Promys Foundation logo

Promys Foundation

BOSTON, MA EIN: 45-2917981 Website

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

Ready to take the next step with Promys Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BOSTON

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$269K$538K$807K$1M20202021202220232024
Metric202420232022
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

$0$226K$452K$679K$905K6 grants20204 grants20217 grants20229 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

BOSTON UNIVERSITY (PROMY…$380KPROMYS INC$276KBOSTON UNIVERSITY (PROMY…$129KBOSTON UNIVERSITY (PROMY…$120K

Grant Size Distribution

30 grants across all recorded years

18<$50K7$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
JOSHUA GREENE RESIGNED 111025TRUSTEE1
GLENN STEVENSTREASURER1
WAN-YIN WUPRESIDENT1
MARJORY BARUCHVICE PRESIDENT 2024 / PRESIDENT ELECT 11 10 251
HENRY COHNSECRETARY1
MICHAEL KINGTRUSTEE1
ILA VARMATRUSTEE1
CAMERON FREERTRUSTEE1
CALEB SHORTRUSTEE1
LI-MEI LIMTRUSTEE1
AMANDA TUCKERTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Promys Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities