
Bentley University $5,000 Waltham, MA, US General Support 2021
Boston University School Of Law $5,000 Boston, MA, US General Support 2021
New England Law Boston $5,000 Boston, MA, US General Support 2021
The American College Of Greece $775,075 Boston, MA, US General Support 2021
Umass Medical School $26,000 Shrewsbury, MA, US General Support 2021
Orthodox Vocation & Ministry Foundation $25,000 Brookline, MA, US General Support 2021
Museum Of Fine Arts Boston $12,000 Boston, MA, US General Support 2021
St Nicholas Greek Orthodox Church $10,000 Portsmouth, NH, US General Support 2021
The American College Of Greece $26,250 Boston, MA, US General Support 2020
The Hellenic Womens Club Inc $5,000 Boston, MA, US General Support 2020
The Hellenic Initiative Inc $2,500 New York, NY, US General Support 2020
Bentley University $10,000 Waltham, MA, US General Support 2020
New England Law Boston $5,000 Boston, MA, US General Support 2020
Boston University School Of Law $5,000 Boston, MA, US General Support 2020
Umass Medical School $35,999 Worcester, MA, US General Support 2020

Foundations Similar to The Profesta Foundation

Discover 5 foundations with comparable assets ($11,493,115-$11,994,820), similar grant patterns, and geographic focus in MA that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

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EIN: 04-2660129 | 32 grants awarded
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EIN: 20-1990804 | 114 grants awarded
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Contact Information

Official contact details for The Profesta Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 83-2095055
Website N/A
Address CO THE BOLLARD GROUP ONE JOY ST Boston, MA 02108-0000

Key People (1)

Board members, trustees, and key staff who oversee The Profesta Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Trustee Anastasios Parafestas

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for The Profesta Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated March 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.