Civic Intelligence

Promys Foundation

990 • Fiscal year 2021 • EIN 45-2917981

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

PO Box 15502Boston, MA 02215

(617) 353-2563

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.02x

Higher debt load relative to revenue than 29% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

92nd percentile

64%

Higher net margin than 92% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

81st percentile

36%

Faster asset growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

8.7%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Flat

$1,024,658

Flat from 2021

Net Assets

Flat

$1,017,596

Flat from 2021

Liabilities

Flat

$7,062

Flat from 2021

Revenue

Flat

$438,814

Flat from 2021

Expenses

Flat

$158,756

Flat from 2021

Net Income

Flat

$280,058

Flat from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2013: $174,038Liabilities 2013: $02013Assets 2014: $381,338Liabilities 2014: $0Net Assets 2014: $381,3382014Assets 2015: $432,471Liabilities 2015: $0Net Assets 2015: $432,4712015Assets 2016: $367,928Liabilities 2016: $0Net Assets 2016: $367,9282016Assets 2017: $455,657Liabilities 2017: $0Net Assets 2017: $455,6572017Assets 2018: $487,163Liabilities 2018: $0Net Assets 2018: $487,1632018Assets 2019: $603,587Liabilities 2019: $0Net Assets 2019: $603,5872019Assets 2020: $755,442Liabilities 2020: $11,407Net Assets 2020: $744,0352020Assets 2021: $1,024,658Liabilities 2021: $7,062Net Assets 2021: $1,017,5962021Assets 2021: $1,024,658Liabilities 2021: $7,062Net Assets 2021: $1,017,5962021Assets 2022: $1,448,389Liabilities 2022: $6,130Net Assets 2022: $1,442,2592022Assets 2023: $1,946,644Liabilities 2023: $0Net Assets 2023: $1,946,6442023Assets 2024: $1,548,919Liabilities 2024: $10,192Net Assets 2024: $1,538,7272024

Highlighted filing

2021

Assets$1,024,658
Liabilities$7,062
Net Assets$1,017,596

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $162,506Expenses 2013: $13,176Net Income 2013: $149,3302013Revenue 2014: $243,237Expenses 2014: $35,937Net Income 2014: $207,3002014Revenue 2015: $199,658Expenses 2015: $146,395Net Income 2015: $53,2632015Revenue 2016: $130,783Expenses 2016: $202,644Net Income 2016: -$71,8612016Revenue 2017: $319,556Expenses 2017: $250,108Net Income 2017: $69,4482017Revenue 2018: $423,852Expenses 2018: $381,327Net Income 2018: $42,5252018Revenue 2019: $435,420Expenses 2019: $348,978Net Income 2019: $86,4422019Revenue 2020: $403,554Expenses 2020: $282,323Net Income 2020: $121,2312020Revenue 2021: $438,814Expenses 2021: $158,756Net Income 2021: $280,0582021Revenue 2021: $438,814Expenses 2021: $158,756Net Income 2021: $280,0582021Revenue 2022: $867,128Expenses 2022: $404,975Net Income 2022: $462,1532022Revenue 2023: $977,797Expenses 2023: $493,575Net Income 2023: $484,2222023Revenue 2024: $540,886Expenses 2024: $948,804Net Income 2024: -$407,9182024

Highlighted filing

2021

Revenue$438,814
Expenses$158,756
Net Income$280,058
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$469,957
Mission and Program Overview

Mission

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.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$151,106$521,781▲ $370,675
Savings and Temporary Cash Investments$419,642$269,775▼ $149,867
Investments Other Securities$184,694$203,102▲ $18,408
Accounts Receivable-$30,000-
Total Assets$755,442$1,024,658▲ $269,216
Liabilities
Accounts Payable and Accrued Expenses$11,407$7,062▼ $4,345
Total Liabilities$11,407$7,062▼ $4,345
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$469,057$631,006▲ $161,949
Net Assets With Donor Restrictions$274,978$386,590▲ $111,612
Total Net Assets Fund Balance$744,035$1,017,596▲ $273,561
Total Liabilities and Net Assets / Fund Balance$755,442$1,024,658▲ $269,216

