PROMYS FOUNDATION
AI Summary
The PROMYS Foundation, a 501(c)3 organization, specializes in grantmaking with a total of $904.9K disbursed to three grantees in 2024. This funder operates on a relationship-based engagement model and does not accept unsolicited proposals, making grants exclusively by invitation. Nonprofits interested in connecting with the foundation can explore warm-introduction pathways through Impala's Funder Prospecting.
Mission Statement
PROMYS FOUNDATION EXISTS TO SUPPORT PROMYS (PROGRAM IN MATHEMATICS FOR YOUNG SCIENTISTS). ALL ACTIVITIES OF THE PROMYS FOUNDATION ARE DESIGNED TO SERVE A SINGLE PURPOSE: TO SUPPORT THE NON-PROFIT PROGRAM IN MATHEMATICS FOR YOUNG SCIENTISTS (PROMYS) WHOSE MISSION IS FINDING AND NURTURING TALENT IN MATHEMATICS. THE PROMYS PROGRAM IS A PROGRAM OF BOSTON UNIVERSITY, AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND SECTION 170(B)(I)(A)(II). THE ACTIVITIES OF THE PROMYS FOUNDATION WILL CENTER ON FUNDRAISING WITH THE PRIMARY GOAL BEING TO PROVIDE FUNDS TO PROMYS TO FUND STUDENT SCHOLARSHIPS.
Cause Areas
1
Student services
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See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
Trustees of Boston University
Boston, MA
$2.9M
91%
PROMYS INC
Boston, MA
$276.1K
9%
MATH FOR AMERICA BOSTON INC
Boston, MA
$26K
< 1%
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Frequently Asked Questions
Can I submit an unsolicited grant proposal to PROMYS FOUNDATION?
No. PROMYS FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does PROMYS FOUNDATION give?
PROMYS FOUNDATION primarily gives to organizations located in Massachusetts. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are PROMYS FOUNDATION’s grants?
The largest share of grants from PROMYS FOUNDATION fall in the $250 thousand to $500 thousand range. The median first-year grant is about $26 thousand. More detailed grant size data is available to registered users.
How many grants does PROMYS FOUNDATION make each year?
In 2024, PROMYS FOUNDATION awarded about 4 grants, totaling nearly $905 thousand. More detailed grant metrics are available to registered users.
Who did PROMYS FOUNDATION fund recently?
In 2024, PROMYS FOUNDATION awarded grants to about 3 grantees. Recent grantees include Trustees of Boston University, PROMYS INC, and MATH FOR AMERICA BOSTON INC. More detailed information on all recent recipients is available to registered users.
How do we apply to PROMYS FOUNDATION?
PROMYS FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.