Joseph Perini Memorial Foundation
The Joseph Perini Memorial Foundation is a private foundation based in Framingham, Massachusetts (with administrative address in Medway, MA). Established in 1966, the foundation operates as a 501(c)(3) organization with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-0.7% YoY
Annual Giving
$120K
+9.9% YoY
Grant Count
33
+10.0% YoY
Avg Grant Size
$4K
-0.1% YoY
Mission & Focus Areas
The foundation primarily funds general support for nonprofit organizations. Its grantmaking focuses on:
- Human Services
- Education
- Philanthropy, Voluntarism & Grantmaking
- Housing and supportive services
- Women's shelters
- Support for homeless populations
Grantmaking
The foundation provides general operating support to its grantees.
Grant Range
& Frequency:**
Average Grant
amount reflects modest but consistent support
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Massachusetts and Georgia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $1,638,843
- Total Giving: $119,900
- Total Revenues: $146,237
- Total Expenses: $158,061
- Investment Income & Dividends: $71,959
- Net Gain from Sale of Non-Inventory Assets: $69,669
The foundation's revenue is generated primarily through investment income and asset sales rather than contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,638,843 | $1,650,150 | $1,653,571 |
| Revenue | $146,237 | $139,785 | $252,611 |
| Expenses | $158,061 | $144,415 | $165,252 |
| Qualifying Distributions | $136,994 | $124,205 | $146,796 |
| Net Investment Income | $125,170 | $121,202 | $234,155 |
| Distributable Amount | $121,050 | $111,779 | $2,115 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
142 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH R PERINI III | PRESIDENT | 1 | $200 |
| DEBORA RUDZIK | DIRECTOR | 1 | $200 |
| SUSAN GARVEY | SECRETARY/TREASURER | 1 | $10,247 |
| MATTHEW PERINI | DIRECTOR | 1 | $200 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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