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Ultraintelligence Foundation is a private trust based in NEWTON, MA. The foundation received its IRS ruling in 2024. It holds total assets of $6.2M. Annual income is reported at $257K. Total assets have decreased from $70K in 2022 to $27K in 2023. 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 2022 to 2023. According to available records, Ultraintelligence Foundation has made 3 grants totaling $35K, with a median grant of $15K. Individual grants have ranged from $5K to $15K, with an average award of $12K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and Massachusetts and Pennsylvania. 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.
Ultraintelligence Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY, MA, PA.
Ultraintelligence Foundation has distributed a total of $35K across 3 grants. The median grant size is $15K, with an average of $12K. Individual grants have ranged from $5K to $15K.
Ultraintelligence Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ultraintelligence Foundation is headquartered in NEWTON, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Bates | TRUSTEE | $0 | $0 | N/A |
Total Giving
$43K
Total Assets
$27K
Fair Market Value
$27K
Net Worth
$27K
Grants Paid
$35K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
3
Total Giving
$35K
Average Grant
$12K
Median Grant
$15K
Unique Recipients
3
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Massachusetts Institute Of TechnologyPROGRAM SUPPORT | Cambridge, MA | $15K | 2023 |
| Cornell UniversityPROGRAM SUPPORT | Ithaca, NY | $15K | 2023 |
| The Pennsylvania State UniversityPROGRAM SUPPORT | University Park, PA | $5K | 2023 |