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Also known as: PROMOTION OF SCHOLARSHIP
William Lowell Putnam Prize Fund For The Promotion Of Schlrshp Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 1998. The principal officer is % Bfo. It holds total assets of $5.9M. Annual income is reported at $1.4M. THE FUND ALSO MAKES CONTRIBUTIONS TO VARIOUS COLLEGES ANDOTHER EDUCATIONAL INSTITUTIONS AS SELECTED BY ITS TRUSTEESAND APPROVAL OF THE COMMISSIONER. According to available records, William Lowell Putnam Prize Fund For The Promotion Of Schlrshp Inc. has made 8 grants totaling $3.3M, with a median grant of $334K. Annual giving has grown from $667K in 2020 to $2M in 2022. Individual grants have ranged from $95K to $775K, with an average award of $415K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Massachusetts and District of Columbia. Contributions to this foundation are tax-deductible.
THE FUND ALSO MAKES CONTRIBUTIONS TO VARIOUS COLLEGES ANDOTHER EDUCATIONAL INSTITUTIONS AS SELECTED BY ITS TRUSTEESAND APPROVAL OF THE COMMISSIONER.
Expenses: $300K
THE PUTNAM PRIZE FUND PROVIDES FUNDS FOR MATHEMATICSCOMPETITION UNDER THE SUPERVISION OF THE MATHEMATICS ASSNOF AMERICA AND AWARDS PRIZES TO INDIVIDUALS & THEIR SCHOOLS.
Expenses: $367K
THE FUND ALSO MAKES CONTRIBUTIONS TO VARIOUS COLLEGES ANDOTHER EDUCATIONAL INSTITUTIONS AS SELECTED BY ITS TRUSTEESAND APPROVAL OF THE COMMISSIONER. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MA, DC.
William Lowell Putnam Prize Fund For The Promotion Of Schlrshp Inc. has distributed a total of $3.3M across 8 grants. The median grant size is $334K, with an average of $415K. Individual grants have ranged from $95K to $775K.
William Lowell Putnam Prize Fund For The Promotion Of Schlrshp Inc. typically selects its grantees rather than accepting unsolicited proposals.
William Lowell Putnam Prize Fund For The Promotion Of Schlrshp Inc. is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Putnam Iii | PRESIDENT/CLERK/DIRECTOR | $0 | $0 | $0 |
| Warren Lowell Putnam | TREASURER/DIRECTOR | $0 | $0 | $0 |
Total Giving
$889K
Total Assets
$5.5M
Fair Market Value
$15.6M
Net Worth
$5.5M
Grants Paid
$769K
Contributions
$0
Net Investment Income
$834K
Distribution Amount
$730K
Total: $4.6M
Total Grants
8
Total Giving
$3.3M
Average Grant
$415K
Median Grant
$334K
Unique Recipients
3
Most Common Grant
$775K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| President & Fellows Of Harvard UniversityCHARITABLE GIFT | Cambridge, MA | $775K | 2022 |
| Mathematical Association Of AmericaCHARITABLE GIFT | Washington, DC | $203K | 2022 |
| Matehmatical Association Of AmericaPRIZE FUND EXPENSES & BALANCE DUE | Washington, DC | $367K | 2020 |
TEMPLE, NH
NEWBURYPORT, MA
BOSTON, MA
TEWKSBURY, MA
WESTFIELD, MA
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
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