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Proteus Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043243004 ✦ Amherst, MA ✦ Designated as a 501(c)(3)

Overview

What is Proteus Fund Inc?

Proteus Fund Inc, a Massachusetts-based nonprofit organization located at 15 Research Drive Suite B, Amherst, MA 01002, specializes in bridging the gap between engaged philanthropists and social justice grantees. They facilitate this connection through donor collaboratives and offer fiscal sponsorship to socially impactful initiatives. Proteus Fund's mission encompasses advancing racial, gender, queer, and disability justice, as well as promoting a fully representative democracy. With a team of 105 dedicated individuals, they foster philanthropy's influence on the frontlines of social justice.


Official website here: www.proteusfund.org

Is Proteus Fund Inc legitimate?

Proteus Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proteus Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $749,071
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,228,380

For more financial information, click here


Official website here: www.proteusfund.org

What is the mission statement of Proteus Fund Inc?

Proteus Fund Inc is dedicated to bridging the gap between philanthropy and social justice movements, focusing on racial, gender, queer, and disability equality, as well as a representative and inclusive democracy. By connecting engaged, mission-aligned funders with grantees, Proteus Fund facilitates impactful collaborations. In addition, the organization offers fiscal sponsorship to dynamic social justice initiatives and manages donor and group advised funds that align with its mission, vision, and values.


Official website here: www.proteusfund.org

Who is the CEO of Proteus Fund Inc?

Paul Di Donato is the Chair of Proteus Fund Inc. The CEO's salary of Proteus Fund Inc is $295,668 and their total compensation is $349,796.


Official website here: www.proteusfund.org

What is the revenue of Proteus Fund Inc?

Proteus Fund Inc's revenue in 2022 was $62,955,408.


Official website here: www.proteusfund.org

Who are the executives of Proteus Fund Inc and what are their salaries?

The average compensation at Proteus Fund Inc during 2022 was $85,500. There are 105 employees and 12 volunteers at Proteus Fund Inc.

Here are 22 key members and their salaries (Proteus Fund Inc's CEO's salary is $295,668 and their total compensation is $349,796):

    Paul Di Donato (President & Ceo)
  • Compensation: $295,668
  • Related: $0
  • Other: $54,128

    • Michael Jarvis (Program Director-Tai)
  • Compensation: $200,421
  • Related: $0
  • Other: $55,351

    • Jill Price Marshall (Chief Operating Officer)
  • Compensation: $197,381
  • Related: $0
  • Other: $47,831

    • Emily Harris (Director Dpf)
  • Compensation: $193,985
  • Related: $0
  • Other: $34,605

    • Amardeep Singh Bhalla (Vp Of Programming)
  • Compensation: $175,356
  • Related: $0
  • Other: $34,388

    • Beery Jimenez (Director Of Philanthropy &)
  • Compensation: $165,414
  • Related: $0
  • Other: $41,617

    • Gail Fuller (Program Manager Dpf)
  • Compensation: $143,066
  • Related: $0
  • Other: $26,548

    • Ryan Chavez (Chief Financial Officer)
  • Compensation: $145,439
  • Related: $0
  • Other: $19,969

    • La Tonya Green (Director Weavers Program)
  • Compensation: $150,755
  • Related: $0
  • Other: $14,521

    • Andrew Grant-Thomas (Co-Director Embrace Race)
  • Compensation: $142,014
  • Related: $0
  • Other: $15,216

    • Eric Ward (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natasha Minsker (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Odell Mays (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nima Shirazi (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Eng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mai-Anh Tran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tia Oros Peters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betsy Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Dowley-Blackman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.proteusfund.org

    Where can I find the form 990 for Proteus Fund Inc?

    The Proteus Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.proteusfund.org

    Learn more at the official website: www.proteusfund.org

    Mission Statement of Proteus Fund Inc

    Proteus Fund, a philanthropic organization, is dedicated to bridging the gap between social justice initiatives and philanthropy. With a mission to advance racial, gender, queer, and disability justice, as well as promote an inclusive, fully representative democracy, Proteus Fund connects engaged and mission-aligned funders to grantees through donor collaboratives.

    By serving as a catalyst for change, Proteus Fund supports a diverse range of social justice initiatives, empowering them with the necessary resources to make a significant impact. Through fiscal sponsorship, the organization provides a platform for dynamic social justice initiatives to thrive, allowing them to focus on their mission rather than administrative tasks. Additionally, Proteus Fund offers donor and group advised funds, all in line with its mission, vision, and values.

    Proteus Fund's role extends beyond financial support. It seeks to create meaningful partnerships, fostering collaboration and ensuring that the initiatives it supports have the best possible chance of success. By connecting funders directly to the frontlines of social justice, Proteus Fund not only facilitates impactful change but also promotes a more equitable and just society.

    Impact

    This information is meant to be a general summary of Proteus Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Proteus Fund Inc's impact lies in connecting philanthropy to the frontlines of social justice, thereby advancing racial, gender, queer, and disability justice, as well as promoting an inclusive, fully representative democracy. Through its specialized approach, Proteus Fund effectively links engaged, mission-aligned funders to each other and to grantees through donor collaboratives. Additionally, the organization provides fiscal sponsorship to dynamic social justice initiatives and offers support for donor and group-advised funds that align with its mission, vision, and values. Proteus Fund's work in Amherst, MA, embodies a commitment to fostering systemic change and promoting social justice in alignment with its core mission.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $474,402
  • Program Service Revenue: $661,378
  • Gross Receipts: $63,414,771

    • Assets and Liabilities:
  • Total Assets: $54,254,399
  • Total Liabilities: $9,200,844
  • Net Assets: $45,053,555
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EARNED INCOME FROM CONSULTING

    Revenue

    $652,378

    MANAGEMENT SERVICE INCOME

    Revenue

    $9,000

    Organization Details

    Founding Year

    1994

    Principal Officer

    Paul Di Donato

    Main Address

    15 RESEARCH DRIVE SUITE B, AMHERST, MA, 01002

    NTEE Category

    Code: B12 - Education

    If you are a representative of Proteus Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.