The Prospect Fund

Organization Overview

The Prospect Fund is located in Allston, MA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prospect Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Prospect Fund generated $305.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $132.0k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Prospect Fund has awarded 198 individual grants totaling $796,850. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $4
Dividends & Interest $73,624
Net Rental Income$0
Net Gain on Sale of Assets $231,470
Capital Gain Net Income $231,470
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $305,098

Grants Awarded

Over the last fiscal year, The Prospect Fund has awarded $118,500 in support to 29 organizations.

Grant RecipientAmount

MUSEUM OF FINE ARTS

Org PageRecipient Profile

Boston, MA

PURPOSE: CHARITABLE

$20,000

COOLIDGE CORNER THEATRE FOUNDATION

Org PageRecipient Profile

Brookline, MA

PURPOSE: CHARITABLE

$10,000

BROOKLINE COMMUNITY FOUNDATION

Org PageRecipient Profile

Brookline, MA

PURPOSE: CHARITABLE

$10,000

BROOKLINE COMMUNITY MENTAL HEALTH CENTER

Org PageRecipient Profile

Brookline, MA

PURPOSE: CHARITABLE

$10,000

TIDES CENTER

PURPOSE: CHARITABLE

$10,000

THE LENNY ZAKIM FUND

Org PageRecipient Profile

Boston, MA

PURPOSE: CHARITABLE

$10,000
View Grant Profile

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