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$203,102--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$184,694---$184,694
2020$156,826-▲ $27,869-$184,694
2019$158,629-▲ $34,697-$156,826
2018$165,887-▼ $7,258-$158,629
2017$144,154-▲ $21,733-$165,887
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cameron FreerTrustee
Ila VarmaTrustee
Michael KingTrustee
Paul ShermanTrustee
Demi DuboisTreas.(2021/10-2022/11)
Wan-yin WuTtee, Pres(2022/11-present)
Henry CohnTtee, Secy. (2022/11-present)
Henry CohnTtee,pres (2021/10-2022/11)
Amanda Beeson TuckerTtee,pres(2020/09-2021/10)
Henry CohnTtee,secy.(2020/01-2021/09
Joshua GreeneTtee,secy.(2021/10-2022/11)
Li-mei LimTtee,treas.(2020/09-2021/10)
Glenn StevensTtee,treas.(2022/11-present)
Marjory BaruchTtee,VP(2022/11-present)
Arjun KhandelwalTtee. (2021/10-2022/09)
Caleb ShorTtee. (2021/10-present)
Revenue and Support

Revenue Composition

Contributions and Grants
$406,246
Program Service Revenue
$1,030
Investment Income
$31,538
Other Revenue
$0
All Other Contributions
$406,246
Change in Net Assets
$280,058

Audited Revenue Reconciliation

Revenue per Audited Statements
$438,814
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-6,497
Total Revenue per Audited Statements
$432,317
Total Revenue per Form 990
$438,814
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$143,707
Other Expenses$15,049
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$143,707--$143,707
Fees for Services Management-$9,017-$9,017
Fees for Services Accounting-$5,700-$5,700
Fees for Services Other-$332-$332
Total Functional Expenses$143,707$15,049$0$158,756

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$158,756
Total Expenses per Audited Statements$158,756
Total Expenses per Form 990$158,756
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boston University (promys Designation)Boston, MA501c3Support for Mehta Fellowships in 2021 and Preparations for Promys India$35,000
Boston University (promys Designation)Boston, MA501c3Support for Jane Street Fellowships for 2 Beam Students and 2 Counselors$13,000
Boston University (promys Designation)Boston, MA501c3For Need-based Financial Aid for Students at Promys 2021$11,400
Boston University (promys Designation)Boston, MA501c3Support for Breakout Fellowship, Yongren Fellowship, Ams Scholarship and Need-based Financial Aid$10,100
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The foundation's officers review and approve the form 990 before submission.

Form 990, Part VI, Section B, Line 12C

Annually, each trustee is expected to report conflict of interests to the board of trustees.

Form 990, Part VI, Section C, Line 19

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.

Filing and Contact Details

Filer

Filer Name
Promys Foundation
EIN
45-2917981
Phone
6173532563
Address
PO BOX 15502, BOSTON, MA 02215

Signing Officer

Name
Glenn Stevens
Title
Treasurer
Phone
6173532563
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Stevens
Formed
2011
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
24

Preparer

Firm
Jesson Oslin & Associates Llp
Address
480 ADAMS STREET, MILTON, MA 02186
Preparer
James L Oslin CPA
Phone
6176983950
Supplemental Narrative

