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Filing year 2024

PTRD FOUNDATION INC

Belmont, Massachusetts·EIN 92-3646531·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$24k
Total assets
$931k
Total expenses
$44k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. PTRD FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

President/director
Treasurer/director
Secretary/director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$37k

Itemized grants

3

Median grant

$10k

RecipientLocationPurposeAmount
YAYASAN MUSIC AMADEUS INDONESIAKEBAYORAN LAMA, IDTHE FOUNDATION GAVE A GRANT IN THE AMOUNT OF $17,000 TO THE AMADEUS MUSIC SCHOOL IN INDONESIA, WHICH STRIVES TO DEVELOP DILIGENCE, SENSITIVITY, PERSISTENCE AND CONSCIENTIOUSNESS IN STUDENTS, WHILE GIVING THEM A PATHWAY TO INTERNATIONAL MUSIC STUDIES. THE GRANT WAS GIVEN TO ASSIST WITH MUSIC EDUCATION AND CONCERT PRODUCTIONS AFTER THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY WITHIN THE MEANING OF SECTIONS 4945(D)(4)(B) AND 4945(H) OF THE INTERNAL REVENUE CODE.$17k
MASSACHUSETTS INSTITUTE OF TECHNOLOGYCAMBRIDGE, MATHE FOUNDATION GAVE A GRANT IN THE AMOUNT OF $10,000 TO THE MIT MISTI PROGRAM, WHICH MAKES IT POSSIBLE FOR MIT STUDENTS TO EXPERIENCE THE WORLD WHILE ADVANCING KNOWLEDGE, TACKLING TOUGH CHALLENGES, AND PREPARING FOR LIVES OF IMPACT, SERVICE, AND LEADERSHIP IN AN INTERCONNECTED GLOBAL SOCIETY.$10k
MASSACHUSETTS INSTITUTE OF TECHNOLOGYCAMBRIDGE, MATHE FOUNDATION GAVE A GRANT IN THE AMOUNT OF $10,000 TO THE MIT SUPERUROP PROGRAM (AN ADVANCED UNDERGRADUATE RESEARCH OPPORTUNITIES PROGRAM). THIS PROGRAM IS A TWO-SEMESTER SUPERVISED PROJECT, ADMINISTERED BY MIT'S DEPARTMENT OF ELECTRICAL ENGINEERING AND COMPUTER SCIENCE, WHICH TAKES UNDERGRADUATES THROUGH THE COMPLETE RESEARCH CYCLE, FROM SELECTING A TOPIC AND DESIGNING THEIR EXPERIMENT TO WRITING A TECHNICAL PAPER AND PRESENTING THEIR RESULTS AT CONFERENCES. OVER ONE THOUSAND UNDERGRADUATES HAVE ALREADY GAINED VALUABLE RESEARCH EXPERIENCE THROUGH SUPERUROP, HELPING THEM MAKE INFORMED DECISIONS ABOUT GRADUATE SCHOOL, STEM CAREERS, AND MORE.$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

PTRD FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$917k
$175
2023
$24k
$44k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

PTRD FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
FAQ

Common questions about PTRD FOUNDATION INC

What are PTRD FOUNDATION INC's revenue and expenses?

In 2024, PTRD FOUNDATION INC reported $24k in total revenue and $44k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.