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Polynate Foundation is a private corporation based in NEWTONVILLE, MA. The foundation received its IRS ruling in 2011. It holds total assets of $20.7M. Annual income is reported at $3.5M. Total assets have grown from $6.5M in 2011 to $21.1M in 2023. The foundation is governed by 2 officers and trustees. 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 2023. According to available records, Polynate Foundation has made 2 grants totaling $2.8M, with a median grant of $1.4M. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Polynate Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NY.
Polynate Foundation has distributed a total of $2.8M across 2 grants. The median grant size is $1.4M, with an average of $1.4M. Individual grants have ranged from $1.4M to $1.4M.
Polynate Foundation typically selects its grantees rather than accepting unsolicited proposals.
Polynate Foundation is headquartered in NEWTONVILLE, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Sherman | TRUSTEE | $0 | $0 | N/A |
| Lynn Hsu | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.9M
Total Assets
$21.1M
Fair Market Value
$41.3M
Net Worth
$21.1M
Grants Paid
$1.9M
Contributions
N/A
Net Investment Income
$1.4M
Distribution Amount
$2M
Total: $917K
Total Grants
2
Total Giving
$2.8M
Average Grant
$1.4M
Median Grant
$1.4M
Unique Recipients
1
Most Common Grant
$1.4M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Morgan Stanley Global Impact Funding TrustCOMMUNITY GOOD | Purchase, NY | $1.4M | 2022 |