NonprofitsPromys Foundation

Education

Promys Foundation

BOSTON, MA

Total revenue

$541K

Total expenses

$949K

Net assets

$1.5M

Grants received

$2.6M

35 grants

EIN

452917981

Tax year

2024

Mission

Promys foundation exists to support promys (program in mathematics for young scientists). All activities of the promys foundation are designed to serve a single purpose: to support the non-profit program in mathematics for young scientists (promys) whose mission is finding and nurturing talent in mathematics. The promys program is a program of boston university, an organization described in section 501(c)(3) and section 170(b)(i)(a)(ii). The activities of the promys foundation will center on fundraising with the primary goal being to provide funds to promys to fund student scholarships.

Financials

FY 2024

Revenue

Contributions & grants$475K
Program service revenue
Investment income$66K
Other revenue
Total revenue$541K

Expenses

Grants paid$906K
Salaries & benefits
Fundraising
Other expenses$43K
Total expenses$949K
Total assets$1.5M
Net assets$1.5M

People

11 listed

NameRoleCompensation

JOSHUA GREENE RESIGNED 111025

TRUSTEE

Board

1 hrs/wk

GLENN STEVENS

TREASURER

Board

1 hrs/wk

WAN-YIN WU

PRESIDENT

Board

1 hrs/wk

MARJORY BARUCH

VICE PRESIDENT 2024 / PRESIDENT ELECT 11 10 25

Board

1 hrs/wk

HENRY COHN

SECRETARY

Board

1 hrs/wk

MICHAEL KING

TRUSTEE

Board

1 hrs/wk

ILA VARMA

TRUSTEE

Board

1 hrs/wk

CAMERON FREER

TRUSTEE

Board

1 hrs/wk

CALEB SHOR

TRUSTEE

Board

1 hrs/wk

LI-MEI LIM

TRUSTEE

Board

1 hrs/wk

AMANDA TUCKER

TRUSTEE

Board

1 hrs/wk

Grants received

Showing 35 of 35

FromAmountPurposeYear
$125
MATCHING GIFTS
2024
$305K
GENERAL SUPPORT
2023
$243K
For grant recipient's exempt purposes
2023
$125K
UNRESTRICTED GENERAL SUPPORT
2023
$50K
Promys Math Circle
2023
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$6K
EPSILON FUND - ANNUAL SUPPORT
2023
$225K
SPECIAL OPPORTUNITIES
2022
$125K
UNRESTRICTED GENERAL SUPPORT
2022
$100K
ENTITY SUPPORT
2022
$53K
For grant recipient's exempt purposes
2022
$13K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$125
MATCHING GIFTS
2022
$224K
FELLOWSHIPS SUPPORT
2021
$224K
FELLOWSHIPS SUPPORT
2021
$15K
For grant recipient's exempt purposes
2021
$15K
For grant recipient's exempt purposes
2021
$7K
For recipient's exempt purpose
2021
$200K
UNRESTRICTED GENERAL SUPPORT
2020
$11K
For grant recipient's exempt purposes
2020
$8K
EPSILON-ANNUAL SUPPORT
2020
$300
IN SUPPORT OF THE ORGANIZATION'S EDUCATIONAL ACTIVITIES
2020
$100K
UNRESTRICTED GENERAL SUPPORT
2019
$23K
For grant recipient's exempt purposes
2019
$164K
GENERAL USE
2018
$40K
PROGRAM SUPPORT
2018
$6K
For grant recipient's exempt purposes
2018
$185K
GENERAL USE
2017

Funded by

$2.6M from 14 funders · 35 grants · 2017–2024

Indira Foundation

$1.1M · 5 grants · 2017–2023

Morgan Stanley Global Impact Funding Trust Inc

$550K · 4 grants · 2019–2023

Fidelity Investments Charitable Gift Fund

$367K · 7 grants · 2018–2023

Carina Initiatives Inc

$100K · 1 grant · 2022

American Online Giving Foundation Inc

$63K · 5 grants · 2019–2023

Friends of the International

$50K · 1 grant · 2023

National Philanthropic Trust

$50K · 1 grant · 2021

Details

EIN452917981
NTEE codeB80
Subsection03
Ruling date2011-09
Formed2011
Employees0
Volunteers24
PROMYS FOUNDATION — Mission, Financials & Grants Received | Grantivo