The Profesta Foundation
Preselected recipients only
The Profesta Foundation is a private foundation in Boston, Massachusetts. In tax year 2025 it gave $529,348 in 19 grants; the typical grant was $25,000 and the largest $100,607. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$529,348
- Number of grants19
- Typical grant$25,000
- Largest grant$100,607
- Assets$15.2 million
- New grantees26%
Giving in 2025 was up from $315,244 the year before.
26% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $275,345 | 13 | $10.2 million |
| 2024 | $315,244 | 14 | $11.8 million |
| 2025 | $529,348 | 19 | $15.2 million |
How to apply
The Profesta Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Profesta Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 17 | $455,469 |
| Ohio | 1 | $63,879 |
| North Carolina | 1 | $10,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Venerini Academy | General support | $100,607 |
| Fidelity Charitable | General support | $63,879 |
| St George Greek Orthodox Church | General support | $52,000 |
| St Michaels Orthodox Church | General support | $30,000 |
| Crossroad Institution | General support | $25,272 |
| The American College of Greece | General support | $25,090 |
| Bentley University | General support | $25,000 |
| Cultural Center Hrisohorafiton | General support | $25,000 |
| New England Law Boston | General support | $25,000 |
| Umass Medical School | General support | $25,000 |
| Greek Orthodox Metroplois of Boston | General support | $22,500 |
| Alpha Omega Council Inc | General support | $20,000 |
| St Spyridon Cathedral | General support | $20,000 |
| Boston Celtics Shamrock Foundation | General support | $15,000 |
| Museum of Fine Arts Boston | General support | $15,000 |
| Boston University School of Law | General support | $10,000 |
| Duke University | General support | $10,000 |
| The Hellenic Womens Club Inc | General support | $10,000 |
| Worcester Art Museum | General support | $10,000 |
Officers and trustees
- Anastasios Parafestas
Questions people ask
Does The Profesta Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Profesta Foundation give?
$529,348 in tax year 2025, across 19 grants, with a typical grant of $25,000.
Who runs The Profesta Foundation?
Its 2025 filing lists Anastasios Parafestas (Trustee).
What does The Profesta Foundation fund?
Based on its grants, mainly education, faith communities and arts and culture.