Additional Explanations

Schedule O Additional Information

1.in may 2021, the 2021 breakout fellowship to promys, the 7th year of the fellowship, was awarded to andy zheng of chicago, illinois. 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. 2. The tara and jasubhai mehta fellowships to promys are for mathematically talented low-income students in india and other low-gdp countries and are funded by nicholas nash & phalgun raju, avi & sandra nash, the indira foundation and morph.org, the mehta fellowship sponsors. Each mehta fellowship covers all costs for participation in promys (including room and board plus travel when the program is run in person). The mehta fellowships were established in 2015 as a pilot program for a planned new promys program for students in india. Due to the global pandemic, the launch of the promys india was postponed, and the mehta fellowships for students in india were extended through 2021 and then 2022. Promys india is now scheduled to launch in may 2023 at the indian institute of science (iisc) bangalore. Promys was delighted to welcome twenty-six mehta fellows to the online promys 2021 program: ten first-year mehta fellows, seven returning mehta fellows, and nine mehta counselors. 3.for a second summer, the covid-19 pandemic forced promys for teachers (pft) to run in a virtual format during 2021. Promys ran 3.5 weeks of morning math based on the park city mathematics institute (pcmi) curriculum, famous functions in number theory. Thirty-one teachers took part, including 12 returning pft alumni and 19 first-time participants. The online format allowed for teachers from across the usa and globe to participate, representing five states and five countries. Two returning teachers also enrolled in a five-week curriculum design independent study, earning four graduate credits from the bu wheelock college of education & human development. During the 2020-2021 school year, promys teachers were invited to attend six virtual half-day workshops offered in conjunction with the education development center (edc) in waltham. These seminars are designed to help teachers "unpack" the pedagogical approaches used in promys to enrich the mathematical experience in their own classrooms. Another important goal of the workshops is to establish an ongoing professional network of teachers, mathematics educators, and research mathematicians. Pft is exceptional in immersing secondary teachers in rigorous exploratory mathematics and for being offered free to teachers. 4.thanks to the generosity and vision of a family foundation, the yongren fellowships to promys were established in 2017 to enable mathematically talented low-income students in china to participate in promys at no cost to their families. The 2021 yongren fellow was yiming ding. Yiming was a rising high school senior from beijing, china who now attends the university of pennsylvania. 5.promys is grateful to the american mathematical society (ams) epsilon fund for its support for promys 2021 including for need-based financial aid. As part of this award, the student twyla colburn was awarded the ky and yu-fen fan scholarship. 6.promys is very grateful to jane street for its generous support for promys 2021 including for funding two jane street fellowships for students from beam (bridge to enter advanced mathematics) and two jane street fellows

Financial Statement Notes

PART V, LINE 4:

The breakout fellowships term endowment fund will be used to provide full scholarship to promys for a mathematically talented student who might not otherwise be able to attend.

Part IV Line 11F Uncertain Tax Positions

The foundation is exempt from federal and state income taxes under internal revenue code 501(c)(3), except to the extent that it has taxable income from businesses that are not related to its exempt purpose. Unrelated business income that greater than $1,000 would be taxed at the applicable corporate tax rate. The foundation did not have any unrelated business income during the year ended december 31, 2021, accordingly, no provision for income taxes has been made in the financial statements. The foundation is not currently under examination by any taxing jurisdiction. Federal and taxing authorities no longer have the right to examine tax years prior to 2018. For the year ended december 31, 2021, there were no interest or penalties associated with tax positions recorded in the accompanying financial statements.

