PTC Foundation Inc is a corporate foundation based in Boston, Massachusetts, established in 2018 as the philanthropic arm of PTC (NASDAQ: PTC). The Foundation formalizes and expands PTC's three decades of corporate philanthropy by providing grants and in-kind software to nonprofit organizations while empowering employees to support causes they care about.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$9K
-7.4% YoY
Annual Giving
$360K
+18.0% YoY
Grant Count
8
-52.9% YoY
Avg Grant Size
$45K
+150.8% YoY
Under IRS private-foundation payout rules, Ptc Foundation Inc reported a distributable amount of $396 for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Foundation's mission is to support programs in education and community efforts, rooted in PTC's commitment to help "Create a Better Reality." The Foundation focuses on three core pillars:
- STEM Education: Investing in future generations of workers, leaders, and innovators through partnerships with organizations focused on advanced mathematics, engineering education, and robotics
- Community Support: Funding organizations that address community needs and social equity
- Environmental Sustainability: Supporting environmental conservation and sustainability initiatives
Grantmaking
The Foundation distributes grants through multiple mechanisms:
Grant Range
s
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Geographic Focus
Where this funder awards grants
The Foundation funds organizations globally, with documented grantmaking in Massachusetts, California, and Ohio.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount | Year |
|---|---|---|
| Total Assets | $9,350 | 2024 |
| Total Revenues | $310,000 | 2024 |
| Total Expenses | $310,250 | 2024 |
| Total Giving | $305,000 | 2024 |
| Number of Employees | 0 | 2024 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $8,660 | $9,350 | $9,600 |
| Revenue | $365,000 | $310,000 | $320,000 |
| Expenses | $365,690 | $310,250 | $357,322 |
| Qualifying Distributions | $365,690 | $310,250 | $337,322 |
| Net Investment Income | — | — | — |
| Distributable Amount | $396 | $2,068 | $8,118 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include First Manchester ($150,000), Medecins Sans Frontiers Usa Inc (doctors Without Borders) ($50,000), Sae International ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ENGINEERING FOR US ALL COLLEGE PARK, MD | TO INTRODUCE ENGINEERING DESIGN PRINCIPLES TO A NEW GENERATION OF STUDENTS | $25,000 |
| FIRST MANCHESTER MANCHESTER, NH | TO SUPOPORT A STEM CAUSE FOCUSED ON EMPOWERING THE ENGINEERS AND INNOVATORS OF TOMORROW | $150,000 |
| MASSACHUSETTS SCIENCE & ENGINEERING FAIR CAMBRIDGE, MA | TO EMPOWER STUDENTS TO ASK TOUGH QUESTIONS AND PROBLEM SOLVE USING SCIENCE + ENGINEERING PRACTICES | $25,000 |
| MEDECINS SANS FRONTIERS USA INC (DOCTORS WITHOUT BORDERS) NEW YORK, NY | TO BRING MEDICAL HUMANITARIAN ASSISTANCE TO VICTIMS OF CONFLICT, NATURAL DISASTERS, EPIDEMICS AND HEALTH CARE EXCLUSION | $50,000 |
| PAN MASS CHALLENGE NEEDHAM, MA | TO FUND CANCER-FIGHTING RESULTS, IN HONOR OF MANY PTC EMPLOYEES WHO PASSED AWAY | $10,000 |
| SAE INTERNATIONAL WARRENDALE, PA | TO SUPPORT ADVANCING MOBILITY KNOWLEDGE AND SOLUTIONS FOR THE BENEFIT OF HUMANITY | $50,000 |
| THE CALCULUS PROJECT BRAINTREE, MA | TO SUPPORT STRATEGIES TO INCREASE THE REPRESENTATION AND SUCCESS OF BLACK, HISPANIC, INDIGENOUS PEOPLE OF COLOR AND LOW-INCOME STUDENTS IN ADVANCED MATHEMATICS | $25,000 |
| UP EDUCATION NETWORK DORCHESTER, MA | TO SUPPORT EXCEPTIONAL SCHOOLS FOR STUDENTS WHO ARE SYSTEMICALLY FURTHEST FROM OPPORTUNITY | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Aaron von Staats - General Counsel of PTC and Board Member of the PTC Foundation
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AARON VON STAATS | TRUSTEE/DIRECTOR/PRESIDENT | 2 | — |
| TOM O'DONNELL | TREASURER | 2 | — |
| DAVID KATZMAN | TRUSTEE/DIRECTOR | 1 | — |
| ABBY EON | TRUSTEE/DIRECTOR | 1 | — |
| MUNMUN MALIK | TRUSTEE/DIRECTOR | 1 | — |
| NICOLE DWYER | CLERK | 2 | — |
Recent News & Activity
Recent developments and announcements
**FY25 Grantees** include organizations focused on:
Advanced mathematics education (The Calculus Project)
Engineering education accessibility (Engineering for Us All)
Robotics and STEM (FIRST Robotics)
The Foundation continues to expand its impact through employee engagement, with over 70 employees nominating nonprofits for impact grants in FY24. The Foundation operates as a 501(c)(3) organization with an IRS ruling year of 2019.
Ponce De Leon Foundation Awarded Grants in the Amount of $635,000 to Nonprofits\Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Ptc Foundation Inc fund?
The Foundation's mission is to support programs in education and community efforts, rooted in PTC's commitment to help "Create a Better Reality." The Foundation focuses on three core pillars: • **STEM Education**: Investing in future generations of workers, leaders, and innovators through partnerships with organizations focused on advanced mathematics, engineering education, and robotics • **Community Support**: Funding organizations that address community needs and social equity • **Environmen…
How do I apply for a grant from Ptc Foundation Inc?
The Foundation distributes grants through multiple mechanisms: • **Strategic Grants**: Multi-year partnerships with established organizations • **Employee Resource Group Impact Grants**: Nominations from employee resource groups aligned with their missions • **Employee-Nominated Impact Grants**: Open nominations from employees across the organization **FY24**: Total philanthropic grantmaking of $655,000 across 29 organizations globally, including: • 5 strategic grants • 13 employee-nominated im…
Where does Ptc Foundation Inc make grants?
The Foundation funds organizations globally, with documented grantmaking in Massachusetts, California, and Ohio.
What size grants does Ptc Foundation Inc award?
In 2025, Ptc Foundation Inc awarded 8 grants totaling $360K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is Ptc Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Ptc Foundation Inc reported a distributable amount of $396 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ptc Foundation Inc's EIN?
Ptc Foundation Inc's EIN (Employer Identification Number) is 82-5383610. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Ptc Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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