Promys Foundation
Fundraises to support talented young scientists in mathematics programs. For fiscal year 2024 it reported $541K in revenue, $949K in expenses, and $1.5M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Boston, MA
- Website
- promysfoundation.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Where the work happens
The promys foundation was delighted to fund $905,748 in mission-related activities in 2024 including supporting need-based financial aid for 24 students at promys 2024. Thirteen full scholarships were awarded including the breakout fellowship and jane street fellowships.
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Identity & Classification
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 99% | — | — |
| Overhead ratio | 1% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -45% | — | — |
| Accounting fee ratio | 0.7% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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