Ptc Foundation Inc
- Assets
- $9.6k
- Revenue
- $320.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 02/2019
- Data as of
- 09/2023
- EIN
- 82-5383610
Organization Overview
Ptc Foundation Inc is located in Boston, MA. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ptc Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Ptc Foundation Inc has awarded 74 individual grants totaling $2,203,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Von Staats President, Trustee/director | 2 | $0 | |
Tom O'donnell Treasurer | 2 | $0 | |
Kameelah Benjamin Fuller Trustee/director | 1 | $0 | |
David Katzman Trustee/director | 1 | $0 | |
Jordan Cox Trustee/director | 1 | $0 | |
Nicole Dwyer Clerk | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $320,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $320,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,322 |
| Contributions, gifts, grants paid | $330,000 |
| Total expenses and disbursements | $357,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,600 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,600 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ptc Foundation Inc has awarded $330,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PURPOSE: TO SUPPORT A STEM CAUSE FOCUSED ON EMPOWERING THE ENGINEERS AND INNOVATORS OF TOMORROW | $100,000 |
NSBE BOSTON PROFESSIONALS PURPOSE: TO SUPPORT YOUTH/ PRE-COLLEGE INITIATIVES, SCHOLARSHIPS FOR NSBE MEMBERS FOR TECH FOCUSED COLLEGES | $5,000 |
HOPE REHABILITATION SERVICES PURPOSE: TO SUPPORT PEOPLE WITH DEVELOPMENT DISABILITIES AND MENTAL HEALTH NEEDS | $5,000 |
YEAR UP PURPOSE: TO SUPPORT MISSION OF CLOSING THE OPPORTUNITY DIVIDE BY ENSURING THAT YOUNG ADULTS GAIN THE SKILLS, EXPERIENCES, AND SUPPORT THAT WILL EMPOWER THEM TO REACH THEIR POTENTIAL THROUGH CAREERS AND HIGHER EDUCATION | $5,000 |
ROBOTICS EDUCATION & COMPETITION FOUNDATION PURPOSE: TO SUPPORT EVERY EDUCATOR WITH COMPETITION, EDUCATION, AND WORKFORCE READINESS PROGRAMS TO INCREASE STUDENT ENGAGEMENT IN SCIENCE, TECHNOLOGY, ENGINEERING, MATH, AND COMPUTER SCIENCE | $15,000 |
INABLE PURPOSE: TO PROVIDE RESOURCES FOR ALL ABILITIES TO SUCCEED IN SCHOOL AND IN THE WORKPLACE | $5,000 |