Polynate Foundation
Preselected recipients only
Polynate Foundation is a private foundation in Newtonville, Massachusetts. In tax year 2025 it gave $6.6 million in 3 grants; the typical grant was $350,000 and the largest $6.1 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$6.6 million
- Number of grants3
- Typical grant$350,000
- Largest grant$6.1 million
- Assets$48.1 million
- New grantees67%
Giving in 2025 was up from $2.3 million the year before.
67% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.9 million | 1 | $41.3 million |
| 2024 | $2.3 million | 4 | $44.3 million |
| 2025 | $6.6 million | 3 | $48.1 million |
How to apply
Polynate Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Polynate Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Ohio.
| State | Grants | Amount |
|---|---|---|
| Ohio | 1 | $6.1 million |
| Illinois | 1 | $350,000 |
| Massachusetts | 1 | $150,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable | Community good | $6.1 million |
| National Math Camps | Community good | $350,000 |
| Promys Inc | Community good | $150,000 |
Officers and trustees
- Paul Sherman
- Lynn Hsu
Questions people ask
Does Polynate Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Polynate Foundation give?
$6.6 million in tax year 2025, across 3 grants, with a typical grant of $350,000.
Who runs Polynate Foundation?
Its 2025 filing lists Paul Sherman (Trustee) and Lynn Hsu (Trustee).
What does Polynate Foundation fund?
Based on its grants, mainly youth programs.