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Mathenaeum Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2009. The principal officer is Foundation Source. It holds total assets of $10M. Annual income is reported at $669K. Total assets have decreased from $15.2M in 2010 to $10M in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Funding is distributed across 4 states, including New York, Massachusetts, Ohio. According to available records, Mathenaeum Foundation has made 26 grants totaling $859K, with a median grant of $15K. Annual giving has grown from $240K in 2021 to $619K in 2022. Individual grants have ranged from $5K to $125K, with an average award of $33K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in District of Columbia, Ohio, New Jersey, which account for 38% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Mathenaeum Foundation reported 26 individual grants totaling $858,602 between 2021 and 2022 across its IRS Form 990-PF filings, with a median grant of $15,000. Half of those grants fell between $8,500 and $25,000. Its largest single grant in the record was $125,000. Its most recent available filing, for fiscal year 2023, reports $793,757 in total giving.
The largest share of grants went to organizations in DC (6 of 26), followed by WA (4) and OH (3). In total the foundation's grantees span 8 states. Of its 10 distinct grantees, 90 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Society For Science And The Public ($262,000), Ross Mathematics Foundation ($129,282) and The Oeis Foundation Inc ($125,000).
Computed from 26 individual grant records (2021–2022) in this foundation's IRS Form 990-PF Part XV filings, reaching 8 states. Source: IRS 990-PF.
Smallest Grant
$5K
Median Grant
$55K
Average Grant
$60K
Largest Grant
$125K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Mathenaeum Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in DC, OH, NJ.
Mathenaeum Foundation has distributed a total of $859K across 26 grants. The median grant size is $15K, with an average of $33K. Individual grants have ranged from $5K to $125K.
Mathenaeum Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mathenaeum Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 8 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Glen T Whitney | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$10M
Fair Market Value
N/A
Net Worth
$10M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
26
Total Giving
$859K
Average Grant
$33K
Median Grant
$15K
Unique Recipients
10
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Society For Science And The PublicExpand and enhance mathematics coverage in Science News for an eighteen-month period | Washington, DC | $116K | 2022 |
| MathsworldukExpenditure Responsibility Grant | Leeds | $62K | 2022 |
| Seattle Universal Math MuseumThe recruitment and hiring of SUMM's new Executive Director | Mercer Island, WA | $25K | 2022 |
| Prison Mathematics Project IncPublic and Participant Outreach and Communication | Phoenix, AZ | $25K | 2022 |
| Ross Mathematics FoundationRoss Endowment Fund | Columbus, OH | $15K | 2022 |
| Girls Angle IncGeneral & Unrestricted | Cambridge, MA | $11K | 2022 |
| Mathematical Association Of America IncorporatedProject NExT | Washington, DC | $8K | 2022 |
| Art Of Problem Solving Initiative IncGeneral & Unrestricted | New York, NY | $7K | 2022 |
| Fannie And John Hertz FoundationGeneral & Unrestricted | Pleasanton, CA | $6K | 2022 |
| The Oeis Foundation IncThe grant funds shall be managed by the Grantee as an endowment fund | Highland Park, NJ | $125K | 2021 |
WILMINGTON, DE
WILMINGTON, DE
WILMINGTON, DE