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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.
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.
| 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 |