Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2011.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
94 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Fundraises to support talented young scientists in mathematics programs.
Questions for Promys Foundation
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The promys foundation was delighted to fund $265,113 in mission-related expenses in 2020. $151,867 supported need-based financial aid for students including the breakout fellow, mehta fellows, yongren fellow, and american mathematical society scholar and the planned launch of promys india; $88,246 supported teacher tuition and counselor…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $447K | $571K |
| InvestmentsLn 11–13 | $157K | $185K |
| Total assetsLn 16 | $604K | $755K |
| LiabilitiesLn 26 | $0 | $11K |
| Net assetsLn 32 | $604K | $744K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $265K | $265K | ||
| Management feesLn 11a | $11K | $11K | ||
| Accounting feesLn 11c | $6K | $6K | ||
| Other fees for servicesLn 11g | $146 | $146 | ||
| Total functional expensesLn 25 | $282K | $265K | $17K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $541K | $949K | −$408K | $1.5M | 990 PDF |
| FY2023 | $978K | $494K | $484K | $1.9M | 990 PDF |
| FY2022 | $867K | $405K | $462K | $1.4M | 990 PDF |
| FY2021 | $439K | $159K | $280K | $1.0M | 990 PDF |
| FY2020 Viewing | $404K | $282K | $121K | $744K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $403,554 revenue, 12 lines filed
Part VI · Governance 11 of 11 board members independent, 3 to look at
Part VIII · Statement of revenue $403,554 across 5 lines filed
Part IX · Statement of functional expenses $282,323 across 4 lines filed
Part X · Balance sheet $755,442 assets, 10 lines filed
Part XI · Reconciliation of net assets $744,035 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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