Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
Liabilities / Revenue
24th percentile
Higher debt load relative to revenue than 24% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Assets
Up$1,448,389
Up $423,731 (+41%) from 2021
Net Assets
Up$1,442,259
Up $424,663 (+42%) from 2021
Liabilities
Down$6,130
Down $932 (-13%) from 2021
Revenue
Up$867,128
Up $428,314 (+98%) from 2021
Expenses
Up$404,975
Up $246,219 (+155%) from 2021
Net Income
Up$462,153
Up $182,095 (+65%) from 2021
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $269,775 | $769,927 | ▲ $500,152 |
| Cash and Non-Interest-Bearing Accounts | $521,781 | $509,214 | ▼ $12,567 |
| Investments Other Securities | $203,102 | $169,248 | ▼ $33,854 |
| Accounts Receivable | $30,000 | - | - |
| Total Assets | $1,024,658 | $1,448,389 | ▲ $423,731 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $7,062 | $6,130 | ▼ $932 |
| Total Liabilities | $7,062 | $6,130 | ▼ $932 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $631,006 | $1,014,199 | ▲ $383,193 |
| Net Assets With Donor Restrictions | $386,590 | $428,060 | ▲ $41,470 |
| Total Net Assets Fund Balance | $1,017,596 | $1,442,259 | ▲ $424,663 |
| Total Liabilities and Net Assets / Fund Balance | $1,024,658 | $1,448,389 | ▲ $423,731 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $169,248 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $203,102 | - | ▼ $33,854 | - | $169,248 |
| 2021 | $184,694 | - | ▲ $24,908 | - | $203,102 |
| 2020 | $156,826 | - | ▲ $27,869 | - | $184,694 |
| 2019 | $158,629 | - | ▲ $34,697 | - | $156,826 |
| 2018 | $165,887 | - | ▼ $7,258 | - | $158,629 |
| Name | Title |
|---|---|
| Amanda Tucker | Trustee |
| Caleb Shor | Trustee |
| Cameron Freer | Trustee |
| Ila Varma | Trustee |
| Li-mei Lim | Trustee |
| Michael King | Trustee |
| Paul Sherman | Trustee (resigned 2023/04) |
| Demi Dubois | Treas.(2021/10-2022/11) |
| Wan-yin Wu | Ttee, Pres(2022/11-present |
| Henry Cohn | Ttee, Secy. (2022/11-prese |
| Henry Cohn | Ttee,pres (2021/10-2022/11 |
| Joshua Greene | Ttee,secy.(2021/10-2022/11 |
| Glenn Stevens | Ttee,treas.(2022/11-presen |
| Marjory Baruch | Ttee,VP(2022/11-present) |
| Arjun Khandelwal | Ttee. (2021/10-2022/09) |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $383,660 |
| Other Expenses | $21,315 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $383,660 | - | - | $383,660 |
| Fees for Services Management | - | $15,103 | - | $15,103 |
| Fees for Services Accounting | - | $5,575 | - | $5,575 |
| Fees for Services Other | - | $637 | - | $637 |
| Total Functional Expenses | $383,660 | $21,315 | $0 | $404,975 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $404,975 |
| Total Expenses per Audited Statements | $404,975 |
| Total Expenses per Form 990 | $404,975 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Boston University (promys Designation) | Boston, MA | 501c3 | Need-based Financial Aid, Breakout Fellowship, and Other Student Support | $85,000 |
| Boston University (promys Designation) | Boston, MA | 501c3 | 15 Mehta Fellow Students | $75,000 |
| Boston University (promys Designation) | Boston, MA | 501c3 | Two Grants From the Foundation to Promys and Promys for Teachers | $70,000 |
| Boston University (promys Designation) | Boston, MA | 501c3 | Jane Street Fellowships for Students and Counselors | $30,000 |
| Boston University (promys Designation) | Boston, MA | 501c3 | Promys Pathways | $10,000 |
| Boston University (promys Designation) | Boston, MA | 501c3 | Ams Scholarship | $5,000 |
| Boston University (promys Designation) | Boston, MA | 501c3 | Yongren Fellowship | $5,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The foundation's officers review and approve the form 990 before submission.”
“Annually, each trustee is expected to report conflict of interests to the board of trustees.”
“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.”
“1. In may 2022, the 2022 breakout fellowship to promys, the 8th year of the fellowship, was awarded to one an of the northern mariana islands. 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). 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's first summer of operation began in may 2023 at the indian institute of science (iisc) bangalore. Promys was delighted to welcome eighteen mehta fellows to promys 2022 which ran in person at boston university: twelve first-year mehta fellows, two returning mehta fellows, and one junior counselor, and three mehta counselors. Most of the fellows came from india, but there were also students from nepal, sri lanka, egypt and the philippines. 3.after two years of running a modified online program due to covid-19, promys for teachers (pft) returned in person to the campus of boston university. Academic year seminars (four half-day workshops) continued to be offered in a virtual format to help teachers unpack the pedagogical approaches used at 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. Ten teachers took part in promys for teachers in 2022, including 3 returning pft alumni. All participants but one were massachusetts teachers; the other, a mehta fellow recommender, traveled from india to attend. 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 2022 yongren fellow was jiushan xie. Jiushan was a rising high school senior from chengdu, china who is now studying mathematics as an undergraduate at kings college, london. 5.promys is grateful to the american mathematical society (ams) epsilon fund for its support for promys 2022 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 2022 including two jane street fellowships for students, two jane street fellowships for counselors, and support for promys math circle (now named promys pathways) designed for talented students who are low-income or from other groups underrepresented in stem. 7.in 2017, promys launched promys math circle (pmc) to increase outreach efforts to massachusetts students from low-income an”
“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.”
