Perfect Seas Foundation Inc

BOSTON, MA EIN: 84-3835636

Perfect Seas Foundation Inc is a private foundation focused on Human Services, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $123.9M in total assets. In 2024, it awarded 2 grants totaling $8.0M. Net investment income was $12.4M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$123.9M

+3.6% YoY

Annual Giving

$8.0M

+0.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$4.0M

+0.0% YoY

About Perfect Seas Foundation Inc

Based on IRS filings

Perfect Seas Foundation Inc is a private foundation focused on Human Services, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $123.9M in total assets. In 2024, it awarded 2 grants totaling $8.0M. Net investment income was $12.4M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonOrlando

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$23M20202021202220232024
Metric202420232022
Total Assets$123,939,828$119,597,104$117,352,289
Revenue$12,934,873$19,222,875$6,991,290
Expenses$8,557,027$8,157,816$9,175,922
Qualifying Distributions$8,000,000$8,000,000$9,000,000
Net Investment Income$12,377,846$17,365,059$3,210,256
Distributable Amount$8,029,301$7,226,221$7,862,638

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$9M1 grants20201 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

FIDELITY INVESTMENT CHAR…$7.0MSCHWAB CHARITABLE GIFT F…$1.0M

Grant Size Distribution

8 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M4$1–5M4$5M+

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

NameTitleHoursCompensation
MICHAEL A BASSPRESIDENT2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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