Buonato Foundation Corporation
Buonato Foundation Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRAMINGHAM, MA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $400K in total assets. In 2025, it awarded 3 grants totaling $65K. Net investment income was $2K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$400K
-14.1% YoY
Annual Giving
$65K
+44.4% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$22K
-3.7% YoY
Under IRS private-foundation payout rules, Buonato Foundation Corporation reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.
About Buonato Foundation Corporation
Based on IRS filings
Buonato Foundation Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRAMINGHAM, MA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $400K in total assets. In 2025, it awarded 3 grants totaling $65K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $399,707 | $465,063 | $509,437 |
| Revenue | $1,850 | $1,144 | $350,000 |
| Expenses | $67,169 | $45,553 | $39,642 |
| Qualifying Distributions | $65,000 | $45,000 | $35,000 |
| Net Investment Income | $1,850 | $1,144 | — |
| Distributable Amount | $8,956 | $11,669 | $11,289 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include University of Ma Amherst ($25,000), Dana-farber Cancer Institute ($25,000), Boston University ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF MA AMHERST AMHERST, MA | Scholarship | $25,000 |
| DANA-FARBER CANCER INSTITUTE BOSTON, MA | MEDICAL RESEARCH | $25,000 |
| BOSTON UNIVERSITY BOSTON, MA | SCHOLARSHIP | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT BUONATO | Pres/TREAS/DIR | — | — |
| FRANK W TESSITORE | CLERK/DIR/P-T | — | — |
| TERRENCE M O'DONNELL | Director/P-T | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Buonato Foundation Corporation?
Buonato Foundation Corporation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRAMINGHAM, MA. It holds $400K in total assets as of 2025.
How large is Buonato Foundation Corporation?
As of 2025, Buonato Foundation Corporation holds $400K in total assets with $2K in annual revenue. It awarded 3 grants totaling $65K in 2025.
Where does Buonato Foundation Corporation operate?
Buonato Foundation Corporation has awarded grants in Massachusetts.
What size grants does Buonato Foundation Corporation award?
In 2025, Buonato Foundation Corporation awarded 3 grants totaling $65K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Buonato Foundation Corporation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Buonato Foundation Corporation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Buonato Foundation Corporation's EIN?
Buonato Foundation Corporation's EIN (Employer Identification Number) is 04-3576734. IRS Form 990 filing data is available on this page for 2022–2025.
Explore Open Grants
Browse active grant opportunities in Buonato Foundation Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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