“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, 2022, 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 2019. For the year ended december 31, 2022, there were no interest or penalties associated with tax positions recorded in the accompanying financial statements.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 7062 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 6130 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 30000 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AllOtherContributionsAmt | 0 | 862506 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | GLENN STEVENS TREASURER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6173532563 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 15502 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BOSTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02215 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 521781 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 509214 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 862506 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 383660 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3821 |
| IRS990/CYOtherExpensesAmt | 0 | 21315 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 801 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 462153 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 404975 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 867128 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE PROMYS FOUNDATION WAS EXCITED TO FUND $383,660 IN MISSION-RELATED ACTIVITIES IN 2022 INCLUDING SUPPORTING NEED-BASED FINANCIAL AID FOR STUDENTS AT PROMYS 2022 INCLUDING THE BREAKOUT FELLOW, AMERICAN MATHEMATICAL SOCIETY SCHOLAR, MEHTA FELLOWS, YONGREN FELLOW, AND JANE STREET FELLOWS. OVERALL, 39% OF STUDENTS RECEIVED A TOTAL OF $148,000 IN AID, EXCLUDING TRAVEL SUPPORT. THE FOUNDATION ALSO SUPPORTED STIPENDS FOR TEACHERS AND TEACHER COUNSELORS AT PROMYS FOR TEACHERS AND THE FREE PROMYS PATHWAYS SUMMER PROGRAM FOR TALENTED STUDENTS FROM LOW-INCOME OR UNDERREPRESENTED BACKGROUNDS.A TOTAL OF 76 HIGH SCHOOL STUDENTS, 21 UNDERGRADUATE COUNSELORS, AND 2 JUNIOR COUNSELORS PARTICIPATED IN PROMYS 2022 ON THE CAMPUS OF BOSTON UNIVERSITY. THREE ADVANCED SEMINARS WERE OFFERED IN 2022, AND THE STUDENTS AND COUNSELORS WERE EXCITED THAT PROMYS WAS RUNNING IN PERSON AGAIN, FOR THE FIRST TIME SINCE THE START OF THE COVID-19 PANDEMIC.WITH THE LAUNCH OF PROMYS INDIA DELAYED UNTIL 2023, 13 SEPARATELY FUNDED MEHTA FELLOW STUDENTS FROM INDIA, NEPAL AND SRI LANKA PARTICIPATED IN BOSTON, AS DID TWO MEHTA FELLOWS FROM EGYPT AND THE PHILIPPINES. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 386590 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 428060 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 383660 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 5575 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5575 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 15103 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 15103 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 637 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 637 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TTEE,PRES (2021/10-2022/11 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TREAS.(2021/10-2022/11) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE (RESIGNED 2023/04) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TTEE. (2021/10-2022/09) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 56 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantAmt | 0 | 383660 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 383660 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 383660 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 56 |
| IRS990/GrossReceiptsAmt | 0 | 867128 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3765 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3765 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 203102 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 169248 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1017596 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1442259 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 56 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 56 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -37490 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 631006 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1014199 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | GLENN STEVENS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM T SHIRT SALE P |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 801 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 801 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 406246 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 143707 |
| IRS990/PYInvestmentIncomeAmt | 0 | 31538 |
| IRS990/PYOtherExpensesAmt | 0 | 15049 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1030 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 280058 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 158756 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 438814 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 462153 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 269775 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 769927 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 23634 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 24030 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 12000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt | 0 | 48955 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 114665 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 223284 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 632506 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 252044 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 288311 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 251524 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 316889 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1741274 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 3821 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 31538 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5806 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9451 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5838 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 56454 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 374 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 1030 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 180 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 10069 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1125 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 12778 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 3821 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 31538 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5806 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 9451 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 5838 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 56454 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.03120 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.04080 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.83310 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.60840 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1508268 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 23634 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 24030 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 12000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt | 0 | 58955 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt | 0 | 127165 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 245784 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt | 0 | 10000 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt | 0 | 12500 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 22500 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 632880 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 253074 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 288491 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 261593 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 318014 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1754052 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 636701 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 284612 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 294297 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 271044 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 323852 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1810506 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 203102 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 169248 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -33854 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 184694 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 203102 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | -6500 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 24908 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 156826 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 184694 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 27869 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 158629 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 156826 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | -36500 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 34697 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 165887 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 158629 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -7258 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 404975 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | 0 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -37490 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 169248 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | VANGUARD - BREAKOUT FELLOWSHIPS TERM ENDOWMENT FUND |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -37490 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 867128 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | 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, 2022, 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 2019. FOR THE YEAR ENDED DECEMBER 31, 2022, THERE WERE NO INTEREST OR PENALTIES ASSOCIATED WITH TAX POSITIONS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART V, LINE 4: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART IV LINE 11F UNCERTAIN TAX POSITIONS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 169248 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 404975 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 867128 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 829638 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 404975 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 85000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 75000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 5000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 3 | 30000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 4 | 5000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 5 | 10000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 6 | 70000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 2 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 3 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 4 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 5 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 6 | 501C3 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.