Buonato Foundation Corporation
Buonato Foundation Corporation is a private foundation, 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.
Buonato Foundation Corporation at a glance
In short: Buonato Foundation Corporation gave $65K across 3 grants in 2025 (avg $22K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $65,000
- +44.4% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $21,667
- -3.7% vs 2024
- Median grant
- $25,000
- Total assets
- $399,707
- -14.1% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Buonato Foundation Corporation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was University of Ma Amherst ($25K). Together the top 3 received $65K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Buonato Foundation Corporation gives
- Giving grew 44% from 2022 to 2025. Method
- In 2025 it paid out 726% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $35K (2023) to $65K (2025). In 2025 it made 3 grants totaling $65K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $399,707 | $1,850 | $67,169 | $65,000 | 3 | $65,000 | $1,850 | $8,956 |
| 2024 | $465,063 | $1,144 | $45,553 | $45,000 | 2 | $45,000 | $1,144 | $11,669 |
| 2023 | $509,437 | $350,000 | $39,642 | $35,000 | 2 | $35,000 | — | $11,289 |
| 2022 | $199,079 | $100,000 | $47,722 | $45,100 | 4 | $45,100 | — | $8,517 |
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.
Leadership & Key People
Officers and directors from IRS filings
Buonato Foundation Corporation is led by Robert Buonato, President, Treasurer & Director on every filing since 2022; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert Buonato
President, Treasurer & Director
On filings since 2022
No compensation reported
Frank W. Tessitore
Clerk, Director & P-T
On filings since 2022
No compensation reported
Terrence M. O'Donnell
Director & P-T
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Buonato Foundation Corporation
How much does Buonato Foundation Corporation give each year?
Buonato Foundation Corporation gave $65K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 2 grants.
What is Buonato Foundation Corporation's typical grant size?
Buonato Foundation Corporation's median grant in 2025 was $25,000, and its average grant was $21,667, across 3 grants on its 2025 IRS Form 990-PF.
Where does Buonato Foundation Corporation give grants?
Buonato Foundation Corporation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (2 grants).
Does Buonato Foundation Corporation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Buonato Foundation Corporation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Buonato Foundation Corporation?
Buonato Foundation Corporation reported $400K in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2025
Live grants for the work Buonato Foundation Corporation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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