Promys Foundation

“Board of trustees review and approve the form 990 before submission.”

“Disclosure statements are required to submitted annually by each trustee. The board of trustees appoints a trustee to review these submissions and provide a report to the board.”

“The foundation makes its form 1023, form 990 and its organizational documents available for public inspection upon request and via the massachusetts public charity website.”

“Breakout fellowships term endowment (temporarily restricted contributions) - terence tao, richard taylor, and jacob lurie, recipients of the inaugural breakthrough prizes in mathematics, very generously created the breakout fellowship to promys. The breakout fellowship is a full scholarship to promys for a mathematically talented student who might not otherwise be able to attend. With the goal of creating a fully funded breakout fellowship to promys endowment, the promys alum community was invited in december 2014 to match the very generous donation of the breakthrough mathematicians. Thanks to the generosity and vision of all the donors, this endowment goal was reached in march 2015. The future of the breakout fellowships to promys is now assured: there will be a breakout fellow in every promys cohort from this year on. The promys foundation awarded the inaugural breakout fellowship to promys to kushagr mohan ahuja in may 2015. The promys foundation is delighted to announce the 2nd breakout fellowship to promys was awarded to barry xu of alameda, california in may 2016. The tara and jasubhai mehta fellowships to promys are for mathematically talented low-income students in india and are funded by nicholas nash, the indira foundation and morph.org, the mehta fellowship sponsors. Each mehta fellowship covers all tuition and room and board costs for attending the six weeks of promys at boston university. The fellowships also cover round-trip airfare from india and the cost of any required books. Promys is excited to announce the awarding of four 2016 tara and jasubhai mehta fellowships to promys for mathematically talented low-income students from india. In addition, the two 2015 mehta fellows are returning to 5 promys this summer: shubham aggarwal as a returning fellow and sabir shaik, now completing his freshman year at the chennai mathematical institute, as a junior counselor. The four new mehta fellows to promys 2016 are arya vadnere from pune in maharashtra; adit vishnu pathirissery manoj from thrissur in kerala; neelima borade, also from pune in maharashtra; and soumen ghosh from katwa in west bengal. The fellows were selected from the very strong applicant pool and were interviewed by alums dr. Abhinav kumar and dr. Ila varma (harvard). The participation of these six students, all exceptionally talented in mathematics, is thanks to the generosity of the mehta fellowship sponsors. The trustee scholarships are full scholarships to promys awarded by the promys foundation thanks to the generosity of the promys alum community. The promys foundation was delighted to fund a full trustee scholarships to promys in 2016. The scholarship was awarded to a talented student returning for his third summer at promys.”