Polynate Foundation
Polynate Foundation is a private foundation, based in Newtonville, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $19.1M in total assets. In 2025, it awarded 3 grants totaling $6.6M. Net investment income was $1.3M.
Key facts about Polynate Foundation
In short: Polynate Foundation gave $6.6M across 3 grants in 2025 (avg $2.2M), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- EIN
- 27-6958071
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $6,633,000
- Grants made (2025)
- 3
- Average grant
- $2,211,000
- Median grant
- $350,000
- Total assets
- $19,065,089
- Primary geography
- Ohio (92% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$19.1M
-7.7% YoY
Annual Giving
$6.6M
+188.3% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$2.2M
+284.4% YoY
Under IRS private-foundation payout rules, Polynate Foundation reported a distributable amount of $2.2M for 2025 — the minimum it must pay out in qualifying distributions.
How Polynate Foundation gives
- Giving grew 374% from 2022 to 2025. Method
- In 2025 it paid out 305% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $800K (2020) to $6.6M (2025). In 2025 it made 3 grants totaling $6.6M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Fidelity Charitable ($6.1M). Together the top 3 received $6.6M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 10 (40%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Cincinnati, OH | Community Good | $6,133,000 |
| National Math Camps Lincolnshire, IL | Community Good | $350,000 |
| Promys Inc Boston, MA | Community Good | $150,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $19,065,089 | $20,650,528 | $21,103,603 |
| Revenue | $5,294,838 | $1,897,101 | $1,452,023 |
| Expenses | $6,880,277 | $2,350,176 | $1,890,428 |
| Qualifying Distributions | $6,834,684 | $2,322,728 | $1,867,656 |
| Net Investment Income | $1,308,540 | $1,891,751 | $1,429,251 |
| Distributable Amount | $2,237,605 | $2,057,104 | $1,964,380 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Polynate Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lynn Hsu
Trustee
On filings since 2020
0 hrs/week
No compensation reported
Paul Sherman
Trustee
On filings since 2020
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Polynate Foundation
How much does Polynate Foundation give each year?
Polynate Foundation gave $6.6M across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.3M across 4 grants.
What is Polynate Foundation's typical grant size?
Polynate Foundation's median grant in 2025 was $350,000, and its average grant was $2,211,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does Polynate Foundation give grants?
Polynate Foundation gives mostly in Ohio: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Illinois (5%).
Does Polynate Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Polynate Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Good" (3 grants).
How large is Polynate Foundation?
Polynate Foundation reported $19.1M in total assets on its 2025 IRS Form 990-PF. It paid out $6.8M in qualifying distributions that year, against a required minimum of $2.2M (roughly 5% of its investment assets).
What is Polynate Foundation's EIN?
Polynate Foundation's EIN (Employer Identification Number) is 27-6958071. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Polynate Foundation by hand.
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