Public Charity

PROMYS FOUNDATION

PROMYS FOUNDATION is a Public Charity headquartered in BOSTON, MA. Financial data from the 2024 filing: $541K revenue, $949K expenses, $1.5M total assets. 29 publicly reported grants to this organization, totaling roughly $1.4M, appear in IRS filings.

EIN: 452917981 BOSTON, MA Latest filing: 2024
Total Revenue$541K
Total Expenses$949K
Total Assets$1.5M
Grant Records29
Funding Total$1.4M
Filing Years2019–2024

Mission

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.

Sample Grants Received

2024
For grant recipient's exempt purposes
$66,520
$13,250
2023
For grant recipient's exempt purposes
$242,750
2023
UNRESTRICTED GENERAL SUPPORT
$125,000
$12,425

Showing up to 5 of 29 total records — full history available with membership.

Officers & Directors

TRUSTEE Amanda Tucker
TRUSTEE Caleb Shor
TRUSTEE Cameron Freer
TREASURER Glenn Stevens
SECRETARY Henry Cohn
TRUSTEE Ila Varma

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED GENERAL SUPPORT
$750,000 6 grants
For grant recipient's exempt purposes
$433,588 8 grants
EDUCATION
$73,750 3 grants
GENERAL SUPPORT
$62,685 5 grants
EPSILON-ANNUAL SUPPORT
$27,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $541K $949K $1.5M
2023 $978K $494K $1.9M
2022 $867K $405K $1.4M
2020 $404K $282K $755K
2019 $435K $349K $604K

Between 2019 and 2024, reported annual revenue grew from $435K to $541K (+24%), with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

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