Massachusetts · Public charity
Promys Foundation
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…
- $906k
- Granted FY2024(still arriving)
- 4
- Grants FY2024
- 1
- Organizations funded FY2023
- 0%
- First-time grantees FY2023
- Median grant, FY2024
- $276,141
- Largest grant, FY2024
- $380,000
- Organizations funded a year
- 1 to 1
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $1.5M
How open it is to new grantees
In FY2023, 0% of the organizations Promys Foundation funded were first-time grantees, receiving 0% of its grant dollars.
New vs renewed · share of each year
In FY2023, 100% of grant dollars renewed an existing relationship; $0 went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 2 | $905k | 50% |
| FY2023 | 1 | $486k | 0% |
| FY2022 | 1 | $280k | 0% |
| FY2021 | 1 | $70k | 0% |
| FY2020 | 1 | $178k | 0% |
| FY2019 | 1 | $306k | 0% |
| FY2018 | 1 | $364k | 0% |
| FY2017 | 1 | $237k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Trustees of Boston University | $2,548,692 | 8 | 0% |
| Promys Inc | $276,141 | 1 | 100% |
About Promys Foundation
- How much does Promys Foundation give?
- Promys Foundation reported 4 grants totaling $905,748 in its FY2024 IRS filing. It funded between 1 and 1 organizations a year over FY2017 to FY2023.
- What does Promys Foundation fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Education (98%), Science & Tech (2%).
- Who are Promys Foundation's largest grantees?
- By total granted over FY2017 to FY2024: Trustees of Boston University ($2.5M), Promys Inc ($276k).
- Does Promys Foundation fund new organizations?
- In FY2023, 0% of the organizations it funded were first-time grantees.
- Where is Promys Foundation based?
- Promys Foundation is based in MA.
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