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Perfect Seas Foundation Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2020. The principal officer is Michael A Bass. It holds total assets of $123.9M. Annual income is reported at $31.1M. The foundation is governed by 1 officer or trustee. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Perfect Seas Foundation Inc. has made 6 grants totaling $26M, with a median grant of $4.5M. Annual giving has decreased from $18M in 2022 to $8M in 2023. Individual grants have ranged from $3M to $5M, with an average award of $4.3M. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Florida and Massachusetts. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Perfect Seas Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in FL, MA.
Perfect Seas Foundation Inc. has distributed a total of $26M across 6 grants. The median grant size is $4.5M, with an average of $4.3M. Individual grants have ranged from $3M to $5M.
Perfect Seas Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Perfect Seas Foundation Inc. is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael A Bass | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$123.9M
Fair Market Value
N/A
Net Worth
$123.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$26M
Average Grant
$4.3M
Median Grant
$4.5M
Unique Recipients
2
Most Common Grant
$4.5M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab Charitable Gift FundTO CONTINUE CHARITABLE PURPOSE OF THE FOUNDATION | Orlando, FL | $5M | 2023 |
| Fidelity Investment Charitable Gift FundTO CONTINUE CHARITABLE PURPOSE OF THE FOUNDATION | Boston, MA | $3M | 2023 |