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
99 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.
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The promys foundation was delighted to fund $486,226 in mission-related activities in 2023 including supporting need-based financial aid for 20 students at promys 2023. Twelve full scholarships were awarded including the breakout fellowship, jane street fellowships, and two separately funded mehta fellowships for students from brazil and…
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.3M | $1.8M |
| InvestmentsLn 11–13 | $169K | $175K |
| Total assetsLn 16 | $1.5M | $1.9M |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $1.5M | $1.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $486K | $486K | ||
| Accounting feesLn 11c | $6K | $6K | ||
| Other expenses (24a–d)Ln 24 | $1K | $1K | ||
| Total functional expensesLn 25 | $494K | $486K | $7K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $541K | $949K | −$408K | $1.5M | 990 PDF |
| FY2023 Viewing | $978K | $494K | $484K | $1.9M | 990 PDF |
| FY2022 | $867K | $405K | $462K | $1.4M | 990 PDF |
| FY2021 | $439K | $159K | $280K | $1.0M | 990 PDF |
| FY2020 | $404K | $282K | $121K | $744K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $977,797 across 5 lines filed
Part IX · Statement of functional expenses $493,575 across 3 lines filed
Part X · Balance sheet $1,946,644 assets, 10 lines filed
Part XI · Reconciliation of net assets $1,946,644 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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