NonprofitsMathematics Foundation Of America

Youth Development

Mathematics Foundation Of America

CAMBRIDGE, MA

Total revenue

$1.3M

Total expenses

$1.5M

Net assets

$379K

Grants received

$1.1M

39 grants

EIN

571035414

Tax year

2023

Mission

The mfoas mission is to create joyous student communities built around shared curiosity for deep mathematics, and to broaden access to these communities for highly curious and mathematically prepared young people who will thrive in them.

Programs

2 programs

Mfoa continues to provide programming and support for mathcamp alumni long after the summer ends: from recommendation letters to reunions, we stay engaged with our students throughout their career trajectories. During fy 23-24, we ran our fourth mathcamp all-alumni online reunion, with 80+ alums participating in a weekend of networking and social events. We also hosted our annual reception at the joint mathematics meetings-an opportunity to connect with alumni from all generations of mathcamp pursuing mathematical research-and our annual gathering celebrating the mit mystery hunt.

Mfoas second program, the summer mathematics programs consortium, brings together the leadership of intensive summer math programs in a community to further their work through collaboration. The consortium aims to promote and increase math enrichment opportunities nationwide for grades 6-12 students. During fy 23-24, we held our second annual conference (with 92 participants representing 31 programs and 16 related organizations), began building shared resources that leverage our collective economy of scale, and designed a new program incubator, scheduled to launch in 2025.

Financials

FY 2023

Revenue

Contributions & grants$626K
Program service revenue$661K
Investment income$4K
Other revenue$4K
Total revenue$1.3M

Expenses

Grants paid$106K
Salaries & benefits$484K
Fundraising$14K
Other expenses$878K
Total expenses$1.5M
Total assets$385K
Net assets$379K

People

5 listed

NameRoleCompensation

DAVID SAVITT

SECRETARY

Board

1 hrs/wk

GREGORY BURNHAM

TREASURER

Board

1 hrs/wk

DANIEL ZAHAROPOL

CHAIR

Board

4 hrs/wk

YVONNE LAI

VICE CHAIR

Board

1 hrs/wk

MARISA DEBOWSKY

EXECUTIVE DIRECTOR

Staff

$114K

40 hrs/wk

Grants received

Showing 39 of 39

FromAmountPurposeYear
$25K
SUMMER MATHEMATICS PROGRAMS CONSORTIUM FALL 2024 CONFERENCE GIFT
2024
$2K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$108K
For grant recipient's exempt purposes
2023
$60K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$33K
UNRESTRICTED GENERAL SUPPORT
2023
$2K
GENERAL OPERATING SUPPORT
2023
$100K
HUMAN SERVICES
2022
$57K
Youth Development
2022
$55K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$37K
For grant recipient's exempt purposes
2022
$33K
ENTITY SUPPORT
2022
$25K
UNRESTRICTED GENERAL SUPPORT
2022
$1K
GENERAL OPERATING SUPPORT
2022
$500
MATCHING GIFT
2022
$55K
For recipient's exempt purpose
2021
$50K
HUMAN SERVICES
2021
$18K
For grant recipient's exempt purposes
2021
$18K
For grant recipient's exempt purposes
2021
$10K
Mathcamp Program
2021
$51K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$50K
UNRESTRICTED GENERAL SUPPORT
2020
$11K
For grant recipient's exempt purposes
2020
$10K
EPSILON-ANNUAL SUPPORT
2020
$10K
Canada/USA Mathcamp Program
2020
$5K
Unrestricted
2020
$50K
HUMAN SERVICES
2019
$25K
UNRESTRICTED GENERAL SUPPORT
2019
$11K
For grant recipient's exempt purposes
2019
$19K
For grant recipient's exempt purposes
2018
$15K
Unrestricted
2018
$3K
Mathcamp Program
2018

Funded by

$1.1M from 14 funders · 39 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$222K · 7 grants · 2018–2023

Vanguard Charitable Endowment Program

$221K · 4 grants · 2020–2023

National Philanthropic Trust

$200K · 3 grants · 2019–2022

American Online Giving Foundation Inc

$164K · 6 grants · 2019–2024

Morgan Stanley Global Impact Funding Trust Inc

$133K · 4 grants · 2019–2023

Carina Initiatives Inc

$33K · 1 grant · 2022

Zhu Family Foundation Inc

$33K · 4 grants · 2018–2023

Details

EIN571035414
NTEE codeO50
Subsection03
Ruling date2016-04
Formed1995
Employees30
Volunteers41
MATHEMATICS FOUNDATION OF AMERICA — Mission, Financials & Grants Received | Grantivo