Raw XML AppendixShowing 400 of 538 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011407
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07062
IRS990/AccountsReceivableGrp/EOYAmt030000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMYS 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.
IRS990/AllOtherContributionsAmt0406246
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0GLENN STEVENS TREASURER
IRS990/BooksInCareOfDetail/PhoneNum06173532563
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 15502
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002215
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0151106
IRS990/CashNonInterestBearingGrp/EOYAmt0521781
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0406246
IRS990/CYGrantsAndSimilarPaidAmt0143707
IRS990/CYInvestmentIncomeAmt031538
IRS990/CYOtherExpensesAmt015049
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01030
IRS990/CYRevenuesLessExpensesAmt0280058
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0158756
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0438814
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE PROMYS FOUNDATION WAS DELIGHTED TO FUND $143,743 IN MISSION-RELATED ACTIVITIES IN 2021. $72,993 SUPPORTED NEED-BASED FINANCIAL AID FOR STUDENTS AT PROMYS 2021 AND THE BREAKOUT FELLOW, AMS SCHOLAR, MEHTA FELLOWS, YONGREN FELLOW & JANE STREET FELLOWS.A TOTAL OF 79 HIGH SCHOOL STUDENTS AND 26 UNDERGRADUATE COUNSELORS PARTICIPATED IN PROMYS 2021. APPROXIMATELY 45% OF STUDENTS RECEIVED NEED-BASED FINANCIAL AID (AND TECH SUPPORT IF NEEDED) INCLUDING 26 FULL SCHOLARSHIPS. RUN ONLINE DUE TO COVID-19, PROMYS 2021 RAN AS CLOSE TO THE IN-PERSON PROGRAM AS POSSIBLE WITH DAILY NUMBER THEORY LECTURES, 3 ADVANCED SEMINARS, MENTORED RESEARCH, EXPLORATION LABS, COUNSELOR TALKS, AND GUEST LECTURES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0274978
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0386590
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0143707
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05700
IRS990/FeesForServicesAccountingGrp/TotalAmt05700
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt09017
IRS990/FeesForServicesManagementGrp/TotalAmt09017
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0332
IRS990/FeesForServicesOtherGrp/TotalAmt0332
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSHUA GREENE
IRS990/Form990PartVIISectionAGrp/PersonNm1GLENN STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm2WAN-YIN WU
IRS990/Form990PartVIISectionAGrp/PersonNm3MARJORY BARUCH
IRS990/Form990PartVIISectionAGrp/PersonNm4AMANDA BEESON TUCKER
IRS990/Form990PartVIISectionAGrp/PersonNm5HENRY COHN
IRS990/Form990PartVIISectionAGrp/PersonNm6HENRY COHN
IRS990/Form990PartVIISectionAGrp/PersonNm7HENRY COHN
IRS990/Form990PartVIISectionAGrp/PersonNm8LI-MEI LIM
IRS990/Form990PartVIISectionAGrp/PersonNm9DEMI DUBOIS
IRS990/Form990PartVIISectionAGrp/PersonNm10PAUL SHERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL KING
IRS990/Form990PartVIISectionAGrp/PersonNm12ILA VARMA
IRS990/Form990PartVIISectionAGrp/PersonNm13CAMERON FREER
IRS990/Form990PartVIISectionAGrp/PersonNm14ARJUN KHANDELWAL
IRS990/Form990PartVIISectionAGrp/PersonNm15CALEB SHOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0TTEE,SECY.(2021/10-2022/11)
IRS990/Form990PartVIISectionAGrp/TitleTxt1TTEE,TREAS.(2022/11-PRESENT)
IRS990/Form990PartVIISectionAGrp/TitleTxt2TTEE, PRES(2022/11-PRESENT)
IRS990/Form990PartVIISectionAGrp/TitleTxt3TTEE,VP(2022/11-PRESENT)
IRS990/Form990PartVIISectionAGrp/TitleTxt4TTEE,PRES(2020/09-2021/10)
IRS990/Form990PartVIISectionAGrp/TitleTxt5TTEE,SECY.(2020/01-2021/09
IRS990/Form990PartVIISectionAGrp/TitleTxt6TTEE, SECY. (2022/11-PRESENT)
IRS990/Form990PartVIISectionAGrp/TitleTxt7TTEE,PRES (2021/10-2022/11)
IRS990/Form990PartVIISectionAGrp/TitleTxt8TTEE,TREAS.(2020/09-2021/10)
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREAS.(2021/10-2022/11)
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TTEE. (2021/10-2022/09)
IRS990/Form990PartVIISectionAGrp/TitleTxt15TTEE. (2021/10-PRESENT)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt028157
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0143707
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0143707
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0143707
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt059300
IRS990/GrossReceiptsAmt0469957
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03381
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03381
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0184694
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0203102
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt031143
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ALL 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0744035
IRS990/NetAssetsOrFundBalancesEOYAmt01017596
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt028157
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt028157
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-6497
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0469057
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0631006
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GLENN STEVENS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM T SHIRT SALE P
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01030
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0397568
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0265113
IRS990/PYInvestmentIncomeAmt05806
IRS990/PYOtherExpensesAmt017210
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0180
IRS990/PYRevenuesLessExpensesAmt0121231
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0282323
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0403554
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0280058
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0419642
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0269775
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt024030
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt012000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt048955
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0114665
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0114450
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0314100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0252044
