EIN 04-3243004

Proteus Fund

IRS 501(c) type
501(c)(3)
Num. employees
105
Year formed
1994
Most recent tax filings
2023-12-01
Description
The Proteus Fund is a public charity based in Amherst, MA that partners with foundations, advocates and donors to advance democracy, human rights, and peace. They specialize in connecting engaged funders through donor collaboratives and offer strategic guidance to family foundations. Additionally, they offer fiscal sponsorship to social justice initiatives. One of their donor collaboratives is the Rise Together Fund, which supports Muslim, Arab, and South Asian organizations working towards legal rights and inclusion for their communities.
Total revenues
$73,102,909
2023
Total expenses
$49,221,407
2023
Total assets
$76,288,239
2023
Num. employees
105
2023

Program areas at Proteus Fund

Proteus Fund specializes in connecting engaged, mission-aligned funders to each other and to grantees through donor collaboratives. We also offer fiscal sponsorship to dynamic social justice initiatives as well as donor and group advised funds aligned with our mission, vision, and values.
Rights, inclusion, solidarity, and equity (rise) together Fund is a donor collaborative that brings together individual donors and foundations to work alongside impacted black, african, arab, muslim, middle eastern, and south asian communities to advance their civil rights, fight for full inclusion, and promote their contributions to democracy, culture, and society.
Piper Fund is a donor collaborative that brings together individual donors and foundations to defend democratic institutions and the rule of law. The Fund connects and resources grassroots organizations dedicated to protecting our democracy and envisioning reforms to make it more inclusive and representative.

Who funds Proteus Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustHuman Services$10,005,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$3,952,570
Vital Projects FundGeneral Support$2,705,000
...and 157 more grants received totalling $42,595,589

Personnel at Proteus Fund

NameTitleCompensation
Paul Di DonatoPresident and Chief Executive Officer$295,668
Beery AdamsChief Operating Officer
Ryan ChavezChief Financial Officer$145,439
Amardeep SinghVice President for Programs
Amardeep Singh BhallaVice President of Programming / Vice President of Prgarming$175,356
...and 31 more key personnel

Financials for Proteus Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$69,161,938
Program services$2,124,646
Investment income and dividends$1,816,325
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$73,102,909

Form 990s for Proteus Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-11990View PDF
2019-122021-03-02990View PDF
...and 10 more Form 990s

Organizations like Proteus Fund

OrganizationLocationRevenue
50canWashington, DC$37,090,533
The Ohio University FoundationAthens, OH$85,119,153
Purdue Research Foundation (PRF)West Lafayette, IN$169,421,704
Hispanic Scholarship FundGardena, CA$45,537,768
Oklahoma State University FoundationStillwater, OK$281,473,035
The Ocean Foundation (TOF)Washington, DC$18,854,739
Environmental Defense Fund (EDF)New York, NY$247,057,586
University of Vermont and State Agricultural COLLEGE FoundationBurlington, VT$63,417,980
Oregon State University FoundationCorvallis, OR$137,919,743
NewSchools Venture Fund (NSVF)Oakland, CA$49,069,499
Data update history
November 26, 2024
Received grants
Identified 16 new grant, including a grant for $980,000 from Wellspring Philanthropic Fund
September 22, 2024
Updated personnel
Identified 1 new personnel
August 10, 2024
Received grants
Identified 31 new grant, including a grant for $2,705,000 from Vital Projects Fund
May 18, 2024
Received grants
Identified 9 new grant, including a grant for $500,352 from Charities Aid Foundation of America
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCorporate foundationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingNational levelTax deductible donationsFiscal sponsorAccepts online donations
General information
Address
303 Wyman St 300
Waltham, MA 02451
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
proteusfund.org/ 
Phone
(413) 256-0349
Twitter profile
@proteusfund 
IRS details
EIN
04-3243004
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B12: Education Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0269007
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-31
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