PTRD Foundation Inc
PTRD Foundation Inc is a private foundation, based in Mattapoisett, MA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $908K in total assets. In 2025, it awarded 4 grants totaling $40K. Net investment income was $84K.
PTRD Foundation Inc at a glance
In short: PTRD Foundation Inc gave $40K across 4 grants in 2025 (avg $10K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $40,000
- +8.1% vs 2024
- Grants made (2025)
- 4
- +33.3% vs 2024
- Average grant
- $10,000
- -18.9% vs 2024
- Median grant
- $10,000
- Total assets
- $907,581
- -2.5% vs 2024
- Primary geography
- Massachusetts (63% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who PTRD Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Massachusetts Institute of Technology ($20K across 2 grants). Together the top 2 received $25K.
Organizations only. It also paid 1 grant to individuals ($15,000), which are not listed by name.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How PTRD Foundation Inc gives
- In 2025 it paid out 115% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $37K (2024) to $40K (2025). In 2025 it made 4 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $15,000 |
| Massachusetts Institute of Technology Cambridge, MA | The foundation gave a grant in the amount of $10,000 to the mit misti program, which makes it possible for mit students to experience the world while advancing knowledge, tackling tough challenges, and preparing for lives of impact, service, and leadership in an interconnected global society. | $10,000 |
| Massachusetts Institute of Technology Cambridge, MA | The foundation gave a grant in the amount of $10,000 to the mit superurop program (an advanced undergraduate research opportunities program). This program is a two-semester supervised project, which takes undergraduates through the complete research cycle, from selecting a topic and designing their experiment to writing a technical paper and presenting their results at conferences. Over one thousand undergraduates have already gained valuable research experience through superurop, helping them make informed decisions about graduate school, stem careers, and more. | $10,000 |
| Harvard University Himawan Graduate Aid Fund Boston, MA | The foundation gave a grant in the amount of $5,000 to the harvard university-charles and ing himawan graduate aid fund. The grant will be used to provide financial support to deserving doctoral students. The grant will enable the faculty of art and sciences to continue to attract, enroll and support the brightest and most talented graduate students, who play key roles in research and undergraduate education at harvard. | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $907,581 | $66,784 | $51,942 | $40,000 | 4 | $50,742 | $84,376 | $44,121 |
| 2024 | $931,022 | $24,020 | $44,189 | $37,000 | 3 | $43,471 | $23,302 | $45,816 |
| 2023 | $927,714 | $917,216 | $175 | — | — | — | $44,150 | $14,260 |
Under IRS private-foundation payout rules, PTRD Foundation Inc reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
PTRD Foundation Inc is led by Jeff Himawan, President & Director on every filing since 2023; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeff Himawan
President & Director
On filings since 2023
7 hrs/week
No compensation reported
Adela Wee
Secretary & Director
On filings since 2023
1 hr/week
No compensation reported
Joice Himawan
Treasurer & Director
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "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 PTRD Foundation Inc
How much does PTRD Foundation Inc give each year?
PTRD Foundation Inc gave $40K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $37K across 3 grants.
What is PTRD Foundation Inc's typical grant size?
PTRD Foundation Inc's median grant in 2025 was $10,000, and its average grant was $10,000, across 4 grants on its 2025 IRS Form 990-PF.
Where does PTRD Foundation Inc give grants?
PTRD Foundation Inc gives mostly in Massachusetts: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cambridge, MA (2 grants).
Does PTRD Foundation Inc give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on PTRD Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is PTRD Foundation Inc?
PTRD Foundation Inc reported $908K in total assets on its 2025 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets).
What is PTRD Foundation Inc's EIN?
PTRD Foundation Inc's EIN (Employer Identification Number) is 92-3646531. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 25, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 28, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 16, 2026)
- IRS filings on file for fiscal years 2023–2025
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