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0288311
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0251524
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0316889
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0195604
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01304372
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt031538
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05806
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09451
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05838
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03452
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt056085
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01030
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0180
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010069
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012904
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt031538
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05806
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09451
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05838
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03452
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt056085
IRS990ScheduleA/InvestmentIncomeCYPct00.04080
IRS990ScheduleA/InvestmentIncomePYPct00.02270
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.60840
IRS990ScheduleA/PublicSupportPY509Pct00.52820
IRS990ScheduleA/PublicSupportTotal509Amt0835543
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt024030
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt012000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt053955
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0257298
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0134450
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0481733
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0142633
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0167633
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0253074
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0288491
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0261593
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0318014
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0196104
IRS990ScheduleA/Total509Grp/TotalAmt01317276
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0284612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0294297
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0271044
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0323852
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0199556
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01373361
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0184694
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0184694
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0156826
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0184694
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027869
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0158629
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0156826
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-36500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt034697
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0165887
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0158629
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-7258
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0144154
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0165887
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt021733
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0158756
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-6497
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0203102
IRS990ScheduleD/OtherSecuritiesGrp/Desc0VANGUARD - BREAKOUT FELLOWSHIPS TERM ENDOWMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-6497
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0438814
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BREAKOUT FELLOWSHIPS TERM ENDOWMENT FUND WILL BE USED TO PROVIDE FULL SCHOLARSHIP TO PROMYS FOR A MATHEMATICALLY TALENTED STUDENT WHO MIGHT NOT OTHERWISE BE ABLE TO ATTEND.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(3), EXCEPT TO THE EXTENT THAT IT HAS TAXABLE INCOME FROM BUSINESSES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. UNRELATED BUSINESS INCOME THAT GREATER THAN $1,000 WOULD BE TAXED AT THE APPLICABLE CORPORATE TAX RATE. THE FOUNDATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME DURING THE YEAR ENDED DECEMBER 31, 2021, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND TAXING AUTHORITIES NO LONGER HAVE THE RIGHT TO EXAMINE TAX YEARS PRIOR TO 2018. FOR THE YEAR ENDED DECEMBER 31, 2021, THERE WERE NO INTEREST OR PENALTIES ASSOCIATED WITH TAX POSITIONS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART IV LINE 11F UNCERTAIN TAX POSITIONS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0203102
IRS990ScheduleD/TotalExpensesPerForm990Amt0158756
IRS990ScheduleD/TotalRevenuePerForm990Amt0438814
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0432317
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0158756
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010100
IRS990ScheduleI/RecipientTable/CashGrantAmt135000
IRS990ScheduleI/RecipientTable/CashGrantAmt211400
IRS990ScheduleI/RecipientTable/CashGrantAmt313000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.01$1.54$0.54$0.95$0.41
2023Summary only. Only limited summary data is available for this year.$1.95$0.00$1.95$0.98$0.49$0.48
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.01$1.44$0.87$0.40$0.46
2021Detailed filing. Detailed filing data is available for this year.$1.02$0.01$1.02$0.44$0.16$0.28
2021Summary only. Only limited summary data is available for this year.$1.02$0.01$1.02$0.44$0.16$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.01$0.74$0.40$0.28$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.00$0.60$0.44$0.35$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$0.42$0.38$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$0.32$0.25$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$0.13$0.20$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.20$0.15$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.24$0.04$0.21
2013Summary only. Only limited summary data is available for this year.$0.17$0.00$0.16$0.01$0.15