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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-20.4% YoY
Annual Giving
$905K
+86.1% YoY
Grant Count
4
-55.6% YoY
Avg Grant Size
$226K
+318.8% YoY
About Promys Foundation
Based on IRS filings
Promys Foundation is a nonprofit organization focused on Education, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $905K. Net investment income was $66K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,548,919 | $1,946,644 | $1,448,389 |
| Revenue | $540,886 | $977,797 | $867,128 |
| Expenses | $948,804 | $493,575 | $404,975 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $65,717 | $27,662 | $3,821 |
| Distributable Amount | — | — | — |
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
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boston University (promys Designation) ($380,000), Promys Inc ($276,141), Boston University (promys Designation) ($128,805).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON UNIVERSITY (PROMYS DESIGNATION) BOSTON, MA | MEHTA FELLOWSHIPS AND PROMYS INDIA SUPPORT | $128,805 |
| BOSTON UNIVERSITY (PROMYS DESIGNATION) BOSTON, MA | $120,000 GRANT TO PROMYS FOR TEACHERS | $120,000 |
| BOSTON UNIVERSITY (PROMYS DESIGNATION) BOSTON, MA | SUPPORT FOR PROMYS STUDENT PROGRAM | $380,000 |
| PROMYS INC BOSTON, MA | SUPPORT PROMYS INC'S MISSION | $276,141 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSHUA GREENE RESIGNED 111025 | TRUSTEE | 1 | — |
| GLENN STEVENS | TREASURER | 1 | — |
| WAN-YIN WU | PRESIDENT | 1 | — |
| MARJORY BARUCH | VICE PRESIDENT 2024 / PRESIDENT ELECT 11 10 25 | 1 | — |
| HENRY COHN | SECRETARY | 1 | — |
| MICHAEL KING | TRUSTEE | 1 | — |
| ILA VARMA | TRUSTEE | 1 | — |
| CAMERON FREER | TRUSTEE | 1 | — |
| CALEB SHOR | TRUSTEE | 1 | — |
| LI-MEI LIM | TRUSTEE | 1 | — |
| AMANDA TUCKER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Promys Foundation?
Promys Foundation is a nonprofit organization focused on Education, based in BOSTON, MA. It holds $1.5M in total assets as of 2024.
How large is Promys Foundation?
As of 2024, Promys Foundation holds $1.5M in total assets with $541K in annual revenue. It awarded 4 grants totaling $905K in 2024.
Where does Promys Foundation operate?
Promys Foundation has awarded grants in Massachusetts.
What size grants does Promys Foundation award?
In 2024, Promys Foundation awarded 4 grants totaling $905K — an average of about $226K per grant, based on its IRS Form 990 filings.
What is Promys Foundation's EIN?
Promys Foundation's EIN (Employer Identification Number) is 45-2917981. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Promys Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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