Program areas at Promys Foundation
The Promys Foundation was excited to fund $383,660 in mission-related activities in 2022 including supporting need-based financial aid for students at Promys 2022 including the breakout fellow, american mathematical society scholar, mehta fellows, yongren fellow, and jane street fellows. Overall, 39% of students received a total of $148,000 in aid, excluding travel support. The Foundation also supported stipends for teachers and teacher counselors at Promys for teachers and the free Promys pathways summer program for talented students from low-income or underrepresented backgrounds.a total of 76 high school students, 21 undergraduate counselors, and 2 junior counselors participated in Promys 2022 on the campus of boston university. Three advanced seminars were offered in 2022, and the students and counselors were excited that Promys was running in person again, for the first time since the start of the covid-19 pandemic.with the launch of Promys india delayed until 2023, 13 separately funded mehta fellow students from india, nepal and sri lanka participated in boston, as did two mehta fellows from egypt and the philippines.
Grants made by Promys Foundation
Who funds Promys Foundation
Grants from foundations and other nonprofits
Personnel at Promys Foundation
| Name | Title | Compensation | Date of data |
|---|
| Glenn Stevens | Board Member | $0 | 2024-02-01 |
| Henry Cohn | Board | $0 | 2024-02-01 |
| Joshua Greene | Board Member | $0 | 2024-02-01 |
| Wan-Yin Wu | President | $0 | 2024-02-01 |
| Demi Dubois | Treas. / Treas. / Treasurer / Treas. | $0 | 2022-12-31 |
| ...and 1 more key personnel |
Financials for Promys Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $862,506 | $406,246 | 112.3% |
| Program services | $801 | $1,030 | -22.2% |
| Investment income and dividends | $3,765 | $3,381 | 11.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $56 | $28,157 | -99.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $867,128 | $438,814 | 97.6% |
Organizations like Promys Foundation
| Organization | Type | Location | Revenue |
|---|
| Albany State University Foundation | 501(c)(3) | Albany, GA | $1,600,152 |
| Kansas Wesleyan University Foundation | 501(c)(3) | Salina, KS | $2,042,777 |
| Lawrence Schools Foundation | 501(c)(3) | Lawrence, KS | $679,659 |
| Nevada State College Foundation | 501(c)(3) | Henderson, NV | $1,154,378 |
| Lawrence Township School Foundation | 501(c)(3) | Indianapolis, IN | $818,003 |
| Mortar Board National Foundation Fund | 501(c)(3) | Columbus, OH | $326,003 |
| Education Foundation of New Berlin | 501(c)(3) | New Berlin, WI | $273,535 |
| Orono Foundation for Education | 501(c)(3) | Long Lake, MN | $672,144 |
| Newport Public Education Foundation (NPEF) | 501(c)(3) | Newport, RI | $434,926 |
| Western Connecticut State University Foundation | 501(c)(3) | Danbury, CT | $2,875,886 |
Data update history
February 1, 2024
Updated personnel
Identified 3 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 20, 2023
Received grants
Identified 2 new grant, including a grant for $224,041 from Indira Foundation July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsNational levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- PO Box 15502
- Boston, MA 02215
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Suffolk County, MA
- Website URL
- promysfoundation.org/Â
- Phone
- (617) 353-2563
IRS details
- EIN
- 45-2917981
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2011
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B80: Student Services and Organizations of Students
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current - In Process
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0180468
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2024-11-20
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