Polynate Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTONVILLE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.7M in total assets. In 2024, it awarded 4 grants totaling $2.3M. Net investment income was $1.9M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.7M
-2.1% YoY
Annual Giving
$2.3M
+24.4% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$575K
-68.9% YoY
About Polynate Foundation
Based on IRS filings
Polynate Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTONVILLE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.7M in total assets. In 2024, it awarded 4 grants totaling $2.3M. Net investment income was $1.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,650,528 | $21,103,603 | $21,542,008 |
| Revenue | $1,897,101 | $1,452,023 | $297,792 |
| Expenses | $2,350,176 | $1,890,428 | $1,458,713 |
| Qualifying Distributions | $2,322,728 | $1,867,656 | $1,659,315 |
| Net Investment Income | $1,891,751 | $1,429,251 | $285,798 |
| Distributable Amount | $2,057,104 | $1,964,380 | $1,898,773 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL SHERMAN | TRUSTEE | 10 | — |
| LYNN HSU | TRUSTEE | 0.01 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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