Proteus Fund INC
Connects philanthropic donors with frontline social justice movements to advance racial, gender, queer, and disability justice, alongside promoting an inclusive, representative democracy. For fiscal year 2024 it reported $43.2M in revenue, $50.9M in expenses, and $60.8M in net assets.Pt I
- Founded
- 1994
- Type
- Public charity (501(c)(3)) · Education
- Location
- Waltham, MA
- Website
- www.proteusfund.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Paul Di Donato’s $369K as President & CEO is at the 76th percentile of top reported officer pay among 3682 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Paul Di Donato | $369,231 | $372,415 | $295,668 | $290,032 | $273,244 |
| Beery Jimenez | $226,413 | $204,625 | $165,414 | $144,593 | $145,823 |
| Michael Jarvis | $198,433 | $194,695 | $200,421 | $192,007 | $207,687 |
| Emily Harris | — | $199,960 | $193,985 | — | — |
| Jill Price Marshall | — | — | $197,381 | $167,360 | $166,769 |
| Sydney Henriques-Payne | $195,064 | — | — | — | — |
| Amardeep Singh Bhalla | — | $179,306 | $175,356 | $145,087 | — |
| Ryan Chavez | $176,379 | — | $145,439 | $137,909 | $179,230 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Proteus fund specializes in connecting engaged, mission-aligned funders to each other and to grantees through donor collaboratives. We also offer fiscal sponsorship to dynamic social justice initiatives as well as donor and group advised funds aligned with our mission, vision, and values.
Rights, inclusion, solidarity, and equity (rise) together fund is a donor collaborative that brings together individual donors and foundations to advance the civil rights and fight for full inclusion of black, african, arab, muslim, middle eastern, and south asian communities and promote their contributions to democracy, culture, and…
Piper fund is a donor collaborative that brings together individual donors and foundations to defend democratic institutions and the rule of law. The fund connects and resources grassroots organizations dedicated to protecting our democracy and envisioning reforms to make it more inclusive and representative.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 81% | — | — |
| Overhead ratio | 15% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | -40% | — | — |
| Legal fee ratio | 0.3% | — | — |
| Accounting fee ratio | 0.08% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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