Also known as: FOUNDATION INC
Progress For Informatics & Energy Foundation Inc. is a private corporation based in WELLESLEY, MA. The foundation received its IRS ruling in 2023. It holds total assets of $3.3M. Annual income is reported at $516K. The foundation operates in the area of education. According to available records, Progress For Informatics & Energy Foundation Inc. has made 5 grants totaling $250K, with a median grant of $50K. The foundation has distributed between $120K and $130K annually from 2022 to 2023. Individual grants have ranged from $30K to $65K, with an average award of $50K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Texas and Massachusetts and District of Columbia. Contributions to this foundation are tax-deductible.
Progress For Informatics & Energy Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in TX, MA, DC.
Progress For Informatics & Energy Foundation Inc. has distributed a total of $250K across 5 grants. The median grant size is $50K, with an average of $50K. Individual grants have ranged from $30K to $65K.
Progress For Informatics & Energy Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (920971453) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Progress For Informatics & Energy Foundation Inc. is headquartered in WELLESLEY, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John D'Amore | PRESIDENT | $0 | $0 | $0 |
| Samantha D'Amore | CLERK | $0 | $0 | $0 |
Total Giving
$167K
Total Assets
$3.4M
Fair Market Value
$3.7M
Net Worth
$3.4M
Grants Paid
$120K
Contributions
$0
Net Investment Income
$98K
Distribution Amount
$172K
Total: $0
Total Grants
5
Total Giving
$250K
Average Grant
$50K
Median Grant
$50K
Unique Recipients
3
Most Common Grant
$65K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Reboot RxHEALTH RESEARCH | Winchester, MA | $50K | 2023 |
| National Women'S Health NetworkHEALTH RESEARCH | Washington, DC | $40K | 2023 |
| Ut Health HoustonINTEROPERABILITY INNOVATION FUND | Houston, TX | $30K | 2023 |
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